Aurora SpineASAPF 39 Debt-to-Equity is 0.98 as of Mar. 2026, which is 20% above its 10-year median of 0.82. GuruFocus rates ASAPF with a GF Score™ of 39/100 and a GF Value™ of $0.24 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 705 Medical Devices & Instruments companies, Aurora Spine ranks worse than 83.97% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Aurora Spine's Debt-to-Equity or its related term are showing as below:
ASAPF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.82 Max: 1.37
Current: 0.98
During the past 13 years, the highest Debt-to-Equity Ratio of Aurora Spine was 1.37. The lowest was 0.36. And the median was 0.82.
ASAPF's Debt-to-Equity is ranked worse than 83.97% of 705
companies
in the Medical Devices & Instruments industry
Industry Median: 0.23
vs ASAPF: 0.98
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Aurora Spine Debt-to-Equity Related Terms
Aurora Spine Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Aurora Spine's Debt-to-Equity 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.
For the Medical Devices subindustry, Aurora Spine's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Aurora Spine's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aurora Spine's Debt-to-Equity 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 Debt-to-Equity of 0.98 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aurora Spine and its competitors. This is 20% above median its historical median of 0.82. Over the past decade, Aurora Spine's Debt-to-Equity has ranged from 0.36 to 1.37. According to the industry distribution chart, Aurora Spine ranks #592 out of 705 companies in the Medical Devices & Instruments industry, placing it in the top 84%.
Is Aurora Spine's Debt-to-Equity too high?
Aurora Spine's current Debt-to-Equity of 0.98 is 20% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.37. The Medical Devices & Instruments industry median Debt-to-Equity is 0.23. Aurora Spine's value of 0.98 is 326.1% above this industry median. Based on the distribution chart, Aurora Spine ranks #592 out of 705 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Aurora Spine has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Spine's Debt-to-Equity compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Aurora Spine ranks #592 out of 705 companies for Debt-to-Equity. This places Aurora Spine in the lower half of its industry. The industry median Debt-to-Equity is 0.23. Aurora Spine's value of 0.98 is 326.1% above this benchmark. Historically, Aurora Spine's own Debt-to-Equity has ranged from 0.36 to 1.37 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 0.23, Aurora Spine 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-Equity for a Medical Devices & Instruments company?
The median Debt-to-Equity among Medical Devices & Instruments companies is 0.23, based on 705 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aurora Spine's current Debt-to-Equity of 0.98 is 326.1% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aurora Spine and its competitors. For the Medical Devices & Instruments industry, the median Debt-to-Equity is 0.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurora Spine's current Debt-to-Equity is 0.98, which is 20% above median its own 10-year median of 0.82. 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 $0.17 — trading 30.2% below its estimated fair value. The current Debt-to-Equity is 0.98, which is 20% above median its 10-year median of 0.82 and 326.1% above the Medical Devices & Instruments industry median of 0.23. Aurora Spine's overall GF Score™ is 39/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Aurora Spine (ASAPF), the current Debt-to-Equity is 0.98 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 $0.17 is trading 30.2% below its estimated GF Value™ of $0.24.
GuruFocus considers Aurora Spine to be Possible Value Trap.
Key valuation signals for ASAPF:
Debt-to-Equity: 0.98 (20% above median its 10-year median of 0.82)
GF Value™: $0.24 vs. price of $0.17 (30.2% below fair value)
Industry Position: 326.1% above the Medical Devices & Instruments median (#592 of 705)
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.
39GF Score
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