Innovative Industrial Financials

IIPR Stock  USD 63.50  1.60  2.46%   
Innovative Industrial Properties is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. At this time, Innovative Industrial's Property Plant Equipment is relatively stable compared to the past year. Key indicators impacting Innovative Industrial's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.150.1539
Fairly Down
Slightly volatile
Current Ratio1.211.2731
Notably Down
Slightly volatile
The financial analysis of Innovative Industrial is a critical element in measuring its lifeblood. Investors should not minimize Innovative Industrial's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

78.46 Million

  
Understanding current and past Innovative Industrial Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Innovative Industrial's financial statements are interrelated, with each one affecting the others. For example, an increase in Innovative Industrial's assets may result in an increase in income on the income statement.

Innovative Industrial Properties Earnings Geography

Innovative Industrial Stock Summary

Innovative Industrial competes with Prologis, Public Storage, Extra Space, CubeSmart, and STAG Industrial. Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Innovative Industrial operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 22 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS45781V1017
CUSIP45781V101
LocationUtah; U.S.A
Business Address1389 Center Drive,
SectorDiversified REITs
IndustryReal Estate
BenchmarkDow Jones Industrial
Websitewww.innovativeindustrialproperties.com
Phone858 997 3332
CurrencyUSD - US Dollar

Innovative Industrial Key Financial Ratios

Innovative Industrial Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.1B2.4B2.4B2.4B1.5B
Other Current Liab(106.6M)(287.2M)(250.7M)106.8M54.8M57.6M
Other Liab45.6M70.7M100.2M88.1M101.3M50.8M
Net Tangible Assets534.0M1.5B1.6B1.9B2.2B2.3B
Net Debt11.7M245.0M214.4M160.6M151.6M144.0M
Retained Earnings(48.1M)(75.2M)(117.4M)(156.9M)(211.7M)(201.1M)
Accounts Payable41.1M54.0M40.0M21.0M20.8M25.8M
Cash126.0M81.1M87.1M140.2M146.2M88.1M
Other Assets1.6B2.1B2.1B2.2B2.2B1.3B
Long Term Debt136.7M326.1M301.5M300.9M297.9M205.9M
Capital Surpluse553.9M1.6B1.7B2.1B2.4B2.5B
Other Current Assets(236.9M)(745.3M)(411.3M)1.5M1.3M1.4M
Total Liab243.1M472.9M452.9M438.1M442.0M277.9M
Total Current Assets126.0M99.3M106.6M163.7M169.0M117.5M
Short Term Debt136.7M326.1M301.5M4.4M4.0M3.8M
Common Stock13K24K26K28K32.2K20.0K
Net Invested Capital1.6B1.9B2.2B2.2B2.2B1.5B
Net Working Capital54.8M(46.3M)(43.0M)31.5M36.3M24.5M

Innovative Industrial Key Income Statement Accounts

The reason investors look at the income statement is to determine what Innovative Industrial's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202020212022202320242025 (projected)
Interest Expense7.4M18.1M18.3M16.1M16.3M9.3M
Total Revenue116.9M204.6M276.4M309.5M308.5M323.9M
Gross Profit111.9M200.1M265.8M284.6M280.0M294.0M
Operating Income69.7M135.4M169.6M174.6M168.3M176.8M
Ebit50.6M108.0M120.6M181.7M177.9M186.8M
Ebitda97.8M177.1M230.9M248.9M248.7M261.2M
Cost Of Revenue5.0M4.4M10.5M24.9M28.5M29.9M
Income Before Tax65.7M114.0M154.4M165.6M159.9M167.8M
Net Income65.7M114.0M154.4M165.6M159.9M167.8M
Income Tax Expense7.4M18.1M(3.5M)1.5M1.7M1.6M
Net Interest Income(4.0M)(17.7M)(15.1M)(9.4M)(6.7M)(7.0M)
Interest Income3.4M397K3.2M8.4M11.0M11.5M

Innovative Industrial Key Cash Accounts

202020212022202320242025 (projected)
Investments(1.0B)(367.4M)(396.2M)(464K)(56.0M)(58.8M)
Change In Cash8.7M(39.6M)2.2M53.1M4.5M4.3M
Depreciation28.0M41.8M61.3M67.2M70.8M74.3M
Other Non Cash Items2.2M6.6M216.6M149.8M4.7M4.5M
Dividends Paid76.8M132.3M183.9M204.1M213.5M224.2M
Capital Expenditures343.9M529.8M662.1M524.0M150.1M0.0
Net Income65.7M114.0M154.4M164.1M161.7M169.7M
Change To Netincome2.5M3.5M12.4M12.0M13.8M14.5M
Free Cash Flow(419.0M)188.7M234.1M105.5M258.4M271.4M
End Period Cash Flow126.0M86.4M88.6M141.7M146.2M93.4M

Innovative Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Innovative Industrial's current stock value. Our valuation model uses many indicators to compare Innovative Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovative Industrial competition to find correlations between indicators driving Innovative Industrial's intrinsic value. More Info.
Innovative Industrial Properties is rated fifth overall in return on equity category among its peers. It is rated third overall in return on asset category among its peers reporting about  0.54  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Innovative Industrial Properties is roughly  1.84 . At this time, Innovative Industrial's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Innovative Industrial by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Innovative Industrial Systematic Risk

Innovative Industrial's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Innovative Industrial volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Innovative Industrial correlated with the market. If Beta is less than 0 Innovative Industrial generally moves in the opposite direction as compared to the market. If Innovative Industrial Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Innovative Industrial is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Innovative Industrial is generally in the same direction as the market. If Beta > 1 Innovative Industrial moves generally in the same direction as, but more than the movement of the benchmark.

Innovative Industrial Thematic Clasifications

Innovative Industrial Properties is part of Real Estate investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Real Estate industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Real EstateView
This theme covers USA Equities from Real Estate industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Innovative Industrial Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Innovative Industrial's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Innovative Industrial growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(4.07)

At this time, Innovative Industrial's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Innovative Industrial March 28, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Innovative Industrial help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Innovative Industrial Properties. We use our internally-developed statistical techniques to arrive at the intrinsic value of Innovative Industrial Properties based on widely used predictive technical indicators. In general, we focus on analyzing Innovative Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Innovative Industrial's daily price indicators and compare them against related drivers.

Additional Tools for Innovative Stock Analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.