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Orchid Island Capital (Orchid Island Capital) Return-on-Tangible-Equity

: 23.17% (As of Dec. 2023)
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Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Orchid Island Capital's annualized net income for the quarter that ended in Dec. 2023 was $108.51 Mil. Orchid Island Capital's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $468.39 Mil. Therefore, Orchid Island Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 23.17%.

The historical rank and industry rank for Orchid Island Capital's Return-on-Tangible-Equity or its related term are showing as below:

ORC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.83   Med: 0.48   Max: 18.66
Current: -8.46

During the past 13 years, Orchid Island Capital's highest Return-on-Tangible-Equity was 18.66%. The lowest was -42.83%. And the median was 0.48%.

ORC's Return-on-Tangible-Equity is ranked worse than
85.96% of 798 companies
in the REITs industry
Industry Median: 4.55 vs ORC: -8.46

Orchid Island Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Orchid Island Capital's Return-on-Tangible-Equity 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.

* Premium members only.

Orchid Island Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.63 0.52 -10.94 -42.83 -8.63

Orchid Island Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.30 3.17 8.71 -66.99 23.17

Competitive Comparison

For the REIT - Mortgage subindustry, Orchid Island Capital's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Orchid Island Capital Return-on-Tangible-Equity Distribution

For the REITs industry and Real Estate sector, Orchid Island Capital's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Orchid Island Capital's Return-on-Tangible-Equity falls into.



Orchid Island Capital Return-on-Tangible-Equity Calculation

Orchid Island Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-39.226/( (438.763+469.945 )/ 2 )
=-39.226/454.354
=-8.63 %

Orchid Island Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=108.508/( (466.841+469.945)/ 2 )
=108.508/468.393
=23.17 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Orchid Island Capital  (NYSE:ORC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Orchid Island Capital Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Orchid Island Capital's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Orchid Island Capital (Orchid Island Capital) Business Description

Traded in Other Exchanges
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
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