TWO HARBORS INV. DL-0001 (2H2) — Tangible Net Worth Ratio
TWO HARBORS INV. DL-0001 (2H2) has a Tangible Net Worth Ratio of -35.5% as of December 2025. This metric is calculated by deducting intangible assets (€2.42 Billion) from net assets (€1.79 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See 2H2 equity financing ratio to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TWO HARBORS INV. DL-0001 Tangible Net Worth Ratio (2022–2025)
This chart shows how TWO HARBORS INV. DL-0001's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at -35.5%, reflecting net assets of €1.79 Billion with intangible assets of €2.42 Billion EUR. Also explore TWO HARBORS INV. DL-0001 (2H2) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for TWO HARBORS INV. DL-0001 (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TWO HARBORS INV. DL-0001 from 2022 to 2025, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TWO HARBORS INV. DL-0001 market capitalisation.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -35.5% | €1.79 Billion | €2.42 Billion | €10.86 Billion | ▲ +5.6 pp |
| 2024 | -41.1% | €2.12 Billion | €2.99 Billion | €12.20 Billion | ▼ -2.6 pp |
| 2023 | -38.5% | €2.20 Billion | €3.05 Billion | €13.14 Billion | ▼ -1.8 pp |
| 2022 | -36.7% | €2.18 Billion | €2.98 Billion | €13.47 Billion | — |