Is Iris Acquisition Corp II financially healthy?
Not really
Iris Acquisition Corp II carries heavy debt: it would take 15.3 years of earnings to pay it off.
The numbers behind it
Net debt / EBITDA15.3 years
Current ratio2.9×Short-term assets for each $1 of bills due within a year
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Iris Acquisition Corp II
Data as of Nov 13, 2026.