IREN (Iris Energy) (IREN)

Net assets on the balance sheet as of June 2024 : A$1.66 Billion

According to IREN (Iris Energy)'s latest financial reports the company has A$1.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IREN (Iris Energy) - Net assets on balance sheet (from 2021 to 2022)

Net assets by year

Year	Net assets	Change
2021-06-30	$-A$49.46 Million	-660.83%
2020-06-30	$A$8.81 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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IREN (Iris Energy) (IREN) - Net assets