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Aurora SpineASAPF -3.78%38 Cash-to-Debt is 0.22 as of Mar. 2026, which is 19% below its 10-year median of 0.27. GuruFocus rates ASAPF with a GF Score™ of 38/100 and a GF Value™ of $0.24 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 849 Medical Devices & Instruments companies, Aurora Spine ranks worse than 83.39% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Aurora Spine's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.22.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Aurora Spinecouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Aurora Spine's Cash-to-Debt or its related term are showing as below:
ASAPF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.27 Max: No Debt
Current: 0.22
During the past 13 years, Aurora Spine's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.27.
ASAPF's Cash-to-Debt is ranked worse than 83.39% of 849
companies
in the Medical Devices & Instruments industry
Industry Median: 1.64
vs ASAPF: 0.22
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Aurora Spine Cash-to-Debt Related Terms
Aurora Spine Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Aurora Spine's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Medical Devices subindustry, Aurora Spine's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Aurora Spine Cash-to-Debt vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Aurora Spine's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Aurora Spine's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Aurora Spine (ASAPF) has a Cash-to-Debt of 0.22 as of Mar. 2026. This is 19% below median its historical median of 0.27. Over the past decade, Aurora Spine's Cash-to-Debt has ranged from 0.01 to 10,000.00. According to the industry distribution chart, Aurora Spine ranks #708 out of 849 companies in the Medical Devices & Instruments industry, placing it in the top 83.4%.
Is Aurora Spine's Cash-to-Debt too high?
Aurora Spine's current Cash-to-Debt of 0.22 is 19% below median its 10-year median of 0.27. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 10,000.00. The Medical Devices & Instruments industry median Cash-to-Debt is 1.64. Aurora Spine's value of 0.22 is 86.6% below this industry median. Based on the distribution chart, Aurora Spine ranks #708 out of 849 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Aurora Spine has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Spine's Cash-to-Debt compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Aurora Spine ranks #708 out of 849 companies for Cash-to-Debt. This places Aurora Spine in the lower half of its industry. The industry median Cash-to-Debt is 1.64. Aurora Spine's value of 0.22 is 86.6% below this benchmark. Historically, Aurora Spine's own Cash-to-Debt has ranged from 0.01 to 10,000.00 over the past decade. While the company's 10-year median is 0.27 vs. the industry median of 1.64, Aurora Spine has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Medical Devices & Instruments company?
The median Cash-to-Debt among Medical Devices & Instruments companies is 1.64, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aurora Spine's current Cash-to-Debt of 0.22 is 86.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Cash-to-Debt is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurora Spine's current Cash-to-Debt is 0.22, which is 19% below median its own 10-year median of 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Spine stock overvalued right now?
Based on GuruFocus' analysis, Aurora Spine (ASAPF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.24, compared to a current price of $0.14 — trading 40.1% below its estimated fair value. The current Cash-to-Debt is 0.22, which is 19% below median its 10-year median of 0.27 and 86.6% below the Medical Devices & Instruments industry median of 1.64. Aurora Spine's overall GF Score™ is 38/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Aurora Spine (ASAPF), the current Cash-to-Debt is 0.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Aurora Spine (ASAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Aurora Spine stock appears to be undervalued.
The current stock price of $0.14 is trading 40.1% below its estimated GF Value™ of $0.24.
GuruFocus considers Aurora Spine to be Possible Value Trap.
Key valuation signals for ASAPF:
Cash-to-Debt: 0.22 (19% below median its 10-year median of 0.27)
GF Value™: $0.24 vs. price of $0.14 (40.1% below fair value)
Industry Position: 86.6% below the Medical Devices & Instruments median (#708 of 849)
No single metric tells the full story. See the ASAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aurora Spine Corp is engaged in the development, manufacture, and sale of minimally invasive, interspinous fusion systems and devices. These 510K and patent protected medical devices improve patient outcomes in the area of spine and sacroiliac joint surgical procedures. The company is focused on bringing new solutions to the spinal implant market through a series of minimally invasive, regenerative spinal implant technologies.
38GF Score
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