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.
Cantor Equity Partners I, Inc. Class A Ordinary Shares
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.
Physical asset ratio
—Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$207.73MtotalAssetsResult —
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$0.00capitalExpendituresD&A—Not reportedResult —
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$7.60Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$207.73MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$14.00MtotalLiabTangible book$193.73MShares25,500,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $7.60
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
1.42xPrice / tangible bookPrice / tangible book per sharePrice$10.80Latest quoteTangible book / share$7.602025-12-31Result 1.42x
Price $10.80.
Fixed-charge coverage
—Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$973.56KebitdaCapex$0.00capitalExpendituresInterest—Not reportedShort-term debt$485.50KshortTermDebtEBITDA − capex-$973.56KPrincipal due is short-term debt.Result —
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
0.0%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow$52.58KfreeCashFlowMarket cap$275.40MMarketCapitalizationResult 0.0%
Latest free cash flow divided by current market cap ($275.40M).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$973.56KoperatingIncomeTax expense—Not reportedPretax income-$6.66MincomeBeforeTaxTax rate—Equity$193.73MtotalStockholderEquityDebt$485.50KshortLongTermDebtTotalCash$25.00KcashInvested capital$194.19MROIC 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 |
|---|---|---|---|---|---|---|---|---|
| 2022 | —Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$6.21KtotalAssetsResult — | —Fixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$6.29KdepreciationAndAmortizationResult 0.00x | $0.00Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$6.21KtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$0.00totalLiabTangible book$6.21KShares25,500,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.00 | —Fixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$6.29KebitdaCapex$0.00capitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capex-$6.29KResult — | $0.00Free cash flow · 2022-12-31Reported free cash flowOperating cash flow$0.00totalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow$0.00freeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $0.00 | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$6.29KoperatingIncomeTax expense—Not reportedPretax income-$6.29KincomeBeforeTaxTax rate—Equity$6.21KtotalStockholderEquityDebt—Not reportedCash—Not reportedInvested 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-$6.29KoperatingIncomeNet PP&E—Not reportedResult — |
| 2023 | —Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$2.74KtotalAssetsResult — | —Fixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$3.47KdepreciationAndAmortizationResult 0.00x | $0.00Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$2.74KtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$0.00totalLiabTangible book$2.74KShares25,500,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.00 | —Fixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$3.47KebitdaCapex$0.00capitalExpendituresInterest—Not reportedShort-term debt—Not reportedEBITDA − capex-$3.47KResult — | $0.00Free cash flow · 2023-12-31Reported free cash flowOperating cash flow$0.00totalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow$0.00freeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $0.00 | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$3.47KoperatingIncomeTax expense—Not reportedPretax income-$3.47incomeBeforeTaxTax rate—Equity$2.74KtotalStockholderEquityDebt—Not reportedCash—Not reportedInvested 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-$3.47KoperatingIncomeNet PP&E—Not reportedResult — |
| 2024 | —Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$217.61KtotalAssetsResult — | —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$84.40KdepreciationAndAmortizationResult 0.00x | -$0.00Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$217.61KtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$299.27KtotalLiabTangible book-$81.66KShares25,500,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$0.00 | —Fixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$84.32KebitdaCapex$0.00capitalExpendituresInterest—Not reportedShort-term debt$134.24KshortTermDebtEBITDA − capex-$84.32KPrincipal due is short-term debt.Result — | -$134.24KFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-$134.24KtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$134.24KfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$134.24K | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$84.40KoperatingIncomeTax expense-$84.40KincomeTaxExpensePretax income-$84.40KincomeBeforeTaxTax rate—Equity-$81.66KtotalStockholderEquityDebt$134.24KshortLongTermDebtTotalCash$0.00cashInvested capital$52.58KROIC 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-$84.40KoperatingIncomeNet PP&E—Not reportedResult — |
| 2025 | —Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$207.73MtotalAssetsResult — | —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$0.00capitalExpendituresD&A—Not reportedResult — | $7.60Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$207.73MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$14.00MtotalLiabTangible book$193.73MShares25,500,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $7.60 | —Fixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$973.56KebitdaCapex$0.00capitalExpendituresInterest—Not reportedShort-term debt$485.50KshortTermDebtEBITDA − capex-$973.56KPrincipal due is short-term debt.Result — | $52.58KFree cash flow · 2025-12-31Reported free cash flowOperating cash flow$52.58KtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow$52.58KfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result $52.58K | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$973.56KoperatingIncomeTax expense—Not reportedPretax income-$6.66MincomeBeforeTaxTax rate—Equity$193.73MtotalStockholderEquityDebt$485.50KshortLongTermDebtTotalCash$25.00KcashInvested capital$194.19MROIC 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-$973.56KoperatingIncomeNet PP&E—Not reportedResult — |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: —
Inventory: —
Total assets: $207.73M
Goodwill: $0.00
Intangibles: $0.00
Liabilities: $14.00M
Tangible book: $193.73M
Shares: 25,500,000
Revenue: $0.00
Capex: $0.00
D&A: —
EBITDA: -$973.56K
Interest: —
Short-term debt: $485.50K
Free cash flow: $52.58K
Operating income: -$973.56K
Invested capital: $194.19M
Tax rate: —