In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
IRIS Metals Limited Balance Sheet Statement - Assets
As of 31 Mar 2026, The total current assets of IRIS Metals Limited (ASX:IR1) was around $4,729,226 which consisted of $4,590,574 of Cash, no Inventory and $131,641 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.
All amounts in AUD
The latest balance sheet of IRIS Metals Limited also showed $27,454,255 of Property Plant Equipment and no Good will. Also there were $8,188 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $32,769,860.
IRIS Metals Limited Balance Sheet Statement - Liabilities
IR1's latest annual results shows the balance sheet has $315,223 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $408,572 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.
As per the 31 Mar 2026's annual report of IRIS Metals Limited, the total liabilities were $408,572.
IR1 Balance Sheet Statement - Stock Holder Equity
Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.
The latest Balance sheet of IRIS Metals Limited showed the total stock holder equity was $32,361,288 which consisted of $67,533,847 of Common stocks, $-45,667,955 of Retained earnings and no Other stock holder equity.
IR1 Balance Sheet Statement History
Following table shows the history of balance sheet for IRIS Metals Limited (IR1).
| 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |
|---|---|---|---|---|---|
| Cash | 4,590,574 | 4,171,628 | 9,794,751 | 675,419 | - |
| Net Receivables | 131,641 | 111,115 | 37,027 | 23,475 | - |
| Inventory | - | - | - | - | - |
| Total Current Assets | 4,729,226 | 5,508,115 | 10,976,171 | 790,905 | - |
| Property Plant Equipment | 27,454,255 | 38,700,060 | 30,277,972 | 11,877,531 | - |
| Good Will | - | - | - | - | - |
| Intangible Assets | 8,188 | 15,492 | 20,916 | 29,713 | - |
| Other Assets | - | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - | - |
| Total Assets | 32,769,860 | 44,448,037 | 41,428,104 | 12,743,149 | - |
| Accounts Payable | 315,223 | 274,389 | 1,294,904 | 256,342 | - |
| Short/Long Term Debt | - | - | - | 145,060 | - |
| Other Current Liabilities | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - |
| Other Liabilities | - | - | - | - | - |
| Total Current Liabilities | 408,572 | 355,385 | 1,496,885 | 898,318 | - |
| Total Liabilities | 408,572 | 355,385 | 1,497,846 | 898,318 | - |
| Common Stock | 67,533,847 | 61,719,352 | 50,169,095 | 15,840,203 | - |
| Retained Earnings | -45,667,955 | -34,749,474 | -31,703,798 | -14,382,053 | - |
| Treasury Stock | - | - | - | - | - |
| Other Stockholder Equity | - | - | - | - | - |
| Total Stockholder Equity | 32,361,288 | 44,092,652 | 39,930,258 | 11,917,361 | - |
| Net Tangible Assets | 32,353,100 | 44,077,160 | 39,909,342 | 11,887,648 | - |
IRIS Metals Limited (ASX:IR1) Balance Sheet Statement FAQ
1. How much Cash IRIS Metals Limited has on their balance sheet?
As of 31 Mar 2026, IRIS Metals Limited (ASX:IR1) has $4,590,574 of Cash.
2. What's the long term debt of IRIS Metals Limited?
As per the latest Balance sheet of IRIS Metals Limited (ASX:IR1), it has no Long term debt.
3. How much share holder equity does IRIS Metals Limited has?
The IRIS Metals Limited (ASX:IR1)'s balance sheet shows that it has $32,361,288 of Total stock holder equity.