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 Harvey Norman Holdings Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see Harvey Norman Holdings Ltd operating cash flow efficiency.
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. Explore HVN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| 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 | — |