Two Harbors Investments Corp (TWO) — Cash Flow-to-Debt Ratio
Two Harbors Investments Corp (TWO) has a Cash Flow-to-Debt Ratio of 0.01x as of March 2026, meaning its operating cash flow of $56.58 Million could theoretically repay 0% of its total liabilities ($8.80 Billion) in one year. See Two Harbors Investments Corp (TWO) financial flexibility to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Two Harbors Investments Corp Cash Flow-to-Debt Ratio (2007–2025)
Historical debt coverage capacity for Two Harbors Investments Corp across 19 annual periods. For the full cash flow conversion analysis, see TWO cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Two Harbors Investments Corp (2007–2025)
Year-by-year debt coverage analysis for Two Harbors Investments Corp. Check TWO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | $88.92 Million | $9.07 Billion | ▼ -50.8% |
| 2024 | 0.02x | $201.00 Million | $10.08 Billion | ▼ -36.5% |
| 2023 | 0.03x | $343.51 Million | $10.94 Billion | ▼ -43.1% |
| 2022 | 0.06x | $623.40 Million | $11.28 Billion | ▲ +22.3% |
| 2021 | 0.05x | $423.51 Million | $9.37 Billion | ▲ +17.5% |
| 2020 | 0.04x | $631.60 Million | $16.43 Billion | ▲ +12.6% |
| 2019 | 0.03x | $1.06 Billion | $30.95 Billion | ▲ +25.7% |
| 2018 | 0.03x | $702.87 Million | $25.88 Billion | ▼ -5.0% |
| 2017 | 0.03x | $606.78 Million | $21.22 Billion | ▲ +99.4% |
| 2016 | 0.01x | $239.68 Million | $16.71 Billion | ▲ +108.1% |
| 2015 | -0.18x | $-1.94 Billion | $11.00 Billion | ▼ -290.7% |
| 2014 | -0.05x | $-764.15 Million | $16.96 Billion | ▼ -32.0% |
| 2013 | -0.03x | $-454.67 Million | $13.32 Billion | ▼ -379.6% |
| 2012 | 0.01x | $163.13 Million | $13.36 Billion | ▼ -45.0% |
| 2011 | 0.02x | $151.64 Million | $6.83 Billion | ▼ -5.1% |
| 2010 | 0.02x | $33.11 Million | $1.41 Billion | ▲ +160.0% |
| 2009 | -0.04x | $-16.24 Million | $416.64 Million | ▼ -272.3% |
| 2008 | 0.02x | $1.76 Million | $77.93 Million | ▲ +27.3% |
| 2007 | 0.02x | $1.39 Million | $78.20 Million | — |