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.
Capstone Energy Plus, Inc. Common Stock
Physical assets are 47.5% of total assets, a mixed footprint. Capex is 0.20x depreciation and free cash flow yield is weak, which fits a cash drain on aging assets. EBITDA after capex covers debt service by 0.35x, which is below 1.
Energy, materials, and industrial names often turn net PP&E at about 1x to 3x. This name is at 3.44x.
Physical asset ratio
47.5%Physical asset ratio · 2026-03-31(Net PP&E + inventory) / total assetsNet PP&E$30.83MpropertyPlantAndEquipmentNetInventory$22.11MinventoryTotal assets$111.45MtotalAssetsResult 47.5%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
3.44xFixed asset turnover · 2026-03-31Revenue / net PP&ERevenue$106.00MtotalRevenueNet PP&E$30.83MpropertyPlantAndEquipmentNetResult 3.44x
Revenue per dollar of the physical asset base.
Capex / D&A
0.20xCapex / D&A · 2026-03-31Capital expenditures / depreciation and amortizationCapex$835.00KcapitalExpendituresD&A$4.28MdepreciationAndAmortizationResult 0.20x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$2.40Tangible book / share · 2026-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$111.45MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$5.55MintangibleAssetsLiabilities$155.92MtotalLiabTangible book-$50.01MShares20,833,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result -$2.40
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice$2.77Latest quoteTangible book / share-$2.402026-03-31Tangible book per share is not positive, so the multiple is left blank.Result —
Price $2.77.
Fixed-charge coverage
0.35xFixed-charge coverage · 2026-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA$11.20MebitdaCapex$835.00KcapitalExpendituresInterest$4.15MinterestExpenseShort-term debt$25.32MshortLongTermDebtEBITDA − capex$10.36MPrincipal due is the current portion of debt.Result 0.35x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-3.4%Free cash flow yield · 2026-03-31Latest free cash flow / current market capFree cash flow-$3.36MfreeCashFlowMarket cap$100.15MMarketCapitalizationResult -3.4%
Latest free cash flow divided by current market cap ($100.15M).
ROIC
—ROIC · 2026-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$3.39MoperatingIncomeTax expense-$54.00KincomeTaxExpensePretax income$2.77MincomeBeforeTaxTax rate0.0%Equity-$44.47MtotalStockholderEquityDebt$37.83MshortLongTermDebtTotalCash$28.18McashInvested capital—Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is 0.11x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2022 | 36.2%Physical asset ratio · 2022-03-31(Net PP&E + inventory) / total assetsNet PP&E$18.04MpropertyPlantAndEquipmentNetInventory$18.47MinventoryTotal assets$100.77MtotalAssetsResult 36.2% | 3.86xFixed asset turnover · 2022-03-31Revenue / net PP&ERevenue$69.65MtotalRevenueNet PP&E$18.04MpropertyPlantAndEquipmentNetResult 3.86x | 3.86xCapex / D&A · 2022-03-31Capital expenditures / depreciation and amortizationCapex$9.92McapitalExpendituresD&A$2.57MreconciledDepreciationResult 3.86x | $0.35Tangible book / share · 2022-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$100.77MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$95.36MtotalLiabTangible book$5.41MShares15,296,735commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.35 | -3.97xFixed-charge coverage · 2022-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$12.62MebitdaCapex$9.92McapitalExpendituresInterest$5.00MinterestExpenseShort-term debt$675.00KshortLongTermDebtEBITDA − capex-$22.54MPrincipal due is the current portion of debt.Result -3.97x | -$37.42MFree cash flow · 2022-03-31Reported free cash flowOperating cash flow-$27.50MtotalCashFromOperatingActivitiesCapex$9.92McapitalExpendituresFree cash flow-$37.42MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$37.42M | —ROIC · 2022-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$17.80MoperatingIncomeTax expense$19.00KtaxProvisionPretax income-$20.19MincomeBeforeTaxTax rate—Equity$5.41MtotalStockholderEquityDebt$57.43MlongTermDebt + shortLongTermDebtCash$22.56McashInvested capital$40.29MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.99xEBIT / PP&E · 2022-03-31Operating income / net PP&EOperating income-$17.80MoperatingIncomeNet PP&E$18.04MpropertyPlantAndEquipmentNetResult -0.99x |
| 2024 | 75.0%Physical asset ratio · 2024-03-31(Net PP&E + inventory) / total assetsNet PP&E$42.52MpropertyPlantAndEquipmentNetInventory$20.64MinventoryTotal assets$84.21MtotalAssetsResult 75.0% | 2.15xFixed asset turnover · 2024-03-31Revenue / net PP&ERevenue$91.22MtotalRevenueNet PP&E$42.52MpropertyPlantAndEquipmentNetResult 2.15x | 1.17xCapex / D&A · 2024-03-31Capital expenditures / depreciation and amortizationCapex$4.67McapitalExpendituresD&A$3.99MreconciledDepreciationResult 1.17x | -$0.04Tangible book / share · 2024-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$84.21MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$84.99MtotalLiabTangible book-$787.00KShares19,049,264commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$0.04 | 0.36xFixed-charge coverage · 2024-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA$16.92MebitdaCapex$4.67McapitalExpendituresInterest$5.53MinterestExpenseShort-term debt$28.91MshortLongTermDebtEBITDA − capex$12.25MPrincipal due is the current portion of debt.Result 0.36x | -$32.33MFree cash flow · 2024-03-31Reported free cash flowOperating cash flow-$27.66MtotalCashFromOperatingActivitiesCapex$4.67McapitalExpendituresFree cash flow-$32.33MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$32.33M | -166.8%ROIC · 2024-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$20.35MoperatingIncomeTax expense$14.00KtaxProvisionPretax income$7.41MincomeBeforeTaxTax rate0.2%Equity-$14.65MtotalStockholderEquityDebt$28.91MshortLongTermDebtCash$2.09McashInvested capital$12.18MResult -166.8% | -0.48xEBIT / PP&E · 2024-03-31Operating income / net PP&EOperating income-$20.35MoperatingIncomeNet PP&E$42.52MpropertyPlantAndEquipmentNetResult -0.48x |
| 2025 | 64.2%Physical asset ratio · 2025-03-31(Net PP&E + inventory) / total assetsNet PP&E$31.43MpropertyPlantAndEquipmentNetInventory$16.62MinventoryTotal assets$74.86MtotalAssetsResult 64.2% | 2.72xFixed asset turnover · 2025-03-31Revenue / net PP&ERevenue$85.56MtotalRevenueNet PP&E$31.43MpropertyPlantAndEquipmentNetResult 2.72x | 0.23xCapex / D&A · 2025-03-31Capital expenditures / depreciation and amortizationCapex$879.00KcapitalExpendituresD&A$3.86MreconciledDepreciationResult 0.23x | -$0.41Tangible book / share · 2025-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$74.86MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$82.63MtotalLiabTangible book-$7.76MShares19,152,062commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$0.41 | -0.01xFixed-charge coverage · 2025-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA$787.00KebitdaCapex$879.00KcapitalExpendituresInterest$3.94MinterestExpenseShort-term debt$7.97MshortLongTermDebtEBITDA − capex-$92.00KPrincipal due is the current portion of debt.Result -0.01x | $6.81MFree cash flow · 2025-03-31Reported free cash flowOperating cash flow$7.69MtotalCashFromOperatingActivitiesCapex$879.00KcapitalExpendituresFree cash flow$6.81MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $6.81M | —ROIC · 2025-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$5.57MoperatingIncomeTax expense$175.00KtaxProvisionPretax income-$7.02MincomeBeforeTaxTax rate—Equity-$21.62MtotalStockholderEquityDebt$32.18MlongTermDebt + shortLongTermDebtCash$8.67McashInvested capital$1.89MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.18xEBIT / PP&E · 2025-03-31Operating income / net PP&EOperating income-$5.57MoperatingIncomeNet PP&E$31.43MpropertyPlantAndEquipmentNetResult -0.18x |
| 2026 | 47.5%Physical asset ratio · 2026-03-31(Net PP&E + inventory) / total assetsNet PP&E$30.83MpropertyPlantAndEquipmentNetInventory$22.11MinventoryTotal assets$111.45MtotalAssetsResult 47.5% | 3.44xFixed asset turnover · 2026-03-31Revenue / net PP&ERevenue$106.00MtotalRevenueNet PP&E$30.83MpropertyPlantAndEquipmentNetResult 3.44x | 0.20xCapex / D&A · 2026-03-31Capital expenditures / depreciation and amortizationCapex$835.00KcapitalExpendituresD&A$4.28MdepreciationAndAmortizationResult 0.20x | -$2.40Tangible book / share · 2026-03-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$111.45MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$5.55MintangibleAssetsLiabilities$155.92MtotalLiabTangible book-$50.01MShares20,833,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result -$2.40 | 0.35xFixed-charge coverage · 2026-03-31(EBITDA − capex) / (interest + short-term debt)EBITDA$11.20MebitdaCapex$835.00KcapitalExpendituresInterest$4.15MinterestExpenseShort-term debt$25.32MshortLongTermDebtEBITDA − capex$10.36MPrincipal due is the current portion of debt.Result 0.35x | -$3.36MFree cash flow · 2026-03-31Reported free cash flowOperating cash flow-$2.53MtotalCashFromOperatingActivitiesCapex$835.00KcapitalExpendituresFree cash flow-$3.36MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$3.36M | —ROIC · 2026-03-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income$3.39MoperatingIncomeTax expense-$54.00KincomeTaxExpensePretax income$2.77MincomeBeforeTaxTax rate0.0%Equity-$44.47MtotalStockholderEquityDebt$37.83MshortLongTermDebtTotalCash$28.18McashInvested capital—Result — | 0.11xEBIT / PP&E · 2026-03-31Operating income / net PP&EOperating income$3.39MoperatingIncomeNet PP&E$30.83MpropertyPlantAndEquipmentNetResult 0.11x |
- Principal due is the current portion of debt.
Latest year inputs (2026)
Net PP&E: $30.83M
Inventory: $22.11M
Total assets: $111.45M
Goodwill: $0.00
Intangibles: $5.55M
Liabilities: $155.92M
Tangible book: -$50.01M
Shares: 20,833,000
Revenue: $106.00M
Capex: $835.00K
D&A: $4.28M
EBITDA: $11.20M
Interest: $4.15M
Short-term debt: $25.32M
Free cash flow: -$3.36M
Operating income: $3.39M
Invested capital: —
Tax rate: 0.0%