Harvey Norman Holdings Ltd (HVN) — Financial Flexibility Index

Latest as of December 2025: 0.12x

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). Also explore how fast is Harvey Norman Holdings Ltd growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

AU$459.86 Million
Operating CF − Capex

Total Liabilities

AU$3.82 Billion
AUD

Capital Expenditures

AU$66.97 Million
AUD

Harvey Norman Holdings Ltd Financial Flexibility Index (1991–2025)

Historical Financial Flexibility Index trend for Harvey Norman Holdings Ltd across 33 annual periods. Check how strategically is Harvey Norman Holdings Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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 Harvey Norman Holdings Ltd stock valuation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities