Two Harbors Investment Corp.
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Two Harbors Investment Corp. generated cash of $343,509,000, which is less than the previous year. Cash used in financing activities reached the amount of -$479,398,000 last year. Net change in cash is therefore -$331,672,000.
Cash Flow
| 2014 | -764.14M | -2.69B | 3.44B |
|---|---|---|---|
| 2015 | -1.93B | 7.98B | -6.31B |
| 2016 | 239.67M | -5.81B | 5.24B |
| 2017 | 606.78M | -9.48B | 9.11B |
| 2018 | 702.87M | 4.78B | -5.45B |
| 2019 | 1.05B | -6.07B | 5.54B |
| 2020 | 631.60M | 14.90B | -14.50B |
| 2021 | 423.51M | 6.31B | -7.29B |
| 2022 | 623.40M | -2.75B | 1.16B |
| 2023 | 343.50M | -195.78M | -479.39M |
TWO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.12B | 2.08B | 2.64B | 1.61B | 1.09B | 1.05B | 815.19M | 737.83M | 1.00B | 1.02B |
Operating activities | ||||||||||
Net income | -106.37M | 220.23M | 187.22M | -1.63B | 323.96M | -44.29M | 308.23M | 353.27M | 492.21M | 167.13M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 0 | 79.79M | -5.96M | 40.26M | 24.91M | 0 | 969K | 1.28M | 1.36M | 1.61M |
Stock-based compensation expense | 10.97M | 11.63M | 11.48M | 9.73M | 9.16M | 12.99M | 11.33M | 15.19M | 9.00M | 15.08M |
| Deferred income tax benefit | 10.97M | 11.63M | 11.48M | 9.73M | 9.16M | 12.99M | 11.33M | 15.19M | 9.00M | 15.08M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 679K | -9.75M | 20.90M | 45.46M | -6.04M | 12.36M | -24.68M | -12.78M | 15.55M | -15.22M |
Inventories | 0 | 0 | 5.96M | -40.26M | -24.91M | 41.98M | 0 | 0 | 0 | -200.80M |
Accounts payable | 47.73M | 75.65M | -3.28M | -127.96M | -10.37M | 44.82M | 67.11M | 10.78M | -5.04M | 3.49M |
Cash generated by operating activities | 343.50M | 623.40M | 423.51M | 631.60M | 1.05B | 702.87M | 606.78M | 239.67M | -1.93B | -764.14M |
Investing activities | ||||||||||
Purchases Of Investments | -1.63B | -10.73B | -2.49B | -8.29B | -24.73B | -12.70B | -18.36B | -21.34B | -1.87B | -8.34B |
Investments In Property Plant And Equipment | 0 | -629.81M | -742.15M | -622.40M | -613.66M | -976.39M | -484.26M | -317.70M | -123.66M | -65.70M |
Acquisitions Net | 26.79M | 0 | 742.15M | 622.40M | 613.66M | -13.55M | 484.26M | 317.70M | 123.66M | 65.70M |
Cash generated by investing activities | -195.78M | -2.75B | 6.31B | 14.90B | -6.07B | 4.78B | -9.48B | -5.81B | 7.98B | -2.69B |
Financing activities | ||||||||||
Common Stock Issued | 275.67M | 6.61M | 450.60M | 372K | 336.25M | 215K | 449K | 502K | 539K | 0 |
Payments for dividends | -246.6M | -290.36M | -257.14M | -275.28M | -538.94M | -329.02M | -436.05M | -331.86M | -381.58M | -285.55M |
Repurchases of common stock | -21.86M | -51.40M | -274.95M | -1.06M | -19K | 0 | 0 | -61.30M | -115.17M | 0 |
Repayments of term debt | 96.20M | 554.29M | -7.21B | -963.17M | 5.74B | -457.4M | 7.70B | -832.40M | 2.10B | 3.72B |
Cash used in financing activities | -479.39M | 1.16B | -7.29B | -14.50B | 5.54B | -5.45B | 9.11B | 5.24B | -6.31B | 3.44B |
Net Change In Cash | -331.67M | -962.16M | -557.76M | 1.02B | 519.06M | 42.76M | 239.8M | -330.94M | -267.96M | -19.69M |
Cash at end of period | 794.83M | 1.12B | 2.08B | 2.64B | 1.61B | 1.09B | 1.05B | 406.88M | 737.83M | 1.00B |
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