Iris Metals (ASX:IR1) Interest Expense: A$-0.00 Mil (TTM As of Mar. 2026)


What is Iris Metals Interest Expense?

Iris Metals ASX:IR1 +21.05% Interest Expense is A$-0.00 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Iris Metals's interest expense for the six months ended in Mar. 2026 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was A$-0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Iris Metals's Operating Income for the six months ended in Mar. 2026 was A$ -18.43 Mil. Iris Metals's Interest Expense for the six months ended in Mar. 2026 was A$ 0.00 Mil. Iris Metals has no long-term debt (1). The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Iris Metals  (ASX:IR1) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Iris Metals's Interest Expense for the six months ended in Mar. 2026 was A$0.00 Mil. Its Operating Income for the six months ended in Mar. 2026 was A$-18.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was A$0.00 Mil.

Iris Metals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Iris Metals had no long-term debt (1).

* 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.

The higher the ratio, the stronger the company's financial strength is.

Iris Metals Interest Expense Historical Data

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The historical data trend for Iris Metals's Interest Expense 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.

Iris Metals Interest Expense Chart

Iris Metals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
0.00 0.00 -0.02 0.00 -0.00

Iris Metals Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.00 0.00 -0.00 0.00

Iris Metals Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-0.00 Mil mean?
Iris Metals (ASX:IR1) has a Interest Expense of A$-0.00 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Iris Metals and its competitors.
Is Iris Metals' Interest Expense too high?
Iris Metals' current Interest Expense is A$-0.00 Mil.
How does Iris Metals' Interest Expense compare to NEM and AU?
Iris Metals' Interest Expense of A$-0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Metals & Mining company?
A good Interest Expense depends on the Metals & Mining industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Iris Metals and its competitors. Iris Metals's current Interest Expense is A$-0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Metals stock overvalued right now?
Iris Metals (ASX:IR1) has a current Interest Expense of A$-0.00 Mil. The current Interest Expense is A$-0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Iris Metals (ASX:IR1), the current Interest Expense is A$-0.00 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Iris Metals Business Description

Other Exchanges 8X0:Germany
Address 9-11 Claremont Street, Suite 205, South Yarra, VIC, AUS, 3141
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.