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. Also see market cap of Black Spruce Exploration Inc. for the company's overall valuation and market capitalisation.
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. Explore BARK cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Maven Income And Growth Vct 5 Plc
LSE:MIG5
|
-0.005x |
|
Enlivex Therapeutics Ltd
TA:ENLV
|
-0.131x |
|
Darmi Bersaudara Tbk PT
JK:KAYU
|
0.001x |
|
Greencastle Resources Ltd.
V:VGN
|
-0.014x |
|
Mullen Automotive Inc.
NASDAQ:MULN
|
0.194x |
|
SecUR Credentials Limited
NSE:SECURCRED
|
0.033x |
|
Microlise Group PLC
LSE:SAAS
|
0.055x |
|
Leju Holdings Limited
NYSE:LEJUY
|
N/A |
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. View Black Spruce Exploration Inc. stock price for real-time trading data and today's change.
| 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.