Orchid Island Capital, Inc. (ORC) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
3305 FLAMINGO DRIVE VERO BEACH, FL 32963 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 385 | 220 | 194 | 108 | 214 | 73 | ||
| Cash and cash equivalents | 385 | 220 | 194 | 108 | 214 | 73 | ||
| Restricted cash and investments | 65 | 79 | 85 | 18 | 32 | 21 | ||
| Total current assets: | 450 | 300 | 279 | 126 | 247 | 94 | ||
| Noncurrent Assets | ||||||||
| Other undisclosed assets | 6,618 | 3,759 | 3,603 | 3,269 | 3,777 | 3,044 | ||
| TOTAL ASSETS: | 7,069 | 4,058 | 3,882 | 3,396 | 4,023 | 3,139 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 5 | |||||||
| Interest and dividends payable | 5 | |||||||
| Debt | 6,244 | 3,596 | 3,448 | 3,025 | 3,534 | 2,794 | ||
| Total current liabilities: | 6,244 | 3,596 | 3,448 | 3,025 | 3,534 | 2,798 | ||
| Noncurrent Liabilities | ||||||||
| Other undisclosed liabilities | 56 | 47 | 38 | 35 | 27 | 8 | ||
| Total liabilities: | 6,301 | 3,643 | 3,487 | 3,060 | 3,561 | 2,806 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | 768 | 415 | 396 | 336 | 462 | 333 | ||
| Additional paid in capital | 849 | 433 | 415 | 380 | 462 | 332 | ||
| Accumulated deficit | (83) | (18) | (20) | (44) | ||||
| Other undisclosed stockholders' equity attributable to parent | 2 | 1 | 1 | 0 | 1 | 0 | ||
| Total stockholders' equity: | 768 | 415 | 396 | 336 | 462 | 333 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,069 | 4,058 | 3,882 | 3,396 | 4,023 | 3,139 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Gross profit: | (2) | (2) | (1) | (2) | (2) | ||
| Operating expenses | (23) | (16) | (10) | (12) | (11) | (9) | |
| Operating loss: | (25) | (17) | (12) | (14) | (13) | (9) | |
| Nonoperating income (expense) (Investment Income, Nonoperating) | 27 | (79) | (51) | 24 | (15) | (9) | |
| Income (loss) before gain (loss) on sale of properties: | 2 | (96) | (63) | 11 | (28) | (18) | |
| Other undisclosed net income (loss) | (67) | 99 | 87 | (55) | 30 | 20 | |
| Net income (loss) available to common stockholders, diluted: | (65) | 2 | 24 | (44) | 2 | 2 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (65) | 2 | 24 | (44) | 2 | 2 | |
| Comprehensive income (loss), net of tax, attributable to parent: | (65) | 2 | 24 | (44) | 2 | 2 | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.