Iris Historical Financial Ratios

IREN Stock  USD 14.27  1.34  10.36%   
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.
  
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 5th of December 2024, Tangible Book Value Per Share is likely to grow to 11.56, while Price To Sales Ratio is likely to drop 6.33.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

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.

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.
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 5th of December 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 Turnover0.810.77
Days Of Inventory On Hand20.1821.19

Iris Energy fundamentals Correlations

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0.87-0.41-0.740.57-0.770.5-0.591.00.870.820.11.00.53-1.0-0.620.87-0.8-0.880.37-0.85-0.830.870.89-0.1-0.87
-0.38-0.410.58-0.080.6-0.53-0.06-0.41-0.38-0.450.23-0.430.090.390.02-0.380.670.28-0.790.120.38-0.36-0.590.050.28
-0.68-0.740.58-0.70.98-0.730.02-0.74-0.68-0.940.1-0.79-0.540.770.0-0.680.960.48-0.680.290.69-0.66-0.82-0.40.48
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-0.7-0.770.60.98-0.7-0.750.16-0.77-0.7-0.960.27-0.8-0.530.780.08-0.70.980.54-0.680.360.69-0.67-0.84-0.270.53
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-0.46-0.59-0.060.02-0.280.160.08-0.59-0.46-0.310.23-0.53-0.360.550.84-0.460.150.720.240.870.41-0.47-0.340.590.73
0.871.0-0.41-0.740.57-0.770.5-0.590.870.820.11.00.53-1.0-0.620.87-0.8-0.880.37-0.85-0.830.870.89-0.1-0.87
1.00.87-0.38-0.680.52-0.70.45-0.460.870.730.160.870.48-0.87-0.661.0-0.72-0.560.35-0.71-0.471.00.940.01-0.55
0.730.82-0.45-0.940.85-0.960.56-0.310.820.73-0.220.850.74-0.84-0.180.73-0.9-0.610.45-0.47-0.740.70.80.32-0.61
0.160.10.230.1-0.130.27-0.270.230.10.16-0.220.110.0-0.12-0.140.160.210.0-0.27-0.12-0.030.170.010.220.0
0.871.0-0.43-0.790.6-0.80.52-0.531.00.870.850.110.55-1.0-0.570.87-0.83-0.860.4-0.81-0.840.860.9-0.04-0.86
0.480.530.09-0.540.97-0.53-0.1-0.360.530.480.740.00.55-0.57-0.120.48-0.37-0.39-0.25-0.36-0.480.450.350.53-0.39
-0.87-1.00.390.77-0.610.78-0.490.55-1.0-0.87-0.84-0.12-1.0-0.570.58-0.860.80.86-0.360.830.84-0.86-0.880.040.86
-0.66-0.620.020.0-0.030.08-0.020.84-0.62-0.66-0.18-0.14-0.57-0.120.58-0.660.150.620.110.90.27-0.68-0.510.640.62
1.00.87-0.38-0.680.51-0.70.45-0.460.871.00.730.160.870.48-0.86-0.66-0.72-0.550.35-0.7-0.461.00.940.01-0.55
-0.72-0.80.670.96-0.540.98-0.840.15-0.8-0.72-0.90.21-0.83-0.370.80.15-0.720.58-0.790.410.71-0.7-0.89-0.140.57
-0.56-0.880.280.48-0.390.54-0.340.72-0.88-0.56-0.610.0-0.86-0.390.860.62-0.550.58-0.210.890.91-0.56-0.610.371.0
0.350.37-0.79-0.68-0.02-0.680.910.240.370.350.45-0.270.4-0.25-0.360.110.35-0.79-0.21-0.01-0.360.340.63-0.04-0.2
-0.71-0.850.120.29-0.30.36-0.170.87-0.85-0.71-0.47-0.12-0.81-0.360.830.9-0.70.410.89-0.010.65-0.72-0.630.490.89
-0.47-0.830.380.69-0.520.69-0.450.41-0.83-0.47-0.74-0.03-0.84-0.480.840.27-0.460.710.91-0.360.65-0.45-0.590.040.91
1.00.87-0.36-0.660.48-0.670.44-0.470.871.00.70.170.860.45-0.86-0.681.0-0.7-0.560.34-0.72-0.450.94-0.02-0.55
0.940.89-0.59-0.820.46-0.840.69-0.340.890.940.80.010.90.35-0.88-0.510.94-0.89-0.610.63-0.63-0.590.94-0.02-0.6
0.01-0.10.05-0.40.57-0.27-0.060.59-0.10.010.320.22-0.040.530.040.640.01-0.140.37-0.040.490.04-0.02-0.020.38
-0.55-0.870.280.48-0.390.53-0.330.73-0.87-0.55-0.610.0-0.86-0.390.860.62-0.550.571.0-0.20.890.91-0.55-0.60.38
Click cells to compare fundamentals

Iris Energy Account Relationship Matchups

Iris Energy fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio896.55220.092.323.386.666.33
Ptb Ratio221.04(34.86)0.310.841.151.09
Book Value Per Share0.16(0.93)10.685.5711.0111.56
Free Cash Flow Yield(0.002731)(0.0461)(1.99)(0.43)(0.34)(0.36)
Pb Ratio221.04(34.86)0.310.841.151.09
Ev To Sales896.56225.832.292.494.534.3
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 Turnover1.744.880.561.550.810.77
Sales General And Administrative To Revenue0.770.510.120.360.210.2
Capex To Revenue1.9910.364.981.542.542.42
Cash Per Share0.03550.742.691.264.134.33
Pocfratio(2.0K)1.0K6.3642.2323.8525.05
Capex To Operating Cash Flow(4.39)49.4113.6519.29.110.95
Pfcf Ratio(366.22)(21.68)(0.5)(2.32)(2.94)(3.09)
Days Payables Outstanding209.8974.77648.36235.43449.55427.07
Income Quality0.46(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)1.1K6.2831.0716.2117.02
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)0.0046780.55(15.86)(15.07)
Current Ratio0.930.241.883.728.879.31
Tangible Book Value Per Share0.15(0.95)10.675.5711.0111.56
Graham Number0.374.949.6419.848.4911.12
Shareholders Equity Per Share0.16(0.93)10.685.5711.0111.56
Capex Per Share0.07881.537.192.124.825.06
Graham Net Net(0.0145)(2.74)(0.56)0.863.793.98
Revenue Per Share0.03950.151.441.381.891.99
Interest Debt Per Share0.03751.843.40.280.0025390.002412

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

  0.77V Visa Class APairCorr
  0.81CG Carlyle GroupPairCorr
  0.87MA MastercardPairCorr
  0.85MS Morgan Stanley Fiscal Year End 21st of January 2025 PairCorr
  0.87APO Apollo Global ManagementPairCorr

Moving against Iris Stock

  0.44SWIN Solowin Holdings OrdinaryPairCorr
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 CorrelationCorrelation 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:
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.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
(0.53)
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.