Iris Energy (IREN) - Net Assets

Net assets on the balance sheet as of March 2024 : $0.67 B

According to Iris Energy's latest financial reports the company has $0.67 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.30 B	-30.18%
2022-06-30	$$0.43 B	-1277.04%
2021-06-30	$-$37.16 M	-713.2%
2020-06-30	$$6.05 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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Iris Energy (IREN) - Net assets