Innovative Industrial Properties Inc (IIPR) — Net Asset Quality Index
Innovative Industrial Properties Inc (IIPR) has a Net Asset Quality Index of 79.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.34 Billion minus total liabilities of $474.57 Million yields net assets of $1.86 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check IIPR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Innovative Industrial Properties Inc Net Asset Quality Index Over Time (2016–2024)
This chart shows how Innovative Industrial Properties Inc's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the index stands at 79.7%, representing net assets of $1.86 Billion against total assets of $2.34 Billion USD. See IIPR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Innovative Industrial Properties Inc (2016–2024)
The table below presents the year-by-year Net Asset Quality Index for Innovative Industrial Properties Inc from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see IIPR stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.4% | $1.94 Billion | $2.38 Billion | $441.99 Million | ▼ -0.3 pp |
| 2023 | 81.7% | $1.95 Billion | $2.39 Billion | $438.12 Million | ▲ +0.4 pp |
| 2022 | 81.2% | $1.96 Billion | $2.41 Billion | $452.94 Million | ▲ +3.9 pp |
| 2021 | 77.3% | $1.61 Billion | $2.08 Billion | $472.90 Million | ▼ -8.9 pp |
| 2020 | 86.3% | $1.52 Billion | $1.77 Billion | $243.11 Million | ▲ +12.8 pp |
| 2019 | 73.5% | $548.01 Million | $745.86 Million | $197.85 Million | ▼ -20.4 pp |
| 2018 | 93.9% | $264.29 Million | $281.47 Million | $17.17 Million | ▲ +2.0 pp |
| 2017 | 91.9% | $73.55 Million | $80.03 Million | $6.48 Million | ▼ -3.5 pp |
| 2016 | 95.4% | $60.44 Million | $63.33 Million | $2.89 Million | — |