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 ≈ $-2.58 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See BKI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Black Iron Inc. - Cash Flow Conversion Efficiency Trend (2011–2025)
This chart illustrates how Black Iron Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
Black Iron Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Black Iron Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Uvre Ltd
AU:UVA
|
-0.248x |
|
IL&FS Investment Managers Limited
NSE:IVC
|
-0.037x |
|
SHH Resources Holdings Bhd
KLSE:7412
|
0.048x |
|
Prodigy Public Company Limited
BK:PDG
|
0.055x |
|
Retail Food Group Ltd
AU:RFG
|
0.000x |
|
Microbix Biosystems Inc.
TO:MBX
|
-0.012x |
|
Live Ventures Inc
NASDAQ:LIVE
|
0.103x |
|
Santa Fe Minerals Ltd
AU:SFM
|
0.000x |
Annual Cash Flow Conversion Efficiency for Black Iron Inc. (2011–2025)
The table below shows the annual cash flow conversion efficiency of Black Iron Inc. from 2011 to 2025. For the full company profile with market capitalisation and key ratios, see BKI market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$-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.