Iren Debt-to-Equity Ratio Growth & History (IREN)

Iren's debt-to-equity ratio was 1.87 for fiscal 2026.

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Iren annual debt-to-equity ratio history

Iren annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20262026-06-301.871.34+253.04%
20252025-06-300.530.53+19462.42%
20242024-06-300.00−0.01−71.40%
20232023-06-300.01−0.24−96.17%
20222022-06-300.25
20202020-06-300.22

Iren debt-to-equity ratio trends

Between the periods ended 2020-06-30 and 2026-06-30, Iren's debt-to-equity ratio increased from 0.22 to 1.87, a change of 1.65. The latest reported quarter, Q4 2026, shows 1.87.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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