Innovative Industrial Properties Inc Financial Flexibility Index

Latest as of September 2025: 0.16x

Innovative Industrial Properties Inc financial flexibility index. Innovative Industrial Properties Inc (IIPR) has a Financial Flexibility Index of 0.16x as of September 2025. Free cash flow of $74.42 Million (operating CF $45.59 Million minus capex $28.83 Million) represents 0% of total liabilities ($474.57 Million). See Innovative Industrial Properties Inc (IIPR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.16x
Free Cash Flow / Total Liabilities

Free Cash Flow

$74.42 Million
Operating CF − Capex

Total Liabilities

$474.57 Million
USD

Capital Expenditures

$28.83 Million
USD

Financial Flexibility Index of Innovative Industrial Properties Inc (2016–2024)

Financial flexibility index of Innovative Industrial Properties Inc from 2016 to 2024. Historical Financial Flexibility Index trend for Innovative Industrial Properties Inc across 9 annual periods. Check Innovative Industrial Properties Inc (IIPR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Innovative Industrial Properties Inc Financial Flexibility Index by Year (2016–2024)

Innovative Industrial Properties Inc financial flexibility index by year from 2016 to 2024. Year-by-year free cash flow to debt coverage for Innovative Industrial Properties Inc. For the full cash flow conversion analysis, see Innovative Industrial Properties Inc cash flow conversion.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.77x $340.20 Million $258.45 Million $441.99 Million ▼ -16.9%
2023 0.93x $405.63 Million $255.54 Million $438.12 Million ▼ -44.7%
2022 1.67x $758.10 Million $234.13 Million $452.94 Million ▼ -7.0%
2021 1.80x $850.87 Million $188.75 Million $472.90 Million ▼ -31.7%
2020 2.64x $640.64 Million $110.81 Million $243.11 Million ▲ +34.1%
2019 1.97x $388.85 Million $44.93 Million $197.85 Million ▼ -11.1%
2018 2.21x $37.99 Million $15.69 Million $17.17 Million ▲ +31.2%
2017 1.69x $10.93 Million $5.01 Million $6.48 Million ▼ -84.6%
2016 10.99x $31.73 Million $1.69 Million $2.89 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities