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Discontinued — last reported Q3 '17

Debt-to-equity at other companies

Annaly Capital Management logo
Annaly Capital ManagementNLY
0.0×
AGNC Investment Corp. logo
AGNC Investment Corp.AGNC
0.0×
Chimera Investment Corp. logo
Chimera Investment Corp.CIM
0.1×+0.1×
EFC
Ellington Financial Inc.EFC
0.3×+0.2×
Angel Oak Mortgage logo
Angel Oak MortgageAOMR
9.4×
MFA Financial logo
MFA FinancialMFA
0.0×

Other financials

Income statement

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Revenue$88.7M-20.4%
Net income$32.3M+141%
EPS (diluted)$0.18+120%

Balance sheet

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Cash & equivalents$476.3M-17.0%
Total assets$10.5B-23.0%

Cash flow

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Operating cash flow$56.6M-49.4%

Valuation

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Market cap$1.29B-13.8%
P/S3.3×-0.1×

Profitability

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Net margin-91.1%-94.6pp

Returns & leverage

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Return on equity-19.2%-37.1pp

Where this comes from

Calculated from Two Harbors Investment Corporation’s reported figures.

Based on the most recent quarter.

The official record: Two Harbors Investment Corporation’s 10-Q, filed November 8, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.