Harvey Norman Holdings Ltd (HVN) — Defensive Interval Ratio

Latest as of December 2025: 296 days

Harvey Norman Holdings Ltd (HVN) has a Defensive Interval Ratio of 296 days as of December 2025. Defensive assets of AU$1.02 Billion (cash AU$109.00 Million, short-term investments AU$-, receivables AU$914.08 Million) cover 296 days of daily cash needs of AU$3.46 Million/day. Check tangible equity quality of Harvey Norman Holdings Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

296 days
Days of operational coverage

Defensive Assets

AU$1.02 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AU$3.46 Million
Current Liabilities ÷ 365

Current Liabilities

AU$1.26 Billion
AUD

Harvey Norman Holdings Ltd Defensive Interval Ratio (1989–2025)

This chart shows how Harvey Norman Holdings Ltd's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the ratio stands at 296 days, meaning defensive assets of AU$1.02 Billion can fund 296 days of operations without new revenue. Also explore Harvey Norman Holdings Ltd (HVN) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Harvey Norman Holdings Ltd (1989–2025)

The table below presents the year-by-year Defensive Interval Ratio for Harvey Norman Holdings Ltd from 1989 to 2025, covering 37 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see HVN stock market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 272 days AU$1.02 Billion AU$3.76 Million/day AU$92.51 Million AU$- ▼ -202 days
2024 473 days AU$1.03 Billion AU$2.18 Million/day AU$91.23 Million AU$- ▲ +2006 days
2023 -1533 days AU$-3.10 Billion AU$2.02 Million/day AU$93.56 Million AU$-4.19 Billion ▼ -577 days
2022 -956 days AU$-2.59 Billion AU$2.71 Million/day AU$248.80 Million AU$-3.91 Billion ▼ -1271 days
2021 315 days AU$988.04 Million AU$3.14 Million/day AU$57.46 Million AU$41.28 Million ▲ +51 days
2020 264 days AU$567.97 Million AU$2.15 Million/day AU$26.15 Million AU$30.24 Million ▼ -38 days
2019 302 days AU$743.26 Million AU$2.46 Million/day AU$- AU$1.40 Million ▼ -31 days
2018 333 days AU$756.15 Million AU$2.27 Million/day AU$- AU$31.46 Million ▲ +27 days
2017 306 days AU$623.14 Million AU$2.04 Million/day AU$- AU$1.69 Million ▲ +5 days
2016 301 days AU$1.06 Billion AU$3.50 Million/day AU$- AU$1.69 Million ▼ -23 days
2015 324 days AU$1.11 Billion AU$3.43 Million/day AU$- AU$1.35 Million ▲ +0 days
2014 324 days AU$1.12 Billion AU$3.46 Million/day AU$- AU$1.05 Million ▼ -146 days
2013 470 days AU$1.07 Billion AU$2.29 Million/day AU$- AU$18.89 Million ▲ +55 days
2012 415 days AU$1.04 Billion AU$2.51 Million/day AU$- AU$24.40 Million ▲ +8 days
2011 406 days AU$1.11 Billion AU$2.72 Million/day AU$- AU$41.23 Million ▼ -18 days
2010 424 days AU$1.12 Billion AU$2.63 Million/day AU$- AU$34.40 Million ▲ +132 days
2009 292 days AU$1.10 Billion AU$3.78 Million/day AU$- AU$25.87 Million ▼ -55 days
2008 347 days AU$1.02 Billion AU$2.96 Million/day AU$- AU$23.52 Million ▼ -97 days
2007 444 days AU$1.03 Billion AU$2.32 Million/day AU$- AU$3.14 Million ▼ -72 days
2006 515 days AU$1.01 Billion AU$1.95 Million/day AU$- AU$2.74 Million ▲ +53 days
2005 463 days AU$877.89 Million AU$1.90 Million/day AU$- AU$35.36 Million ▲ +36 days
2004 426 days AU$766.80 Million AU$1.80 Million/day AU$- AU$2.46 Million ▼ -61 days
2003 487 days AU$661.36 Million AU$1.36 Million/day AU$- AU$8.62 Million ▲ +60 days
2002 427 days AU$578.67 Million AU$1.36 Million/day AU$- AU$10.47 Million ▲ +24 days
2001 403 days AU$536.77 Million AU$1.33 Million/day AU$- AU$8.46 Million ▼ -36 days
2000 439 days AU$486.11 Million AU$1.11 Million/day AU$- AU$10.03 Million ▼ -41 days
1999 481 days AU$365.27 Million AU$759.78K/day AU$- AU$6.79 Million ▲ +81 days
1998 399 days AU$255.33 Million AU$639.17K/day AU$- AU$- ▼ -94 days
1997 493 days AU$217.12 Million AU$440.16K/day AU$- AU$- ▲ +5 days
1996 489 days AU$207.46 Million AU$424.67K/day AU$- AU$- ▼ -76 days
1995 564 days AU$192.55 Million AU$341.28K/day AU$- AU$- ▲ +101 days
1994 463 days AU$135.76 Million AU$292.94K/day AU$- AU$- ▼ -42 days
1993 505 days AU$87.81 Million AU$173.79K/day AU$- AU$- ▼ -11 days
1992 516 days AU$57.99 Million AU$112.36K/day AU$- AU$- ▲ +59 days
1991 458 days AU$42.77 Million AU$93.47K/day AU$- AU$- ▲ +182 days
1990 276 days AU$38.59 Million AU$139.93K/day AU$- AU$- ▼ -35 days
1989 310 days AU$33.89 Million AU$109.20K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)