Iris Energy Balance Sheet Health
Financial Health criteria checks 4/6
Iris Energy has a total shareholder equity of $1.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.2B and $55.7M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$411.13m |
| Equity | US$1.10b |
| Total liabilities | US$55.68m |
| Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F8P's short term assets ($452.4M) exceed its short term liabilities ($51.0M).
Long Term Liabilities: F8P's short term assets ($452.4M) exceed its long term liabilities ($4.7M).
Debt to Equity History and Analysis
Debt Level: F8P is debt free.
Reducing Debt: F8P has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: F8P has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if F8P has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.