IIPRPA.PFD (Innovative Industrial Properties) Long-Term Debt: $290.98 Mil (As of Mar. 2026)


IIPRPA.PFD Innovative Industrial Properties Inc IIPRPA.PFD
77 GF Score
Price $24.65
! 12 Warning Signs
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What is Innovative Industrial Properties Long-Term Debt?

Innovative Industrial Properties IIPRPA.PFD -0.72% 77 Long-Term Debt is $290.98 Mil as of Mar. 2026. GuruFocus rates IIPRPA.PFD with a GF Score™ of 77/100. The stock has 12 warning signs investors should review.

Innovative Industrial Properties's Long-Term Debt for the quarter that ended in Mar. 2026 was $290.98 Mil.

Innovative Industrial Properties's quarterly Long-Term Debt increased from Sep. 2025 ($290.23 Mil) to Dec. 2025 ($290.60 Mil) and increased from Dec. 2025 ($290.60 Mil) to Mar. 2026 ($290.98 Mil).

Innovative Industrial Properties's annual Long-Term Debt declined from Dec. 2023 ($300.88 Mil) to Dec. 2024 ($297.87 Mil) and declined from Dec. 2024 ($297.87 Mil) to Dec. 2025 ($290.60 Mil).

Innovative Industrial Properties  (NYSE:IIPRpA.PFD) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Innovative Industrial Properties Long-Term Debt Related Terms

Innovative Industrial Properties Long-Term Debt Historical Data

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The historical data trend for Innovative Industrial Properties's Long-Term Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innovative Industrial Properties Long-Term Debt Chart

Innovative Industrial Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 326.09 301.50 300.88 297.87 290.60

Innovative Industrial Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Long-Term Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 289.50 289.86 290.23 290.60 290.98
IIPRPA.PFD
77GF Score
Innovative Industrial Properties Inc IIPRPA.PFD
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $290.98 Mil mean?
Innovative Industrial Properties (IIPRPA.PFD) has a Long-Term Debt of $290.98 Mil as of Mar. 2026.
Is Innovative Industrial Properties' Long-Term Debt too high?
Innovative Industrial Properties' current Long-Term Debt is $290.98 Mil. Overall, Innovative Industrial Properties has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' Long-Term Debt compare to SMA and ILPT?
Innovative Industrial Properties' Long-Term Debt of $290.98 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a REITs company?
A good Long-Term Debt depends on the REITs industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Innovative Industrial Properties's current Long-Term Debt is $290.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Innovative Industrial Properties (IIPRPA.PFD) has a current Long-Term Debt of $290.98 Mil. The current Long-Term Debt is $290.98 Mil. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Innovative Industrial Properties (IIPRPA.PFD), the current Long-Term Debt is $290.98 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innovative Industrial Properties Business Description

Industry Real EstateREITs
Other Exchanges IIPR:USA0JBD:UK1IK:Germany
Address 1389 Center Drive, Suite 200, Park City, UT, USA, 84098
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
77GF Score

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Long-Term Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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