DarkHorse Technologies Inc. (DRK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, DarkHorse Technologies Inc. (DRK) has a cash flow conversion efficiency ratio of -0.314x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-5.30 Million) by net assets ($16.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see how much is DarkHorse Technologies Inc. worth for the company's overall valuation and market capitalisation.
DarkHorse Technologies Inc. - Cash Flow Conversion Efficiency Trend (2022–2025)
This chart illustrates how DarkHorse Technologies Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View DarkHorse Technologies Inc. stock price for real-time trading data and today's change.
DarkHorse Technologies Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DarkHorse Technologies Inc. ranked by their cash flow conversion efficiency. Review DRK financial flexibility index to assess the company's free cash flow relative to its total liabilities.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Avax One Technology Ltd.
NASDAQ:AVX
|
-0.030x |
|
Tysnes Sparebank
OL:TYSB
|
N/A |
|
U Power Limited Ordinary Shares
NASDAQ:UCAR
|
-0.118x |
|
Birman Wood and Hardware Ltd
TA:BIRM
|
0.326x |
|
Imperial Equities Inc.
V:IEI
|
0.026x |
|
Energía Innovación y Desarrollo Fotovoltaico S.A.
MC:EIDF
|
-21.569x |
|
Impero AS
CO:IMPERO
|
-1.696x |
|
Trajan Group Holdings Ltd
AU:TRJ
|
-0.002x |
Annual Cash Flow Conversion Efficiency for DarkHorse Technologies Inc. (2022–2025)
The table below shows the annual cash flow conversion efficiency of DarkHorse Technologies Inc. from 2022 to 2025. Also see DRK total asset value for a full breakdown of the balance sheet.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $23.30 Million | $-16.12 Million | -0.692x | -494.33% |
| 2024-12-31 | $39.31 Million | $-4.58 Million | -0.116x | +53.10% |
| 2023-12-31 | $26.52 Million | $-6.58 Million | -0.248x | +64.06% |
| 2022-12-31 | $44.56 Million | $-30.77 Million | -0.691x | -- |
About DarkHorse Technologies Inc.
DarkHorse Technologies Inc. operates as a digital infrastructure company. It focuses on operating and expanding power and data center assets for computing, AI workloads, and digital asset infrastructure. The company was formerly known as Sphere 3D Corp. and changed its name to DarkHorse Technologies Inc. in September 2026. DarkHorse Technologies Inc. is based in Stamford, Connecticut.