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.
Galectin Therapeutics Inc
Net PP&E was missing, so the physical footprint could not be scored. 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 -3.19x, 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$19.53MtotalAssetsResult —
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
0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$53.00KdepreciationAndAmortizationResult 0.00x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$1.97Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$19.53MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$145.73MtotalLiabTangible book-$126.20MShares63,903,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$1.97
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice$2.98Latest quoteTangible book / share-$1.972025-12-31Tangible book per share is not positive, so the multiple is left blank.Result —
Price $2.98.
Fixed-charge coverage
-3.19xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$23.45MebitdaCapex$0.00capitalExpendituresInterest$7.33MinterestExpenseShort-term debt$22.00KshortTermDebtEBITDA − capex-$23.45MPrincipal due is short-term debt.Result -3.19x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-6.8%Free cash flow yield · 2025-12-31Latest free cash flow / current market capFree cash flow-$23.88MfreeCashFlowMarket cap$349.95MMarketCapitalizationResult -6.8%
Latest free cash flow divided by current market cap ($349.95M).
ROIC
—ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$20.09MoperatingIncomeTax expense—Not reportedPretax income-$30.84MincomeBeforeTaxTax rate—Equity-$126.20MtotalStockholderEquityDebt$133.76MshortLongTermDebtTotalCash$17.72McashInvested 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 | 1.9%Physical asset ratio · 2018-12-31(Net PP&E + inventory) / total assetsNet PP&E$174.00KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$9.01MtotalAssetsInventory was not reported and is treated as zero.Result 1.9% | 0.00xFixed asset turnover · 2018-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$174.00KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2018-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$1.00KdepreciationAndAmortizationResult 0.00x | $0.18Tangible book / share · 2018-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$9.01MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$2.11MtotalLiabTangible book$6.90MShares39,414,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.18 | -40.37xFixed-charge coverage · 2018-12-31(EBITDA − capex) / interestEBITDA-$13.56MebitdaCapex$0.00capitalExpendituresInterest$336.00KinterestExpenseEBITDA − capex-$13.56MShort-term debt was not reported, so the denominator is interest only.Result -40.37x | -$10.18MFree cash flow · 2018-12-31Reported free cash flowOperating cash flow-$10.18MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$10.18MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$10.18M | —ROIC · 2018-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$13.60MoperatingIncomeTax expense$0.00incomeTaxExpensePretax income-$13.90MincomeBeforeTaxTax rate—Equity$6.90MtotalStockholderEquityDebt—Not reportedCash$8.25McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -78.17xEBIT / PP&E · 2018-12-31Operating income / net PP&EOperating income-$13.60MoperatingIncomeNet PP&E$174.00KpropertyPlantAndEquipmentNetResult -78.17x |
| 2019 | 0.5%Physical asset ratio · 2019-12-31(Net PP&E + inventory) / total assetsNet PP&E$258.00KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$48.47MtotalAssetsInventory was not reported and is treated as zero.Result 0.5% | 0.00xFixed asset turnover · 2019-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$258.00KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2019-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$35.00KdepreciationAndAmortizationResult 0.00x | $0.87Tangible book / share · 2019-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$48.47MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$2.87MtotalLiabTangible book$45.60MShares52,238,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.87 | -104.54xFixed-charge coverage · 2019-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$13.17MebitdaCapex$0.00capitalExpendituresInterest$87.00KinterestExpenseShort-term debt$39.00KshortTermDebtEBITDA − capex-$13.17MPrincipal due is short-term debt.Result -104.54x | -$10.85MFree cash flow · 2019-12-31Reported free cash flowOperating cash flow-$10.85MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$10.85MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$10.85M | —ROIC · 2019-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$13.44MoperatingIncomeTax expense$87.00KincomeTaxExpensePretax income-$13.29MincomeBeforeTaxTax rate—Equity$45.60MtotalStockholderEquityDebt$39.00KshortLongTermDebtTotalCash$47.48McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -52.09xEBIT / PP&E · 2019-12-31Operating income / net PP&EOperating income-$13.44MoperatingIncomeNet PP&E$258.00KpropertyPlantAndEquipmentNetResult -52.09x |
| 2020 | 0.5%Physical asset ratio · 2020-12-31(Net PP&E + inventory) / total assetsNet PP&E$135.00KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$29.60MtotalAssetsInventory was not reported and is treated as zero.Result 0.5% | 0.00xFixed asset turnover · 2020-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$135.00KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2020-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$36.00KdepreciationAndAmortizationResult 0.00x | $0.42Tangible book / share · 2020-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$29.60MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$5.41MtotalLiabTangible book$24.19MShares57,029,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.42 | -178.18xFixed-charge coverage · 2020-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$23.34MebitdaCapex$0.00capitalExpendituresInterest$87.00KinterestExpenseShort-term debt$44.00KshortTermDebtEBITDA − capex-$23.34MPrincipal due is short-term debt.Result -178.18x | -$20.60MFree cash flow · 2020-12-31Reported free cash flowOperating cash flow-$20.60MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$20.60MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$20.60M | —ROIC · 2020-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$23.44MoperatingIncomeTax expense$51.00KincomeTaxExpensePretax income-$23.47MincomeBeforeTaxTax rate—Equity$24.19MtotalStockholderEquityDebt$44.00KshortLongTermDebtTotalCash$27.14McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -173.66xEBIT / PP&E · 2020-12-31Operating income / net PP&EOperating income-$23.44MoperatingIncomeNet PP&E$135.00KpropertyPlantAndEquipmentNetResult -173.66x |
| 2021 | 0.0%Physical asset ratio · 2021-12-31(Net PP&E + inventory) / total assetsNet PP&E$7.00KpropertyPlantEquipmentInventory$0.00Not reported, treated as 0Total assets$41.83MtotalAssetsInventory was not reported and is treated as zero.Result 0.0% | 0.00xFixed asset turnover · 2021-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$7.00KpropertyPlantEquipmentResult 0.00x | 0.00xCapex / D&A · 2021-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$41.00KdepreciationAndAmortizationResult 0.00x | $0.04Tangible book / share · 2021-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$41.83MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$39.21MtotalLiabTangible book$2.62MShares58,527,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result $0.04 | -60.36xFixed-charge coverage · 2021-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$30.00MebitdaCapex$0.00capitalExpendituresInterest$489.00KinterestExpenseShort-term debt$8.00KshortTermDebtEBITDA − capex-$30.00MPrincipal due is short-term debt.Result -60.36x | -$24.31MFree cash flow · 2021-12-31Reported free cash flowOperating cash flow-$24.31MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$24.31MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$24.31M | —ROIC · 2021-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$30.18MoperatingIncomeTax expense$448.00KincomeTaxExpensePretax income-$30.53MincomeBeforeTaxTax rate—Equity$2.62MtotalStockholderEquityDebt$29.06MshortLongTermDebtTotalCash$39.65McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -4,311.29xEBIT / PP&E · 2021-12-31Operating income / net PP&EOperating income-$30.18MoperatingIncomeNet PP&E$7.00KpropertyPlantEquipmentResult -4,311.29x |
| 2022 | 3.4%Physical asset ratio · 2022-12-31(Net PP&E + inventory) / total assetsNet PP&E$733.00KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$21.29MtotalAssetsInventory was not reported and is treated as zero.Result 3.4% | 0.00xFixed asset turnover · 2022-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$733.00KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2022-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$32.00KdepreciationAndAmortizationResult 0.00x | -$0.54Tangible book / share · 2022-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$21.29MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$53.48MtotalLiabTangible book-$32.19MShares59,391,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$0.54 | -35.15xFixed-charge coverage · 2022-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$37.71MebitdaCapex$0.00capitalExpendituresInterest$1.03MinterestExpenseShort-term debt$40.00KshortTermDebtEBITDA − capex-$37.71MPrincipal due is short-term debt.Result -35.15x | -$31.06MFree cash flow · 2022-12-31Reported free cash flowOperating cash flow-$31.06MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$31.06MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$31.06M | —ROIC · 2022-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$38.35MoperatingIncomeTax expense$424.00KincomeTaxExpensePretax income-$38.78MincomeBeforeTaxTax rate—Equity-$32.19MtotalStockholderEquityDebt$39.87MshortLongTermDebtTotalCash$18.59McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -52.32xEBIT / PP&E · 2022-12-31Operating income / net PP&EOperating income-$38.35MoperatingIncomeNet PP&E$733.00KpropertyPlantAndEquipmentNetResult -52.32x |
| 2023 | 0.2%Physical asset ratio · 2023-12-31(Net PP&E + inventory) / total assetsNet PP&E$53.00KpropertyPlantAndEquipmentNetInventory$0.00Not reported, treated as 0Total assets$28.20MtotalAssetsInventory was not reported and is treated as zero.Result 0.2% | 0.00xFixed asset turnover · 2023-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E$53.00KpropertyPlantAndEquipmentNetResult 0.00x | 0.00xCapex / D&A · 2023-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$33.00KdepreciationAndAmortizationResult 0.00x | -$1.00Tangible book / share · 2023-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$28.20MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$88.44MtotalLiabTangible book-$60.24MShares60,159,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$1.00 | -13.47xFixed-charge coverage · 2023-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$38.24MebitdaCapex$0.00capitalExpendituresInterest$2.79MinterestExpenseShort-term debt$46.00KshortTermDebtEBITDA − capex-$38.24MPrincipal due is short-term debt.Result -13.47x | -$32.97MFree cash flow · 2023-12-31Reported free cash flowOperating cash flow-$32.97MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$32.97MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$32.97M | —ROIC · 2023-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$38.07MoperatingIncomeTax expense-$2.99MincomeTaxExpensePretax income-$41.07MincomeBeforeTaxTax rate—Equity-$60.24MtotalStockholderEquityDebt$71.81MshortLongTermDebtTotalCash$25.66McashInvested capital—ROIC needs a positive pretax income so an effective tax rate can be calculated.Result — | -718.34xEBIT / PP&E · 2023-12-31Operating income / net PP&EOperating income-$38.07MoperatingIncomeNet PP&E$53.00KpropertyPlantAndEquipmentNetResult -718.34x |
| 2024 | —Physical asset ratio · 2024-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$17.50MtotalAssetsResult — | —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$37.00KdepreciationAndAmortizationResult 0.00x | -$1.65Tangible book / share · 2024-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$17.50MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$120.57MtotalLiabTangible book-$103.07MShares62,309,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$1.65 | -1.56xFixed-charge coverage · 2024-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$41.47MebitdaCapex$0.00capitalExpendituresInterest$5.54MinterestExpenseShort-term debt$21.12MshortLongTermDebtEBITDA − capex-$41.47MPrincipal due is the current portion of debt.Result -1.56x | -$41.77MFree cash flow · 2024-12-31Reported free cash flowOperating cash flow-$41.77MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$41.77MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$41.77M | —ROIC · 2024-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$42.43MoperatingIncomeTax expense—Not reportedPretax income-$47.05MincomeBeforeTaxTax rate—Equity-$103.07MtotalStockholderEquityDebt$106.25MshortLongTermDebtTotalCash$15.12McashInvested 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-$42.43MoperatingIncomeNet PP&E—Not reportedResult — |
| 2025 | —Physical asset ratio · 2025-12-31(Net PP&E + inventory) / total assetsNet PP&E—Not reportedInventory—Not reportedTotal assets$19.53MtotalAssetsResult — | —Fixed asset turnover · 2025-12-31Revenue / net PP&ERevenue$0.00totalRevenueNet PP&E—Not reportedResult — | 0.00xCapex / D&A · 2025-12-31Capital expenditures / depreciation and amortizationCapex$0.00capitalExpendituresD&A$53.00KdepreciationAndAmortizationResult 0.00x | -$1.97Tangible book / share · 2025-12-31(Total assets − goodwill − intangibles − liabilities) / sharesTotal assets$19.53MtotalAssetsGoodwill$0.00Not reported, treated as 0Intangibles$0.00Not reported, treated as 0Liabilities$145.73MtotalLiabTangible book-$126.20MShares63,903,000commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Intangibles were not reported and are treated as zero.Result -$1.97 | -3.19xFixed-charge coverage · 2025-12-31(EBITDA − capex) / (interest + short-term debt)EBITDA-$23.45MebitdaCapex$0.00capitalExpendituresInterest$7.33MinterestExpenseShort-term debt$22.00KshortTermDebtEBITDA − capex-$23.45MPrincipal due is short-term debt.Result -3.19x | -$23.88MFree cash flow · 2025-12-31Reported free cash flowOperating cash flow-$23.88MtotalCashFromOperatingActivitiesCapex$0.00capitalExpendituresFree cash flow-$23.88MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -$23.88M | —ROIC · 2025-12-31Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-$20.09MoperatingIncomeTax expense—Not reportedPretax income-$30.84MincomeBeforeTaxTax rate—Equity-$126.20MtotalStockholderEquityDebt$133.76MshortLongTermDebtTotalCash$17.72McashInvested 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-$20.09MoperatingIncomeNet 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: $19.53M
Goodwill: $0.00
Intangibles: $0.00
Liabilities: $145.73M
Tangible book: -$126.20M
Shares: 63,903,000
Revenue: $0.00
Capex: $0.00
D&A: $53.00K
EBITDA: -$23.45M
Interest: $7.33M
Short-term debt: $22.00K
Free cash flow: -$23.88M
Operating income: -$20.09M
Invested capital: —
Tax rate: —