Capital Intensity
Score how much of a company is physical plant, inventory, and equipment, whether that base is being maintained, and whether the shares have tangible backing.
BankFinancial Corporation
Banks, insurers, and other financials hold few plants and little inventory, so a physical-asset screen is a poor fit. The ratios below are still the latest annual figures. Capex is 12.85x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. EBITDA after capex covers debt service by 0.15x, which is below 1.
Fixed-asset turnover is 3.25x. Compare it with other names in the same basket.
Physical asset ratio
1.6%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E$22.89MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$1.43BtotalAssetsInventory was not reported and is treated as zero.Result 1.6%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
3.25xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$74.38MtotalRevenueNet PP&E$22.89MpropertyPlantAndEquipmentNetResult 3.25x
Revenue per dollar of the physical asset base.
Capex / D&A
12.85xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$2.10McapitalExpendituresD&A$163.00KdepreciationAndAmortizationResult 12.85x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$12.55Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.43BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$1.28BtotalLiabTangible book$156.38MShares12,463,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $12.55
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice—Latest quoteTangible book / share$12.552024-12-31A live quote was not available, so price / tangible book could not be calculated.Result —
Quote unavailable.
Fixed-charge coverage
0.15xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$5.18MebitdaCapex$2.10McapitalExpendituresInterest$20.13MinterestExpenseShort-term debt$0.00shortLongTermDebtTotal − longTermDebtEBITDA − capex$3.09MShort-term debt is total debt minus long-term debt.Result 0.15x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
3.7%Free cash flow yield · 2024-12-31Latest free cash flow / current market capFree cash flow$5.47MfreeCashFlowMarket cap$149.53MMarketCapitalizationResult 3.7%
Latest free cash flow divided by current market cap ($149.53M).
ROIC
—ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$5.02MoperatingIncomeTax expense$948.00KincomeTaxExpensePretax income$5.02MincomeBeforeTaxTax rate18.9%Equity$156.38MtotalStockholderEquityDebt$38.74MshortLongTermDebtTotalCash$414.82McashAndShortTermInvestmentsInvested capital—Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.22x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2017 | 1.7%Physical asset ratio · 2017-12-31(Net PP&E + inventory) / total assetsNet PP&E$24.86MpropertyPlantEquipmentInventory$2.35MinventoryTotal assets$1.63BtotalAssetsResult 1.7% | 2.52xFixed asset turnover · 2017-12-31Revenue / net PP&ERevenue$62.59MtotalRevenueNet PP&E$24.86MpropertyPlantEquipmentResult 2.52x | 0.26xCapex / D&A · 2017-12-31Capital expenditures / depreciation and amortizationCapex$1.13McapitalExpendituresD&A$4.39MdepreciationAndAmortizationResult 0.26x | $10.74Tangible book / share · 2017-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.63BtotalAssetsGoodwill$0.00goodWillIntangibles$286.00KintangibleAssetsLiabilities$1.43BtotalLiabTangible book$197.35MShares18,376,000commonStockSharesOutstandingResult $10.74 | 0.29xFixed-charge coverage · 2017-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$20.59MebitdaCapex$1.13McapitalExpendituresInterest$6.09MinterestExpenseShort-term debt$60.77MshortTermDebtEBITDA − capex$19.46MPrincipal due is short-term debt.Result 0.29x | $21.60MFree cash flow · 2017-12-31Reported free cash flowOperating cash flow$22.73MtotalCashFromOperatingActivitiesCapex$1.13McapitalExpendituresFree cash flow$21.60MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $21.60M | 26.0%ROIC · 2017-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$16.19MoperatingIncomeTax expense$7.19MincomeTaxExpensePretax income$16.19MincomeBeforeTaxTax rate40.0%Equity$197.63MtotalStockholderEquityDebt$60.77MshortLongTermDebtTotalCash$220.98McashAndShortTermInvestmentsInvested capital$37.43MThe effective tax rate was above 40% and was capped at 40%.Result 26.0% | 0.65xEBIT / PP&E · 2017-12-31Operating income / net PP&EOperating income$16.19MoperatingIncomeNet PP&E$24.86MpropertyPlantEquipmentResult 0.65x |
| 2018 | 1.7%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&E$25.21MpropertyPlantEquipmentInventory$1.23MinventoryTotal assets$1.59BtotalAssetsResult 1.7% | 3.02xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenue$76.07MtotalRevenueNet PP&E$25.21MpropertyPlantEquipmentResult 3.02x | 0.89xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapex$1.61McapitalExpendituresD&A$1.81MdepreciationAndAmortizationResult 0.89x | $10.73Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.59BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$102.00KintangibleAssetsLiabilities$1.40BtotalLiabTangible book$187.05MShares17,434,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $10.73 | 0.86xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$27.77MebitdaCapex$1.61McapitalExpendituresInterest$9.22MinterestExpenseShort-term debt$21.05MshortTermDebtEBITDA − capex$26.16MPrincipal due is short-term debt.Result 0.86x | $19.08MFree cash flow · 2018-12-31Reported free cash flowOperating cash flow$20.69MtotalCashFromOperatingActivitiesCapex$1.61McapitalExpendituresFree cash flow$19.08MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $19.08M | 88.7%ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$26.05MoperatingIncomeTax expense$6.71MincomeTaxExpensePretax income$26.05MincomeBeforeTaxTax rate25.7%Equity$187.15MtotalStockholderEquityDebt$21.05MshortLongTermDebtTotalCash$186.38McashAndShortTermInvestmentsInvested capital$21.82MResult 88.7% | 1.03xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating income$26.05MoperatingIncomeNet PP&E$25.21MpropertyPlantEquipmentResult 1.03x |
| 2019 | -11.5%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&E$24.35MpropertyPlantEquipmentInventory-$195.07MinventoryTotal assets$1.49BtotalAssetsResult -11.5% | 2.94xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenue$71.58MtotalRevenueNet PP&E$24.35MpropertyPlantEquipmentResult 2.94x | 0.45xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapex$798.00KcapitalExpendituresD&A$1.76MdepreciationAndAmortizationResult 0.45x | $11.18Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.49BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$41.00KintangibleAssetsLiabilities$1.31BtotalLiabTangible book$174.33MShares15,595,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $11.18 | 1.19xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$17.66MebitdaCapex$798.00KcapitalExpendituresInterest$13.22MinterestExpenseShort-term debt$967.00KshortTermDebtEBITDA − capex$16.86MPrincipal due is short-term debt.Result 1.19x | $20.58MFree cash flow · 2019-12-31Reported free cash flowOperating cash flow$21.37MtotalCashFromOperatingActivitiesCapex$798.00KcapitalExpendituresFree cash flow$20.58MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $20.58M | —ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$15.90MoperatingIncomeTax expense$4.23MincomeTaxExpensePretax income$15.90MincomeBeforeTaxTax rate26.6%Equity$174.37MtotalStockholderEquityDebt$61.00KshortLongTermDebtTotalCash$250.52McashAndShortTermInvestmentsInvested capital—Result — | 0.65xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating income$15.90MoperatingIncomeNet PP&E$24.35MpropertyPlantEquipmentResult 0.65x |
| 2020 | -30.2%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&E$24.68MpropertyPlantEquipmentInventory-$507.59MinventoryTotal assets$1.60BtotalAssetsResult -30.2% | 2.36xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenue$58.24MtotalRevenueNet PP&E$24.68MpropertyPlantEquipmentResult 2.36x | 1.12xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapex$2.01McapitalExpendituresD&A$1.79MdepreciationAndAmortizationResult 1.12x | $11.57Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.60BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$7.00KintangibleAssetsLiabilities$1.42BtotalLiabTangible book$172.92MShares14,952,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $11.57 | 1.14xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$14.55MebitdaCapex$2.01McapitalExpendituresInterest$6.99MinterestExpenseShort-term debt$4.00MshortTermDebtEBITDA − capex$12.54MPrincipal due is short-term debt.Result 1.14x | $11.51MFree cash flow · 2020-12-31Reported free cash flowOperating cash flow$13.52MtotalCashFromOperatingActivitiesCapex$2.01McapitalExpendituresFree cash flow$11.51MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $11.51M | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$12.76MoperatingIncomeTax expense$3.60MincomeTaxExpensePretax income$12.76MincomeBeforeTaxTax rate28.2%Equity$172.93MtotalStockholderEquityDebt$8.00MshortLongTermDebtTotalCash$527.33McashAndShortTermInvestmentsInvested capital—Result — | 0.52xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income$12.76MoperatingIncomeNet PP&E$24.68MpropertyPlantEquipmentResult 0.52x |
| 2021 | -28.4%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&E$25.04MpropertyPlantEquipmentInventory-$507.54MinventoryTotal assets$1.70BtotalAssetsResult -28.4% | 2.09xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenue$52.26MtotalRevenueNet PP&E$25.04MpropertyPlantEquipmentResult 2.09x | 1.13xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapex$2.34McapitalExpendituresD&A$2.07MdepreciationAndAmortizationResult 1.13x | $11.22Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.70BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$1.54BtotalLiabTangible book$157.47MShares14,031,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $11.22 | 1.22xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$11.83MebitdaCapex$2.34McapitalExpendituresInterest$2.79MinterestExpenseShort-term debt$5.00MshortTermDebtEBITDA − capex$9.50MPrincipal due is short-term debt.Result 1.22x | $5.43MFree cash flow · 2021-12-31Reported free cash flowOperating cash flow$7.77MtotalCashFromOperatingActivitiesCapex$2.34McapitalExpendituresFree cash flow$5.43MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $5.43M | —ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$9.76MoperatingIncomeTax expense$2.35MincomeTaxExpensePretax income$9.76MincomeBeforeTaxTax rate24.1%Equity$157.47MtotalStockholderEquityDebt$24.59MshortLongTermDebtTotalCash$587.86McashAndShortTermInvestmentsInvested capital—Result — | 0.39xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating income$9.76MoperatingIncomeNet PP&E$25.04MpropertyPlantEquipmentResult 0.39x |
| 2022 | 57.4%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E$24.96MpropertyPlantEquipmentInventory$879.76MinventoryTotal assets$1.58BtotalAssetsResult 57.4% | 2.46xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$61.27MtotalRevenueNet PP&E$24.96MpropertyPlantEquipmentResult 2.46x | 1.54xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$1.94McapitalExpendituresD&A$1.26MdepreciationAndAmortizationResult 1.54x | $11.60Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.58BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$1.42BtotalLiabTangible book$151.67MShares13,071,742commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $11.60 | 2.30xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$15.10MebitdaCapex$1.94McapitalExpendituresInterest$4.48MinterestExpenseShort-term debt$1.24MshortTermDebtEBITDA − capex$13.15MPrincipal due is short-term debt.Result 2.30x | $7.35MFree cash flow · 2022-12-31Reported free cash flowOperating cash flow$9.29MtotalCashFromOperatingActivitiesCapex$1.94McapitalExpendituresFree cash flow$7.35MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $7.35M | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$13.84MoperatingIncomeTax expense$3.34MincomeTaxExpensePretax income$13.84MincomeBeforeTaxTax rate24.1%Equity$151.67MtotalStockholderEquityDebt$20.87MshortLongTermDebtTotalCash$277.11McashAndShortTermInvestmentsInvested capital—Result — | 0.55xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating income$13.84MoperatingIncomeNet PP&E$24.96MpropertyPlantEquipmentResult 0.55x |
| 2023 | -70.9%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E$22.95MpropertyPlantAndEquipmentNetInventory-$1.08BinventoryTotal assets$1.49BtotalAssetsResult -70.9% | 3.10xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$71.17MtotalRevenueNet PP&E$22.95MpropertyPlantAndEquipmentNetResult 3.10x | 1.22xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$1.87McapitalExpendituresD&A$1.54MdepreciationAndAmortizationResult 1.22x | $12.31Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.49BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$1.33BtotalLiabTangible book$155.38MShares12,623,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $12.31 | 0.27xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$14.29MebitdaCapex$1.87McapitalExpendituresInterest$14.33MinterestExpenseShort-term debt$31.13MshortTermDebtEBITDA − capex$12.42MPrincipal due is short-term debt.Result 0.27x | $7.35MFree cash flow · 2023-12-31Reported free cash flowOperating cash flow$9.22MtotalCashFromOperatingActivitiesCapex$1.87McapitalExpendituresFree cash flow$7.35MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $7.35M | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$12.75MoperatingIncomeTax expense$3.36MincomeTaxExpensePretax income$12.75MincomeBeforeTaxTax rate26.3%Equity$155.38MtotalStockholderEquityDebt$44.68MshortLongTermDebtTotalCash$361.20McashAndShortTermInvestmentsInvested capital—Result — | 0.56xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating income$12.75MoperatingIncomeNet PP&E$22.95MpropertyPlantAndEquipmentNetResult 0.56x |
| 2024 | 1.6%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E$22.89MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$1.43BtotalAssetsInventory was not reported and is treated as zero.Result 1.6% | 3.25xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$74.38MtotalRevenueNet PP&E$22.89MpropertyPlantAndEquipmentNetResult 3.25x | 12.85xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$2.10McapitalExpendituresD&A$163.00KdepreciationAndAmortizationResult 12.85x | $12.55Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$1.43BtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$1.28BtotalLiabTangible book$156.38MShares12,463,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $12.55 | 0.15xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$5.18MebitdaCapex$2.10McapitalExpendituresInterest$20.13MinterestExpenseShort-term debt$0.00shortLongTermDebtTotal − longTermDebtEBITDA − capex$3.09MShort-term debt is total debt minus long-term debt.Result 0.15x | $5.47MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow$7.56MtotalCashFromOperatingActivitiesCapex$2.10McapitalExpendituresFree cash flow$5.47MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $5.47M | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$5.02MoperatingIncomeTax expense$948.00KincomeTaxExpensePretax income$5.02MincomeBeforeTaxTax rate18.9%Equity$156.38MtotalStockholderEquityDebt$38.74MshortLongTermDebtTotalCash$414.82McashAndShortTermInvestmentsInvested capital—Result — | 0.22xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating income$5.02MoperatingIncomeNet PP&E$22.89MpropertyPlantAndEquipmentNetResult 0.22x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Principal due is total debt minus long-term debt.
Latest year inputs (2024)
Net PP&E: $22.89M
Inventory: $0.00
Total assets: $1.43B
Goodwill: $0.00
Intangibles: $0.00
Liabilities: $1.28B
Tangible book: $156.38M
Shares: 12,463,000
Revenue: $74.38M
Capex: $2.10M
D&A: $163.00K
EBITDA: $5.18M
Interest: $20.13M
Short-term debt: $0.00
Free cash flow: $5.47M
Operating income: $5.02M
Invested capital: —
Tax rate: 18.9%