Harmony Gold Mining Co. Ltd. (HAR) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.265x

Based on the latest financial reports, Harmony Gold Mining Co. Ltd. (HAR) has a cash flow conversion efficiency ratio of 0.265x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (ZAC13.85 Billion ≈ $7.36 Million USD) by net assets (ZAC52.20 Billion ≈ $27.74 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also explore HAR total assets for the complete picture of this company's asset base.

Harmony Gold Mining Co. Ltd. - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how Harmony Gold Mining Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see Harmony Gold Mining Co. Ltd. (HAR) market capitalisation.

Harmony Gold Mining Co. Ltd. Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Harmony Gold Mining Co. Ltd. ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
eMemory Technology TWO:3529	0.210x
Doosan KO:000150	0.010x
Arrowhead Pharmaceuticals Inc NASDAQ:ARWR	0.041x
Agree Realty Corporation NYSE:ADC	0.018x
Bangkok Dusit Medical Services Public Company Limited BK:BDMS	0.039x
Shenzhen Transsion Holdings Co Ltd SHG:688036	0.165x
TORAY INDUSTRIES ADR/2 F:6HK	N/A
Boston Properties Inc NYSE:BXP	0.036x

Annual Cash Flow Conversion Efficiency for Harmony Gold Mining Co. Ltd. (1998–2025)

The table below shows the annual cash flow conversion efficiency of Harmony Gold Mining Co. Ltd. from 1998 to 2025. See Harmony Gold Mining Co. Ltd. book value and equity for net asset value and shareholders' equity analysis.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	ZAC48.51 Billion ≈ $25.78 Million	ZAC22.65 Billion ≈ $12.04 Million	0.467x	+22.15%
2024-06-30	ZAC40.95 Billion ≈ $21.76 Million	ZAC15.65 Billion ≈ $8.32 Million	0.382x	+34.00%
2023-06-30	ZAC34.88 Billion ≈ $18.54 Million	ZAC9.95 Billion ≈ $5.29 Million	0.285x	+24.05%
2022-06-30	ZAC30.12 Billion ≈ $16.01 Million	ZAC6.92 Billion ≈ $3.68 Million	0.230x	-20.65%
2021-06-30	ZAC31.68 Billion ≈ $16.84 Million	ZAC9.18 Billion ≈ $4.88 Million	0.290x	+2389.26%
2020-06-30	ZAC23.38 Billion ≈ $12.42 Million	ZAC272.08 Million ≈ $144.59K	0.012x	-94.36%
2019-06-30	ZAC22.70 Billion ≈ $12.06 Million	ZAC4.68 Billion ≈ $2.49 Million	0.206x	+24.91%
2018-06-30	ZAC25.32 Billion ≈ $13.45 Million	ZAC4.18 Billion ≈ $2.22 Million	0.165x	+31.74%
2017-06-30	ZAC29.08 Billion ≈ $15.45 Million	ZAC3.64 Billion ≈ $1.94 Million	0.125x	-22.86%
2016-06-30	ZAC28.31 Billion ≈ $15.04 Million	ZAC4.60 Billion ≈ $2.44 Million	0.162x	-82.18%
2015-06-30	ZAC26.99 Billion ≈ $14.34 Million	ZAC24.61 Billion ≈ $13.08 Million	0.912x	+1117.84%
2014-06-30	ZAC31.04 Billion ≈ $16.50 Million	ZAC2.32 Billion ≈ $1.24 Million	0.075x	-26.09%
2013-06-30	ZAC32.14 Billion ≈ $17.08 Million	ZAC3.26 Billion ≈ $1.73 Million	0.101x	-22.83%
2012-06-30	ZAC33.92 Billion ≈ $18.03 Million	ZAC4.45 Billion ≈ $2.37 Million	0.131x	+71.80%
2011-06-30	ZAC30.38 Billion ≈ $16.15 Million	ZAC2.32 Billion ≈ $1.23 Million	0.076x	+40.98%
2010-06-30	ZAC29.21 Billion ≈ $15.52 Million	ZAC1.58 Billion ≈ $841.28K	0.054x	-18.02%
2009-06-30	ZAC34.58 Billion ≈ $18.38 Million	ZAC2.29 Billion ≈ $1.21 Million	0.066x	-11.15%
2008-06-30	ZAC24.77 Billion ≈ $13.17 Million	ZAC1.84 Billion ≈ $979.54K	0.074x	+38.35%
2007-06-30	ZAC21.58 Billion ≈ $11.47 Million	ZAC1.16 Billion ≈ $616.74K	0.054x	+203.63%
2006-06-30	ZAC20.91 Billion ≈ $11.11 Million	ZAC370.27 Million ≈ $196.78K	0.018x	+125.14%
2005-06-30	ZAC19.92 Billion ≈ $10.59 Million	ZAC-1.40 Billion ≈ $-745.84K	-0.070x	-279.81%
2004-06-30	ZAC20.51 Billion ≈ $10.90 Million	ZAC-380.48 Million ≈ $-202.21K	-0.019x	-112.35%
2003-06-30	ZAC8.77 Billion ≈ $4.66 Million	ZAC1.32 Billion ≈ $700.11K	0.150x	-47.10%
2002-06-30	ZAC8.02 Billion ≈ $4.26 Million	ZAC2.28 Billion ≈ $1.21 Million	0.284x	+232.44%
2001-06-30	ZAC4.62 Billion ≈ $2.46 Million	ZAC394.85 Million ≈ $209.84K	0.085x	-15.12%
2000-06-30	ZAC2.86 Billion ≈ $1.52 Million	ZAC287.34 Million ≈ $152.71K	0.101x	-65.71%
1999-06-30	ZAC1.72 Billion ≈ $915.73K	ZAC505.58 Million ≈ $268.69K	0.293x	+10658.64%
1998-06-30	ZAC1.30 Billion ≈ $688.71K	ZAC3.53 Million ≈ $1.88K	0.003x	--

About Harmony Gold Mining Co. Ltd.

JSE:HAR South Africa Gold

Market Cap

$9.17 Billion

ZAC17.25 Trillion ZAC

Market Cap Rank

#2370 Global

#17 in South Africa

Share Price

ZAC27605.00

Change (1 day)

+0.84%

52-Week Range

ZAC22946.00 - ZAC40841.00

All Time High

ZAC40841.00