Innovative Industrial Properties (IIPR) Convertible Debt (2019 - 2023)
Innovative Industrial Properties (IIPR) posted Convertible Debt of $4.4 million for Q4 2023, little changed sequentially from $4.4 million in Q3 2023, and down 30.55% YoY from $6.4 million in Q4 2022.
Innovative Industrial Properties (IIPR) Convertible Debt (2019 - 2023) Analysis & Trends
Innovative Industrial Properties has reported Convertible Debt for 5 years, with the latest figure at $4.4 million in Q4 2023.
- Quarterly Convertible Debt fell 30.55% year-over-year to $4.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $4.4 million (down 30.55% YoY) and the FY2023 annual result came in at $4.4 million, down 30.55% from the prior year.
- Convertible Debt held at $4.4 million in Q4 2023 per IIPR's latest filing, from $4.4 million in the prior quarter.
- Over five years, Convertible Debt peaked at $138.3 million in Q3 2021 and troughed at $4.4 million in Q1 2023.
- A 5-year average of $78.6 million and a median of $133.4 million in 2019 frame the typical range for Convertible Debt.
- The sharpest annual moves came in 2021 and 2022: Convertible Debt climbed 1.55% in 2021, then tumbled 95.39% in 2022.
- Over 5 years, Convertible Debt stood at $134.7 million in 2019, then advanced by 1.51% to $136.7 million in 2020, then slumped by 76.42% to $32.2 million in 2021, then slumped by 80.21% to $6.4 million in 2022, then sank by 30.55% to $4.4 million in 2023.
- According to Business Quant data, Convertible Debt over the past three periods registered $4.4 million, $4.4 million, and $4.4 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - |
| 10 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 4.43 Mn |
| Sep 30, 2023 | 4.42 Mn |
| Jun 30, 2023 | 4.41 Mn |
| Mar 31, 2023 | 4.41 Mn |
| Dec 31, 2022 | 6.38 Mn |
| Sep 30, 2022 | 6.37 Mn |
| Jun 30, 2022 | 6.37 Mn |
| Mar 31, 2022 | 9.37 Mn |
| Dec 31, 2021 | 32.23 Mn |
| Sep 30, 2021 | 138.29 Mn |
| Jun 30, 2021 | 137.75 Mn |
| Mar 31, 2021 | 137.22 Mn |
| Dec 31, 2020 | 136.69 Mn |
| Sep 30, 2020 | 136.17 Mn |
| Jun 30, 2020 | 135.66 Mn |
| Mar 31, 2020 | 135.15 Mn |
| Dec 31, 2019 | 134.65 Mn |
| Sep 30, 2019 | 134.16 Mn |
| Jun 30, 2019 | 133.67 Mn |
| Mar 31, 2019 | 133.20 Mn |