IREN Ltd (IREN) — Financial Flexibility Index

Latest as of December 2025: 0.08x

IREN Ltd (IREN) has a Financial Flexibility Index of 0.08x as of December 2025. Free cash flow of $352.26 Million (operating CF $71.65 Million minus capex $280.61 Million) represents 0% of total liabilities ($4.52 Billion). Check IREN Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$352.26 Million
Operating CF − Capex

Total Liabilities

$4.52 Billion
USD

Capital Expenditures

$280.61 Million
USD

IREN Ltd Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for IREN Ltd across 7 annual periods. For the full cash flow conversion analysis, see IREN Ltd cash flow conversion.

Annual Financial Flexibility Index for IREN Ltd (2019–2025)

Year-by-year free cash flow to debt coverage for IREN Ltd. Explore IREN Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 1.44x $1.62 Billion $245.89 Million $1.12 Billion ▼ -85.0%
2024 9.61x $532.13 Million $52.22 Million $55.35 Million ▲ +110.9%
2023 4.56x $121.79 Million $5.73 Million $26.71 Million ▲ +92.2%
2022 2.37x $315.80 Million $21.56 Million $133.10 Million ▲ +4747.5%
2021 0.05x $6.76 Million $1.31 Million $138.09 Million ▼ -97.2%
2020 1.75x $3.35 Million $-987.00K $1.91 Million ▼ -88.4%
2019 15.18x $1.66 Million $-434.92K $109.52K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities