TWO HARBORS INV. DL-0001 (2H2) - Net Assets
Based on the latest financial reports, TWO HARBORS INV. DL-0001 (2H2) has net assets worth €1.79 Billion EUR (≈ $2.09 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.86 Billion ≈ $12.70 Billion USD) and total liabilities (€9.07 Billion ≈ $10.61 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TWO HARBORS INV. DL-0001 liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.79 Billion |
| % of Total Assets | 16.46% |
| Annual Growth Rate | -6.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.03 |
TWO HARBORS INV. DL-0001 - Net Assets Trend (2022–2025)
This chart illustrates how TWO HARBORS INV. DL-0001's net assets have evolved over time, based on quarterly financial data. Also explore TWO HARBORS INV. DL-0001 assets under control for the complete picture of this company's asset base.
Annual Net Assets for TWO HARBORS INV. DL-0001 (2022–2025)
The table below shows the annual net assets of TWO HARBORS INV. DL-0001 from 2022 to 2025. For live valuation and market cap data, see TWO HARBORS INV. DL-0001 (2H2) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €1.79 Billion ≈ $2.09 Billion |
-15.76% |
| 2024-12-31 | €2.12 Billion ≈ $2.48 Billion |
-3.67% |
| 2023-12-31 | €2.20 Billion ≈ $2.58 Billion |
+0.91% |
| 2022-12-31 | €2.18 Billion ≈ $2.55 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to TWO HARBORS INV. DL-0001's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 94735400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.55 Billion | 366.40% |
| Total Equity | €1.79 Billion | 100.00% |
TWO HARBORS INV. DL-0001 Competitors by Market Cap
The table below lists competitors of TWO HARBORS INV. DL-0001 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pacira BioSciences, Inc.
NASDAQ:PCRX
|
$989.57 Million |
|
Preformed Line Products Company
NASDAQ:PLPC
|
$989.86 Million |
|
Gracell Biotechnologies Inc.
NASDAQ:GRCL
|
$989.87 Million |
|
Gr. Sarantis S.A.
AT:SAR
|
$989.90 Million |
|
Kuros Biosciences AG
SW:KURN
|
$988.78 Million |
|
Cymbria Corporation
TO:CYB
|
$987.87 Million |
|
Chongqing Lummy Pharmaceutical
SHE:300006
|
$987.34 Million |
|
Queclink Wireless Solutions Co Ltd
SHE:300590
|
$987.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TWO HARBORS INV. DL-0001's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,122,509,000 to 1,787,927,000, a change of -334,582,000 (-15.8%).
- Net loss of 454,300,000 reduced equity.
- Dividend payments of 222,392,000 reduced retained earnings.
- New share issuances of 279,000 increased equity.
- Other factors increased equity by 341,831,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-454.30 Million | -25.41% |
| Dividends Paid | €222.39 Million | -12.44% |
| Share Issuances | €279.00K | +0.02% |
| Other Changes | €341.83 Million | +19.12% |
| Total Change | €- | -15.76% |
Book Value vs Market Value Analysis
This analysis compares TWO HARBORS INV. DL-0001's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.55x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.37x to 0.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €25.26 | €9.37 | x |
| 2023-12-31 | €21.35 | €9.37 | x |
| 2024-12-31 | €20.47 | €9.37 | x |
| 2025-12-31 | €17.06 | €9.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TWO HARBORS INV. DL-0001 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -25.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -394.84%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 6.07x
- Recent ROE (-25.41%) is below the historical average (-1.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 10.09% | 54.09% | 0.03x | 6.17x | €1.89 Million |
| 2023 | -4.83% | -334.66% | 0.00x | 5.96x | €-326.71 Million |
| 2024 | 14.05% | 58.38% | 0.04x | 5.75x | €85.92 Million |
| 2025 | -25.41% | -394.84% | 0.01x | 6.07x | €-633.09 Million |
Industry Comparison
This section compares TWO HARBORS INV. DL-0001's net assets metrics with peer companies in the REIT - Mortgage industry.
No peer company data available for comparison.
About TWO HARBORS INV. DL-0001
Two Harbors Investment Corp. invests in, finances, and manages mortgage servicing rights (MSRs), agency residential mortgage-backed securities (RMBS), and other financial assets through RoundPoint in the United States. The company target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and other assets, … Read more