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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore TWO net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Two Harbors Investments Corp (2007–2025)
Year-by-year debt coverage analysis for Two Harbors Investments Corp. For market capitalisation and broader financial context, see TWO market cap.
| 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 | — |