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.
Quince Therapeutics, Inc.
Physical assets are 1.1% of total assets, a light footprint. Capex is 2.48x depreciation and free cash flow yield is negative, so the physical base is expanding and consuming cash.
Fixed-asset turnover is 0.00x. Compare it with other names in the same basket.
Physical asset ratio
1.1%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
0.00x
Revenue per dollar of the physical asset base.
Capex / D&A
2.48x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
-$413.33
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—
Price $33.23.
Fixed-charge coverage
—
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-129.5%
Latest free cash flow divided by current market cap ($32.27M).
ROIC
—
After-tax operating income over equity plus debt minus cash.
Operating income / net PP&E is -48.12x.
Footprint and return
Turnover and reinvestment
| Year | Physical | FAT | Capex/D&A | TBV/sh | Coverage | FCF | ROIC | EBIT/PP&E |
|---|---|---|---|---|---|---|---|---|
| 2018 | 0.4% | 0.00x | 4.16x | $662.80 | -12.83x | -$11.91M | — | -42.82x |
| 2019 | 1.1% | 0.00x | 0.29x | $1.21K | -17.84x | -$33.33M | — | -29.36x |
| 2020 | 0.6% | 0.00x | 0.16x | $1.18K | -34.45x | -$50.87M | — | -71.66x |
| 2021 | 2.8% | 0.00x | 0.52x | $798.06 | -80.59x | -$63.11M | — | -63.25x |
| 2022 | 2.9% | 0.00x | 0.65x | $565.39 | -50.07x | -$44.17M | — | -76.05x |
| 2023 | 0.3% | 0.00x | 0.50x | $20.34 | — | -$18.45M | — | -55.93x |
| 2024 | 0.7% | 0.00x | 1.38x | -$138.22 | — | -$32.16M | — | -70.46x |
| 2025 | 1.1% | 0.00x | 2.48x | -$413.33 | — | -$41.78M | — | -48.12x |
- Inventory was missing and treated as zero in the physical asset ratio.
- Receivables are larger than the physical asset base, so a finance or credit book may sit outside the physical ratio and inside the debt used for coverage.
- Principal due is the current portion of debt.
Latest year inputs (2025)
Net PP&E: $1.05M
Inventory: $0.00
Total assets: $93.52M
Goodwill: $0.00
Intangibles: $67.82M
Liabilities: $129.24M
Tangible book: -$103.53M
Shares: 250,485
Revenue: $0.00
Capex: $352.00K
D&A: $142.00K
EBITDA: -$80.62M
Interest: —
Short-term debt: $18.03M
Free cash flow: -$41.78M
Operating income: -$50.43M
Invested capital: —
Tax rate: —