Iris Financial Balance Sheet Health
Financial Health criteria checks 6/6
Iris Financial has a total shareholder equity of $4.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $241.4M and $237.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.93m |
Equity | US$4.10m |
Total liabilities | US$237.26m |
Total assets | US$241.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRIS's short term assets ($241.4M) exceed its short term liabilities ($597.2K).
Long Term Liabilities: IRIS's short term assets ($241.4M) exceed its long term liabilities ($236.7M).
Debt to Equity History and Analysis
Debt Level: IRIS is debt free.
Reducing Debt: IRIS has not had any debt for past 5 years.
Debt Coverage: IRIS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IRIS has no debt, therefore coverage of interest payments is not a concern.