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IREN (IREN)
NASDAQ:IREN
US Market

IREN (IREN) Ratios

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IREN Ratios

IREN's free cash flow for Q2 2026 was $0.11. For the 2026 fiscal year, IREN's free cash flow was decreased by $ and operating cash flow was $-1.77. See a summary of the company’s cash flow.
Ratios
TTM
Jun 25Jun 24Jun 23Jun 22
Liquidity Ratios
Current Ratio
4.96 4.29 8.87 3.72 1.88
Quick Ratio
4.96 4.29 8.87 3.72 1.88
Cash Ratio
4.78 3.78 7.93 2.87 1.29
Solvency Ratio
0.15 0.24 0.39 -5.29 -4.50
Operating Cash Flow Ratio
0.83 1.65 1.03 0.24 0.37
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 29.84 0.52
Net Current Asset Value
$ -1.13B$ -481.66M$ 396.70M$ 62.52M$ 18.67M
Leverage Ratios
Debt-to-Assets Ratio
0.55 0.33 <0.01 <0.01 0.19
Debt-to-Equity Ratio
1.53 0.53 <0.01 <0.01 0.25
Debt-to-Capital Ratio
0.60 0.35 <0.01 <0.01 0.20
Long-Term Debt-to-Capital Ratio
0.59 0.35 0.00 0.00 0.10
Financial Leverage Ratio
2.80 1.62 1.05 1.09 1.30
Debt Service Coverage Ratio
23.01 17.67 283.26 -0.74 0.02
Interest Coverage Ratio
-3.05 1.57 -277.90 -9.61 <0.01
Debt to Market Cap
0.27 0.31 0.00 <0.01 0.54
Interest Debt Per Share
17.87 4.54 0.02 0.33 9.35
Net Debt to EBITDA
0.78 1.98 -12.91 6.86 -0.14
Profitability Margins
Gross Profit Margin
50.99%68.27%53.49%47.80%87.38%
EBIT Margin
69.92%4.11%-10.26%-53.60%0.78%
EBITDA Margin
107.41%40.26%16.67%-13.02%13.79%
Operating Profit Margin
-12.84%3.46%-14.55%-208.24%0.52%
Pretax Profit Margin
68.23%18.66%-13.60%-224.39%-706.41%
Net Profit Margin
57.73%17.35%-15.45%-227.56%-711.03%
Continuous Operations Profit Margin
57.73%17.35%-15.45%-227.56%-711.03%
Net Income Per EBT
84.62%92.98%113.56%101.41%100.65%
EBT Per EBIT
-531.29%539.63%93.51%107.76%-135845.60%
Return on Assets (ROA)
5.73%2.96%-2.51%-51.74%-107.01%
Return on Equity (ROE)
18.65%4.78%-2.64%-56.27%-139.57%
Return on Capital Employed (ROCE)
-1.41%0.62%-2.47%-51.04%0.09%
Return on Invested Capital (ROIC)
-1.18%0.58%-2.47%-51.01%0.08%
Return on Tangible Assets
5.81%2.96%-2.51%-51.74%-107.13%
Earnings Yield
4.47%2.78%-2.30%-67.32%-306.06%
Efficiency Ratios
Receivables Turnover
14.70 20.05 6.37 11.54 3.63
Payables Turnover
1.47 1.94 3.18 3.41 0.82
Inventory Turnover
0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.22 0.26 0.42 0.31 0.35
Asset Turnover
0.10 0.17 0.16 0.23 0.15
Working Capital Turnover Ratio
0.38 1.12 0.80 1.29 -2.57
Cash Conversion Cycle
-223.70 -169.47 -57.38 -75.26 -345.28
Days of Sales Outstanding
24.82 18.20 57.26 31.63 100.56
Days of Inventory Outstanding
0.00 0.00 0.00 0.00 0.00
Days of Payables Outstanding
248.52 187.67 114.64 106.89 445.84
Operating Cycle
24.82 18.20 57.26 31.63 100.56
Cash Flow Ratios
Operating Cash Flow Per Share
2.61 1.15 0.53 0.10 0.53
Free Cash Flow Per Share
-1.20 -5.25 -4.29 -2.01 -6.66
CapEx Per Share
3.81 6.40 4.82 2.12 7.19
Free Cash Flow to Operating Cash Flow
-0.46 -4.58 -8.10 -19.20 -12.65
Dividend Paid and CapEx Coverage Ratio
0.69 0.18 0.11 0.05 0.07
Capital Expenditure Coverage Ratio
0.69 0.18 0.11 0.05 0.07
Operating Cash Flow Coverage Ratio
0.15 0.26 31.85 3.96 0.29
Operating Cash Flow to Sales Ratio
0.81 0.49 0.28 0.08 0.37
Free Cash Flow Yield
-1.88%-36.04%-33.97%-43.10%-198.82%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
22.43 35.96 -43.48 -1.49 -0.33
Price-to-Sales (P/S) Ratio
19.83 6.24 6.72 3.38 2.32
Price-to-Book (P/B) Ratio
3.59 1.72 1.15 0.84 0.46
Price-to-Free Cash Flow (P/FCF) Ratio
-53.25 -2.77 -2.94 -2.32 -0.50
Price-to-Operating Cash Flow Ratio
15.98 12.72 23.85 44.55 6.36
Price-to-Earnings Growth (PEG) Ratio
-0.76 -0.15 0.48 0.02 >-0.01
Price-to-Fair Value
3.59 1.72 1.15 0.84 0.46
Enterprise Value Multiple
19.24 17.48 27.38 -19.10 16.70
Enterprise Value
14.36B 3.53B 854.52M 187.81M 136.00M
EV to EBITDA
19.18 17.48 27.38 -19.10 16.70
EV to Sales
20.60 7.04 4.56 2.49 2.30
EV to Free Cash Flow
-55.31 -3.13 -2.00 -1.71 -0.50
EV to Operating Cash Flow
25.42 14.34 16.21 32.78 6.31
Tangible Book Value Per Share
11.10 8.47 11.01 5.57 7.34
Shareholders’ Equity Per Share
11.59 8.47 11.01 5.57 7.35
Tax and Other Ratios
Effective Tax Rate
0.15 0.07 -0.14 -0.01 >-0.01
Revenue Per Share
3.22 2.33 1.88 1.38 1.44
Net Income Per Share
1.86 0.41 -0.29 -3.14 -10.25
Tax Burden
0.85 0.93 1.14 1.01 1.01
Interest Burden
0.98 4.54 1.33 4.19 -902.70
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.44 0.25 0.35 0.63 0.15
Stock-Based Compensation to Revenue
0.00 0.09 0.13 0.00 0.24
Income Quality
3.19 2.83 -1.82 -0.03 -0.05
Currency in USD