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. See IIPR equity to assets ratio to measure how much of total assets are equity-financed.
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. Check IIPR cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Greattown Holdings Ltd A
SHG:600094
|
0.014x |
|
Vir Biotechnology Inc
NASDAQ:VIR
|
-0.163x |
|
Playa Hotels & Resorts BV
F:PL0
|
0.147x |
|
Supreme Petrochem Limited
NSE:SPLPETRO
|
-0.019x |
|
Shandong Gettop Acoustic Co Ltd
SHE:002655
|
-0.031x |
|
Innuovo Technology Co Ltd Class A
SHE:000795
|
0.047x |
|
Exail Technologies S.A.
PA:EXA
|
0.102x |
|
IRSA Inversiones y Representaciones SA
BA:IRSA
|
0.017x |
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 IIPR market cap overview.
| 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.