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
Companies Like Iris Energy (NASDAQ:IREN) Are In A Position To Invest In Growth
Nov 13
Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation
Jun 04We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Recent updates
Companies 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 11Why Investors Shouldn't Be Surprised By Iris Energy Limited's (NASDAQ:IREN) 29% Share Price Surge
Oct 05Iris Energy To Benefit From Its AI Cloud Services Expansion
Sep 22Iris Energy Limited (NASDAQ:IREN) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable
Jul 11Here's Why We're Not At All Concerned With Iris Energy's (NASDAQ:IREN) Cash Burn Situation
Jun 04Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues
Apr 29The Impact Of AI On Iris Energy's Bitcoin Mining Success
Apr 22Iris Energy Limited (NASDAQ:IREN) Shares Could Be 50% Below Their Intrinsic Value Estimate
Mar 22Iris Energy: Deprived Of Any Investment Value Position
Jan 22We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20Market Participants Recognise Iris Energy Limited's (NASDAQ:IREN) Revenues Pushing Shares 136% Higher
Dec 24Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Even With A 52% Surge, Cautious Investors Are Not Rewarding Iris Energy Limited's (NASDAQ:IREN) Performance Completely
Apr 17Returns At Iris Energy (NASDAQ:IREN) Are On The Way Up
Jan 04Iris Energy mines 8% more bitcoins in September, while hashrate climbs 24%
Oct 07Iris Energy Limited (NASDAQ:IREN) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Sep 16Iris Energy reports FY results
Sep 13Iris Energy reports 96% M/M surge in Bitcoins mined in August
Sep 07Iris Energy resumed with Buy rating at Citi as high-risk on bitcoin rout
Aug 23Iris Energy gains on doubling operating capacity to more than 2.3 EH/s
Aug 08Iris Energy stock perks up after boosting mining capacity in Bitmain deal
Aug 01Buy Iris Energy, Get Bitcoin Mining For Free
Jun 23Iris Energy Limited: A Way To Play Bitcoin's Eventual Turnaround
May 18Iris Energy: An ESG-Friendly Bitcoin Miner On A Clear Expansion Path
Feb 28Financial Position Analysis
Short Term Liabilities: IREN's short term assets ($452.4M) exceed its short term liabilities ($51.0M).
Long Term Liabilities: IREN's short term assets ($452.4M) exceed its long term liabilities ($4.7M).
Debt to Equity History and Analysis
Debt Level: IREN is debt free.
Reducing Debt: IREN 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: IREN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IREN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.