IIPRInnovative Industrial Properties, Inc.
Is it safe?
Nothing alarming, nothing pristine: insiders quiet, comfortable debt (AA), and typical volatility.
Insiders were net sellers (-$4K, 90 days to Oct 8, 2026), selling is often routine.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -78% · now 20% below its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can IIPR take a bad year?
Innovative Industrial Properties, Inc. holds $79M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Interest cover
- 5.21×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 43%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $125M
- Cash and short-term investments
- $205M
- Net cash
- $79M
- EBITDA, trailing twelve months
- $210M
- Operating profit, trailing twelve months
- $136M
- Debt / equity
- 0.07×
- Total debt / EBITDA
- 0.60×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −78%
- Below its 52-week high
- 20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Industrial
The closest names by size in the same industry