Two Harbors Investment Balance Sheet Health
Financial Health criteria checks 1/6
Two Harbors Investment has a total shareholder equity of $2.1B and total debt of $9.1B, which brings its debt-to-equity ratio to 429.3%. Its total assets and total liabilities are $12.2B and $10.1B respectively.
Key information
429.3%
Debt to equity ratio
US$9.11b
Debt
| Interest coverage ratio | n/a |
| Cash | US$870.70m |
| Equity | US$2.12b |
| Total liabilities | US$10.08b |
| Total assets | US$12.20b |
Recent financial health updates
No updates
Recent updates
Two Harbors: Weak Earnings
Oct 29Two Harbors Preferreds Look Much Better Than The Common
Jul 22Two Harbors: A Mortgage REIT Recovery Play With A 13% Yield
Jan 07Two Harbors Investment: Mark-To-Market Books Can Be Deceiving
Sep 11Two Harbors: One Yield Gets Fatter, The Other Is Cut
Jun 26Two Harbors: Two Yields
Feb 23Two Harbors: The Book Value Is Still The Issue
Feb 17Two Harbors Investment announces 10M share offering
Feb 02Two Harbors Investment declares $0.60 dividend
Dec 19Two Harbors Investment Non-GAAP EPS of $0.64 misses by $0.15, net interest income of $11.04M
Nov 08Two Harbors Investment dips 4% on prelim FQ3 numbers
Oct 12Two Harbors Investment declares $0.17 dividend
Sep 21Two Harbors: Things Will Stabilize
Aug 22Two Harbors: There Is Potential, But It's Not A Buy Yet
Jun 10Financial Position Analysis
Short Term Liabilities: TWO's short term assets ($1.6B) do not cover its short term liabilities ($7.3B).
Long Term Liabilities: TWO's short term assets ($1.6B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: TWO's net debt to equity ratio (388.3%) is considered high.
Reducing Debt: TWO's debt to equity ratio has reduced from 610.5% to 429.3% over the past 5 years.
Debt Coverage: TWO's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if TWO's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 17:05 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Two Harbors Investment Corp. is covered by 30 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Merrill Ross | BGB Securities, Inc. |
| Kenneth Bruce | BofA Global Research |