Orchid Net Receivables vs Total Current Assets Analysis
ORC Stock | USD 8.58 0.05 0.59% |
Orchid Island financial indicator trend analysis is much more than just breaking down Orchid Island Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Orchid Island Capital is a good investment. Please check the relationship between Orchid Island Net Receivables and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Net Receivables vs Total Current Assets
Net Receivables vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Orchid Island Capital Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Orchid Island's Net Receivables and Total Current Assets is -0.04. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Orchid Island Capital, assuming nothing else is changed. The correlation between historical values of Orchid Island's Net Receivables and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Orchid Island Capital are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., Orchid Island's Net Receivables and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Net Receivables
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Orchid Island's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Orchid Island Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Orchid Island's Enterprise Value Multiple is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 4.1 B, whereas Selling General Administrative is forecasted to decline to about 1.8 M.
Orchid Island fundamental ratios Correlations
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Orchid Island Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Orchid Island fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.9B | 4.1B | 7.1B | 3.9B | 4.3B | 3.0B | |
Other Current Liab | (11.1M) | (1.2M) | (788K) | (9.2M) | (3.7B) | (3.5B) | |
Total Current Liabilities | 11.1M | 1.2M | 788K | 9.2M | 3.7B | 3.9B | |
Total Stockholder Equity | 395.5M | 415.3M | 768.1M | 438.8M | 469.9M | 327.5M | |
Net Debt | 3.2B | 3.4B | 5.9B | 3.2B | 3.5B | 3.7B | |
Retained Earnings | (20.1M) | (18.0M) | (82.8M) | (341.2M) | (380.4M) | (361.4M) | |
Accounts Payable | 11.1M | 1.2M | 788K | 9.2M | 7.9M | 8.3M | |
Cash | 278.7M | 220.1M | 385.1M | 205.7M | 200.3M | 151.8M | |
Non Current Assets Total | 6.6M | 7.0M | 37.2M | 36.4M | 4.0B | 4.3B | |
Non Currrent Assets Other | (3.6B) | (3.7B) | (37.2M) | (36.4M) | 149.3M | 141.8M | |
Other Assets | 3.6B | 3.8B | 6.6B | 3.6B | (120.4M) | (114.4M) | |
Cash And Short Term Investments | 278.7M | 220.1M | 385.1M | 205.7M | 349.1M | 366.6M | |
Net Receivables | 12.4M | 10.1M | 18.9M | 11.5M | 15.0M | 27.2M | |
Common Stock Total Equity | 631K | 761K | 1.8M | 368K | 423.2K | 448.7K | |
Common Stock Shares Outstanding | 11.3M | 13.4M | 24.2M | 37.5M | 44.6M | 46.9M | |
Liabilities And Stockholders Equity | 3.9B | 4.1B | 7.1B | 3.9B | 4.3B | 3.0B | |
Other Stockholder Equity | 415.0M | 432.5M | 849.1M | 779.6M | 849.8M | 892.3M | |
Total Liab | 11.1M | 1.2M | 788K | 3.4B | 3.8B | 4.0B | |
Total Current Assets | 291.1M | 230.3M | 404.0M | 217.2M | 335.7M | 302.4M | |
Common Stock | 631K | 761K | 1.8M | 368K | 516K | 457.2K | |
Net Tangible Assets | 395.5M | 415.3M | 768.1M | 438.8M | 504.6M | 368.0M | |
Retained Earnings Total Equity | (20.1M) | (18.0M) | (82.8M) | (341.2M) | (307.1M) | (291.7M) | |
Non Current Liabilities Total | 38.5M | 47.2M | 56.5M | 9.2M | 89.4M | 84.9M | |
Capital Surpluse | 415.0M | 432.5M | 849.1M | 779.6M | 896.5M | 941.4M | |
Non Current Liabilities Other | 3.5B | 3.6B | 6.3B | 3.4B | 3.9B | 3.0B | |
Short Long Term Debt Total | 3.4B | 3.6B | 6.2B | 3.4B | 3.7B | 3.2B | |
Other Current Assets | (291.1M) | (309.6M) | (469.3M) | (248.7M) | (364.1M) | (345.9M) | |
Long Term Investments | 3.6B | 3.7B | 50.8M | 40.2M | 77.6M | 73.7M | |
Short Term Debt | 3.4B | 3.6B | 6.2B | 3.4B | 3.7B | 3.6B | |
Cash And Equivalents | 193.8M | 220.1M | 385.1M | 205.7M | 236.5M | 220.1M | |
Capital Stock | 631K | 761K | 1.8M | 368K | 516K | 831.8K |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orchid Island Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Orchid Island's price analysis, check to measure Orchid Island's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orchid Island is operating at the current time. Most of Orchid Island's value examination focuses on studying past and present price action to predict the probability of Orchid Island's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orchid Island's price. Additionally, you may evaluate how the addition of Orchid Island to your portfolios can decrease your overall portfolio volatility.
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Is Orchid Island's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Orchid Island. If investors know Orchid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Orchid Island listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.179 | Dividend Share 1.68 | Earnings Share (0.60) | Revenue Per Share (0.12) | Quarterly Revenue Growth 1.755 |
The market value of Orchid Island Capital is measured differently than its book value, which is the value of Orchid that is recorded on the company's balance sheet. Investors also form their own opinion of Orchid Island's value that differs from its market value or its book value, called intrinsic value, which is Orchid Island's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Orchid Island's market value can be influenced by many factors that don't directly affect Orchid Island's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orchid Island's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orchid Island is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orchid Island's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.