Innovative Industrial Properties Inc Cash Flow Quality Index

Latest as of September 2025: 1.56x

Innovative Industrial Properties Inc 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. See Innovative Industrial Properties Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

1.56x
Operating CF / Net Income

Operating Cash Flow

$45.59 Million
USD

Net Income

$29.30 Million
USD

Data as of

Sep 2025
Most recent filing

Cash Flow Quality Index of Innovative Industrial Properties Inc (2015–2024)

Cash flow quality index of Innovative Industrial Properties Inc from 2015 to 2024. Historical Cash Flow Quality Index for Innovative Industrial Properties Inc across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore IIPR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Innovative Industrial Properties Inc Cash Flow Quality Index by Year (2015–2024)

Innovative Industrial Properties Inc cash flow quality index by year from 2015 to 2024. Year-by-year earnings quality comparison for Innovative Industrial Properties Inc. For the full cash flow conversion analysis, see IIPR cash flow conversion.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.