Two Harbors Investments Corp (TWO) — Financial Flexibility Index

Latest as of March 2026: 0.01x

Two Harbors Investments Corp (TWO) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of $57.56 Million (operating CF $56.58 Million minus capex $985.00K) represents 0% of total liabilities ($8.80 Billion). Check Two Harbors Investments Corp (TWO) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

$57.56 Million
Operating CF − Capex

Total Liabilities

$8.80 Billion
USD

Capital Expenditures

$985.00K
USD

Two Harbors Investments Corp Financial Flexibility Index (2007–2025)

Historical Financial Flexibility Index trend for Two Harbors Investments Corp across 19 annual periods. For the full cash flow conversion analysis, see Two Harbors Investments Corp (TWO) cash flow conversion.

Annual Financial Flexibility Index for Two Harbors Investments Corp (2007–2025)

Year-by-year free cash flow to debt coverage for Two Harbors Investments Corp. Explore Two Harbors Investments Corp (TWO) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.02x $192.90 Million $88.92 Million $9.07 Billion ▼ -32.0%
2024 0.03x $315.13 Million $201.00 Million $10.08 Billion ▼ -47.9%
2023 0.06x $656.15 Million $343.51 Million $10.94 Billion ▼ -46.0%
2022 0.11x $1.25 Billion $623.40 Million $11.28 Billion ▼ -10.7%
2021 0.12x $1.17 Billion $423.51 Million $9.37 Billion ▲ +63.0%
2020 0.08x $1.25 Billion $631.60 Million $16.43 Billion ▲ +41.5%
2019 0.05x $1.67 Billion $1.06 Billion $30.95 Billion ▼ -16.8%
2018 0.06x $1.68 Billion $702.87 Million $25.88 Billion ▲ +26.2%
2017 0.05x $1.09 Billion $606.78 Million $21.22 Billion ▲ +54.2%
2016 0.03x $557.39 Million $239.68 Million $16.71 Billion ▲ +120.2%
2015 -0.16x $-1.81 Billion $-1.94 Billion $11.00 Billion ▼ -300.2%
2014 -0.04x $-698.44 Million $-764.15 Million $16.96 Billion ▼ -1337.0%
2013 0.00x $44.35 Million $-454.67 Million $13.32 Billion ▼ -90.3%
2012 0.03x $456.88 Million $163.13 Million $13.36 Billion ▲ +54.0%
2011 0.02x $151.64 Million $151.64 Million $6.83 Billion ▼ -5.1%
2010 0.02x $33.11 Million $33.11 Million $1.41 Billion ▲ +160.0%
2009 -0.04x $-16.24 Million $-16.24 Million $416.64 Million ▼ -272.3%
2008 0.02x $1.76 Million $1.76 Million $77.93 Million ▲ +27.3%
2007 0.02x $1.39 Million $1.39 Million $78.20 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities