jain.com

June 2026 Debt-to-Equity Ratio

Company: IREN

Subject kind
financing
Statement date
2026-09-04
Promised amount
1.9 x
Event date
2026-06-30
Current status
stated

What the later record shows

Not a promise: a reported event · happened June 30, 2026

The claim reports a balance-sheet ratio as of June 2026, not a commitment. Later coverage gives the same 1.9x.

“The debt-to-equity ratio is close to 1.9x, showing the company uses nearly two dollars of debt for every dollar of equity.”
2026-09-24 · Applied Digital vs. IREN: Which Technology Stock Is a Better Buy in 2026? - finance.yahoo.com View cached copy (2026-09-27)Live source ↗Archive.org ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Debt-to-equity ratio of 1.9x as of June 2026

Source (primary)

Applied Digital vs. IREN: Evaluating the Better Artificial Intelligence Stock to Buy for 2026 - The Motley Fool (-, news_article)
View cached copy (2026-09-05)Live source ↗Archive.org ↗

Quote: “the debt-to-equity ratio was 1.9x”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The article gives IREN's debt-to-equity ratio as 1.9x as of the June 2026 balance sheet.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.fool.com/coverage/better-buy/2026/09/04/applied-digital-vs-iren-evaluating-the-better-artificial-intelligence-stock-to-buy-for-2026/) in full (13,096 characters, retrieved September 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital vs. IREN: Evaluating the Better Artificial Intelligence Stock to Buy for 2026 - The Motley Fool

Quote: “the debt-to-equity ratio was 1.9x”

View cached copy (2026-09-05)Live source ↗Archive.org ↗

Record of changes

September 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 6, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.