Innovative Industrial Properties Balance Sheet
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At close: Oct 9, 4:02 PM ET · Delayed 15 min
Innovative Industrial Properties financial position
At the end of fiscal 2025, Innovative Industrial Properties reported total assets of $2.37 billion, down 0.3% from a year earlier against total liabilities of $522.9 million. Shareholders' equity stood at $1.85 billion, or 77.9% of assets. The company held $47.6 million in cash and equivalents against $393.7 million of debt, a net debt position of $346.1 million.
Debt-to-equity was 0.21.
Summary generated from market data by MetaCap's automated system. Methodology
Innovative Industrial Properties balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 47.60M | 146.25M | 140.25M | 87.12M | 81.10M | 126.01M | 82.24M | 13.05M | 11.76M |
| Short-Term Investments | 0 | 5.00M | 21.95M | 200.94M | 324.89M | 619.27M | 119.59M | 120.44M | 0 |
| Property, Plant & Equipment | 2.11B | 2.17B | 2.17B | 2.07B | 1.64B | 1.02B | 505.86M | 147.36M | 67.79M |
| Intangible Assets | 6.37M | 7.38M | 8.24M | — | — | — | — | — | — |
| Total Assets | 2.37B | 2.38B | 2.39B | 2.41B | 2.08B | 1.77B | 745.86M | 281.47M | 80.03M |
| Long-Term Debt | 393.71M | — | — | — | — | — | 134.65M | — | — |
| Total Liabilities | 522.85M | 441.99M | 438.12M | 452.94M | 472.90M | 243.11M | 197.85M | 17.17M | 6.48M |
| Shareholders' Equity | 1.85B | 1.94B | 1.95B | 1.96B | 1.61B | 1.52B | 548.01M | 264.29M | 73.55M |
| Retained Earnings | — | — | — | — | — | — | — | 0 | -4.46M |
| Total Debt | 393.71M | — | — | — | — | — | 134.65M | — | — |
| Net Cash (Debt) | -346.12M | 151.25M | 162.20M | 288.06M | 405.99M | 745.28M | 67.19M | 133.49M | 11.76M |
| Shares Outstanding | 28.02M | 28.33M | 28.14M | 27.97M | 25.61M | 23.94M | 12.64M | 9.78M | 3.50M |
This table shows 9 annual periods of Innovative Industrial Properties's balance sheet, from FY 2025 back to FY 2017, across 12 line items including cash & equivalents, short-term investments, property, plant & equipment. Values in USD; B = billions, M = millions. Fiscal periods follow IIPR's reporting calendar. What is a balance sheet?