Aurora Spine Corporation
Aurora Spine Corporation, through its subsidiary, Aurora Spine, Inc., engages in the development and distribution of minimally invasive interspinous fusion systems and devices in Canada. The company offers interspinous process lumbar fusion devices, such as the ZIP, ZIP ULTR, ZIP LP, and ZIP-51 for patients suffering from degenerative disc diseases. It also provides SOLO, an anterior lumbar inter… Read more
Aurora Spine Corporation (ASAPF) - Total Assets
Latest total assets as of September 2025: $11.69 Million USD
Based on the latest financial reports, Aurora Spine Corporation (ASAPF) holds total assets worth $11.69 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Aurora Spine Corporation - Total Assets Trend (2017–2024)
This chart illustrates how Aurora Spine Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Aurora Spine Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Aurora Spine Corporation's total assets of $11.69 Million consist of 72.8% current assets and 27.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.6% |
| Accounts Receivable | $3.14 Million | 26.9% |
| Inventory | $3.61 Million | 31.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $801.62K | 6.9% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how Aurora Spine Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Aurora Spine Corporation's current assets represent 72.8% of total assets in 2024, an increase from 71.1% in 2017.
- Cash Position: Cash and equivalents constituted 6.6% of total assets in 2024, up from 0.2% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is inventory at 31.0% of total assets.
Aurora Spine Corporation Competitors by Total Assets
Key competitors of Aurora Spine Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cheelcare Inc.
V:CHER
|
Canada | CA$4.27 Million |
|
FluroTech Ltd
OTCQB:FLURF
|
USA | $282.20K |
|
DRGEM Corporation
KQ:263690
|
Korea | ₩119.28 Billion |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
Aurora Spine Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Aurora Spine Corporation generates 1.50x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Aurora Spine Corporation is currently not profitable relative to its asset base.
Aurora Spine Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.94 | 2.40 | 3.33 |
| Quick Ratio | 1.10 | 1.38 | 2.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $4.30 Million | $ 5.11 Million | $ 3.63 Million |
Aurora Spine Corporation - Advanced Valuation Insights
This section examines the relationship between Aurora Spine Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 4.64 |
| Latest Market Cap to Assets Ratio | 1.11 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | $11.67 Million |
| Market Capitalization | $12.90 Million USD |
Valuation Analysis
Above Book Valuation: The market values Aurora Spine Corporation's assets above their book value (1.11 x), reflecting positive investor sentiment about the company's future prospects.
Slight Asset Contraction: Aurora Spine Corporation's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Aurora Spine Corporation (2017–2024)
The table below shows the annual total assets of Aurora Spine Corporation from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.67 Million | -2.60% |
| 2023-12-31 | $11.99 Million | +18.39% |
| 2022-12-31 | $10.12 Million | -4.17% |
| 2021-12-31 | $10.56 Million | +47.64% |
| 2020-12-31 | $7.16 Million | +7.21% |
| 2019-12-31 | $6.67 Million | -2.48% |
| 2018-12-31 | $6.84 Million | +29.40% |
| 2017-12-31 | $5.29 Million | -- |