IREN (Iris Energy) (IREN)

Net assets on the balance sheet as of June 2024 : S$1.45 Billion

According to IREN (Iris Energy)'s latest financial reports the company has S$1.45 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	$S$0.41 B	-32.01%
2022-06-30	$S$0.60 B	-1319%
2021-06-30	$-S$49.97 Million	-691.79%
2020-06-30	$S$8.44 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