Spine Asia Co (ROCO:6758) Debt-to-EBITDA : 6.94 (As of Jun. 2026) — 125% Above Median

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ROCO:6758 Spine Asia Co Ltd ROCO:6758
80 GF Score
Price NT$29.35
GF Value NT$44.62
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Spine Asia Co Debt-to-EBITDA?

Spine Asia Co ROCO:6758 80 Debt-to-EBITDA is 6.94 as of Jun. 2026, which is 125% above its 10-year median of 3.09. GuruFocus rates ROCO:6758 with a GF Score™ of 80/100 and a GF Value™ of NT$44.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 471 Medical Devices & Instruments companies, Spine Asia Co ranks worse than 86.84% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Spine Asia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$113.3 Mil. Spine Asia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was NT$47.1 Mil. Spine Asia Co's annualized EBITDA for the quarter that ended in Jun. 2026 was NT$23.1 Mil. Spine Asia Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 6.94.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Spine Asia Co's Debt-to-EBITDA or its related term are showing as below:

ROCO:6758' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.26   Med: 3.09   Max: 5.85
Current: 5.85

During the past 10 years, the highest Debt-to-EBITDA Ratio of Spine Asia Co was 5.85. The lowest was 1.26. And the median was 3.09.

ROCO:6758's Debt-to-EBITDA is ranked worse than
86.84% of 471 companies
in the Medical Devices & Instruments industry
Industry Median: 1.63 vs ROCO:6758: 5.85

Spine Asia Co  (ROCO:6758) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Spine Asia Co Debt-to-EBITDA Related Terms


Spine Asia Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Spine Asia Co's Debt-to-EBITDA 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.

Spine Asia Co Debt-to-EBITDA Chart

Spine Asia Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 5.19 4.58 4.95 3.75

Spine Asia Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.25 6.93 3.99 4.07 6.94

ROCO:6758 vs ABT, SYK, MDT: Debt-to-EBITDA Comparison

For the Medical Devices subindustry, Spine Asia Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Spine Asia Co Debt-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Spine Asia Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Spine Asia Co's Debt-to-EBITDA falls into.


ROCO:6758
80GF Score
Spine Asia Co Ltd ROCO:6758
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spine Asia Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Spine Asia Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(96.705 + 32.729) / 34.504
=3.75

Spine Asia Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(113.345 + 47.099) / 23.12
=6.94

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 6.94 mean?
Spine Asia Co (ROCO:6758) has a Debt-to-EBITDA of 6.94 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spine Asia Co. This is 125% above median its historical median of 3.09. Over the past decade, Spine Asia Co's Debt-to-EBITDA has ranged from 1.26 to 5.85. According to the industry distribution chart, Spine Asia Co ranks #409 out of 471 companies in the Medical Devices & Instruments industry, placing it in the top 86.8%.
Is Spine Asia Co's Debt-to-EBITDA too high?
Spine Asia Co's current Debt-to-EBITDA of 6.94 is 125% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 5.85. The Medical Devices & Instruments industry median Debt-to-EBITDA is 1.63. Spine Asia Co's value of 6.94 is 325.8% above this industry median. Based on the distribution chart, Spine Asia Co ranks #409 out of 471 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Spine Asia Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spine Asia Co's Debt-to-EBITDA compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Spine Asia Co ranks #409 out of 471 companies for Debt-to-EBITDA. This places Spine Asia Co in the lower half of its industry. The industry median Debt-to-EBITDA is 1.63. Spine Asia Co's value of 6.94 is 325.8% above this benchmark. Historically, Spine Asia Co's own Debt-to-EBITDA has ranged from 1.26 to 5.85 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 1.63, Spine Asia Co has consistently been above 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 Debt-to-EBITDA for a Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.63, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spine Asia Co's current Debt-to-EBITDA of 6.94 is 325.8% above 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spine Asia Co. For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spine Asia Co's current Debt-to-EBITDA is 6.94, which is 125% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spine Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Spine Asia Co (ROCO:6758) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$44.62, compared to a current price of NT$29.35 — trading 34.2% below its estimated fair value. The current Debt-to-EBITDA is 6.94, which is 125% above median its 10-year median of 3.09 and 325.8% above the Medical Devices & Instruments industry median of 1.63. Spine Asia Co's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Spine Asia Co (ROCO:6758), the current Debt-to-EBITDA is 6.94 as of Jun. 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 Spine Asia Co (ROCO:6758) Overvalued in 2026?

Based on GuruFocus' analysis, Spine Asia Co stock appears to be undervalued. The current stock price of NT$29.35 is trading 34.2% below its estimated GF Value™ of NT$44.62. GuruFocus considers Spine Asia Co to be Significantly Undervalued.

Key valuation signals for ROCO:6758:

  • Debt-to-EBITDA: 6.94 (125% above median its 10-year median of 3.09)
  • GF Value™: NT$44.62 vs. price of NT$29.35 (34.2% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 325.8% above the Medical Devices & Instruments median (#409 of 471)

No single metric tells the full story. See the ROCO:6758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spine Asia Co Business Description

Address No. 80, Section 1, Chenggong Road, 20th Floor, Yonghe District, New Taipei, TWN
Spine Asia Co Ltd is a medical device company. It is engaged in the research, development, manufacturing, and marketing of spinal, implants and instruments. The company offers products such as vigor lumbar peek cage, remond polymer cervical cage, and combo cervical disc cage.
80GF Score

Get the complete analysis for ROCO:6758

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$29.35
Price
NT$44.62
GF Value