Aurora Spine Corp (ASG) — Tangible Net Worth Ratio
Aurora Spine Corp (ASG) has a Tangible Net Worth Ratio of 81.7% as of September 2025. This metric is calculated by deducting intangible assets (CA$701.49K) from net assets (CA$3.83 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Aurora Spine Corp (ASG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Aurora Spine Corp Tangible Net Worth Ratio (2012–2024)
This chart shows how Aurora Spine Corp's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 81.7%, reflecting net assets of CA$3.83 Million with intangible assets of CA$701.49K CAD. See ASG defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Aurora Spine Corp (2012–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Aurora Spine Corp from 2012 to 2024, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Aurora Spine Corp market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 81.8% | CA$4.40 Million | CA$801.62K | CA$11.67 Million | ▼ -4.0 pp |
| 2023 | 85.8% | CA$5.30 Million | CA$753.18K | CA$11.99 Million | ▲ +6.2 pp |
| 2022 | 79.6% | CA$4.32 Million | CA$881.35K | CA$10.12 Million | ▼ -5.1 pp |
| 2021 | 84.7% | CA$5.57 Million | CA$854.33K | CA$10.56 Million | ▲ +11.1 pp |
| 2020 | 73.5% | CA$3.28 Million | CA$868.95K | CA$7.16 Million | ▲ +21.0 pp |
| 2019 | 52.6% | CA$1.77 Million | CA$838.91K | CA$6.67 Million | ▼ -18.6 pp |
| 2018 | 71.1% | CA$2.96 Million | CA$853.53K | CA$6.84 Million | ▼ -12.9 pp |
| 2017 | 84.0% | CA$1.65 Million | CA$264.25K | CA$5.29 Million | ▼ -9.9 pp |
| 2016 | 93.9% | CA$3.47 Million | CA$210.97K | CA$7.04 Million | ▼ -1.6 pp |
| 2015 | 95.5% | CA$4.69 Million | CA$210.97K | CA$7.99 Million | ▲ +1.5 pp |
| 2014 | 94.0% | CA$3.50 Million | CA$210.97K | CA$8.14 Million | ▲ +11.0 pp |
| 2013 | 83.0% | CA$1.44 Million | CA$245.25K | CA$2.50 Million | ▲ +41.7 pp |
| 2012 | 41.3% | CA$158.51K | CA$93.11K | CA$388.51K | — |