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.
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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
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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 Turnover | 0.81 | 0.77 | Days Of Inventory On Hand | 20.18 | 21.19 |
Iris Energy fundamentals Correlations
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Iris Energy Account Relationship Matchups
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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
0.77 | V | Visa Class A | PairCorr |
0.81 | CG | Carlyle Group | PairCorr |
0.87 | MA | Mastercard | PairCorr |
0.85 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
0.87 | APO | Apollo Global Management | PairCorr |
Moving against Iris Stock
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.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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.