IREN Balance Sheet Health
Financial Health criteria checks 3/6
IREN has a total shareholder equity of $2.9B and total debt of $964.2M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $4.3B and $1.4B respectively.
Key information
33.52%
Debt to equity ratio
US$964.20m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.09b |
| Equity | US$2.88b |
| Total liabilities | US$1.39b |
| Total assets | US$4.27b |
Recent financial health updates
Recent updates
IREN Stock: Ride The Wave, But This Is A Long-Term Sell
Nov 03Investors Appear Satisfied With IREN Limited's (NASDAQ:IREN) Prospects As Shares Rocket 60%
Oct 18
Weekly Picks: 💻 An AI Chip Giant Gets Re-Rated Higher And 2 More Picks
Oct 08
IREN's Trump Card: How Federal Policy Could Unlock Massive Value in AI Infrastructure
The Game-Changing Executive Order: A $11.4B Company's Perfect Storm Sometimes the stars align in ways that even the most astute investors couldn't predict. For IREN Limited (NASDAQ: IREN), currently valued at $11.4 billion with shares trading around $42 , the Trump Administration's July 23rd Executive Order on data centre permitting represents exactly that kind of celestial convergence.We Believe IREN's (NASDAQ:IREN) Earnings Are A Poor Guide For Its Profitability
Sep 08Weekly Picks: 💸 A fintech heavyweight with even more upside potential and 2 more picks
Sep 05
Why Investors Shouldn't Be Surprised By IREN Limited's (NASDAQ:IREN) 46% Share Price Surge
Aug 29
IREN will transform from bitcoin miner to leader in AI infrastructure
Record Revenue: $148.1 millionInvestors Appear Satisfied With IREN Limited's (NASDAQ:IREN) Prospects As Shares Rocket 27%
Jun 25
Childress And Sweetwater Projects Will Lead A Digital Transformation
Enhanced vertical integration and strategic energy management position IREN to improve margins and maintain resilience amid industry-wide energy cost pressures.Earnings Miss: IREN Limited Missed EPS By 26% And Analysts Are Revising Their Forecasts
May 16IREN Limited (NASDAQ:IREN) Stock Rockets 30% But Many Are Still Ignoring The Company
May 09IREN will achieve a 51% revenue surge in the next 5 years
Prix actuel de l'action : 7,15 $US.IREN Wasn't On My Radar, But It Should've Been
Mar 19Why We're Not Concerned Yet About IREN Limited's (NASDAQ:IREN) 29% Share Price Plunge
Mar 07IREN Remains Undervalued Following Its Hashrate Expansion
Jan 21IREN's Bold Moves in Sustainable Bitcoin Mining & AI Data Centers
IREN owns and operates 4 Bitcoin mining sites in North America, powered by 100% renewable energy, leveraging 'stranded energy' from hydro and solar power plants.IREN Limited's (NASDAQ:IREN) P/S Is Still On The Mark Following 30% Share Price Bounce
Dec 17Iris Energy Limited Accelerates Expansion Amid Bitcoin Bull Market
Nov 28Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth
Nov 13Iris Energy: AI Optics, Still A Bitcoin Business (Rating Downgrade)
Oct 11Iris Energy To Benefit From Its AI Cloud Services Expansion
Sep 22The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy: Deprived Of Any Investment Value Position
Jan 22Financial Position Analysis
Short Term Liabilities: IREN's short term assets ($1.1B) exceed its short term liabilities ($203.7M).
Long Term Liabilities: IREN's short term assets ($1.1B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: IREN has more cash than its total debt.
Reducing Debt: IREN's debt to equity ratio has increased from 22.4% to 33.5% over the past 5 years.
Debt Coverage: IREN's debt is well covered by operating cash flow (40.7%).
Interest Coverage: Insufficient data to determine if IREN's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/09 15:47 |
| End of Day Share Price | 2025/11/07 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
IREN Limited is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Charles Beale | Arete Research Services LLP |
| Nicholas Giles | B. Riley Securities, Inc. |
| Gregory Lewis | BTIG |