Quanterix Corp

QTRX.US ยท Healthcare ยท Medical Devices ยท USD ยท Fundamentals
Asset-light

Physical assets are 22.7% of total assets, a light footprint. Capex is 0.14x depreciation and free cash flow yield is weak, which fits a cash drain on aging assets.

Fixed-asset turnover is 3.44x. Compare it with other names in the same basket.

Physical asset ratio
22.7%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
3.44x
Revenue per dollar of the physical asset base.
Capex / D&A
0.14x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
$3.23
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
0.95x
Price $3.07.
Fixed-charge coverage
โ€”
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-55.2%
Latest free cash flow divided by current market cap ($144.72M).
ROIC
โ€”
After-tax operating income over equity plus debt minus cash. Operating income / net PP&E is -2.72x.

Footprint and return

Turnover and reinvestment

Year Physical FAT Capex/D&A TBV/sh Coverage FCF ROIC EBIT/PP&E
2018 13.1% 12.87x 1.12x $1.69 -61.70x -$30.24M โ€” -10.79x
2019 13.2% 4.71x 3.60x $4.18 -70.42x -$37.03M โ€” -3.45x
2020 15.0% 3.33x 0.91x $6.15 -3.93x -$27.30M โ€” -1.22x
2021 10.2% 3.75x 2.81x $11.69 -36.78x -$61.52M โ€” -1.99x
2022 13.4% 2.57x 1.91x $9.47 -10.09x -$60.00M โ€” -2.54x
2023 14.5% 3.35x 0.46x $9.15 -2.00x -$22.69M โ€” -1.27x
2024 16.3% 4.04x 0.40x $8.50 โ€” -$38.53M โ€” -1.57x
2025 22.7% 3.44x 0.14x $3.23 โ€” -$79.85M โ€” -2.72x
  • Principal due is short-term debt, the amount reported as due within a year.
Latest year inputs (2025)
Net PP&E: $40.34M
Inventory: $54.76M
Total assets: $418.77M
Goodwill: $26.38M
Intangibles: $131.79M
Liabilities: $123.04M
Tangible book: $137.57M
Shares: 42,639,000
Revenue: $138.65M
Capex: $2.61M
D&A: $18.93M
EBITDA: -$93.35M
Interest: โ€”
Short-term debt: $7.92M
Free cash flow: -$79.85M
Operating income: -$109.82M
Invested capital: $214.74M
Tax rate: โ€”