Iris Energy Balance Sheet Health
Financial Health criteria checks 5/6
Iris Energy has a total shareholder equity of $381.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $417.2M and $35.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$91.59m |
| Equity | US$381.85m |
| Total liabilities | US$35.32m |
| Total assets | US$417.17m |
Recent financial health updates
We're Not Very Worried About Iris Energy's (NASDAQ:IREN) Cash Burn Rate
Jan 20
Is Iris Energy (NASDAQ:IREN) In A Good Position To Invest In Growth?
Oct 06Recent updates
The 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 ($109.2M) exceed its short term liabilities ($32.3M).
Long Term Liabilities: IREN's short term assets ($109.2M) exceed its long term liabilities ($3.0M).
Debt to Equity History and Analysis
Debt Level: IREN is debt free.
Reducing Debt: IREN had no debt 5 years ago.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IREN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 36.4% each year