Orchid Island Capital (Orchid Island Capital) Change In Working Capital : $-4.18 Mil (TTM As of Mar. 2024)

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What is Orchid Island Capital Change In Working Capital?

Orchid Island Capital's change in working capital for the quarter that ended in Mar. 2024 was $3.88 Mil.

Orchid Island Capital's change in working capital for the fiscal year that ended in Dec. 2023 was $-4.29 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Orchid Island Capital Change In Working Capital Historical Data

The historical data trend for Orchid Island Capital's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orchid Island Capital Change In Working Capital Chart

Orchid Island Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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5.56

-5.11

-8.22

16.16

-4.29

Orchid Island Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial															3.76	-5.26	2.78	-5.58	3.88

Orchid Island Capital Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.18 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Orchid Island Capital Change In Working Capital Related Terms

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Orchid Island Capital (Orchid Island Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orchid Island Capital Inc (NYSE:ORC) » Definitions » Change In Working Capital

Comparable Companies

IVR REFI NREF GPMT AOMR TRTX SEVN SACH ACRE AAIC NLY STWD AGNC RITM BXMT ABR RC CMTG ARI LADR

Traded in Other Exchanges

45U0:Germany

Address

3305 Flamingo Drive, Vero Beach, FL, USA, 32963

Website

https://www.orchidislandcapital.com

Orchid Island Capital Inc invests in residential mortgage-backed securities (RMBS) across the United States. The principal and interest payments of its RMBS are guaranteed by the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, or the Government National Mortgage Association, and are backed by single-family residential mortgage loans. The company's investment portfolio is divided into two categories namely traditional pass-through Agency RMBS; and structured Agency RMBS, such as collateralized mortgage obligations, interest-only securities, inverse interest-only securities, and principal-only securities, among other types of structured Agency RMBS.

Executives

Haas G Hunter Iv	director, officer: CFO, CIO and Secretary	C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Robert E Cauley	director, officer: President, CEO	C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Bitting W Coleman	director	6330 NORTHWOOD AVENUE, ST. LOUIS MO 63105
Paula Morabito	director	3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Ava L Parker	director	1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
John Van Heuvelen	director	363 HIGH STREET, DENVER CO 80218
Frank P Filipps	director	1601 MARKET ST, PHILADELPHIA PA 19103
Bimini Capital Management, Inc.	10 percent owner	3305 FLAMINGO DRIVE, VERO BEACH FL 32963