Innovative Industrial Properties Inc (IIPR) — Cash Flow Quality Index
Innovative Industrial Properties Inc (IIPR) has a Cash Flow Quality Index of 1.56x as of September 2025. Operating cash flow of $45.59 Million exceeds net income of $29.30 Million, indicating high earnings quality where cash backs reported profits. Explore Innovative Industrial Properties Inc (IIPR) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Innovative Industrial Properties Inc Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Innovative Industrial Properties Inc across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see IIPR cash generation efficiency.
Annual Cash Flow Quality Index for Innovative Industrial Properties Inc (2015–2024)
Year-by-year earnings quality comparison for Innovative Industrial Properties Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.60x | $258.45 Million | $161.66 Million | ▲ +2.7% |
| 2023 | 1.56x | $255.54 Million | $164.11 Million | ▲ +2.7% |
| 2022 | 1.52x | $234.13 Million | $154.39 Million | ▼ -8.4% |
| 2021 | 1.66x | $188.75 Million | $113.99 Million | ▼ -1.8% |
| 2020 | 1.69x | $110.81 Million | $65.73 Million | ▼ -11.9% |
| 2019 | 1.91x | $44.93 Million | $23.48 Million | ▼ -14.8% |
| 2018 | 2.25x | $15.69 Million | $6.99 Million | ▲ +286.0% |
| 2015 | 0.58x | $2.90 Million | $4.99 Million | — |