Iris Metals (ASX:IR1) Total Current Assets: A$4.73 Mil (As of Mar. 2026)


What is Iris Metals Total Current Assets?

Iris Metals ASX:IR1 +3.64% Total Current Assets is A$4.73 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Iris Metals's total current assets for the quarter that ended in Mar. 2026 was A$4.73 Mil.

Iris Metals  (ASX:IR1) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Iris Metals's Liquidation Value for the quarter that ended in Mar. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.591-0.409+0.75 * 0+0.5 * 0
=4.18

* 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 Total Current Assets Related Terms

Iris Metals Total Current Assets Historical Data

* Premium members only.

The historical data trend for Iris Metals's Total Current 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.

Iris Metals Total Current Assets Chart

Iris Metals Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Total Current Assets
4.36 0.79 10.98 5.51 4.73

Iris Metals Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.98 2.36 5.51 2.89 4.73

Iris Metals Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Iris Metals's Total Current Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.591+0.132+0+0.0060000000000002
=4.73

Iris Metals's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.591+0.132+0+0.0060000000000002
=4.73

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of A$4.73 Mil mean?
Iris Metals (ASX:IR1) has a Total Current Assets of A$4.73 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Iris Metals and its competitors.
Is Iris Metals' Total Current Assets too high?
Iris Metals' current Total Current Assets is A$4.73 Mil.
How does Iris Metals' Total Current Assets compare to NEM and AU?
Iris Metals' Total Current Assets of A$4.73 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 Total Current Assets for a Metals & Mining company?
A good Total Current Assets depends on the Metals & Mining industry context. However, Total Current Assets 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Iris Metals and its competitors. Iris Metals's current Total Current Assets is A$4.73 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 Total Current Assets of A$4.73 Mil. The current Total Current Assets is A$4.73 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Iris Metals (ASX:IR1), the current Total Current Assets is A$4.73 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.