Iress Limited

ASX:IRE Stock Report

Market Cap: AU$1.7b

Iress Balance Sheet Health

Financial Health criteria checks 1/6

Iress has a total shareholder equity of A$297.2M and total debt of A$333.3M, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are A$788.5M and A$491.3M respectively. Iress's EBIT is A$46.5M making its interest coverage ratio 2.4. It has cash and short-term investments of A$41.9M.

Key information

112.1%

Debt to equity ratio

AU$333.28m

Debt

Interest coverage ratio2.4x
CashAU$41.89m
EquityAU$297.21m
Total liabilitiesAU$491.29m
Total assetsAU$788.50m

Recent financial health updates

Does Iress (ASX:IRE) Have A Healthy Balance Sheet?

May 10
Does Iress (ASX:IRE) Have A Healthy Balance Sheet?

Recent updates

Estimating The Intrinsic Value Of Iress Limited (ASX:IRE)

Sep 17
Estimating The Intrinsic Value Of Iress Limited (ASX:IRE)

What Does Iress Limited's (ASX:IRE) Share Price Indicate?

Jul 29
What Does Iress Limited's (ASX:IRE) Share Price Indicate?

Iress (ASX:IRE) Will Will Want To Turn Around Its Return Trends

Jun 14
Iress (ASX:IRE) Will Will Want To Turn Around Its Return Trends

Is There An Opportunity With Iress Limited's (ASX:IRE) 32% Undervaluation?

May 21
Is There An Opportunity With Iress Limited's (ASX:IRE) 32% Undervaluation?

Does Iress (ASX:IRE) Have A Healthy Balance Sheet?

May 10
Does Iress (ASX:IRE) Have A Healthy Balance Sheet?

Shareholders May Be More Conservative With Iress Limited's (ASX:IRE) CEO Compensation For Now

Apr 29
Shareholders May Be More Conservative With Iress Limited's (ASX:IRE) CEO Compensation For Now

Looking For Steady Income For Your Dividend Portfolio? Is Iress Limited (ASX:IRE) A Good Fit?

Mar 29
Looking For Steady Income For Your Dividend Portfolio? Is Iress Limited (ASX:IRE) A Good Fit?

How Much Did Iress'(ASX:IRE) Shareholders Earn From Share Price Movements Over The Last Five Years?

Mar 18
How Much Did Iress'(ASX:IRE) Shareholders Earn From Share Price Movements Over The Last Five Years?

Here's What To Make Of Iress' (ASX:IRE) Returns On Capital

Mar 07
Here's What To Make Of Iress' (ASX:IRE) Returns On Capital

Trade Alert: The Non-Executive Director Of Iress Limited (ASX:IRE), Roger Sharp, Has Just Spent AU$100k Buying A Few More Shares

Feb 24
Trade Alert: The Non-Executive Director Of Iress Limited (ASX:IRE), Roger Sharp, Has Just Spent AU$100k Buying A Few More Shares

Here's Why We're Wary Of Buying IRESS' (ASX:IRE) For Its Upcoming Dividend

Feb 21
Here's Why We're Wary Of Buying IRESS' (ASX:IRE) For Its Upcoming Dividend

IRESS Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 20
IRESS Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Is The Market Rewarding IRESS Limited (ASX:IRE) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Feb 11
Is The Market Rewarding IRESS Limited (ASX:IRE) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?

Financial Position Analysis

Short Term Liabilities: IRE's short term assets (A$234.4M) exceed its short term liabilities (A$118.6M).

Long Term Liabilities: IRE's short term assets (A$234.4M) do not cover its long term liabilities (A$372.7M).

Debt to Equity History and Analysis

Debt Level: IRE's net debt to equity ratio (98%) is considered high.

Reducing Debt: IRE's debt to equity ratio has increased from 54.5% to 112.1% over the past 5 years.

Debt Coverage: IRE's debt is not well covered by operating cash flow (19.1%).

Interest Coverage: IRE's interest payments on its debt are not well covered by EBIT (2.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 16:21
End of Day Share Price 2025/02/14 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Iress Limited is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anthony HooANZ Equities Pty Limited
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Scott HudsonCLSA