Innovative Industrial (IIPR)

Net assets on the balance sheet as of September 2024 : HK$15.12 Billion

According to Innovative Industrial 's latest financial reports the company has HK$15.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Innovative Industrial - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$15.25 B	-0.5%
2022-12-31	$HK$15.32 B	21.97%
2021-12-31	$HK$12.56 B	6.31%
2020-12-31	$HK$11.82 B	176.99%
2019-12-31	$HK$4.26 B	106.22%
2018-12-31	$HK$2.06 B	260.17%
2017-12-31	$HK$0.57 B	22.61%
2016-12-31	$HK$0.46 B
2016-09-30	$HK$0 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NexPoint Real Estate Finance NREF	HK$3.27 B	-78.32%	🇺🇸 USA
Gladstone Land LAND	HK$5.37 B	-64.49%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Innovative Industrial (IIPR) - Net assets

Net assets on the balance sheet as of September 2024 : HK$15.12 Billion