Spectra Products (TSXV:SSA) Debt-to-Equity: 0.09 (As of Dec. 2025) — 18% Below Median

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TSXV:SSA Spectra Products Inc TSXV:SSA
57 GF Score
Price C$0.19
GF Value C$0.20
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Spectra Products Debt-to-Equity?

Spectra Products TSXV:SSA 57 Debt-to-Equity is 0.09 as of Dec. 2025, which is 18% below its 10-year median of 0.11. GuruFocus rates TSXV:SSA with a GF Score™ of 57/100 and a GF Value™ of C$0.20 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,225 Vehicles & Parts companies, Spectra Products ranks better than 82.04% on this metric.

Spectra Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was C$0.07 Mil. Spectra Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was C$0.08 Mil. Spectra Products's Total Stockholders Equity for the quarter that ended in Dec. 2025 was C$1.76 Mil. Spectra Products's debt to equity for the quarter that ended in Dec. 2025 was 0.09.

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 Spectra Products's Debt-to-Equity or its related term are showing as below:

TSXV:SSA' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.89   Med: 0.11   Max: 0.21
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Spectra Products was 0.21. The lowest was -2.89. And the median was 0.11.

TSXV:SSA's Debt-to-Equity is ranked better than
82.04% of 1225 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs TSXV:SSA: 0.09

Spectra Products  (TSXV:SSA) Debt-to-Equity Explanation

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


Be Aware

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.


Spectra Products Debt-to-Equity Related Terms


Spectra Products Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Spectra Products'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.

Spectra Products Debt-to-Equity Chart

Spectra Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.19 0.15 0.12 0.09

Spectra Products Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Debt-to-Equity 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 Premium Member Only 0.12 0.11 0.10 0.09 0.09

TSXV:SSA vs ORLY, AZO, GPC: Debt-to-Equity Comparison

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Products's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Spectra Products's Debt-to-Equity falls into.


TSXV:SSA
57GF Score
Spectra Products Inc TSXV:SSA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spectra Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spectra Products's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Spectra Products's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.09 mean?
Spectra Products (TSXV:SSA) has a Debt-to-Equity of 0.09 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spectra Products and its competitors. This is 18% below median its historical median of 0.11. According to the industry distribution chart, Spectra Products ranks #220 out of 1225 companies in the Vehicles & Parts industry, placing it in the top 18%.
Is Spectra Products' Debt-to-Equity too high?
Spectra Products' current Debt-to-Equity of 0.09 is 18% below median its 10-year median of 0.11. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Spectra Products' value of 0.09 is 80.4% below this industry median. Based on the distribution chart, Spectra Products ranks #220 out of 1225 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Spectra Products has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spectra Products' Debt-to-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Spectra Products ranks #220 out of 1225 companies for Debt-to-Equity. This places Spectra Products in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. Spectra Products' value of 0.09 is 80.4% below this benchmark. While the company's 10-year median is 0.11 vs. the industry median of 0.46, Spectra Products 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 Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,225 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. Spectra Products's current Debt-to-Equity of 0.09 is 80.4% 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 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 Spectra Products and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectra Products's current Debt-to-Equity is 0.09, which is 18% below median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Products stock overvalued right now?
Based on GuruFocus' analysis, Spectra Products (TSXV:SSA) is currently considered Fairly Valued. The stock's GF Value™ is C$0.20, compared to a current price of C$0.19 — trading 5% below its estimated fair value. The current Debt-to-Equity is 0.09, which is 18% below median its 10-year median of 0.11 and 80.4% below the Vehicles & Parts industry median of 0.46. Spectra Products' overall GF Score™ is 57/100 with 2 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 Spectra Products (TSXV:SSA), the current Debt-to-Equity is 0.09 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.

Is Spectra Products (TSXV:SSA) Overvalued in 2026?

Based on GuruFocus' analysis, Spectra Products stock appears to be undervalued. The current stock price of C$0.19 is trading 5% below its estimated GF Value™ of C$0.20. GuruFocus considers Spectra Products to be Fairly Valued.

Key valuation signals for TSXV:SSA:

  • Debt-to-Equity: 0.09 (18% below median its 10-year median of 0.11)
  • GF Value™: C$0.20 vs. price of C$0.19 (5% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 80.4% below the Vehicles & Parts median (#220 of 1225)

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


Spectra Products Business Description

Other Exchanges SPKTF:USA
Address 41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.
57GF Score

Get the complete analysis for TSXV:SSA

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

C$0.19
Price
C$0.20
GF Value