Iris Metals (ASX:IR1) Cash per Share : A$0.02 (As of Sep. 2024)

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What is Iris Metals Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Iris Metals's Cash per Share for the quarter that ended in Sep. 2024 was A$0.02.

Iris Metals Cash per Share Historical Data

The historical data trend for Iris Metals's Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Iris Metals Cash per Share Chart

Iris Metals Annual Data

Trend

Mar22

Mar23

Cash per Share

0.05

0.01

Iris Metals Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash per Share	Get a 7-Day Free Trial			0.02	0.01	0.07	0.07	0.02

Iris Metals Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Iris Metals's Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	0.675	/	100.58
	=	0.01

Iris Metals's Cash per Share for the quarter that ended in Sep. 2024 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	2.228	/	144.61
	=	0.02

Iris Metals (ASX:IR1) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Iris Metals Cash per Share Related Terms

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Iris Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Iris Metals Ltd (ASX:IR1) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-11 Claremont Street, Suite 205, South Yarra, VIC, AUS, 3141

Website

https://www.irismetals.com

Iris Metals Ltd is a minerals exploration company formed for the purposes of applying for and acquiring interests in minerals exploration tenements and tenement applications in Western Australia. It has two projects: the Kookynie and the Leonora Gold project and the Nickel project.

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