Harmony Gold Mining Co. Ltd. (HAR) — Cash Flow-to-Debt Ratio
Harmony Gold Mining Co. Ltd. (HAR) has a Cash Flow-to-Debt Ratio of 0.22x as of December 2025, meaning its operating cash flow of ZAC13.85 Billion could theoretically repay 0% of its total liabilities (ZAC62.42 Billion) in one year. Explore long-term investment intensity of Harmony Gold Mining Co. Ltd. to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Harmony Gold Mining Co. Ltd. Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Harmony Gold Mining Co. Ltd. across 28 annual periods. Also explore HAR current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Harmony Gold Mining Co. Ltd. (1998–2025)
Year-by-year debt coverage analysis for Harmony Gold Mining Co. Ltd.. For market capitalisation and broader financial context, see HAR market cap.
| Year | CF-to-Debt Ratio | Operating CF (ZAC) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.78x | ZAC22.65 Billion | ZAC28.99 Billion | ▼ -2.6% |
| 2024 | 0.80x | ZAC15.65 Billion | ZAC19.51 Billion | ▲ +80.3% |
| 2023 | 0.44x | ZAC9.95 Billion | ZAC22.36 Billion | ▲ +7.2% |
| 2022 | 0.41x | ZAC6.92 Billion | ZAC16.69 Billion | ▼ -19.5% |
| 2021 | 0.52x | ZAC9.18 Billion | ZAC17.82 Billion | ▲ +3936.2% |
| 2020 | 0.01x | ZAC272.08 Million | ZAC21.32 Billion | ▼ -96.1% |
| 2019 | 0.33x | ZAC4.68 Billion | ZAC14.19 Billion | ▲ +11.9% |
| 2018 | 0.30x | ZAC4.18 Billion | ZAC14.17 Billion | ▼ -22.9% |
| 2017 | 0.38x | ZAC3.64 Billion | ZAC9.53 Billion | ▼ -26.1% |
| 2016 | 0.52x | ZAC4.60 Billion | ZAC8.89 Billion | ▼ -80.1% |
| 2015 | 2.60x | ZAC24.61 Billion | ZAC9.47 Billion | ▲ +999.9% |
| 2014 | 0.24x | ZAC2.32 Billion | ZAC9.84 Billion | ▼ -28.6% |
| 2013 | 0.33x | ZAC3.26 Billion | ZAC9.85 Billion | ▼ -32.6% |
| 2012 | 0.49x | ZAC4.45 Billion | ZAC9.08 Billion | ▲ +106.3% |
| 2011 | 0.24x | ZAC2.32 Billion | ZAC9.76 Billion | ▲ +22.1% |
| 2010 | 0.19x | ZAC1.58 Billion | ZAC8.13 Billion | ▼ -85.1% |
| 2009 | 1.31x | ZAC2.29 Billion | ZAC1.75 Billion | ▲ +753.3% |
| 2008 | 0.15x | ZAC1.84 Billion | ZAC12.01 Billion | ▲ +91.1% |
| 2007 | 0.08x | ZAC1.16 Billion | ZAC14.46 Billion | ▲ +138.1% |
| 2006 | 0.03x | ZAC370.27 Million | ZAC10.98 Billion | ▲ +124.9% |
| 2005 | -0.14x | ZAC-1.40 Billion | ZAC10.38 Billion | ▼ -225.4% |
| 2004 | -0.04x | ZAC-380.48 Million | ZAC9.16 Billion | ▼ -120.4% |
| 2003 | 0.20x | ZAC1.32 Billion | ZAC6.46 Billion | ▼ -44.8% |
| 2002 | 0.37x | ZAC2.28 Billion | ZAC6.16 Billion | ▲ +243.5% |
| 2001 | 0.11x | ZAC394.85 Million | ZAC3.67 Billion | ▼ -13.8% |
| 2000 | 0.12x | ZAC287.34 Million | ZAC2.30 Billion | ▼ -77.2% |
| 1999 | 0.55x | ZAC505.58 Million | ZAC921.27 Million | ▲ +8881.8% |
| 1998 | 0.01x | ZAC3.53 Million | ZAC578.45 Million | — |