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.
Genprex Inc
Net PP&E was missing, so the physical footprint could not be scored. EBITDA after capex covers debt service by -20.93x, which is below 1.
Physical asset ratio
—Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$10.16MtotalAssetsResult —
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
—Fixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult —
Revenue per dollar of the physical asset base.
Capex / D&A
—Capex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$1.00capitalExpendituresD&A—reconciledDepreciationResult —
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$187.79Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$10.16MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$2.20MtotalLiabTangible book$7.96MShares42,397commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $187.79
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.01xPrice / tangible bookPrice / tangible book per sharePrice$2.04Latest quoteTangible book / share$187.792025-12-31Result 0.01x
Price $2.04.
Fixed-charge coverage
-20.93xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDA-$15.49MebitdaCapex$1.00capitalExpendituresInterest$739.94KinterestExpenseEBITDA − capex-$15.49MShort-term debt was not reported, so the denominator is interest only.Result -20.93x
EBITDA minus capex, divided by interest only.
FCF yield
-929.3%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$15.31MfreeCashFlowMarket cap$1.65MMarketCapitalizationResult -929.3%
Latest free cash flow divided by current market cap ($1.65M).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$15.52MoperatingIncomeTax expense—Not reportedPretax income-$16.23MincomeBeforeTaxTax rate—Equity$7.96MtotalStockholderEquityDebt—Not reportedCash$7.83McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result —
After-tax operating income over equity plus debt minus cash.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 0.3%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&E$24.35KpropertyPlantEquipmentInventory$0.00Not reported, treated as 0Total assets$9.27MtotalAssetsInventory was not reported and is treated as zero.Result 0.3% | 0.00xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$24.35KpropertyPlantEquipmentResult 0.00x | 17.56xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapex$103.32KcapitalExpendituresD&A$5.89KdepreciationAndAmortizationResult 17.56x | $0.62Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$9.27MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$379.45KintangibleAssetsLiabilities$387.82KtotalLiabTangible book$8.50MShares13,771,020commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $0.62 | -95.09xFixed-charge coverage · 2018-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$12.33MebitdaCapex$103.32KcapitalExpendituresInterest$37.98KinterestExpenseShort-term debt$92.75KshortTermDebtEBITDA − capex-$12.43MPrincipal due is short-term debt.Result -95.09x | -$6.95MFree cash flow · 2018-12-31Reported free cash flowOperating cash flow-$6.85MtotalCashFromOperatingActivitiesCapex$103.32KcapitalExpendituresFree cash flow-$6.95MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$6.95M | —ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$12.36MoperatingIncomeTax expense$29.18KincomeTaxExpensePretax income-$12.37MincomeBeforeTaxTax rate—Equity$8.88MtotalStockholderEquityDebt$92.75KshortLongTermDebtTotalCash$8.60McashInvested capital$372.97KROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -507.66xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating income-$12.36MoperatingIncomeNet PP&E$24.35KpropertyPlantEquipmentResult -507.66x |
| 2019 | 23.9%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&E$44.65KpropertyPlantEquipmentInventory$801.78KinventoryTotal assets$3.53MtotalAssetsResult 23.9% | 0.00xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$44.65KpropertyPlantEquipmentResult 0.00x | 72.45xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapex$946.90KcapitalExpendituresD&A$13.07KdepreciationAndAmortizationResult 72.45x | $6.96KTangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$3.53MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$491.20KintangibleAssetsLiabilities$510.68KtotalLiabTangible book$2.53MShares364commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $6.96K | -103.09xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$10.64MebitdaCapex$946.90KcapitalExpendituresInterest$37.98KinterestExpenseShort-term debt$74.43KshortTermDebtEBITDA − capex-$11.59MPrincipal due is short-term debt.Result -103.09x | -$7.87MFree cash flow · 2019-12-31Reported free cash flowOperating cash flow-$6.92MtotalCashFromOperatingActivitiesCapex$946.90KcapitalExpendituresFree cash flow-$7.87MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$7.87M | —ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$10.68MoperatingIncomeTax expense$29.18KincomeTaxExpensePretax income-$10.65MincomeBeforeTaxTax rate—Equity$3.02MtotalStockholderEquityDebt$92.75KshortLongTermDebtTotalCash$2.00McashInvested capital$1.11MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -239.23xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating income-$10.68MoperatingIncomeNet PP&E$44.65KpropertyPlantEquipmentResult -239.23x |
| 2020 | 9.7%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&E$39.44KpropertyPlantEquipmentInventory$3.01MinventoryTotal assets$31.37MtotalAssetsResult 9.7% | 0.00xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$39.44KpropertyPlantEquipmentResult 0.00x | 102.61xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapex$2.34McapitalExpendituresD&A$22.78KdepreciationAndAmortizationResult 102.61x | $37.56KTangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$31.37MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$601.63KintangibleAssetsLiabilities$450.72KtotalLiabTangible book$30.31MShares807commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $37.56K | —Fixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$17.92MebitdaCapex$2.34McapitalExpendituresInterest$0.00interestExpenseShort-term debt—Not reportedEBITDA − capex-$20.26MResult — | -$16.27MFree cash flow · 2020-12-31Reported free cash flowOperating cash flow-$13.94MtotalCashFromOperatingActivitiesCapex$2.34McapitalExpendituresFree cash flow-$16.27MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$16.27M | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$17.96MoperatingIncomeTax expense-$18.81KincomeTaxExpensePretax income-$17.94MincomeBeforeTaxTax rate—Equity$30.92MtotalStockholderEquityDebt—Not reportedCash$27.32McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -455.40xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income-$17.96MoperatingIncomeNet PP&E$39.44KpropertyPlantEquipmentResult -455.40x |
| 2021 | 0.1%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&E$48.61KpropertyPlantEquipmentInventory$0.00Not reported, treated as 0Total assets$42.86MtotalAssetsInventory was not reported and is treated as zero.Result 0.1% | 0.00xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$48.61KpropertyPlantEquipmentResult 0.00x | 3.72xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapex$83.80KcapitalExpendituresD&A$22.53KdepreciationAndAmortizationResult 3.72x | $37.98KTangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$42.86MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$642.36KintangibleAssetsLiabilities$1.59MtotalLiabTangible book$40.63MShares1,070commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $37.98K | -4,037.84xFixed-charge coverage · 2021-12-31(EBITDA − capex) / interestEBITDA-$20.64MebitdaCapex$83.80KcapitalExpendituresInterest$5.13KinterestExpenseEBITDA − capex-$20.73MShort-term debt was not reported, so the denominator is interest only.Result -4,037.84x | -$14.37MFree cash flow · 2021-12-31Reported free cash flowOperating cash flow-$14.28MtotalCashFromOperatingActivitiesCapex$83.80KcapitalExpendituresFree cash flow-$14.37MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$14.37M | —ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$20.67MoperatingIncomeTax expense-$5.13KincomeTaxExpensePretax income-$20.66MincomeBeforeTaxTax rate—Equity$41.28MtotalStockholderEquityDebt—Not reportedCash$38.63McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -425.24xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating income-$20.67MoperatingIncomeNet PP&E$48.61KpropertyPlantEquipmentResult -425.24x |
| 2022 | 0.1%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E$23.03KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$25.09MtotalAssetsInventory was not reported and is treated as zero.Result 0.1% | 0.00xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$23.03KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$4.00capitalExpendituresD&A$25.58KdepreciationAndAmortizationResult 0.00x | $19.79KTangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$25.09MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$702.10KintangibleAssetsLiabilities$2.81MtotalLiabTangible book$21.57MShares1,090commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $19.79K | -1.31xFixed-charge coverage · 2022-12-31(EBITDA − capex) / interestEBITDA-$23.72MebitdaCapex$4.00capitalExpendituresInterest$18.11MinterestExpenseEBITDA − capex-$23.72MShort-term debt was not reported, so the denominator is interest only.Result -1.31x | -$17.78MFree cash flow · 2022-12-31Reported free cash flowOperating cash flow-$17.78MtotalCashFromOperatingActivitiesCapex$4.00capitalExpendituresFree cash flow-$17.78MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$17.78M | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$23.83MoperatingIncomeTax expense$5.72MincomeTaxExpensePretax income-$23.74MincomeBeforeTaxTax rate—Equity$22.27MtotalStockholderEquityDebt—Not reportedCash$20.95McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -1,034.68xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating income-$23.83MoperatingIncomeNet PP&E$23.03KpropertyPlantAndEquipmentNetResult -1,034.68x |
| 2023 | 0.1%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E$7.86KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$10.67MtotalAssetsInventory was not reported and is treated as zero.Result 0.1% | 0.00xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$7.86KpropertyPlantAndEquipmentNetResult 0.00x | 4.76xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$71.38KcapitalExpendituresD&A$15.00KdepreciationAndAmortizationResult 4.76x | $5.34KTangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$10.67MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$773.48KintangibleAssetsLiabilities$3.25MtotalLiabTangible book$6.64MShares1,243commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $5.34K | —Fixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$30.85MebitdaCapex$71.38KcapitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capex-$30.92MResult — | -$24.81MFree cash flow · 2023-12-31Reported free cash flowOperating cash flow-$24.74MtotalCashFromOperatingActivitiesCapex$71.38KcapitalExpendituresFree cash flow-$24.81MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$24.81M | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$31.08MoperatingIncomeTax expense-$4.00incomeTaxExpensePretax income-$30.86MincomeBeforeTaxTax rate—Equity$7.42MtotalStockholderEquityDebt—Not reportedCash$6.74McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -3,954.14xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating income-$31.08MoperatingIncomeNet PP&E$7.86KpropertyPlantAndEquipmentNetResult -3,954.14x |
| 2024 | —Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$4.12MtotalAssetsResult — | —Fixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$6.69KdepreciationAndAmortizationResult 0.00x | $444.85Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$4.12MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$2.50MtotalLiabTangible book$1.62MShares3,642commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $444.85 | —Fixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$21.10MebitdaCapex$0.00capitalExpendituresInterest$0.00interestExpenseShort-term debt—Not reportedEBITDA − capex-$21.10MResult — | -$17.15MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-$17.15MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$17.15MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$17.15M | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$21.17MoperatingIncomeTax expense-$21.37BincomeTaxExpensePretax income-$21.11MincomeBeforeTaxTax rate—Equity$1.62MtotalStockholderEquityDebt—Not reportedCash$1.60McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2024-12-31Operating income / net PP&EOperating income-$21.17MoperatingIncomeNet PP&E—Not reportedResult — |
| 2025 | —Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$10.16MtotalAssetsResult — | —Fixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult — | —Capex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$1.00capitalExpendituresD&A—reconciledDepreciationResult — | $187.79Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$10.16MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$2.20MtotalLiabTangible book$7.96MShares42,397commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $187.79 | -20.93xFixed-charge coverage · 2025-12-31(EBITDA − capex) / interestEBITDA-$15.49MebitdaCapex$1.00capitalExpendituresInterest$739.94KinterestExpenseEBITDA − capex-$15.49MShort-term debt was not reported, so the denominator is interest only.Result -20.93x | -$15.31MFree cash flow · 2025-12-31Reported free cash flowOperating cash flow-$15.31MtotalCashFromOperatingActivitiesCapex$1.00capitalExpendituresFree cash flow-$15.31MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$15.31M | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$15.52MoperatingIncomeTax expense—Not reportedPretax income-$16.23MincomeBeforeTaxTax rate—Equity$7.96MtotalStockholderEquityDebt—Not reportedCash$7.83McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income-$15.52MoperatingIncomeNet PP&E—Not reportedResult — |
- Fixed-charge coverage is EBITDA minus capex, divided by interest. Short-term debt was not reported, so principal due is left out.
- Free-cash-flow yield is extreme. Market cap and free cash flow may be in different units.
Latest year inputs (2025)
Net PP&E: —
Inventory: —
Total assets: $10.16M
Goodwill: $0.00
Intangibles: $0.00
Liabilities: $2.20M
Tangible book: $7.96M
Shares: 42,397
Revenue: $0.00
Capex: $1.00
D&A: —
EBITDA: -$15.49M
Interest: $739.94K
Short-term debt: —
Free cash flow: -$15.31M
Operating income: -$15.52M
Invested capital: —
Tax rate: —