Black Iron Inc. (BKI) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Black Iron Inc. (BKI) has a cash flow conversion efficiency ratio of 0.093x as of March 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 (CA$-329.79K ≈ $-238.57K USD) by net assets (CA$-3.56 Million ≈ $-2.58 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BKI net asset quality index to measure how much of total assets are equity-financed.
Black Iron Inc. - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Black Iron Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Black Iron Inc. (BKI) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Black Iron Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Black Iron Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DigitalX Limited
F:VSL
|
-0.021x |
|
Triumph Gold Corp
V:TIG
|
-0.207x |
|
Auric Mining Ltd
AU:AWJ
|
0.143x |
|
JSW Pacific
TWO:5251
|
-0.049x |
|
Lotus Eye Hospital and Institute Limited
NSE:LOTUSEYE
|
0.008x |
|
DIAMINES AND CHEMICALS ORD (BSE)
NSE:DIAMINESQ
|
-0.045x |
|
Asuransi Harta Aman Pratama Tbk PT
JK:AHAP
|
0.088x |
|
Nova Wellness Group Bhd
KLSE:0201
|
0.095x |
Annual Cash Flow Conversion Efficiency for Black Iron Inc. (2011–2025)
The table below shows the annual cash flow conversion efficiency of Black Iron Inc. from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Black Iron Inc..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$-3.23 Million ≈ $-2.33 Million |
CA$-1.11 Million ≈ $-804.18K |
0.345x | -66.76% |
| 2024-12-31 | CA$-1.97 Million ≈ $-1.42 Million |
CA$-2.04 Million ≈ $-1.48 Million |
1.037x | -86.88% |
| 2023-12-31 | CA$-153.95K ≈ $-111.36K |
CA$-1.22 Million ≈ $-880.02K |
7.902x | +414.79% |
| 2022-12-31 | CA$1.31 Million ≈ $944.92K |
CA$-3.28 Million ≈ $-2.37 Million |
-2.510x | -135.88% |
| 2021-12-31 | CA$4.66 Million ≈ $3.37 Million |
CA$-4.96 Million ≈ $-3.59 Million |
-1.064x | -455.64% |
| 2020-12-31 | CA$-5.73 Million ≈ $-4.15 Million |
CA$-1.71 Million ≈ $-1.24 Million |
0.299x | -76.77% |
| 2019-12-31 | CA$-1.73 Million ≈ $-1.25 Million |
CA$-2.23 Million ≈ $-1.61 Million |
1.288x | +120.48% |
| 2018-12-31 | CA$306.85K ≈ $221.97K |
CA$-1.93 Million ≈ $-1.40 Million |
-6.288x | -848.37% |
| 2017-12-31 | CA$3.81 Million ≈ $2.75 Million |
CA$-2.52 Million ≈ $-1.83 Million |
-0.663x | -77.58% |
| 2016-12-31 | CA$5.16 Million ≈ $3.73 Million |
CA$-1.93 Million ≈ $-1.39 Million |
-0.373x | -96.08% |
| 2015-12-31 | CA$13.41 Million ≈ $9.70 Million |
CA$-2.55 Million ≈ $-1.85 Million |
-0.190x | -13.02% |
| 2014-12-31 | CA$38.88 Million ≈ $28.13 Million |
CA$-6.55 Million ≈ $-4.74 Million |
-0.168x | +46.54% |
| 2013-12-31 | CA$22.78 Million ≈ $16.48 Million |
CA$-7.18 Million ≈ $-5.19 Million |
-0.315x | -481.19% |
| 2012-12-31 | CA$58.24 Million ≈ $42.13 Million |
CA$-3.16 Million ≈ $-2.28 Million |
-0.054x | +28.09% |
| 2011-12-31 | CA$61.40 Million ≈ $44.41 Million |
CA$-4.63 Million ≈ $-3.35 Million |
-0.075x | -- |
About Black Iron Inc.
Black Iron Inc. engages in the exploration and development of iron ore in Ukraine. It holds a 100% interest in the Shymanivske iron ore project covering an area of 2.56 square kilometers located in Krivyi Rih, Ukraine. The company was incorporated in 2010 and is headquartered in Toronto, Canada.