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.
CareCloud, Inc.
Physical assets are 13.0% of total assets, a light footprint. Capex is 0.47x depreciation while free cash flow yield is positive, which can mean an aging base that is still throwing off cash. ROIC is 19.6%, above an 8% cost-of-capital hurdle.
Fixed-asset turnover is 11.07x. Compare it with other names in the same basket.
Physical asset ratio
13.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$10.88MpropertyPlantAndEquipmentNetInventory$507.00KinventoryTotal assets$87.60MtotalAssetsResult 13.0%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
11.07xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$120.50MtotalRevenueNet PP&E$10.88MpropertyPlantAndEquipmentNetResult 11.07x
Revenue per dollar of the physical asset base.
Capex / D&A
0.47xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$8.03McapitalExpendituresD&A$16.98MdepreciationAndAmortizationResult 0.47x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$0.21Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$87.60MtotalAssetsGoodwill$31.44MgoodWillIntangibles$18.97MintangibleAssetsLiabilities$28.09MtotalLiabTangible book$9.10MShares42,420,432commonStockSharesOutstandingResult $0.21
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
8.07xPrice / tangible bookPrice / tangible book per sharePrice$1.73Latest quoteTangible book / share$0.212025-12-31Result 8.07x
Price $1.73.
Fixed-charge coverage
19.93xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$28.26MebitdaCapex$8.03McapitalExpendituresInterest$287.00KinterestExpenseShort-term debt$728.00KshortLongTermDebtEBITDA − capex$20.23MPrincipal due is the current portion of debt.Result 19.93x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
26.8%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow$20.53MfreeCashFlowMarket cap$76.49MMarketCapitalizationResult 26.8%
Latest free cash flow divided by current market cap ($76.49M).
ROIC
19.6%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$11.50MoperatingIncomeTax expense$199.00KincomeTaxExpensePretax income$11.00MincomeBeforeTaxTax rate1.8%Equity$59.51MtotalStockholderEquityDebt$1.17MlongTermDebt + shortLongTermDebtCash$3.12McashInvested capital$57.56MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 19.6%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 1.06x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 4.8%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&E$1.83MpropertyPlantAndEquipmentNetInventory$444.44KinventoryTotal assets$47.62MtotalAssetsResult 4.8% | 27.59xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenue$50.55MtotalRevenueNet PP&E$1.83MpropertyPlantAndEquipmentNetResult 27.59x | 0.35xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapex$1.03McapitalExpendituresD&A$2.91MdepreciationAndAmortizationResult 0.35x | $1.68Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$47.62MtotalAssetsGoodwill$12.59MgoodWillIntangibles$6.63MintangibleAssetsLiabilities$8.75MtotalLiabTangible book$19.64MShares11,721,232commonStockSharesOutstandingResult $1.68 | -0.09xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$969.17KebitdaCapex$1.03McapitalExpendituresInterest$351.17KinterestExpenseShort-term debt$277.78KshortTermDebtEBITDA − capex-$59.08KPrincipal due is short-term debt.Result -0.09x | $5.78MFree cash flow · 2018-12-31Reported free cash flowOperating cash flow$6.81MtotalCashFromOperatingActivitiesCapex$1.03McapitalExpendituresFree cash flow$5.78MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $5.78M | —ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$2.54MoperatingIncomeTax expense-$157.39KincomeTaxExpensePretax income-$2.30MincomeBeforeTaxTax rate—Equity$38.87MtotalStockholderEquityDebt$500.18KshortLongTermDebtTotalCash$14.47McashInvested capital$24.90MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -1.39xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating income-$2.54MoperatingIncomeNet PP&E$1.83MpropertyPlantAndEquipmentNetResult -1.39x |
| 2019 | 12.3%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&E$6.43MpropertyPlantEquipmentInventory$491.00KinventoryTotal assets$56.40MtotalAssetsResult 12.3% | 10.02xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenue$64.44MtotalRevenueNet PP&E$6.43MpropertyPlantEquipmentResult 10.02x | 0.83xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapex$2.56McapitalExpendituresD&A$3.07MdepreciationAndAmortizationResult 0.83x | $2.00Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$56.40MtotalAssetsGoodwill$12.63MgoodWillIntangibles$5.98MintangibleAssetsLiabilities$13.57MtotalLiabTangible book$24.23MShares12,087,947commonStockSharesOutstandingResult $2.00 | 0.87xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$3.14MebitdaCapex$2.56McapitalExpendituresInterest$383.00KinterestExpenseShort-term debt$283.68KshortLongTermDebtEBITDA − capex$579.84KPrincipal due is the current portion of debt.Result 0.87x | $5.06MFree cash flow · 2019-12-31Reported free cash flowOperating cash flow$7.62MtotalCashFromOperatingActivitiesCapex$2.56McapitalExpendituresFree cash flow$5.06MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $5.06M | —ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$421.10KoperatingIncomeTax expense$192.78KincomeTaxExpensePretax income-$679.02KincomeBeforeTaxTax rate—Equity$42.84MtotalStockholderEquityDebt$366.95KlongTermDebt + shortLongTermDebtCash$19.99McashInvested capital$23.21MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.07xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating income-$421.10KoperatingIncomeNet PP&E$6.43MpropertyPlantEquipmentResult -0.07x |
| 2020 | 9.5%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&E$12.66MpropertyPlantEquipmentInventory$399.00KinventoryTotal assets$138.00MtotalAssetsResult 9.5% | 8.30xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenue$105.12MtotalRevenueNet PP&E$12.66MpropertyPlantEquipmentResult 8.30x | 0.60xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapex$7.75McapitalExpendituresD&A$13.02MdepreciationAndAmortizationResult 0.60x | $1.73Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$138.00MtotalAssetsGoodwill$49.29MgoodWillIntangibles$29.98MintangibleAssetsLiabilities$36.75MtotalLiabTangible book$21.98MShares12,678,845commonStockSharesOutstandingResult $1.73 | -3.32xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$4.80MebitdaCapex$7.75McapitalExpendituresInterest$488.00KinterestExpenseShort-term debt$401.00KshortLongTermDebtEBITDA − capex-$2.95MPrincipal due is the current portion of debt.Result -3.32x | -$8.64MFree cash flow · 2020-12-31Reported free cash flowOperating cash flow-$892.00KtotalCashFromOperatingActivitiesCapex$7.75McapitalExpendituresFree cash flow-$8.64MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$8.64M | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$8.27MoperatingIncomeTax expense$103.00KincomeTaxExpensePretax income-$8.71MincomeBeforeTaxTax rate—Equity$101.25MtotalStockholderEquityDebt$442.00KlongTermDebt + shortLongTermDebtCash$20.93McashInvested capital$80.76MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.65xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income-$8.27MoperatingIncomeNet PP&E$12.66MpropertyPlantEquipmentResult -0.65x |
| 2021 | 9.1%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&E$12.34MpropertyPlantEquipmentInventory$503.00KinventoryTotal assets$140.85MtotalAssetsResult 9.1% | 11.31xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenue$139.60MtotalRevenueNet PP&E$12.34MpropertyPlantEquipmentResult 11.31x | 0.65xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapex$10.56McapitalExpendituresD&A$16.25MdepreciationAndAmortizationResult 0.65x | $0.41Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$140.85MtotalAssetsGoodwill$61.19MgoodWillIntangibles$30.78MintangibleAssetsLiabilities$42.92MtotalLiabTangible book$5.97MShares14,541,061commonStockSharesOutstandingResult $0.41 | 11.43xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$19.70MebitdaCapex$10.56McapitalExpendituresInterest$455.00KinterestExpenseShort-term debt$344.00KshortLongTermDebtEBITDA − capex$9.13MPrincipal due is the current portion of debt.Result 11.43x | $2.77MFree cash flow · 2021-12-31Reported free cash flowOperating cash flow$13.33MtotalCashFromOperatingActivitiesCapex$10.56McapitalExpendituresFree cash flow$2.77MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $2.77M | 3.4%ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$3.53MoperatingIncomeTax expense$157.00KincomeTaxExpensePretax income$2.99MincomeBeforeTaxTax rate5.2%Equity$97.93MtotalStockholderEquityDebt$8.36MlongTermDebt + shortLongTermDebtCash$9.34McashInvested capital$96.96MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 3.4% | 0.29xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating income$3.53MoperatingIncomeNet PP&E$12.34MpropertyPlantEquipmentResult 0.29x |
| 2022 | 7.6%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E$9.98MpropertyPlantAndEquipmentNetInventory$381.00KinventoryTotal assets$136.17MtotalAssetsResult 7.6% | 13.91xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$138.83MtotalRevenueNet PP&E$9.98MpropertyPlantAndEquipmentNetResult 13.91x | 0.75xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$11.77McapitalExpendituresD&A$15.60MdepreciationAndAmortizationResult 0.75x | $0.73Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$136.17MtotalAssetsGoodwill$61.19MgoodWillIntangibles$29.52MintangibleAssetsLiabilities$34.49MtotalLiabTangible book$10.98MShares15,109,587commonStockSharesOutstandingResult $0.73 | 13.61xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$21.62MebitdaCapex$11.77McapitalExpendituresInterest$405.00KinterestExpenseShort-term debt$319.00KshortLongTermDebtEBITDA − capex$9.85MPrincipal due is the current portion of debt.Result 13.61x | $9.38MFree cash flow · 2022-12-31Reported free cash flowOperating cash flow$21.15MtotalCashFromOperatingActivitiesCapex$11.77McapitalExpendituresFree cash flow$9.38MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $9.38M | 6.6%ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$6.61MoperatingIncomeTax expense$177.00KincomeTaxExpensePretax income$5.61MincomeBeforeTaxTax rate3.2%Equity$101.69MtotalStockholderEquityDebt$8.33MlongTermDebt + shortLongTermDebtCash$12.30McashInvested capital$97.72MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 6.6% | 0.66xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating income$6.61MoperatingIncomeNet PP&E$9.98MpropertyPlantAndEquipmentNetResult 0.66x |
| 2023 | 13.0%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E$9.68MpropertyPlantAndEquipmentNetInventory$465.00KinventoryTotal assets$77.83MtotalAssetsResult 13.0% | 12.09xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$117.06MtotalRevenueNet PP&E$9.68MpropertyPlantAndEquipmentNetResult 12.09x | 0.68xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$11.61McapitalExpendituresD&A$17.04MdepreciationAndAmortizationResult 0.68x | -$0.16Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$77.83MtotalAssetsGoodwill$19.19MgoodWillIntangibles$25.07MintangibleAssetsLiabilities$36.11MtotalLiabTangible book-$2.54MShares15,669,472commonStockSharesOutstandingResult -$0.16 | -28.54xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$30.80MebitdaCapex$11.61McapitalExpendituresInterest$1.19MinterestExpenseShort-term debt$292.00KshortLongTermDebtEBITDA − capex-$42.42MPrincipal due is the current portion of debt.Result -28.54x | $3.85MFree cash flow · 2023-12-31Reported free cash flowOperating cash flow$15.46MtotalCashFromOperatingActivitiesCapex$11.61McapitalExpendituresFree cash flow$3.85MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $3.85M | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$47.12MoperatingIncomeTax expense-$364.00KincomeTaxExpensePretax income-$49.04MincomeBeforeTaxTax rate—Equity$41.72MtotalStockholderEquityDebt$14.73MshortLongTermDebtTotalCash$3.33McashInvested capital$53.12MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -4.87xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating income-$47.12MoperatingIncomeNet PP&E$9.68MpropertyPlantAndEquipmentNetResult -4.87x |
| 2024 | 12.6%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E$8.42MpropertyPlantAndEquipmentNetInventory$574.00KinventoryTotal assets$71.61MtotalAssetsResult 12.6% | 13.16xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$110.84MtotalRevenueNet PP&E$8.42MpropertyPlantAndEquipmentNetResult 13.16x | 0.10xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$1.70McapitalExpendituresD&A$16.46MdepreciationAndAmortizationResult 0.10x | $0.74Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$71.61MtotalAssetsGoodwill$19.19MgoodWillIntangibles$18.70MintangibleAssetsLiabilities$21.84MtotalLiabTangible book$11.89MShares16,146,975commonStockSharesOutstandingResult $0.74 | 19.57xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$25.37MebitdaCapex$1.70McapitalExpendituresInterest$900.00KinterestExpenseShort-term debt$310.00KshortLongTermDebtEBITDA − capex$23.68MPrincipal due is the current portion of debt.Result 19.57x | $18.95MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow$20.64MtotalCashFromOperatingActivitiesCapex$1.70McapitalExpendituresFree cash flow$18.95MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $18.95M | 19.9%ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$9.12MoperatingIncomeTax expense$160.00KincomeTaxExpensePretax income$8.01MincomeBeforeTaxTax rate2.0%Equity$49.77MtotalStockholderEquityDebt$336.00KlongTermDebt + shortLongTermDebtCash$5.15McashInvested capital$44.97MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 19.9% | 1.08xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating income$9.12MoperatingIncomeNet PP&E$8.42MpropertyPlantAndEquipmentNetResult 1.08x |
| 2025 | 13.0%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$10.88MpropertyPlantAndEquipmentNetInventory$507.00KinventoryTotal assets$87.60MtotalAssetsResult 13.0% | 11.07xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$120.50MtotalRevenueNet PP&E$10.88MpropertyPlantAndEquipmentNetResult 11.07x | 0.47xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$8.03McapitalExpendituresD&A$16.98MdepreciationAndAmortizationResult 0.47x | $0.21Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$87.60MtotalAssetsGoodwill$31.44MgoodWillIntangibles$18.97MintangibleAssetsLiabilities$28.09MtotalLiabTangible book$9.10MShares42,420,432commonStockSharesOutstandingResult $0.21 | 19.93xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$28.26MebitdaCapex$8.03McapitalExpendituresInterest$287.00KinterestExpenseShort-term debt$728.00KshortLongTermDebtEBITDA − capex$20.23MPrincipal due is the current portion of debt.Result 19.93x | $20.53MFree cash flow · 2025-12-31Reported free cash flowOperating cash flow$28.56MtotalCashFromOperatingActivitiesCapex$8.03McapitalExpendituresFree cash flow$20.53MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $20.53M | 19.6%ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$11.50MoperatingIncomeTax expense$199.00KincomeTaxExpensePretax income$11.00MincomeBeforeTaxTax rate1.8%Equity$59.51MtotalStockholderEquityDebt$1.17MlongTermDebt + shortLongTermDebtCash$3.12McashInvested capital$57.56MReported total debt was more than 1.5× long-term debt plus the current portion, so invested capital uses those two lines.Result 19.6% | 1.06xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income$11.50MoperatingIncomeNet PP&E$10.88MpropertyPlantAndEquipmentNetResult 1.06x |
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $10.88M
Inventory: $507.00K
Total assets: $87.60M
Goodwill: $31.44M
Intangibles: $18.97M
Liabilities: $28.09M
Tangible book: $9.10M
Shares: 42,420,432
Revenue: $120.50M
Capex: $8.03M
D&A: $16.98M
EBITDA: $28.26M
Interest: $287.00K
Short-term debt: $728.00K
Free cash flow: $20.53M
Operating income: $11.50M
Invested capital: $57.56M
Tax rate: 1.8%