Black Iron Inc
Black Iron Inc. engages in the exploration and development of iron ore in Ukraine. The company holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. Black Iron Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.
Black Iron Inc (BKIRF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.136x
Based on the latest financial reports, Black Iron Inc (BKIRF) has a cash flow conversion efficiency ratio of 0.136x as of September 2025.
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 ($-393.49K) by net assets ($-2.90 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Black Iron Inc - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Black Iron Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Black Iron Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Black Iron Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Apollo Food Holdings Bhd
KLSE:6432
|
0.007x |
|
Fathom Holdings Inc
NASDAQ:FTHM
|
0.070x |
|
Okong Corporation
KQ:045060
|
0.044x |
|
PT Energi Mega Persada Tbk
F:HFK
|
N/A |
|
Meribank Biotech Co., Ltd
TWO:4724
|
0.092x |
|
Sukhjit Starch & Chemicals Limited
NSE:SUKHJITS
|
-0.146x |
|
Modulight Oyj
HE:MODU
|
-0.010x |
|
Cytosorbents Corporation
F:HQE1
|
N/A |
Annual Cash Flow Conversion Efficiency for Black Iron Inc (2011–2024)
The table below shows the annual cash flow conversion efficiency of Black Iron Inc from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $-1.97 Million | $-2.04 Million | 1.037x | -86.88% |
| 2023-12-31 | $-153.95K | $-1.22 Million | 7.902x | +414.79% |
| 2022-12-31 | $1.31 Million | $-3.28 Million | -2.510x | -135.88% |
| 2021-12-31 | $4.66 Million | $-4.96 Million | -1.064x | -455.64% |
| 2020-12-31 | $-5.73 Million | $-1.71 Million | 0.299x | -76.77% |
| 2019-12-31 | $-1.73 Million | $-2.23 Million | 1.288x | +120.48% |
| 2018-12-31 | $306.85K | $-1.93 Million | -6.288x | -848.37% |
| 2017-12-31 | $3.81 Million | $-2.52 Million | -0.663x | -77.58% |
| 2016-12-31 | $5.16 Million | $-1.93 Million | -0.373x | -96.08% |
| 2015-12-31 | $13.41 Million | $-2.55 Million | -0.190x | -13.02% |
| 2014-12-31 | $38.88 Million | $-6.55 Million | -0.168x | +46.54% |
| 2013-12-31 | $22.78 Million | $-7.18 Million | -0.315x | -481.19% |
| 2012-12-31 | $58.24 Million | $-3.16 Million | -0.054x | +28.09% |
| 2011-12-31 | $61.40 Million | $-4.63 Million | -0.075x | -- |