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.
SharonAI Holdings, Inc. Class A Common Stock
Physical assets are 16.8% of total assets, a light footprint. Capex is 2.96x depreciation and free cash flow yield is negative, so the physical base is expanding and consuming cash. EBITDA after capex covers debt service by -0.36x, which is below 1.
Technology and communication names are often asset-light, with fixed-asset turnover above 5x. This name is at 0.07x.
Physical asset ratio
16.8%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$22.35MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$133.14MtotalAssetsInventory was not reported and is treated as zero.Result 16.8%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
0.07xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$1.57MtotalRevenueNet PP&E$22.35MpropertyPlantAndEquipmentNetResult 0.07x
Revenue per dollar of the physical asset base.
Capex / D&A
2.96xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$10.95McapitalExpendituresD&A$3.70MdepreciationAndAmortizationResult 2.96x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$1.55Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$133.14MtotalAssetsGoodwill$18.04MgoodWillIntangibles$0.00Not reported, treated as 0Liabilities$143.29MtotalLiabTangible book-$28.19MShares18,158,920commonStockSharesOutstandingIntangibles were not reported and are treated as zero.Result -$1.55
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice$22.68Latest quoteTangible book / share-$1.552025-12-31Tangible book per share is not positive, so the multiple is left blank.Result —
Price $22.68.
Fixed-charge coverage
-0.36xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$36.08MebitdaCapex$10.95McapitalExpendituresInterest$253.33KinterestExpenseShort-term debt$131.27MshortLongTermDebtEBITDA − capex-$47.03MPrincipal due is the current portion of debt.Result -0.36x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-1.5%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$13.59MfreeCashFlowMarket cap$936.98MMarketCapitalizationResult -1.5%
Latest free cash flow divided by current market cap ($936.98M).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$14.80MoperatingIncomeTax expense-$216.23KincomeTaxExpensePretax income-$40.03MincomeBeforeTaxTax rate—Equity-$10.04MtotalStockholderEquityDebt$136.26MshortLongTermDebtTotalCash$71.07McashInvested capital$55.15MROIC needs a positive pretax income so an effective tax rate can be calculated.Result —
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.66x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2024 | 17.1%Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E$5.51MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$32.15MtotalAssetsInventory was not reported and is treated as zero.Result 17.1% | 0.08xFixed asset turnover · 2024-12-31Revenue / net PP&ERevenue$438.29KtotalRevenueNet PP&E$5.51MpropertyPlantAndEquipmentNetResult 0.08x | 2.61xCapex / D&A · 2024-12-31Capital expenditures / depreciation and amortizationCapex$2.95McapitalExpendituresD&A$1.13MreconciledDepreciationResult 2.61x | $0.83Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$32.15MtotalAssetsGoodwill$18.04MgoodWillIntangibles$2.38MintangibleAssetsLiabilities$2.24MtotalLiabTangible book$9.48MShares11,478,311commonStockSharesOutstandingResult $0.83 | -232.54xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$2.74MebitdaCapex$2.95McapitalExpendituresInterest$19.03KinterestExpenseShort-term debt$5.44KshortLongTermDebtEBITDA − capex-$5.69MPrincipal due is the current portion of debt.Result -232.54x | -$5.15MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-$2.21MtotalCashFromOperatingActivitiesCapex$2.95McapitalExpendituresFree cash flow-$5.15MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$5.15M | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$4.30MoperatingIncomeTax expense$32.91KtaxProvisionPretax income-$3.89MincomeBeforeTaxTax rate—Equity$29.82MtotalStockholderEquityDebt$5.44KlongTermDebt + shortLongTermDebtCash$4.42McashInvested capital$25.40MReported 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 — | -0.78xEBIT / PP&E · 2024-12-31Operating income / net PP&EOperating income-$4.30MoperatingIncomeNet PP&E$5.51MpropertyPlantAndEquipmentNetResult -0.78x |
| 2025 | 16.8%Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E$22.35MpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$133.14MtotalAssetsInventory was not reported and is treated as zero.Result 16.8% | 0.07xFixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$1.57MtotalRevenueNet PP&E$22.35MpropertyPlantAndEquipmentNetResult 0.07x | 2.96xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$10.95McapitalExpendituresD&A$3.70MdepreciationAndAmortizationResult 2.96x | -$1.55Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$133.14MtotalAssetsGoodwill$18.04MgoodWillIntangibles$0.00Not reported, treated as 0Liabilities$143.29MtotalLiabTangible book-$28.19MShares18,158,920commonStockSharesOutstandingIntangibles were not reported and are treated as zero.Result -$1.55 | -0.36xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$36.08MebitdaCapex$10.95McapitalExpendituresInterest$253.33KinterestExpenseShort-term debt$131.27MshortLongTermDebtEBITDA − capex-$47.03MPrincipal due is the current portion of debt.Result -0.36x | -$13.59MFree cash flow · 2025-12-31Reported free cash flowOperating cash flow-$2.64MtotalCashFromOperatingActivitiesCapex$10.95McapitalExpendituresFree cash flow-$13.59MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$13.59M | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$14.80MoperatingIncomeTax expense-$216.23KincomeTaxExpensePretax income-$40.03MincomeBeforeTaxTax rate—Equity-$10.04MtotalStockholderEquityDebt$136.26MshortLongTermDebtTotalCash$71.07McashInvested capital$55.15MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -0.66xEBIT / PP&E · 2025-12-31Operating income / net PP&EOperating income-$14.80MoperatingIncomeNet PP&E$22.35MpropertyPlantAndEquipmentNetResult -0.66x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $22.35M
Inventory: $0.00
Total assets: $133.14M
Goodwill: $18.04M
Intangibles: $0.00
Liabilities: $143.29M
Tangible book: -$28.19M
Shares: 18,158,920
Revenue: $1.57M
Capex: $10.95M
D&A: $3.70M
EBITDA: -$36.08M
Interest: $253.33K
Short-term debt: $131.27M
Free cash flow: -$13.59M
Operating income: -$14.80M
Invested capital: $55.15M
Tax rate: —