Two Harbors Investments Corp Tangible Net Worth Ratio

Latest as of March 2026: -37.5%

Two Harbors Investments Corp tangible net worth ratio. Two Harbors Investments Corp (TWO) has a Tangible Net Worth Ratio of -37.5% as of March 2026. This metric is calculated by deducting intangible assets ($2.38 Billion) from net assets ($1.73 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. Check Two Harbors Investments Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

-37.5%
Tangible equity / total equity

Net Assets (Equity)

$1.73 Billion
USD

Intangible Assets

$2.38 Billion
Goodwill, patents, brand value

Total Assets

$10.53 Billion
USD

Tangible Net Worth Ratio of Two Harbors Investments Corp (2007–2025)

Tangible net worth ratio of Two Harbors Investments Corp from 2007 to 2025. This chart shows how Two Harbors Investments Corp's Tangible Net Worth Ratio has changed across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at -37.5%, reflecting net assets of $1.73 Billion with intangible assets of $2.38 Billion USD. See how liquid is Two Harbors Investments Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Two Harbors Investments Corp Tangible Net Worth Ratio by Year (2007–2025)

Two Harbors Investments Corp tangible net worth ratio by year from 2007 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Two Harbors Investments Corp from 2007 to 2025, covering 19 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 live market cap and overall valuation, see Two Harbors Investments Corp stock valuation.

Year Tangible NW Ratio Net Assets (USD) 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 ▼ -56.8 pp
2021 20.1% $2.74 Billion $2.19 Billion $12.11 Billion ▼ -28.2 pp
2020 48.3% $3.09 Billion $1.60 Billion $19.52 Billion ▼ -13.3 pp
2019 61.6% $4.97 Billion $1.91 Billion $35.92 Billion ▲ +8.4 pp
2018 53.1% $4.25 Billion $1.99 Billion $30.13 Billion ▼ -16.4 pp
2017 69.6% $3.57 Billion $1.09 Billion $24.79 Billion ▼ -10.0 pp
2016 79.6% $3.40 Billion $693.82 Million $20.11 Billion ▼ -6.6 pp
2015 86.2% $3.58 Billion $493.69 Million $14.58 Billion ▼ -2.7 pp
2014 88.9% $4.07 Billion $452.01 Million $21.02 Billion ▲ +2.2 pp
2013 86.7% $3.85 Billion $514.40 Million $17.17 Billion ▼ -13.3 pp
2012 100.0% $3.45 Billion $0.00 $16.81 Billion ▲ +0.0 pp
2011 100.0% $1.27 Billion $0.00 $8.10 Billion ▲ +0.0 pp
2010 100.0% $382.45 Million $0.00 $1.80 Billion ▲ +0.0 pp
2009 100.0% $121.72 Million $0.00 $538.37 Million ▲ +0.0 pp
2008 100.0% $184.16 Million $0.00 $262.10 Million ▲ +0.0 pp
2007 100.0% $182.10 Million $0.00 $260.30 Million —
pp = percentage points