Two Harbors Investment Corp.
New York Stock ExchangeTotal Valuation
Two Harbors Investment Corp. carries a market capitalization of 1.28B, placing it among publicly traded companies globally. Its enterprise value stands at 2.24B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 1.28B |
| Enterprise Value | 2.24B |
Share Statistics
Two Harbors Investment Corp. currently has 105.13M shares outstanding.
| Shares Outstanding | 105.13M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
The price-to-sales ratio is 3.57, and the price-to-book ratio stands at 1.14.
| PE Ratio | N/A |
| PS Ratio | 3.57 |
| PB Ratio | 1.14 |
| P/TBV Ratio | -1.09 |
| P/FCF Ratio | 9.33 |
| P/OCF Ratio | 10.29 |
Enterprise Valuation
| EV / Sales | 6.11 |
| EV / EBITDA | N/A |
| EV / EBIT | N/A |
| EV / FCF | 15.90 |
Financial Position
| Current Ratio | N/A |
| Quick Ratio | N/A |
| Debt / Equity | 56.08 |
| Debt / EBITDA | N/A |
| Interest Coverage | N/A |
Financial Efficiency
| Return on Equity (ROE) | -6.07 |
| Return on Assets (ROA) | -0.20 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | -25.92 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
Over the trailing twelve months, Two Harbors Investment Corp. has paid 16.80M in income taxes, reflecting an effective tax rate of 52.16.
| Income Tax | 16.80M |
| Effective Tax Rate | 52.16 |
Stock Price Statistics
Two Harbors Investment Corp.'s stock has gained approximately 19.88189% over the past 52 weeks. The 50-day moving average sits at 12.14, while the 200-day moving average is 11.40.
| Beta (5Y) | N/A |
| 52-Week Price Change | 19.88189% |
| 50-Day Moving Average | 12.14 |
| 200-Day Moving Average | 11.40 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Two Harbors Investment Corp. generated 366.65M in revenue and converted that into -21.67M in net income, yielding earnings per share of -0.20.
| Revenue | 366.65M |
| Gross Profit | N/A |
| Operating Income | N/A |
| Pretax Income | -4.88M |
| Net Income | -21.67M |
| EBITDA | N/A |
| EBIT | N/A |
| Earnings Per Share (EPS) | -0.20 |
Balance Sheet
Two Harbors Investment Corp. holds 642.77M in cash and equivalents against 978.45M in total debt, resulting in a net debt position of 335.76M.
| Cash & Cash Equivalents | 642.77M |
| Total Debt | 978.45M |
| Net Debt | 335.76M |
| Equity (Book Value) | 1.14B |
| Book Value Per Share | 10.88 |
| Working Capital | N/A |
Cash Flow
Two Harbors Investment Corp. produced 127.22M in operating cash flow over the past twelve months. After subtracting -13.81M in capital expenditures, free cash flow totaled 113.40M - equivalent to 1.08 per share.
| Operating Cash Flow | 127.22M |
| Capital Expenditures | -13.81M |
| Free Cash Flow | 113.40M |
| FCF Per Share | 1.08 |
Margins
Two Harbors Investment Corp. operates with a gross margin of 100.00, reflecting its pricing power and cost economics.
| Gross Margin | 100.00 |
| Operating Margin | N/A |
| Pretax Margin | -1.33 |
| Profit Margin | -5.91 |
| EBITDA Margin | N/A |
Dividends & Yields
The company's payout ratio of -202.16 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 1.91 |
| Dividend Yield | N/A |
| Payout Ratio | -202.16 |
| Shareholder Yield | 288.30 |
| FCF Yield | 10.72 |
Stock Splits
Two Harbors Investment Corp.'s most recent stock split took place on November 2, 2022 with a 4:1 split ratio.
| Last Split Date | 11/2/2022 |
| Split Ratio | 4:1 |
Scores
Two Harbors Investment Corp. posts an Altman Z-Score of -0.86, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -0.86 |