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.
Presurance Holdings, Inc.
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 0.00x depreciation and free cash flow yield is weak, which fits a cash drain on aging assets. EBITDA after capex covers debt service by -0.85x, 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$239.28MtotalAssetsResult —
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$36.94MtotalRevenueNet PP&E—Not reportedResult —
Revenue per dollar of the physical asset base.
Capex / D&A
0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$255.00KdepreciationAndAmortizationResult 0.00x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$3.59Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$239.28MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$2.70MintangibleAssetsLiabilities$230.32MtotalLiabTangible book$6.27MShares1,746,126commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $3.59
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
2.02xPrice / tangible bookPrice / tangible book per sharePrice$7.27Latest quoteTangible book / share$3.592025-12-31Result 2.02x
Price $7.27.
Fixed-charge coverage
-0.85xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$14.86MebitdaCapex$0.00capitalExpendituresInterest$3.19MinterestExpenseShort-term debt$14.38MshortLongTermDebtTotal − longTermDebtEBITDA − capex-$14.86MShort-term debt is total debt minus long-term debt.Result -0.85x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-166.4%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$43.88MfreeCashFlowMarket cap$26.37MMarketCapitalizationResult -166.4%
Latest free cash flow divided by current market cap ($26.37M).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$18.30MoperatingIncomeTax expense$141.00KincomeTaxExpensePretax income-$18.30MincomeBeforeTaxTax rate—Equity$8.97MtotalStockholderEquityDebt$12.19MlongTermDebt + shortLongTermDebtCash$140.39McashAndShortTermInvestmentsInvested capital—Reported 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 —
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 | —Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$232.75MtotalAssetsResult — | —Fixed asset turnover · 2018-12-31Revenue / net PP&ERevenue$94.19MtotalRevenueNet PP&E—Not reportedResult — | 0.22xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapex$86.00KcapitalExpendituresD&A$386.00KdepreciationAndAmortizationResult 0.22x | $34.54Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$232.75MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$190.59MtotalLiabTangible book$42.16MShares1,220,554commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $34.54 | -2.47xFixed-charge coverage · 2018-12-31(EBITDA − capex) / interestEBITDA-$6.44MebitdaCapex$86.00KcapitalExpendituresInterest$2.64MinterestExpenseEBITDA − capex-$6.52MShort-term debt was not reported, so the denominator is interest only.Result -2.47x | -$17.09MFree cash flow · 2018-12-31Reported free cash flowOperating cash flow-$17.01MtotalCashFromOperatingActivitiesCapex$86.00KcapitalExpendituresFree cash flow-$17.09MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$17.09M | —ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$14.19MoperatingIncomeTax expense$52.00KincomeTaxExpensePretax income-$9.47MincomeBeforeTaxTax rate—Equity$42.16MtotalStockholderEquityDebt$33.50MshortLongTermDebtTotalCash$140.16McashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2018-12-31Operating income / net PP&EOperating income-$14.19MoperatingIncomeNet PP&E—Not reportedResult — |
| 2019 | —Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$247.27MtotalAssetsResult — | —Fixed asset turnover · 2019-12-31Revenue / net PP&ERevenue$94.63MtotalRevenueNet PP&E—Not reportedResult — | 0.13xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapex$61.00KcapitalExpendituresD&A$453.00KdepreciationAndAmortizationResult 0.13x | $33.68Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$247.27MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$204.54MtotalLiabTangible book$42.73MShares1,268,587commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $33.68 | -1.20xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$5.79MebitdaCapex$61.00KcapitalExpendituresInterest$2.88MinterestExpenseShort-term debt$2.00MshortTermDebtEBITDA − capex-$5.85MPrincipal due is short-term debt.Result -1.20x | $15.30MFree cash flow · 2019-12-31Reported free cash flowOperating cash flow$15.36MtotalCashFromOperatingActivitiesCapex$61.00KcapitalExpendituresFree cash flow$15.30MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $15.30M | —ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$10.49MoperatingIncomeTax expense-$913.00KincomeTaxExpensePretax income-$9.12MincomeBeforeTaxTax rate—Equity$42.73MtotalStockholderEquityDebt$35.82MshortLongTermDebtTotalCash$169.89McashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2019-12-31Operating income / net PP&EOperating income-$10.49MoperatingIncomeNet PP&E—Not reportedResult — |
| 2020 | —Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$261.60MtotalAssetsResult — | —Fixed asset turnover · 2020-12-31Revenue / net PP&ERevenue$103.49MtotalRevenueNet PP&E—Not reportedResult — | 0.18xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapex$78.00KcapitalExpendituresD&A$437.00KdepreciationAndAmortizationResult 0.18x | $23.40Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$261.60MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$12.24MintangibleAssetsLiabilities$217.18MtotalLiabTangible book$32.17MShares1,375,008commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $23.40 | 1.04xFixed-charge coverage · 2020-12-31(EBITDA − capex) / interestEBITDA$3.12MebitdaCapex$78.00KcapitalExpendituresInterest$2.93MinterestExpenseEBITDA − capex$3.05MShort-term debt was not reported, so the denominator is interest only.Result 1.04x | $2.90MFree cash flow · 2020-12-31Reported free cash flowOperating cash flow$2.98MtotalCashFromOperatingActivitiesCapex$78.00KcapitalExpendituresFree cash flow$2.90MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $2.90M | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$238.00KoperatingIncomeTax expense$6.00KincomeTaxExpensePretax income$601.00KincomeBeforeTaxTax rate1.0%Equity$44.41MtotalStockholderEquityDebt$41.00MshortLongTermDebtTotalCash$173.51McashAndShortTermInvestmentsInvested capital—Result — | —EBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income-$238.00KoperatingIncomeNet PP&E—Not reportedResult — |
| 2021 | —Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$290.40MtotalAssetsResult — | —Fixed asset turnover · 2021-12-31Revenue / net PP&ERevenue$115.96MtotalRevenueNet PP&E—Not reportedResult — | 2.53xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapex$1.07McapitalExpendituresD&A$423.00KdepreciationAndAmortizationResult 2.53x | $20.39Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$290.40MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$12.27MintangibleAssetsLiabilities$249.90MtotalLiabTangible book$28.24MShares1,384,571commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $20.39 | 0.14xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA$1.57MebitdaCapex$1.07McapitalExpendituresInterest$2.85MinterestExpenseShort-term debt$742.00KshortTermDebtEBITDA − capex$494.00KPrincipal due is short-term debt.Result 0.14x | $4.28MFree cash flow · 2021-12-31Operating cash flow − capexOperating cash flow$5.36MtotalCashFromOperatingActivitiesCapex$1.07McapitalExpendituresFree cash flow$4.28MNot reportedReported free cash flow matched operating cash flow, so capex was subtracted.Result $4.28M | —ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$1.71MoperatingIncomeTax expense$208.00KincomeTaxExpensePretax income-$886.00KincomeBeforeTaxTax rate—Equity$40.50MtotalStockholderEquityDebt$33.56MshortLongTermDebtTotalCash$182.71McashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2021-12-31Operating income / net PP&EOperating income-$1.71MoperatingIncomeNet PP&E—Not reportedResult — |
| 2022 | —Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$312.35MtotalAssetsResult — | —Fixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$101.48MtotalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$417.00KdepreciationAndAmortizationResult 0.00x | $5.67Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$312.35MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$10.29MintangibleAssetsLiabilities$293.40MtotalLiabTangible book$8.66MShares1,527,441commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $5.67 | -0.62xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$17.10MebitdaCapex$0.00capitalExpendituresInterest$2.97MinterestExpenseShort-term debt$24.71MshortTermDebtEBITDA − capex-$17.10MPrincipal due is short-term debt.Result -0.62x | -$40.47MFree cash flow · 2022-12-31Reported free cash flowOperating cash flow-$40.47MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$40.47MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$40.47M | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$20.49MoperatingIncomeTax expense-$9.44MincomeTaxExpensePretax income-$20.12MincomeBeforeTaxTax rate—Equity$18.95MtotalStockholderEquityDebt$33.88MshortLongTermDebtTotalCash$164.17McashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2022-12-31Operating income / net PP&EOperating income-$20.49MoperatingIncomeNet PP&E—Not reportedResult — |
| 2023 | —Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$311.80MtotalAssetsResult — | —Fixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$89.97MtotalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$545.00KdepreciationAndAmortizationResult 0.00x | $1.65Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$311.80MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$308.92MtotalLiabTangible book$2.89MShares1,745,787commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $1.65 | -7.45xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$23.88MebitdaCapex$0.00capitalExpendituresInterest$3.21MinterestExpenseShort-term debt$0.00shortLongTermDebtTotal − longTermDebtEBITDA − capex-$23.88MShort-term debt is total debt minus long-term debt.Result -7.45x | -$13.39MFree cash flow · 2023-12-31Reported free cash flowOperating cash flow-$13.39MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$13.39MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$13.39M | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$27.63MoperatingIncomeTax expense-$353.00KincomeTaxExpensePretax income-$27.63MincomeBeforeTaxTax rate—Equity$2.89MtotalStockholderEquityDebt$25.06MshortLongTermDebtTotalCash$153.61McashAndShortTermInvestmentsInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | —EBIT / PP&E · 2023-12-31Operating income / net PP&EOperating income-$27.63MoperatingIncomeNet PP&E—Not reportedResult — |
| 2024 | —Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$281.66MtotalAssetsResult — | —Fixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$66.30MtotalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$1.67MdepreciationAndAmortizationResult 0.00x | $12.33Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$281.66MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$260.13MtotalLiabTangible book$21.53MShares1,746,126commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $12.33 | -6.05xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$29.53MebitdaCapex$0.00capitalExpendituresInterest$4.88MinterestExpenseShort-term debt$0.00shortLongTermDebtTotal − longTermDebtEBITDA − capex-$29.53MShort-term debt is total debt minus long-term debt.Result -6.05x | -$32.68MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-$32.68MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$32.68MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$32.68M | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$36.08MoperatingIncomeTax expense-$1.84MincomeTaxExpensePretax income-$36.08MincomeBeforeTaxTax rate—Equity$21.53MtotalStockholderEquityDebt$11.93MshortLongTermDebtTotalCash$154.47McashAndShortTermInvestmentsInvested 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-$36.08MoperatingIncomeNet PP&E—Not reportedResult — |
| 2025 | —Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$239.28MtotalAssetsResult — | —Fixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$36.94MtotalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$255.00KdepreciationAndAmortizationResult 0.00x | $3.59Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$239.28MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$2.70MintangibleAssetsLiabilities$230.32MtotalLiabTangible book$6.27MShares1,746,126commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result $3.59 | -0.85xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$14.86MebitdaCapex$0.00capitalExpendituresInterest$3.19MinterestExpenseShort-term debt$14.38MshortLongTermDebtTotal − longTermDebtEBITDA − capex-$14.86MShort-term debt is total debt minus long-term debt.Result -0.85x | -$43.88MFree cash flow · 2025-12-31Reported free cash flowOperating cash flow-$43.88MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$43.88MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$43.88M | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$18.30MoperatingIncomeTax expense$141.00KincomeTaxExpensePretax income-$18.30MincomeBeforeTaxTax rate—Equity$8.97MtotalStockholderEquityDebt$12.19MlongTermDebt + shortLongTermDebtCash$140.39McashAndShortTermInvestmentsInvested capital—Reported 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 — | —EBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income-$18.30MoperatingIncomeNet PP&E—Not reportedResult — |
- Principal due is total debt minus long-term debt.
Latest year inputs (2025)
Net PP&E: —
Inventory: —
Total assets: $239.28M
Goodwill: $0.00
Intangibles: $2.70M
Liabilities: $230.32M
Tangible book: $6.27M
Shares: 1,746,126
Revenue: $36.94M
Capex: $0.00
D&A: $255.00K
EBITDA: -$14.86M
Interest: $3.19M
Short-term debt: $14.38M
Free cash flow: -$43.88M
Operating income: -$18.30M
Invested capital: —
Tax rate: —