Black Spruce Exploration Inc. (BARK) — Defensive Interval Ratio

Latest as of December 2025: 11 days

Black Spruce Exploration Inc. (BARK) has a Defensive Interval Ratio of 11 days as of December 2025. Defensive assets of CA$93.64K (cash CA$-, short-term investments CA$-, receivables CA$93.64K) cover 11 days of daily cash needs of CA$8.16K/day. See net assets of Black Spruce Exploration Inc. for net asset value and shareholders' equity analysis.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

CA$93.64K
Cash + ST Investments + Receivables

Daily Cash Need

CA$8.16K
Current Liabilities ÷ 365

Current Liabilities

CA$2.98 Million
CAD

Black Spruce Exploration Inc. Defensive Interval Ratio (2023–2024)

This chart shows how Black Spruce Exploration Inc.'s Defensive Interval Ratio has evolved across 2 annual periods from 2023 to 2024. As of December 2025, the ratio stands at 11 days, meaning defensive assets of CA$93.64K can fund 11 days of operations without new revenue. Explore cash flow conversion of Black Spruce Exploration Inc. to assess how effectively this company generates cash.

Annual Defensive Interval Ratio for Black Spruce Exploration Inc. (2023–2024)

The table below presents the year-by-year Defensive Interval Ratio for Black Spruce Exploration Inc. from 2023 to 2024, covering 2 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see BARK stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2024 6 days CA$44.63K CA$7.06K/day CA$- CA$- ▼ -11 days
2023 18 days CA$45.47K CA$2.58K/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)