IREN (Iris Energy) (IREN)

Net assets on the balance sheet as of June 2024 : HK$8.53 Billion

According to IREN (Iris Energy)'s latest financial reports the company has HK$8.53 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 2022 to 2022)

Net assets by year

Year	Net assets	Change
2023-06-30	$HK$2.39 B	-30.25%
2022-06-30	$HK$3.43 B	-1289.58%
2021-06-30	$-HK$0.29 Billion	-714.24%
2020-06-30	$HK$46.96 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