Black Spruce Exploration Inc. (BARK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Black Spruce Exploration Inc. (BARK) has a cash flow conversion efficiency ratio of -0.007x as of December 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 (CA$20.04K ≈ $14.50K USD) by net assets (CA$-2.72 Million ≈ $-1.97 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 how many days can Black Spruce Exploration Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Black Spruce Exploration Inc. - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Black Spruce Exploration Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sarawak Cable Bhd
KLSE:5170
|
0.002x |
|
Tower Investments SA
WAR:TOW
|
-0.116x |
|
GOLDREA RES CORP.
F:GOJ1
|
N/A |
|
Ampli SA w upadlosci ukladowej
WAR:APL
|
0.049x |
|
Rimo International Lestari Tbk PT
JK:RIMO
|
-0.030x |
|
Queste Communications Ltd
AU:QUE
|
-0.039x |
|
WELLFIELD TECHNOLOG. INC.
F:K8D
|
0.028x |
|
Biora Therapeutics Inc
NASDAQ:BIOR
|
0.082x |
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. For the full company profile with market capitalisation and key ratios, see BARK company net worth.
| 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.