Innovative Industrial Properties, Inc. cash flow to debt ratio of 50.34% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.

Innovative Industrial Properties, Inc.'s free cash flow has decreased 32.38% from $258.45M last year to $174.76M, signaling decreasing performance

Innovative Industrial Properties, Inc.'s debt to equity ratio is 0.33, which means that the company's assets are healthy financed, signaling financial stability.

Innovative Industrial Properties, Inc.'s debt has increased relative to shareholder equity from 0.15 last year to 0.33 today, signaling weakened financials

Innovative Industrial Properties, Inc. has a net debt to EBITDA ratio of 1.66x, which is below the 3.00x threshold, indicating healthy leverage and financial stability

Innovative Industrial Properties, Inc.'s interest coverage ratio of 5.30 indicates that earnings with good margin can cover interest payments on company debt

Innovative Industrial Properties, Inc.'s profit margin has decreased (0.25%) in the last year from 52.40% to 52.27%, signaling decreasing performance

Innovative Industrial Properties, Inc.'s short-term liabilities of $319.26M exceed its short-term assets of $47.60M, signaling financial risk

Innovative Industrial Properties, Inc.'s return on assets of 5.34% is higher than the 5.00% threshold, indicating efficient asset utilization

Innovative Industrial Properties, Inc.'s return on equity of 7.39%, is lower than 15.00%, indicating bad performance

Innovative Industrial Properties, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

Innovative Industrial Properties, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings

Innovative Industrial Properties, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures

Innovative Industrial Properties, Inc. has a free cash flow yield of 10.50%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Innovative Industrial Properties, Inc.'s yearly earnings has decreased 29.21% since last year from $161.66M to $114.44M, signaling decreasing performance

Innovative Industrial Properties, Inc.'s yearly revenue has decreased 13.80% since last year from $308.52M to $265.95M, signaling decreasing performance

ROIC 5.59% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.

Innovative Industrial Properties, Inc.'s 3-year revenue CAGR of -1.27% is negative, indicating declining revenue over the past 3 years

Innovative Industrial Properties, Inc. had revenue growth in 3 out of 5 years, indicating consistent revenue performance

Innovative Industrial Properties, Inc. had positive ROE in 5 out of 5 years, indicating consistent and reliable returns on equity

Innovative Industrial Properties, Inc. has insufficient data to evaluate this check.

Innovative Industrial Properties, Inc. has an earnings yield of 8.44%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings

Innovative Industrial Properties, Inc. is overvalued relative to its fair value price of 39.63 based on EBITDA multiple model

Innovative Industrial Properties, Inc. has an EV/EBITDA ratio of 9.63x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

Innovative Industrial Properties, Inc. has insufficient data to evaluate this check.

Innovative Industrial Properties, Inc. has a PEG-ratio over 1 which is considered overvalued

Innovative Industrial Properties, Inc. has a price-to-book ratio of 0.88x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Innovative Industrial Properties, Inc. has a price-to-sales ratio of 6.19x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue