Iris Historical Financial Ratios

IREN Stock

USD 10.78 1.06 10.91%

Iris Energy is lately reporting on over 90 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 1.09 or Days Sales Outstanding of 35.37 will help investors to properly organize and evaluate Iris Energy financial condition quickly.

Quick Ratio Current Ratio

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.

About Iris Financial Ratios Analysis

Iris EnergyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Iris Energy investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Iris financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Iris Energy history.

Iris Energy Financial Ratios Chart

At this time, Iris Energy's Current Ratio is very stable compared to the past year. As of the 24th of November 2024, Tangible Book Value Per Share is likely to grow to 11.56, while Price To Sales Ratio is likely to drop 6.33.

Price To Sales Ratio Days Sales Outstanding Average Payables Ev To Sales Research And Ddevelopement To Revenue Pe Ratio

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Iris Energy stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Iris Energy sales, a figure that is much harder to manipulate than other Iris Energy multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Research And Ddevelopement To Revenue

The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.

Most ratios from Iris Energy's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Iris Energy current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iris Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.At this time, Iris Energy's Current Ratio is very stable compared to the past year. As of the 24th of November 2024, Tangible Book Value Per Share is likely to grow to 11.56, while Price To Sales Ratio is likely to drop 6.33.

	2023	2024 (projected)
Payables Turnover	0.81	0.77
Days Of Inventory On Hand	20.18	21.19

Payables Turnover Days Of Inventory On Hand

Iris Energy fundamentals Correlations

	Price To Sales Ratio	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe	Ev To Operating Cash Flow
Price To Sales Ratio		0.87	-0.38	-0.68	0.52	-0.7	0.45	-0.46	0.87	1.0	0.73	0.16	0.87	0.48	-0.87	-0.66	1.0	-0.72	-0.56	0.35	-0.71	-0.47	1.0	0.94	0.01	-0.55
Ptb Ratio	0.87		-0.41	-0.74	0.57	-0.77	0.5	-0.59	1.0	0.87	0.82	0.1	1.0	0.53	-1.0	-0.62	0.87	-0.8	-0.88	0.37	-0.85	-0.83	0.87	0.89	-0.1	-0.87
Days Sales Outstanding	-0.38	-0.41		0.58	-0.08	0.6	-0.53	-0.06	-0.41	-0.38	-0.45	0.23	-0.43	0.09	0.39	0.02	-0.38	0.67	0.28	-0.79	0.12	0.38	-0.36	-0.59	0.05	0.28
Book Value Per Share	-0.68	-0.74	0.58		-0.7	0.98	-0.73	0.02	-0.74	-0.68	-0.94	0.1	-0.79	-0.54	0.77	0.0	-0.68	0.96	0.48	-0.68	0.29	0.69	-0.66	-0.82	-0.4	0.48
Free Cash Flow Yield	0.52	0.57	-0.08	-0.7		-0.7	0.1	-0.28	0.57	0.52	0.85	-0.13	0.6	0.97	-0.61	-0.03	0.51	-0.54	-0.39	-0.02	-0.3	-0.52	0.48	0.46	0.57	-0.39
Operating Cash Flow Per Share	-0.7	-0.77	0.6	0.98	-0.7		-0.75	0.16	-0.77	-0.7	-0.96	0.27	-0.8	-0.53	0.78	0.08	-0.7	0.98	0.54	-0.68	0.36	0.69	-0.67	-0.84	-0.27	0.53
Average Payables	0.45	0.5	-0.53	-0.73	0.1	-0.75		0.08	0.5	0.45	0.56	-0.27	0.52	-0.1	-0.49	-0.02	0.45	-0.84	-0.34	0.91	-0.17	-0.45	0.44	0.69	-0.06	-0.33
Capex To Depreciation	-0.46	-0.59	-0.06	0.02	-0.28	0.16	0.08		-0.59	-0.46	-0.31	0.23	-0.53	-0.36	0.55	0.84	-0.46	0.15	0.72	0.24	0.87	0.41	-0.47	-0.34	0.59	0.73
Pb Ratio	0.87	1.0	-0.41	-0.74	0.57	-0.77	0.5	-0.59		0.87	0.82	0.1	1.0	0.53	-1.0	-0.62	0.87	-0.8	-0.88	0.37	-0.85	-0.83	0.87	0.89	-0.1	-0.87
Ev To Sales	1.0	0.87	-0.38	-0.68	0.52	-0.7	0.45	-0.46	0.87		0.73	0.16	0.87	0.48	-0.87	-0.66	1.0	-0.72	-0.56	0.35	-0.71	-0.47	1.0	0.94	0.01	-0.55
Free Cash Flow Per Share	0.73	0.82	-0.45	-0.94	0.85	-0.96	0.56	-0.31	0.82	0.73		-0.22	0.85	0.74	-0.84	-0.18	0.73	-0.9	-0.61	0.45	-0.47	-0.74	0.7	0.8	0.32	-0.61
Roic	0.16	0.1	0.23	0.1	-0.13	0.27	-0.27	0.23	0.1	0.16	-0.22		0.11	0.0	-0.12	-0.14	0.16	0.21	0.0	-0.27	-0.12	-0.03	0.17	0.01	0.22	0.0
Inventory Turnover	0.87	1.0	-0.43	-0.79	0.6	-0.8	0.52	-0.53	1.0	0.87	0.85	0.11		0.55	-1.0	-0.57	0.87	-0.83	-0.86	0.4	-0.81	-0.84	0.86	0.9	-0.04	-0.86
Net Income Per Share	0.48	0.53	0.09	-0.54	0.97	-0.53	-0.1	-0.36	0.53	0.48	0.74	0.0	0.55		-0.57	-0.12	0.48	-0.37	-0.39	-0.25	-0.36	-0.48	0.45	0.35	0.53	-0.39
Days Of Inventory On Hand	-0.87	-1.0	0.39	0.77	-0.61	0.78	-0.49	0.55	-1.0	-0.87	-0.84	-0.12	-1.0	-0.57		0.58	-0.86	0.8	0.86	-0.36	0.83	0.84	-0.86	-0.88	0.04	0.86
Payables Turnover	-0.66	-0.62	0.02	0.0	-0.03	0.08	-0.02	0.84	-0.62	-0.66	-0.18	-0.14	-0.57	-0.12	0.58		-0.66	0.15	0.62	0.11	0.9	0.27	-0.68	-0.51	0.64	0.62
Capex To Revenue	1.0	0.87	-0.38	-0.68	0.51	-0.7	0.45	-0.46	0.87	1.0	0.73	0.16	0.87	0.48	-0.86	-0.66		-0.72	-0.55	0.35	-0.7	-0.46	1.0	0.94	0.01	-0.55
Cash Per Share	-0.72	-0.8	0.67	0.96	-0.54	0.98	-0.84	0.15	-0.8	-0.72	-0.9	0.21	-0.83	-0.37	0.8	0.15	-0.72		0.58	-0.79	0.41	0.71	-0.7	-0.89	-0.14	0.57
Pocfratio	-0.56	-0.88	0.28	0.48	-0.39	0.54	-0.34	0.72	-0.88	-0.56	-0.61	0.0	-0.86	-0.39	0.86	0.62	-0.55	0.58		-0.21	0.89	0.91	-0.56	-0.61	0.37	1.0
Interest Coverage	0.35	0.37	-0.79	-0.68	-0.02	-0.68	0.91	0.24	0.37	0.35	0.45	-0.27	0.4	-0.25	-0.36	0.11	0.35	-0.79	-0.21		-0.01	-0.36	0.34	0.63	-0.04	-0.2
Capex To Operating Cash Flow	-0.71	-0.85	0.12	0.29	-0.3	0.36	-0.17	0.87	-0.85	-0.71	-0.47	-0.12	-0.81	-0.36	0.83	0.9	-0.7	0.41	0.89	-0.01		0.65	-0.72	-0.63	0.49	0.89
Pfcf Ratio	-0.47	-0.83	0.38	0.69	-0.52	0.69	-0.45	0.41	-0.83	-0.47	-0.74	-0.03	-0.84	-0.48	0.84	0.27	-0.46	0.71	0.91	-0.36	0.65		-0.45	-0.59	0.04	0.91
Days Payables Outstanding	1.0	0.87	-0.36	-0.66	0.48	-0.67	0.44	-0.47	0.87	1.0	0.7	0.17	0.86	0.45	-0.86	-0.68	1.0	-0.7	-0.56	0.34	-0.72	-0.45		0.94	-0.02	-0.55
Income Quality	0.94	0.89	-0.59	-0.82	0.46	-0.84	0.69	-0.34	0.89	0.94	0.8	0.01	0.9	0.35	-0.88	-0.51	0.94	-0.89	-0.61	0.63	-0.63	-0.59	0.94		-0.02	-0.6
Roe	0.01	-0.1	0.05	-0.4	0.57	-0.27	-0.06	0.59	-0.1	0.01	0.32	0.22	-0.04	0.53	0.04	0.64	0.01	-0.14	0.37	-0.04	0.49	0.04	-0.02	-0.02		0.38
Ev To Operating Cash Flow	-0.55	-0.87	0.28	0.48	-0.39	0.53	-0.33	0.73	-0.87	-0.55	-0.61	0.0	-0.86	-0.39	0.86	0.62	-0.55	0.57	1.0	-0.2	0.89	0.91	-0.55	-0.6	0.38

Click cells to compare fundamentals

Iris Energy Account Relationship Matchups

Iris Energy fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	896.55	220.09	2.32	3.38	6.66	6.33
Ptb Ratio	221.04	(34.86)	0.31	0.84	1.15	1.09
Book Value Per Share	0.16	(0.93)	10.68	5.57	11.01	11.56
Free Cash Flow Yield	(0.002731)	(0.0461)	(1.99)	(0.43)	(0.34)	(0.36)
Pb Ratio	221.04	(34.86)	0.31	0.84	1.15	1.09
Ev To Sales	896.56	225.83	2.29	2.49	4.53	4.3
Free Cash Flow Per Share	(0.0967)	(1.5)	(6.66)	(2.01)	(4.29)	(4.5)
Roic	(0.16)	(0.0709)	8.54E-4	(0.51)	(0.0272)	(0.0286)
Net Income Per Share	(0.0387)	(1.14)	(10.25)	(3.14)	(0.29)	(0.31)
Payables Turnover	1.74	4.88	0.56	1.55	0.81	0.77
Sales General And Administrative To Revenue	0.77	0.51	0.12	0.36	0.21	0.2
Capex To Revenue	1.99	10.36	4.98	1.54	2.54	2.42
Cash Per Share	0.0355	0.74	2.69	1.26	4.13	4.33
Pocfratio	(2.0K)	1.0K	6.36	42.23	23.85	25.05
Capex To Operating Cash Flow	(4.39)	49.41	13.65	19.2	9.1	10.95
Pfcf Ratio	(366.22)	(21.68)	(0.5)	(2.32)	(2.94)	(3.09)
Days Payables Outstanding	209.89	74.77	648.36	235.43	449.55	427.07
Income Quality	0.46	(0.0365)	(0.0514)	(0.0352)	(1.82)	(1.73)
Roe	(0.24)	1.22	(0.96)	(0.56)	(0.0264)	(0.0277)
Ev To Operating Cash Flow	(2.0K)	1.1K	6.28	31.07	16.21	17.02
Pe Ratio	(915.07)	(28.51)	(0.33)	(1.49)	(43.43)	(45.6)
Return On Tangible Assets	(0.19)	(0.45)	(0.74)	(0.52)	(0.0251)	(0.0264)
Ev To Free Cash Flow	(366.22)	(22.24)	(0.5)	(1.71)	(2.0)	(2.1)
Earnings Yield	(0.001093)	(0.0351)	(3.06)	(0.67)	(0.023)	(0.0242)
Net Debt To E B I T D A	(0.003991)	(1.04)	0.004678	0.55	(15.86)	(15.07)
Current Ratio	0.93	0.24	1.88	3.72	8.87	9.31
Tangible Book Value Per Share	0.15	(0.95)	10.67	5.57	11.01	11.56
Graham Number	0.37	4.9	49.64	19.84	8.49	11.12
Shareholders Equity Per Share	0.16	(0.93)	10.68	5.57	11.01	11.56
Capex Per Share	0.0788	1.53	7.19	2.12	4.82	5.06
Graham Net Net	(0.0145)	(2.74)	(0.56)	0.86	3.79	3.98
Revenue Per Share	0.0395	0.15	1.44	1.38	1.89	1.99
Interest Debt Per Share	0.0375	1.84	3.4	0.28	0.002539	0.002412

Pair Trading with Iris Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Iris Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Iris Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Iris Stock

0.71	V	Visa Class A	Pair Corr
0.69	DHIL	Diamond Hill Investment	Pair Corr
0.73	DIST	Distoken Acquisition	Pair Corr
0.78	AB	AllianceBernstein	Pair Corr
0.71	AC	Associated Capital	Pair Corr

Moving against Iris Stock

0.52

Pintec Technology

Pair Corr

The ability to find closely correlated positions to Iris Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Iris Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Iris Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Iris Energy to buy it.

The correlation of Iris Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Iris Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Iris Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Iris Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Iris Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iris Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iris Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iris Energy Stock:

How To Invest In Iris

Details

Is Iris Stock a good investment?

Details

What is Iris Energy's Net Worth?

Details

Largest Asset Management & Custody Banks Companies

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Largest Financial Services Companies

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To learn how to invest in Iris Stock, please use our How to Invest in Iris Energy guide.

You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iris Energy. If investors know Iris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iris Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.29)

Revenue Per Share

1.894

Quarterly Revenue Growth

0.679

Return On Assets

(0.02)

Return On Equity

(0.04)

The market value of Iris Energy is measured differently than its book value, which is the value of Iris that is recorded on the company's balance sheet. Investors also form their own opinion of Iris Energy's value that differs from its market value or its book value, called intrinsic value, which is Iris Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iris Energy's market value can be influenced by many factors that don't directly affect Iris Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Iris Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Iris Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iris Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Iris Historical Financial Ratios

About Iris Financial Ratios Analysis

Iris Energy Financial Ratios Chart

Price To Sales Ratio

Average Payables

Ev To Sales

Research And Ddevelopement To Revenue

Iris Energy fundamentals Correlations

Iris Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Iris Energy fundamentals Accounts

Pair Trading with Iris Energy

Moving together with Iris Stock

Moving against Iris Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ev To Sales	+ 1.0	Price To Sales Ratio
Capex To Revenue	+ 1.0	Price To Sales Ratio
Days Payables Outstanding	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Inventory Turnover	+ 1.0	Ptb Ratio
Inventory Turnover	+ 1.0	Pb Ratio

Days Of Inventory On Hand	- 1.0	Inventory Turnover
Days Of Inventory On Hand	- 1.0	Pb Ratio
Days Of Inventory On Hand	- 1.0	Ptb Ratio
Free Cash Flow Per Share	- 0.96	Operating Cash Flow Per Share
Free Cash Flow Per Share	- 0.94	Book Value Per Share
Cash Per Share	- 0.9	Free Cash Flow Per Share