Innovative Industrial Properties Inc. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 9.78
Dividend & YieldN/A£ (N/A)
Beta 1.58
Market capitalization 10.06M
Operating cash flow 221.34M
ESG Scores unknown

Company description

Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.

Sector: - Industry:

Financial Ratios
Quick Ratio2.19
Working Capital2.05
Return On Equity0.07
Debt To Equity0.2
Fixed Asset Ratio0
Fixed Interest Cover7.48

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.74M 13.04M 14.75M 21.75M
Total Cashflows From Investing Activities -199.25M -340.63M -1.03B -384.09M
Net Borrowings 138.54M 138.54M 300M 300M
Total Cash From Financing Activities 184.85M 399.96M 924.99M 155.76M
Change To Operating Activities -173k -619k -428k -3.69M
Issuance Of Stock 193.22M 286.29M 1B
Net Income 6.99M 23.48M 65.73M 113.99M
Change In Cash 1.29M 104.27M 8.69M -39.59M
Effect Of Exchange Rate
Total Cash From Operating Activities 15.69M 44.93M 110.81M 188.75M
Depreciation 2.63M 8.6M 28.02M 41.78M
Change To Account Receivables
Other Cashflows From Financing Activities -8.55M -8.55M -8.55M -8.55M
Change To Netincome 510k -1.24M 701k 12.06M
Capital Expenditures

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 6.99M 23.48M 65.73M 113.99M
Net Income 6.99M 23.48M 65.73M 113.99M
Selling General Administrative 6.38M 9.82M 14.18M 22.96M
Gross Profit 14.34M 43.35M 111.94M 200.11M
Ebit 5.34M 24.93M 69.74M 135.37M
Operating Income 5.34M 24.93M 69.74M 135.37M
Interest Expense -6.31M -6.31M -7.43M -18.09M
Income Tax Expense
Total Revenue 14.79M 44.67M 116.9M 204.55M
Cost Of Revenue 445k 1.31M 4.95M 4.44M
Total Other Income ExpenseNet 3.29M -1.46M -4.01M -21.38M
Net Income From Continuing Ops 6.99M 23.48M 65.73M 113.99M
Net Income Applicable To Common Shares 5.46M 21.73M 63.87M 112.08M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 17.17M 197.85M 243.11M 472.9M
Total Stockholder Equity 250.28M 534M 1.51B 1.6B
Other Current Liabilities 3.76M 12.97M 30.07M 38.85M
Total Assets 281.47M 745.86M 1.77B 2.08B
Common Stock 10k 13k 24k 26k
Other Current Assets 35.07M 5.32M
Retained Earnings
Treasury Stock -10.27M -19.94M -48.12M -75.22M
Cash 13.05M 82.24M 126.01M 81.1M
Total Current Liabilities 5.73M 16.39M 34.71M 46.81M
Other Stockholder Equity -10.27M -19.94M -48.12M -75.22M
Property, Plant, and Equipment 147.36M 507.06M 1.02B 1.64B
Total Current Assets 13.05M 117.32M 126.01M 102.53M
Net Tangible Assets 250.28M 534M 1.51B 1.59B
Net Receivables 16.12M
Accounts Payable 1.97M 1.82M 3.04M 5.25M


Insider Transactions

Here are the insider transactions of stock shares related to Innovative Industrial Properties Inc.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
GOLD ALAN DPurchase at price 97.79 per share.D2022-08-12Officer and Director1k
GOLD ALAN DPurchase at price 94.22 per share.D2022-08-10Officer and Director1k
KREITZER GARY AStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.56k
STECHER DAVIDStock Award(Grant) at price 0.00 per share.D2022-05-18Director1.25k
SMITHERS PAUL EStock Award(Grant) at price 0.00 per share.D2022-01-11Chief Executive Officer11.58k
WOLFE BRIAN J.Stock Award(Grant) at price 0.00 per share.D2022-01-11General Counsel4.17k
BUI ANDYStock Award(Grant) at price 0.00 per share.D2022-01-11Officer927
GOLD ALAN DSale at price 283.77 - 286.21 per share.D2021-11-17Officer and Director3.77k
CURRAN MARY ANNPurchase at price 188.77 - 238.91 per share.D2021-10-13Unknown55
SHOEMAKER SCOTTSale at price 233.00 per share.D2021-09-15Director360
SMITHERS PAUL ESale at price 249.00 per share.D2021-09-01Chief Executive Officer3.95k
HASTINGS CATHERINESale at price 228.97 per share.D2021-08-10Chief Financial Officer1.5k
BUI ANDYSale at price 228.00 per share.D2021-08-09Officer1.9k
SHOEMAKER SCOTTSale at price 190.57 per share.D2021-06-10Director500
SHOEMAKER SCOTTSale at price 191.40 per share.D2021-06-10Director500
KREITZER GARY AStock Award(Grant) at price 0.00 per share.D2021-06-04Director1.1k
STECHER DAVIDStock Award(Grant) at price 0.00 per share.D2021-06-04Director883
GOLD ALAN DStock Gift at price 0.00 per share.D2021-03-18Officer and Director1k
SMITHERS PAUL ESale at price 195.00 per share.D2021-03-17Chief Executive Officer2k
SMITHERS PAUL ESale at price 195.00 - 199.50 per share.D2021-03-16Chief Executive Officer4k
GOLD ALAN DSale at price 185.00 per share.D2021-03-12Officer and Director4k
HASTINGS CATHERINESale at price 180.01 per share.D2021-03-11Chief Financial Officer1.2k
GOLD ALAN DSale at price 185.47 per share.D2021-03-04Officer and Director6k
WOLFE BRIAN J.Sale at price 202.52 per share.D2021-03-01General Counsel4.31k
WOLFE BRIAN J.Stock Award(Grant) at price 0.00 per share.D2021-01-11General Counsel2.55k
BUI ANDYStock Award(Grant) at price 0.00 per share.D2021-01-11Officer1.06k
GOLD ALAN DStock Gift at price 0.00 per share.D2020-12-31Officer and Director56.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Innovative Industrial Properties Inc.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Innovative Industrial Properties Inc.

Here is the result of two systematic investment strategies applied to Innovative Industrial Properties Inc.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Innovative Industrial Properties Inc.

The following chart shows the equity curve of the two systematic investment strategies applied to Innovative Industrial Properties Inc.:

Innovative Industrial Properties Inc. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 0% on the backtest period.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

0.0 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Innovative Industrial Properties Inc.

This is the result of two momentum investment strategies applied to Innovative Industrial Properties Inc.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Innovative Industrial Properties Inc.

The following chart shows all the entries opened by the momentum investment system on Innovative Industrial Properties Inc.:

Innovative Industrial Properties Inc. momentum entries
  • The first momentum investment strategy would give 5.38% of return on Innovative Industrial Properties Inc.. That represents 14.22£ of latent gain with 264.37£ of employed capital.
  • The second momentum investment strategy would give 0% of return on Innovative Industrial Properties Inc.. That represents 0.0£ of latent gain with 0.0£ of employed capital.
Performance at glance (1Q Momentum)

Performance

5.38 %

Latent gain

14.22 £

Invested capital

264.37 £

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Momentum equity curve on Innovative Industrial Properties Inc.

The following chart shows the equity curve of the two momentum strategies applied to Innovative Industrial Properties Inc.:

Innovative Industrial Properties Inc. momentum equity

Note: the dividends potentially given by Innovative Industrial Properties Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Innovative Industrial Properties Inc.

The following chart shows the employed capital evolution of the two momentum strategies on Innovative Industrial Properties Inc. since the beginning:

Innovative Industrial Properties Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250£, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000£.


Buy the dip strategy result on Innovative Industrial Properties Inc.

Buy the dip entry openings on Innovative Industrial Properties Inc.

Innovative Industrial Properties Inc.

The performance achieved by the robo-advisor on Innovative Industrial Properties Inc. is 0%. That represents 0.0$ of latent gain with 0.0£ of employed capital. The following chart shows Innovative Industrial Properties Inc. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Innovative Industrial Properties Inc., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 £

Invested capital

0.0 £

Annualized return

-0.0 %

Equity curve of the strategy applied to Innovative Industrial Properties Inc.

The following chart shows the result of the investment strategy applied to Innovative Industrial Properties Inc.:

Innovative Industrial Properties Inc.

Note: the dividends potentially given by Innovative Industrial Properties Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Innovative Industrial Properties Inc.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Innovative Industrial Properties Inc.:

Innovative Industrial Properties Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Innovative Industrial Properties Inc.

In this section, I will compare the three previous investment strategies applied to Innovative Industrial Properties Inc..

Equity curve comparison on Innovative Industrial Properties Inc.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Innovative Industrial Properties Inc. investment strategy comparison

Employed capital comparison on Innovative Industrial Properties Inc.

Innovative Industrial Properties Inc. investment comparison

Performance comparison on Innovative Industrial Properties Inc.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 0% 0.0£ 0.0£ 0.0%
Momentum 1 quarter 5.38% 14.22£ 264.37£ 134.5%
Momentum 2 quarters 0% 0.0£ 0.0£ -0.0%
Non-directional 0% 0.0£ 0.0£ -0.0%
Annualized return comparison

Automatic investment

0.0 %

Momentum 1Q

-0.0 %

Momentum 2Q

-0.0 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Innovative Industrial Properties Inc.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Innovative Industrial Properties Inc. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Innovative Industrial Properties Inc. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Innovative Industrial Properties Inc.
Country United States
City Park City
Address 1389 Center Drive
Phone (858) 997-3332
Website www.innovativeindustrialproperties.com
FullTime employees 22
Industry
Sector
Exchange XLON
Ticker 0JBD.XLON
Market www.londonstockexchange.com

Innovative Industrial Properties Inc. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown