IRIS Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
IRIS Berhad has a total shareholder equity of MYR392.1M and total debt of MYR1.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are MYR623.5M and MYR231.4M respectively. IRIS Berhad's EBIT is MYR32.6M making its interest coverage ratio -4.8. It has cash and short-term investments of MYR164.9M.
Key information
0.3%
Debt to equity ratio
RM 1.04m
Debt
| Interest coverage ratio | -4.8x |
| Cash | RM 164.87m |
| Equity | RM 392.09m |
| Total liabilities | RM 231.39m |
| Total assets | RM 623.48m |
Recent financial health updates
IRIS Corporation Berhad (KLSE:IRIS) Seems To Use Debt Quite Sensibly
Jul 15
Is IRIS Corporation Berhad (KLSE:IRIS) Using Debt In A Risky Way?
Jul 14IRIS Corporation Berhad (KLSE:IRIS) Has A Pretty Healthy Balance Sheet
Mar 22Does IRIS Corporation Berhad (KLSE:IRIS) Have A Healthy Balance Sheet?
Dec 06Recent updates
IRIS Corporation Berhad's (KLSE:IRIS) Price Is Right But Growth Is Lacking After Shares Rocket 31%
Mar 28IRIS Corporation Berhad's (KLSE:IRIS) Earnings Seem To Be Promising
Sep 06Lacklustre Performance Is Driving IRIS Corporation Berhad's (KLSE:IRIS) 27% Price Drop
Aug 18If EPS Growth Is Important To You, IRIS Corporation Berhad (KLSE:IRIS) Presents An Opportunity
Jul 04IRIS Corporation Berhad (KLSE:IRIS) Stock Catapults 33% Though Its Price And Business Still Lag The Market
Jun 06Investor Optimism Abounds IRIS Corporation Berhad (KLSE:IRIS) But Growth Is Lacking
Apr 19Returns At IRIS Corporation Berhad (KLSE:IRIS) Are On The Way Up
Jan 18Shareholders Will Probably Hold Off On Increasing IRIS Corporation Berhad's (KLSE:IRIS) CEO Compensation For The Time Being
Sep 20Investors Will Want IRIS Corporation Berhad's (KLSE:IRIS) Growth In ROCE To Persist
Aug 11IRIS Corporation Berhad (KLSE:IRIS) Seems To Use Debt Quite Sensibly
Jul 15Is IRIS Corporation Berhad (KLSE:IRIS) Using Debt In A Risky Way?
Jul 14Returns On Capital Are Showing Encouraging Signs At IRIS Corporation Berhad (KLSE:IRIS)
Apr 17IRIS Corporation Berhad (KLSE:IRIS) Has A Pretty Healthy Balance Sheet
Mar 22Could The IRIS Corporation Berhad (KLSE:IRIS) Ownership Structure Tell Us Something Useful?
Feb 24Did You Miss IRIS Corporation Berhad's (KLSE:IRIS) Impressive 193% Share Price Gain?
Jan 28
What We Make Of IRIS Corporation Berhad's (KLSE:IRIS) Returns On Capital
Jan 02Does IRIS Corporation Berhad (KLSE:IRIS) Have A Healthy Balance Sheet?
Dec 06Financial Position Analysis
Short Term Liabilities: IRIS's short term assets (MYR441.1M) exceed its short term liabilities (MYR221.2M).
Long Term Liabilities: IRIS's short term assets (MYR441.1M) exceed its long term liabilities (MYR10.2M).
Debt to Equity History and Analysis
Debt Level: IRIS has more cash than its total debt.
Reducing Debt: IRIS's debt to equity ratio has reduced from 14.6% to 0.3% over the past 5 years.
Debt Coverage: IRIS's debt is well covered by operating cash flow (2852.5%).
Interest Coverage: IRIS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/22 18:56 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
IRIS Corporation Berhad is covered by 2 analysts. 0 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 |
|---|---|
| Thibaud Rutsaert | GSN North America |
| Ee Yap | TA Securities Holdings Berhad |