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 -0.002x 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. See Black Spruce Exploration Inc. (BARK) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check BARK cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
ALPHAHELIX MOL.DIAGN. SK1
F:4MB
|
-2.585x |
|
Insplorion AB
ST:INSP
|
-0.139x |
|
Sarawak Cable Bhd
KLSE:5170
|
0.002x |
|
Strix Group Plc
LSE:KETL
|
0.250x |
|
Centaurus Energy Inc
V:CTA
|
-0.044x |
|
VivoSim Labs, Inc.
NASDAQ:VIVS
|
-0.511x |
|
Rimo International Lestari Tbk PT
JK:RIMO
|
-0.030x |
|
WELLFIELD TECHNOLOG. INC.
F:K8D
|
0.028x |
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 market value of Black Spruce Exploration Inc..
| 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.