Financial Statements

Two Harbors Investment Corp. (TWO)


-0.06 (-1.18%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -3,697-1,854-1,646-1,140-
Net Income 187-1,630324-44349
Stock Dividends -7637-133-1,052
Dividend Paid -257-275-539-329-436
Retained Earnings -3,774-3,697-1,854-1,646-1,140

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE ---1-
Annual Depreciation 742620614975485
Capital Expenditure -742-620-614-976-484
Net PPE ----1

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -18,365-12,705-24,733-8,203-2,495
Intangible and Goodwill -----

Two Harbors Investment Corp. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Two Harbors Investment Corp. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.