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IRAAU (Iris Acquisition) Scaled Net Operating Assets : -2.83 (As of Sep. 2024)


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What is Iris Acquisition Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iris Acquisition's operating assets for the quarter that ended in Sep. 2024 was $2.74 Mil. Iris Acquisition's operating liabilities for the quarter that ended in Sep. 2024 was $12.75 Mil. Iris Acquisition's Total Assets for the quarter that ended in Jun. 2024 was $3.54 Mil. Therefore, Iris Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was -2.83.


Iris Acquisition Scaled Net Operating Assets Historical Data

The historical data trend for Iris Acquisition's Scaled Net Operating Assets 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.

* Premium members only.

Iris Acquisition Scaled Net Operating Assets Chart

Iris Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
0.08 851.28 0.01 -0.55

Iris Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.60 -1.88 -2.15 -2.08 -2.83

Competitive Comparison of Iris Acquisition's Scaled Net Operating Assets

For the Shell Companies subindustry, Iris Acquisition's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iris Acquisition's Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Iris Acquisition's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Iris Acquisition's Scaled Net Operating Assets falls into.



Iris Acquisition Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Iris Acquisition's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(4.346-12.924)/15.488
=-0.55

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4.502 - 0.156
=4.346

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=15.195 - 0 - 2.271
=12.924

Iris Acquisition's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Sep. 2024 )
=(Operating Assets (Q: Sep. 2024 )-Operating Liabilities (Q: Sep. 2024 ))/Total Assets (Q: Jun. 2024 )
=(2.742-12.751)/3.536
=-2.83

where

Operating Assets(Q: Sep. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3.068 - 0.326
=2.742

Operating Liabilities(Q: Sep. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=17.323 - 0 - 4.572
=12.751

* 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 Acquisition Scaled Net Operating Assets Related Terms

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Iris Acquisition Business Description

Traded in Other Exchanges
Address
122 Mary Street, P.O. Box 10085, 3rd Floor Zephyr House, George Town, Grand Cayman, CYM, KY1-1001
Iris Acquisition Corp is a blank check company.
Executives
Moore Global Investments, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
Mmf Lt, Llc 10 percent owner C/O MOORE CAPITAL MANAGEMENT, LP, 11 TIMES SQUARE, NEW YORK NY 10036
Moore Capital Management, Lp 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Moore Capital Advisors Llc 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, NEW YORK NY 10036
Louis M Bacon 10 percent owner 11 TIMES SQUARE, 39TH FLOOR, MOORE CAPITAL MANAGEMENT LP, NEW YORK NY 10036
Shashibhushan Borade director 3RD FLOOR ZEPHYR HOUSE, 122 MARY STREET, PO BOX 10085, GEORGE TOWN, GRAND CAYMAN E9 KY1-1001
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Manish C. Shah director 1115 BROADWAY, TENTH FLOOR, NEW YORK NY 10010
Omkar Halady officer: Vice President UNIT 1611 INDEX TOWER DIFC, PO BOX 941641, DUBAI C0 00000
Lisha Parmar officer: Chief Financial Officer UNIT 1611 INDEX TOWER DIFC, PO BOX 941641, DUBAI C0 00000
Omar Chohan officer: Chief Financial Officer 2700 19TH STREET, SAN FRANCISCO CA 94110
Duriya M Farooqui director C/O INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
Arjun Sethi director, officer: Chairman & CEO 2700 19TH STREET, SAN FRANCISCO CA 94110
Sumit Mehta officer: Vice President 2700 19TH STREET, SAN FRANCISCO CA 94110