Innovative Industrial Properties

NYSE:IIPR Stock Report

Mkt Cap: US$2.6b

Innovative Industrial Properties Financial Health

How is Innovative Industrial Properties's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: IIPR's short term assets ($63.7M) exceed its short term liabilities ($56.1M).

Long Term Liabilities: IIPR's short term assets ($63.7M) do not cover its long term liabilities ($393.8M).

Debt to Equity History and Analysis

Debt Level: IIPR's net debt to equity ratio (12.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if IIPR's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: IIPR's debt is well covered by operating cash flow (73.6%).

Interest Coverage: IIPR's interest payments on its debt are well covered by EBIT (7.6x coverage).

Balance Sheet

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