Iris Metals Ltd Total Assets
Iris Metals Ltd total assets. Based on the latest financial reports, Iris Metals Ltd (IR1) holds total assets worth AU$40.66 Million AUD (≈ $28.77 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see market value of Iris Metals Ltd for the company's overall valuation and market capitalisation.
Total Assets of Iris Metals Ltd (2021–2025)
Total assets of Iris Metals Ltd from 2021 to 2025. This chart illustrates how Iris Metals Ltd's total assets have evolved over time, based on quarterly financial data. See IR1 share price today for real-time trading data and today's change.
Iris Metals Ltd - Asset Composition Analysis
Iris Metals Ltd Total Assets Breakdown (March 2025)
Iris Metals Ltd total assets breakdown as of March 2025. Iris Metals Ltd's total assets of AU$40.66 Million consist of 12.4% current assets and 87.6% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$4.17 Million | 9.4% |
| Accounts Receivable | AU$111.11K | 0.3% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$38.70 Million | 87.1% |
| Intangible Assets | AU$15.49K | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2021–2025)
This chart illustrates how Iris Metals Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Iris Metals Ltd current assets vs equity to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Iris Metals Ltd's current assets represent 12.4% of total assets in 2025, a decrease from 100.0% in 2021.
- Cash Position: Cash and equivalents constituted 9.4% of total assets in 2025, down from 98.9% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is property, plant & equipment at 87.1% of total assets.
Iris Metals Ltd Competitors by Total Assets
Key competitors of Iris Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Westgold Resources Ltd
AU:WGX
|
Australia | AU$3.82 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €15.23 Billion |
|
Barrick Mining Corporation
NYSE:B
|
USA | $52.62 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
China | CN¥24.68 Billion |
|
Alamos Gold Inc
TO:AGI
|
Canada | CA$5.98 Billion |
|
New Gold Inc
TO:NGD
|
Canada | CA$3.17 Billion |
|
Perseus Mining Ltd
TO:PRU
|
Canada | CA$2.92 Billion |
|
Ramelius Resources Ltd
AU:RMS
|
Australia | AU$2.39 Billion |
Iris Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.08 | 2.82 | 1.64 |
| Quick Ratio | 6.08 | 2.82 | 1.64 |
| Cash Ratio | 3.64 | 2.66 | 0.00 |
| Working Capital | AU$2.41 Million | AU$1.52 Million | AU$196.54K |
Iris Metals Ltd - Advanced Valuation Insights
This section examines the relationship between Iris Metals Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.01 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 7.3% |
| Total Assets | AU$44.45 Million |
| Market Capitalization | $15.91 Million USD |
Valuation Analysis
Below Book Valuation: The market values Iris Metals Ltd's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Iris Metals Ltd's assets grew by 7.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Iris Metals Ltd (2021–2025)
The table below shows the annual total assets of Iris Metals Ltd from 2021 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | AU$44.45 Million ≈ $31.45 Million |
+7.29% |
| 2024-03-31 | AU$41.43 Million ≈ $29.31 Million |
+225.10% |
| 2023-03-31 | AU$12.74 Million ≈ $9.02 Million |
+189.24% |
| 2022-03-31 | AU$4.41 Million ≈ $3.12 Million |
+777.47% |
| 2021-03-31 | AU$502.10K ≈ $355.27K |
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About Iris Metals Ltd
IRIS Metals Limited engages in exploration, evaluation, and acquisition of mining tenements in South Dakota, the United States. It explores for lithium, diamond, pegmatite, LCT pegmatites, spodumene, and lithium spodumene deposits. IRIS Metals Limited was incorporated in 2020 and is based in South Yarra, Australia.