Innovative Industrial Propertie — Earnings Quality Grade F
IIPR · Real Estate
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
Insufficient data
Insufficient data
Revenue -13.8%, CFFO -23.3%. Cash follows revenue
Expense Quality
No material inventory
Insufficient data
SG&A/Gross Profit = 14.3%, excellent (<30%)
Gross margin 88.7%, change -2.1pp. Stable
Cash Flow Quality
CFFO/NI = 1.68. Profits backed by cash
FCF $0.2B, FCF/NI = 1.68
Accruals ratio = -3.4%. Low accruals
Cash $0.0B covers only 12% of debt $0.4B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 1.9x. Healthy
Other assets 2.2% vs revenue -13.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -14% YoY. Normal
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Innovative Industrial Propertie is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25