Harvey Norman Holdings Ltd Net Asset Quality Index
Harvey Norman Holdings Ltd net asset quality index. Harvey Norman Holdings Ltd (HVN) has a Net Asset Quality Index of 56.4% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of AU$8.77 Billion minus total liabilities of AU$3.82 Billion yields net assets of AU$4.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Harvey Norman Holdings Ltd cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Harvey Norman Holdings Ltd (1989–2025)
Net asset quality index of Harvey Norman Holdings Ltd from 1989 to 2025. This chart shows how Harvey Norman Holdings Ltd's Net Asset Quality Index has evolved across 37 annual periods from 1989 to 2025. As of December 2025, the index stands at 56.4%, representing net assets of AU$4.95 Billion against total assets of AU$8.77 Billion AUD. See Harvey Norman Holdings Ltd book value and equity for net asset value and shareholders' equity analysis.
Harvey Norman Holdings Ltd Net Asset Quality Index by Year (1989–2025)
Harvey Norman Holdings Ltd net asset quality index by year from 1989 to 2025. The table below presents the year-by-year Net Asset Quality Index for Harvey Norman Holdings Ltd from 1989 to 2025, covering 37 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Harvey Norman Holdings Ltd stock valuation.
| Year | Quality Index | Net Assets (AUD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 57.9% | AU$4.84 Billion | AU$8.37 Billion | AU$3.53 Billion | ▲ +0.6 pp |
| 2024 | 57.2% | AU$4.54 Billion | AU$7.93 Billion | AU$3.39 Billion | ▼ -1.0 pp |
| 2023 | 58.2% | AU$4.47 Billion | AU$7.67 Billion | AU$3.21 Billion | ▼ -1.0 pp |
| 2022 | 59.3% | AU$4.29 Billion | AU$7.25 Billion | AU$2.95 Billion | ▲ +0.9 pp |
| 2021 | 58.3% | AU$3.89 Billion | AU$6.67 Billion | AU$2.78 Billion | ▼ -1.3 pp |
| 2020 | 59.7% | AU$3.48 Billion | AU$5.83 Billion | AU$2.35 Billion | ▼ -7.0 pp |
| 2019 | 66.6% | AU$3.20 Billion | AU$4.80 Billion | AU$1.60 Billion | ▲ +2.5 pp |
| 2018 | 64.2% | AU$2.94 Billion | AU$4.58 Billion | AU$1.64 Billion | ▼ -3.0 pp |
| 2017 | 67.1% | AU$2.81 Billion | AU$4.19 Billion | AU$1.38 Billion | ▲ +6.5 pp |
| 2016 | 60.7% | AU$2.69 Billion | AU$4.43 Billion | AU$1.74 Billion | ▲ +1.6 pp |
| 2015 | 59.1% | AU$2.56 Billion | AU$4.33 Billion | AU$1.77 Billion | ▼ -0.1 pp |
| 2014 | 59.2% | AU$2.49 Billion | AU$4.21 Billion | AU$1.72 Billion | ▲ +1.1 pp |
| 2013 | 58.2% | AU$2.36 Billion | AU$4.07 Billion | AU$1.70 Billion | ▲ +0.8 pp |
| 2012 | 57.4% | AU$2.27 Billion | AU$3.95 Billion | AU$1.68 Billion | ▲ +1.7 pp |
| 2011 | 55.7% | AU$2.23 Billion | AU$4.00 Billion | AU$1.78 Billion | ▼ -2.6 pp |
| 2010 | 58.2% | AU$2.16 Billion | AU$3.70 Billion | AU$1.55 Billion | ▲ +1.9 pp |
| 2009 | 56.3% | AU$2.06 Billion | AU$3.66 Billion | AU$1.60 Billion | ▼ -1.5 pp |
| 2008 | 57.9% | AU$1.95 Billion | AU$3.37 Billion | AU$1.42 Billion | ▲ +3.3 pp |
| 2007 | 54.6% | AU$1.74 Billion | AU$3.19 Billion | AU$1.45 Billion | ▲ +7.0 pp |
| 2006 | 47.6% | AU$1.44 Billion | AU$3.03 Billion | AU$1.59 Billion | ▼ -2.3 pp |
| 2005 | 49.9% | AU$1.35 Billion | AU$2.71 Billion | AU$1.36 Billion | ▼ -2.0 pp |
| 2004 | 51.8% | AU$1.23 Billion | AU$2.37 Billion | AU$1.14 Billion | ▼ -1.9 pp |
| 2003 | 53.7% | AU$1.03 Billion | AU$1.93 Billion | AU$891.68 Million | ▲ +1.2 pp |
| 2002 | 52.5% | AU$875.89 Million | AU$1.67 Billion | AU$792.61 Million | ▲ +5.2 pp |
| 2001 | 47.3% | AU$653.81 Million | AU$1.38 Billion | AU$727.40 Million | ▼ -0.2 pp |
| 2000 | 47.5% | AU$550.33 Million | AU$1.16 Billion | AU$607.44 Million | ▼ -1.0 pp |
| 1999 | 48.5% | AU$404.83 Million | AU$834.54 Million | AU$429.71 Million | ▼ -2.8 pp |
| 1998 | 51.3% | AU$334.86 Million | AU$652.23 Million | AU$317.38 Million | ▲ +1.3 pp |
| 1997 | 50.1% | AU$257.49 Million | AU$514.38 Million | AU$256.89 Million | ▼ -1.0 pp |
| 1996 | 51.1% | AU$216.50 Million | AU$423.78 Million | AU$207.28 Million | ▲ +8.3 pp |
| 1995 | 42.8% | AU$159.81 Million | AU$373.37 Million | AU$213.56 Million | ▲ +3.7 pp |
| 1994 | 39.1% | AU$101.79 Million | AU$260.08 Million | AU$158.28 Million | ▲ +1.1 pp |
| 1993 | 38.1% | AU$70.56 Million | AU$185.27 Million | AU$114.71 Million | ▼ -3.7 pp |
| 1992 | 41.7% | AU$61.06 Million | AU$146.30 Million | AU$85.24 Million | ▼ -0.5 pp |
| 1991 | 42.3% | AU$52.57 Million | AU$124.35 Million | AU$71.78 Million | ▼ -2.8 pp |
| 1990 | 45.1% | AU$46.20 Million | AU$102.40 Million | AU$56.20 Million | ▼ -4.3 pp |
| 1989 | 49.4% | AU$39.04 Million | AU$78.96 Million | AU$39.92 Million | — |