How much cash does Orchid Island Capital have?

According to Orchid Island Capital's latest annual financial reports, the company has a total of $309.33M in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Orchid Island Capital holds $100.55M in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $409.88M when combining cash and cash equivalents with short-term investments.

On a per-share basis, Orchid Island Capital has $6.26 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $66.99M. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of 79.95%, reflecting the increase in cash and cash equivalents over the specified period.

Orchid Island Capital Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2024.

Year	Cash on Hand	Change
2024	$309.33M	79.95%
2023	$171.89M	-16.42%
2022	$205.65M	-46.60%
2021	$385.14M	74.95%
2020	$220.14M	-21.00%
2019	$278.65M	120.69%
2018	$126.26M	-48.82%
2017	$246.71M	161.28%
2016	$94.42M	65.00%
2015	$57.23M	-43.30%
2014	$100.93M	850.79%
2013	$10.62M	318.37%
2012	$2.54M	34.11%
2011	$1.89M	58.18%
2010	$1.20M	N/A