IREN Ltd (IREN) — Net Asset Quality Index
IREN Ltd (IREN) has a Net Asset Quality Index of 35.7% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $7.03 Billion minus total liabilities of $4.52 Billion yields net assets of $2.51 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of IREN Ltd to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
IREN Ltd Net Asset Quality Index Over Time (2019–2025)
This chart shows how IREN Ltd's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the index stands at 35.7%, representing net assets of $2.51 Billion against total assets of $7.03 Billion USD. Explore IREN Ltd cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for IREN Ltd (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for IREN Ltd from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see IREN Ltd stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 61.8% | $1.82 Billion | $2.94 Billion | $1.12 Billion | ▼ -33.4 pp |
| 2024 | 95.2% | $1.10 Billion | $1.15 Billion | $55.35 Million | ▲ +3.2 pp |
| 2023 | 92.0% | $305.36 Million | $332.07 Million | $26.71 Million | ▲ +25.9 pp |
| 2022 | 66.1% | $259.18 Million | $392.28 Million | $133.10 Million | ▲ +102.9 pp |
| 2021 | -36.8% | $-37.13 Million | $100.95 Million | $138.09 Million | ▼ -120.3 pp |
| 2020 | 83.5% | $9.66 Million | $11.57 Million | $1.91 Million | ▼ -10.6 pp |
| 2019 | 94.1% | $1.75 Million | $1.86 Million | $109.52K | — |