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Iris Energy (Iris Energy) Accumulated Depreciation : $-70.4 Mil (As of Mar. 2024)


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What is Iris Energy Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Iris Energy's quarterly accumulated depreciation increased from Jun. 2023 ($-47.7 Mil) to Dec. 2023 ($-62.8 Mil) and increased from Dec. 2023 ($-62.8 Mil) to Mar. 2024 ($-70.4 Mil).

Iris Energy's annual accumulated depreciation increased from Jun. 2021 ($-2.0 Mil) to Jun. 2022 ($-9.1 Mil) and increased from Jun. 2022 ($-9.1 Mil) to Jun. 2023 ($-47.7 Mil).


Iris Energy Accumulated Depreciation Historical Data

The historical data trend for Iris Energy's Accumulated Depreciation 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 Energy Accumulated Depreciation Chart

Iris Energy Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Accumulated Depreciation
-1.10 -1.99 -9.08 -47.67

Iris Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -99.19 - -47.67 -62.76 -70.43

Iris Energy Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.


Iris Energy Accumulated Depreciation Related Terms

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Iris Energy (Iris Energy) Business Description

Traded in Other Exchanges
N/A
Address
44 Market Street, Level 12, Sydney, NSW, AUS, 2000
Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.