Innovative Industrial Properties Inc (IIPR) — Defensive Interval Ratio
Innovative Industrial Properties Inc (IIPR) has a Defensive Interval Ratio of 343 days as of September 2025. Defensive assets of $164.97 Million (cash $36.67 Million, short-term investments $5.26 Million, receivables $123.04 Million) cover 343 days of daily cash needs of $480.91K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Innovative Industrial Properties Inc Defensive Interval Ratio (2016–2024)
This chart shows how Innovative Industrial Properties Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 343 days, meaning defensive assets of $164.97 Million can fund 343 days of operations without new revenue. For the complete balance sheet picture, see Innovative Industrial Properties Inc asset portfolio.
Annual Defensive Interval Ratio for Innovative Industrial Properties Inc (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Innovative Industrial Properties Inc from 2016 to 2024, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Innovative Industrial Properties Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 465 days | $169.04 Million | $363.79K/day | $146.25 Million | $- | ▼ -44 days |
| 2023 | 509 days | $184.20 Million | $362.14K/day | $140.25 Million | $21.95 Million | ▼ -238 days |
| 2022 | 747 days | $306.08 Million | $409.72K/day | $87.12 Million | $200.94 Million | ▼ -303 days |
| 2021 | 1050 days | $418.90 Million | $399.02K/day | $81.10 Million | $324.89 Million | ▼ -1532 days |
| 2020 | 2582 days | $745.28 Million | $288.65K/day | $126.01 Million | $619.27 Million | ▲ +1878 days |
| 2019 | 704 days | $119.59 Million | $169.84K/day | $- | $119.59 Million | ▼ -1856 days |
| 2018 | 2560 days | $120.44 Million | $47.05K/day | $- | $120.44 Million | ▲ +2560 days |
| 2017 | 0 days | $0.00 | $17.64K/day | $- | $0.00 | ▼ -8099 days |
| 2016 | 8099 days | $57.96 Million | $7.16K/day | $- | $0.00 | — |