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.
Capital Power Corporation
Physical assets are 75.9% of total assets, a heavy footprint. Capex is 1.46x depreciation and free cash flow yield is still positive, which fits a physical base that is being replaced or expanded without consuming all of its cash. EBITDA after capex covers debt service by 0.32x, which is below 1.
Utilities often turn net PP&E at about 0.3x to 1.0x. This name is at 0.29x.
Physical asset ratio
75.9%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
0.29x
Revenue per dollar of the physical asset base.
Capex / D&A
1.46x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$28.04
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
2.23x
Price $62.60.
Fixed-charge coverage
0.32x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
0.5%
Latest free cash flow divided by current market cap ($9.83B).
ROIC
-1.7%
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -0.02x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 72.5% | 0.25x | 1.04x | $25.27 | 0.75x | $71.00M | 4.0% | 0.06x |
| 2019 | 74.0% | 0.31x | 1.33x | $21.96 | 0.10x | $53.00M | 7.6% | 0.08x |
| 2020 | 72.3% | 0.30x | 0.63x | $20.37 | 0.96x | $278.00M | 3.6% | 0.06x |
| 2021 | 72.1% | 0.45x | 1.14x | $18.39 | 0.76x | $214.00M | 7.6% | 0.12x |
| 2022 | 66.4% | 0.69x | 1.22x | $14.02 | 0.47x | $217.00M | 20.8% | 0.21x |
| 2023 | 62.6% | 0.60x | 1.24x | $20.53 | 1.20x | $45.00M | 5.6% | 0.07x |
| 2024 | 65.1% | 0.36x | 2.08x | $29.61 | 1.28x | $5.00M | -1.6% | -0.02x |
| 2025 | 75.9% | 0.29x | 1.46x | $28.04 | 0.32x | $47.00M | -1.7% | -0.02x |
- Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: $11.39B
Inventory: $323.00M
Total assets: $15.44B
Goodwill: $35.00M
Intangibles: $585.00M
Liabilities: $10.59B
Tangible book: $4.23B
Shares: 150,813,555
Revenue: $3.32B
Capex: $864.00M
D&A: $593.00M
EBITDA: $1.08B
Interest: $319.00M
Short-term debt: $347.00M
Free cash flow: $47.00M
Operating income: -$213.00M
Invested capital: $11.62B
Tax rate: 4.8%