SpineguardXPAR:ALSGD -0.83% Current Ratio is 1.75 as of Dec. 2025, which is 20% above its 10-year median of 1.46. The stock has 4 warning signs investors should review. Among 854 Medical Devices & Instruments companies, Spineguard ranks worse than 68.27% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Spineguard's current ratio for the quarter that ended in Dec. 2025 was 1.75.
Spineguard has a current ratio of 1.75. It generally indicates good short-term financial strength.
The historical rank and industry rank for Spineguard's Current Ratio or its related term are showing as below:
XPAR:ALSGD'
s Current Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.46 Max: 2.22
Current: 1.75
During the past 13 years, Spineguard's highest Current Ratio was 2.22. The lowest was 0.45. And the median was 1.46.
XPAR:ALSGD's Current Ratio is ranked worse than 68.27% of 854
companies
in the Medical Devices & Instruments industry
Industry Median: 2.485
vs XPAR:ALSGD: 1.75
Spineguard (XPAR:ALSGD) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Spineguard Current Ratio Related Terms
Spineguard Current Ratio Historical Data
* Premium members only.
The historical data trend for Spineguard's Current Ratio 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.
XPAR:ALSGD vs ABT, SYK, MDT: Current Ratio Comparison
For the Medical Devices subindustry, Spineguard's Current Ratio, along with its competitors' market caps and Current Ratio 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.
Spineguard Current Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Spineguard's Current Ratio distribution charts can be found below:
* The bar in red indicates where Spineguard's Current Ratio 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.
Spineguard (XPAR:ALSGD) has a Current Ratio of 1.75 as of Dec. 2025. This is 20% above median its historical median of 1.46. Over the past decade, Spineguard's Current Ratio has ranged from 0.45 to 2.22. According to the industry distribution chart, Spineguard ranks #583 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 68.3%.
Is Spineguard's Current Ratio too high?
Spineguard's current Current Ratio of 1.75 is 20% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.22. The Medical Devices & Instruments industry median Current Ratio is 2.49. Spineguard's value of 1.75 is 29.6% below this industry median. Based on the distribution chart, Spineguard ranks #583 out of 854 companies in the Medical Devices & Instruments industry, which is below the industry midpoint.
How does Spineguard's Current Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Spineguard ranks #583 out of 854 companies for Current Ratio. This places Spineguard in the lower half of its industry. The industry median Current Ratio is 2.49. Spineguard's value of 1.75 is 29.6% below this benchmark. Historically, Spineguard's own Current Ratio has ranged from 0.45 to 2.22 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 2.49, Spineguard 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 Current Ratio for a Medical Devices & Instruments company?
The median Current Ratio among Medical Devices & Instruments companies is 2.49, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spineguard's current Current Ratio of 1.75 is 29.6% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median Current Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spineguard's current Current Ratio is 1.75, which is 20% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spineguard stock overvalued right now?
Based on GuruFocus' analysis, Spineguard (XPAR:ALSGD) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.10, compared to a current price of €0.08 — trading 16.5% below its estimated fair value. The current Current Ratio is 1.75, which is 20% above median its 10-year median of 1.46 and 29.6% below the Medical Devices & Instruments industry median of 2.49. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Spineguard (XPAR:ALSGD), the current Current Ratio is 1.75 as of Dec. 2025. 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.
Spineguard is engaged in the design and production of medical instruments used for spinal surgeries. It is deploying its proprietary radiation-free real time sensing technology DSG (Dynamic Surgical Guidance) to secure and streamline the placement of implants in the skeleton. It designs, develops and markets medical devices embedding its technology. The group is developing DSG digital technology for real-time surgical guidance without X-rays to improve the safety and simplify the placement of bone implants, pedicle screws, and smart drills. SpineGuard is extending the applications of its DSG technology to anterior scoliosis treatment, sacroiliac joint fusion, and dental implantology.
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