Black Spruce Exploration Inc. Cash Flow Conversion Efficiency
Black Spruce Exploration Inc. cash flow conversion efficiency. Based on the latest financial reports, Black Spruce Exploration Inc. (BARK) has a cash flow conversion efficiency ratio of -0.002x 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$5.52K ≈ $3.99K USD) by net assets (CA$-2.75 Million ≈ $-1.99 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Black Spruce Exploration Inc. (2022–2024)
Cash flow conversion efficiency of Black Spruce Exploration Inc. from 2022 to 2024. This chart illustrates how Black Spruce Exploration Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View Black Spruce Exploration Inc. stock price for real-time trading data and today's change.
Black Spruce Exploration Inc. Cash Flow Conversion Ratio Explained
Black Spruce Exploration Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Black Spruce Exploration Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Black Spruce Exploration Inc. ranked by their cash flow conversion efficiency. Also see Black Spruce Exploration Inc. (BARK) total market value for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hennessy Capital Investment Corp. VII Rights
NASDAQ:HVIIR
|
N/A |
|
EPWK Holdings Ltd. Class A Ordinary Shares
NASDAQ:EPWK
|
7.076x |
|
TrustBIX Inc
V:TBIX
|
0.061x |
|
MAPLE LEAF GREEN WORLD
F:4HV0
|
0.000x |
|
Zinnwald Lithium PLC
LSE:ZNWD
|
-0.027x |
|
Venus Concept Inc
NASDAQ:VERO
|
-1.560x |
|
Queste Communications Ltd
AU:QUE
|
-0.021x |
|
T-Bull S.A
WAR:TBL
|
0.251x |
Annual Cash Flow Conversion Efficiency for Black Spruce Exploration Inc. (2022–2024)
The table below shows the annual cash flow conversion efficiency of Black Spruce Exploration Inc. from 2022 to 2024. Review BARK free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-06-30 | CA$9.85 Million ≈ $7.12 Million |
CA$-1.29 Million ≈ $-933.65K |
-0.131x | +48.58% |
| 2023-06-30 | CA$5.14 Million ≈ $3.72 Million |
CA$-1.31 Million ≈ $-947.40K |
-0.255x | -897.42% |
| 2022-06-30 | CA$1.77 Million ≈ $1.28 Million |
CA$56.67K ≈ $40.99K |
0.032x | -- |
About Black Spruce Exploration Inc.
Black Spruce Exploration Inc. engages in the exploration and evaluation of resource properties in North America. The company primarily explores for lithium deposits. The company was formerly known as Lithium One Metals Inc. and changed its name Black Spruce Exploration Inc. in December 2025. Black Spruce Exploration Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.