Innovative Short Term Investments vs Retained Earnings Analysis

0JBD Stock   73.56  0.69  0.95%   
Innovative Industrial financial indicator trend analysis is infinitely more than just investigating Innovative Industrial recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovative Industrial is a good investment. Please check the relationship between Innovative Industrial Short Term Investments and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovative Industrial Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Term Investments vs Retained Earnings

Short Term Investments vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Industrial Short Term Investments account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innovative Industrial's Short Term Investments and Retained Earnings is -0.03. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Innovative Industrial Properties, assuming nothing else is changed. The correlation between historical values of Innovative Industrial's Short Term Investments and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Innovative Industrial Properties are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Short Term Investments i.e., Innovative Industrial's Short Term Investments and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Innovative Industrial balance sheet. It contains any investments Innovative Industrial Properties undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Innovative Industrial can easily liquidate in the marketplace.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Innovative Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovative Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovative Industrial Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 48.1 M in 2025
 2022 2023 2024 2025 (projected)
Total Revenue276.4M309.5M355.9M373.7M
Depreciation And Amortization61.3M67.2M77.3M81.1M

Innovative Industrial fundamental ratios Correlations

0.980.991.00.990.93-0.860.960.831.0-0.350.611.00.930.99-0.161.00.990.940.940.990.950.941.0-0.720.09
0.980.970.970.980.97-0.870.950.810.98-0.440.530.990.950.96-0.040.971.00.920.920.980.940.940.97-0.70.0
0.990.970.991.00.92-0.860.990.810.99-0.310.50.990.90.96-0.070.990.980.950.911.00.940.90.99-0.79-0.05
1.00.970.990.990.92-0.850.960.831.0-0.330.620.990.920.99-0.181.00.980.940.940.990.950.931.0-0.720.1
0.990.981.00.990.94-0.860.990.80.99-0.350.490.990.910.96-0.050.990.980.940.911.00.940.910.99-0.78-0.05
0.930.970.920.920.94-0.80.910.680.94-0.610.450.940.940.90.090.920.960.810.880.950.910.910.92-0.6-0.02
-0.86-0.87-0.86-0.85-0.86-0.8-0.8-0.83-0.850.32-0.45-0.88-0.83-0.840.27-0.86-0.88-0.88-0.78-0.86-0.85-0.83-0.860.66-0.03
0.960.950.990.960.990.91-0.80.750.96-0.30.40.950.860.920.050.970.950.930.880.980.910.850.96-0.82-0.16
0.830.810.810.830.80.68-0.830.750.82-0.070.610.840.860.84-0.350.830.820.890.880.80.870.890.83-0.650.16
1.00.980.991.00.990.94-0.850.960.82-0.360.611.00.930.99-0.161.00.990.930.950.990.950.941.0-0.710.1
-0.35-0.44-0.31-0.33-0.35-0.610.32-0.3-0.07-0.36-0.16-0.36-0.52-0.33-0.24-0.32-0.43-0.09-0.38-0.37-0.42-0.45-0.33-0.17-0.11
0.610.530.50.620.490.45-0.450.40.610.61-0.160.60.580.71-0.720.60.570.510.670.510.550.670.62-0.060.8
1.00.990.990.990.990.94-0.880.950.841.0-0.360.60.940.99-0.160.990.990.950.940.990.950.950.99-0.710.08
0.930.950.90.920.910.94-0.830.860.860.93-0.520.580.940.92-0.10.910.950.830.970.920.970.990.91-0.560.14
0.990.960.960.990.960.9-0.840.920.840.99-0.330.710.990.92-0.270.990.970.920.950.970.940.950.99-0.660.21
-0.16-0.04-0.07-0.18-0.050.090.270.05-0.35-0.16-0.24-0.72-0.16-0.1-0.27-0.17-0.08-0.17-0.21-0.06-0.14-0.21-0.18-0.12-0.83
1.00.970.991.00.990.92-0.860.970.831.0-0.320.60.990.910.99-0.170.980.940.940.990.950.931.0-0.730.08
0.991.00.980.980.980.96-0.880.950.820.99-0.430.570.990.950.97-0.080.980.930.930.980.940.950.98-0.680.04
0.940.920.950.940.940.81-0.880.930.890.93-0.090.510.950.830.92-0.170.940.930.850.940.870.850.94-0.82-0.06
0.940.920.910.940.910.88-0.780.880.880.95-0.380.670.940.970.95-0.210.940.930.850.920.980.990.94-0.590.22
0.990.981.00.991.00.95-0.860.980.80.99-0.370.510.990.920.97-0.060.990.980.940.920.940.920.99-0.76-0.03
0.950.940.940.950.940.91-0.850.910.870.95-0.420.550.950.970.94-0.140.950.940.870.980.940.970.95-0.660.09
0.940.940.90.930.910.91-0.830.850.890.94-0.450.670.950.990.95-0.210.930.950.850.990.920.970.93-0.560.23
1.00.970.991.00.990.92-0.860.960.831.0-0.330.620.990.910.99-0.181.00.980.940.940.990.950.93-0.720.1
-0.72-0.7-0.79-0.72-0.78-0.60.66-0.82-0.65-0.71-0.17-0.06-0.71-0.56-0.66-0.12-0.73-0.68-0.82-0.59-0.76-0.66-0.56-0.720.45
0.090.0-0.050.1-0.05-0.02-0.03-0.160.160.1-0.110.80.080.140.21-0.830.080.04-0.060.22-0.030.090.230.10.45
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Innovative Industrial Account Relationship Matchups

Innovative Industrial fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B2.1B2.4B2.4B2.7B2.9B
Short Long Term Debt Total137.8M327.2M303.4M302.4M347.7M365.1M
Total Current Liabilities34.7M46.6M61.5M68.2M78.4M82.3M
Total Stockholder Equity1.5B1.6B2.0B2.0B2.2B2.4B
Property Plant And Equipment Net1.0B1.6B2.1B2.2B2.5B2.6B
Net Debt11.7M240.8M214.8M162.1M186.4M195.8M
Retained Earnings(48.1M)(75.2M)(117.4M)(156.9M)(141.2M)(134.1M)
Accounts Payable3.0M5.3M8.4M9.3M10.6M11.2M
Cash126.0M86.4M88.6M140.2M161.3M84.8M
Non Current Assets Total1.6B2.0B2.3B2.2B2.5B2.7B
Non Currrent Assets Other619.3M(2.1B)(2.4B)10.0M9.0M9.5M
Cash And Short Term Investments745.3M411.3M289.5M140.2M161.3M275.2M
Common Stock Shares Outstanding19.6M26.3M27.7M28.3M32.5M34.1M
Liabilities And Stockholders Equity1.8B2.1B2.4B2.4B2.7B2.9B
Non Current Liabilities Total208.4M426.3M391.5M369.9M425.4M220.6M
Other Current Assets(745.3M)18.2M39.6M43.5M39.1M41.1M
Other Stockholder Equity1.6B1.7B2.1B2.1B2.4B2.5B
Total Liab243.1M472.9M452.9M438.1M503.8M529.0M
Total Current Assets126.0M99.3M126.7M183.7M211.3M221.8M
Accumulated Other Comprehensive Income(48.1M)(75.2M)(117.4M)(156.9M)(141.2M)(134.1M)
Common Stock13K24K26K28K32.2K18.7K
Property Plant Equipment507.1M1.0B1.6B2.1B2.4B2.5B
Other Current Liab31.7M41.3M53.0M54.0M62.1M31.3M
Other Liab45.6M70.7M99.1M88.1M101.3M58.5M
Net Tangible Assets534.0M1.5B1.6B1.9B2.2B2.3B
Other Assets1.8M10.0M12.4M(2.4B)(2.1B)(2.0B)
Short Term Investments619.3M324.9M200.9M21.9M19.8M18.8M
Current Deferred Revenue(348.1M)(757.7M)(701.4M)(5K)(5.8K)(6.0K)
Short Term Debt136.7M326.1M301.5M4.9M4.5M4.2M

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