IREN
Price:
$36.37
Market Cap:
$10.31B
IREN Limited operates in the vertically integrated data center business in Australia and Canada. The company owns and operates computing hardware, as well as electrical infrastructure and data centers. It also mines Bitcoin, a scarce digital asset that is created and transmitted through the operation of a peer-to-peer network of computers running the Bitcoin software. The company was formerly known as Iris Energy Limited and changed its name to IREN Limited in November 2024. The company was incorporated in 2018 and is based in Sydney, Australia.
Industry
Financial - Capital Markets
IPO Date
2021-11-17
Stock Exchange
NASDAQ
Ticker
IREN
According to IREN Limited’s latest financial reports and current stock price. The company's current Current Ratio is 5.52. This represents a change of 96.81% compared to the average of 2.80 of the last 4 quarters.
The mean historical Current Ratio of IREN Limited over the last ten years is 3.12. The current 5.52 Current Ratio has changed 17.59% with respect to the historical average. Over the past ten years (40 quarters), IREN's Current Ratio was at its highest in in the December 2021 quarter at 9.14. The Current Ratio was at its lowest in in the September 2019 quarter at 0.
Average
3.12
Median
1.90
Minimum
0.24
Maximum
8.87
Discovering the peaks and valleys of IREN Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 693.92%
Maximum Annual Current Ratio = 8.87
Minimum Annual Increase = -74.58%
Minimum Annual Current Ratio = 0.24
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 4.29 | -51.60% |
| 2024 | 8.87 | 138.61% |
| 2023 | 3.72 | 97.44% |
| 2022 | 1.88 | 693.92% |
| 2021 | 0.24 | -74.58% |
| 2020 | 0.93 | -50.84% |
The current Current Ratio of IREN Limited (IREN) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
5.63
5-year avg
3.80
10-year avg
3.12
IREN Limited’s Current Ratio is greater than Nomura Holdings, Inc. (0), less than Tradeweb Markets Inc. (12.68), greater than Banco de Chile (0.31), greater than The Carlyle Group Inc. (0.47), greater than Principal Financial Group, Inc. (0.28), greater than KeyCorp (0.11), greater than Galaxy Digital (1.35), greater than Houlihan Lokey, Inc. (1.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $24.71B | |
| 12.68 | $22.59B | |
| 0.31 | $19.40B | |
| 0.47 | $21.06B | |
| 0.28 | $20.33B | |
| 0.11 | $22.54B | |
| 1.35 | $8.44B | |
| 1.46 | $12.49B |
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