Innovative Industrial Properties Inc (IIPR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Innovative Industrial Properties Inc (IIPR) has a cash flow conversion efficiency ratio of 0.024x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($45.59 Million) by net assets ($1.86 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Innovative Industrial Properties Inc - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Innovative Industrial Properties Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read IIPR liabilities breakdown for a breakdown of total debt and financial obligations.
Innovative Industrial Properties Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Innovative Industrial Properties Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Apollo Commercial Real Estate Finance Inc
NYSE:ARI
|
0.004x |
|
Glotech Industrial
TWO:5475
|
-0.015x |
|
Kelt Exploration Ltd.
TO:KEL
|
0.048x |
|
Beijing Zhidemai Technology
SHE:300785
|
-0.021x |
|
Exail Technologies S.A.
PA:EXA
|
0.102x |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
-0.180x |
|
Cendes Co Ltd Class A
SHE:300492
|
-0.016x |
|
Redfin Corp
NASDAQ:RDFN
|
-0.240x |
Annual Cash Flow Conversion Efficiency for Innovative Industrial Properties Inc (2016–2024)
The table below shows the annual cash flow conversion efficiency of Innovative Industrial Properties Inc from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Innovative Industrial Properties Inc (IIPR) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $1.94 Billion | $258.45 Million | 0.133x | +2.02% |
| 2023-12-31 | $1.95 Billion | $255.54 Million | 0.131x | +9.64% |
| 2022-12-31 | $1.96 Billion | $234.13 Million | 0.119x | +1.90% |
| 2021-12-31 | $1.61 Billion | $188.75 Million | 0.117x | +61.16% |
| 2020-12-31 | $1.52 Billion | $110.81 Million | 0.073x | -11.38% |
| 2019-12-31 | $548.01 Million | $44.93 Million | 0.082x | +38.09% |
| 2018-12-31 | $264.29 Million | $15.69 Million | 0.059x | -12.92% |
| 2017-12-31 | $73.55 Million | $5.01 Million | 0.068x | +143.42% |
| 2016-12-31 | $60.44 Million | $1.69 Million | 0.028x | -- |
About Innovative Industrial Properties Inc
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate.