Harvey Norman Holdings Ltd (HVN) — Financial Flexibility Index
Harvey Norman Holdings Ltd (HVN) has a Financial Flexibility Index of 0.12x as of December 2025. Free cash flow of AU$459.86 Million (operating CF AU$392.88 Million minus capex AU$66.97 Million) represents 0% of total liabilities (AU$3.82 Billion). Check HVN strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Harvey Norman Holdings Ltd Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Harvey Norman Holdings Ltd across 33 annual periods. See HVN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Harvey Norman Holdings Ltd (1991–2025)
Year-by-year free cash flow to debt coverage for Harvey Norman Holdings Ltd. For the full company profile including market capitalisation, see market cap of Harvey Norman Holdings Ltd.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | AU$877.86 Million | AU$694.30 Million | AU$3.53 Billion | ▼ -4.0% |
| 2024 | 0.26x | AU$878.69 Million | AU$686.53 Million | AU$3.39 Billion | ▼ -4.3% |
| 2023 | 0.27x | AU$867.92 Million | AU$680.26 Million | AU$3.21 Billion | ▲ +15.5% |
| 2022 | 0.23x | AU$692.22 Million | AU$597.30 Million | AU$2.95 Billion | ▲ +1.2% |
| 2021 | 0.23x | AU$644.17 Million | AU$543.87 Million | AU$2.78 Billion | ▼ -52.7% |
| 2020 | 0.49x | AU$1.15 Billion | AU$1.06 Billion | AU$2.35 Billion | ▲ +67.8% |
| 2019 | 0.29x | AU$467.07 Million | AU$372.85 Million | AU$1.60 Billion | ▼ -12.7% |
| 2018 | 0.33x | AU$548.07 Million | AU$454.17 Million | AU$1.64 Billion | ▼ -10.6% |
| 2017 | 0.37x | AU$514.51 Million | AU$425.14 Million | AU$1.38 Billion | ▲ +28.8% |
| 2016 | 0.29x | AU$505.85 Million | AU$437.69 Million | AU$1.74 Billion | ▲ +29.9% |
| 2015 | 0.22x | AU$395.46 Million | AU$340.45 Million | AU$1.77 Billion | ▼ -5.1% |
| 2014 | 0.24x | AU$403.90 Million | AU$338.94 Million | AU$1.72 Billion | ▲ +28.1% |
| 2013 | 0.18x | AU$312.80 Million | AU$239.22 Million | AU$1.70 Billion | ▲ +0.1% |
| 2012 | 0.18x | AU$309.49 Million | AU$200.94 Million | AU$1.68 Billion | ▼ -38.4% |
| 2011 | 0.30x | AU$529.76 Million | AU$358.97 Million | AU$1.78 Billion | ▼ -2.0% |
| 2010 | 0.30x | AU$470.96 Million | AU$386.87 Million | AU$1.55 Billion | ▼ -13.9% |
| 2009 | 0.35x | AU$564.77 Million | AU$442.50 Million | AU$1.60 Billion | ▲ +25.6% |
| 2008 | 0.28x | AU$399.13 Million | AU$289.45 Million | AU$1.42 Billion | ▼ -29.9% |
| 2007 | 0.40x | AU$582.09 Million | AU$444.43 Million | AU$1.45 Billion | ▲ +86.4% |
| 2006 | 0.22x | AU$341.84 Million | AU$159.76 Million | AU$1.59 Billion | ▼ -21.0% |
| 2005 | 0.27x | AU$369.97 Million | AU$184.92 Million | AU$1.36 Billion | ▼ -19.7% |
| 2004 | 0.34x | AU$387.23 Million | AU$189.44 Million | AU$1.14 Billion | ▲ +12.3% |
| 2003 | 0.30x | AU$269.47 Million | AU$108.38 Million | AU$891.68 Million | ▼ -29.3% |
| 2002 | 0.43x | AU$339.01 Million | AU$188.95 Million | AU$792.61 Million | ▲ +63.6% |
| 2001 | 0.26x | AU$190.17 Million | AU$61.15 Million | AU$727.40 Million | ▼ -39.1% |
| 2000 | 0.43x | AU$260.57 Million | AU$121.87 Million | AU$607.44 Million | ▲ +11.6% |
| 1997 | 0.38x | AU$98.78 Million | AU$29.70 Million | AU$256.89 Million | ▼ -39.4% |
| 1996 | 0.63x | AU$131.46 Million | AU$67.79 Million | AU$207.28 Million | ▲ +208.2% |
| 1995 | 0.21x | AU$43.95 Million | AU$16.05 Million | AU$213.56 Million | ▲ +1.9% |
| 1994 | 0.20x | AU$31.97 Million | AU$7.48 Million | AU$158.28 Million | ▲ +3433.8% |
| 1993 | -0.01x | AU$-695.00K | AU$-6.53 Million | AU$114.71 Million | ▼ -106.6% |
| 1992 | 0.09x | AU$7.83 Million | AU$1.71 Million | AU$85.24 Million | ▼ -72.0% |
| 1991 | 0.33x | AU$23.56 Million | AU$9.89 Million | AU$71.78 Million | — |