Black Spruce Exploration Inc. (BARK) — Net Asset Quality Index
Black Spruce Exploration Inc. (BARK) has a Net Asset Quality Index of -3292.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$83.51K minus total liabilities of CA$2.83 Million yields net assets of CA$-2.75 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Black Spruce Exploration Inc. to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Black Spruce Exploration Inc. Net Asset Quality Index Over Time (2022–2024)
This chart shows how Black Spruce Exploration Inc.'s Net Asset Quality Index has evolved across 3 annual periods from 2022 to 2024. As of March 2026, the index stands at -3292.6%, representing net assets of CA$-2.75 Million against total assets of CA$83.51K CAD. Explore Black Spruce Exploration Inc. cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Black Spruce Exploration Inc. (2022–2024)
The table below presents the year-by-year Net Asset Quality Index for Black Spruce Exploration Inc. from 2022 to 2024, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see BARK market cap.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 77.0% | CA$9.85 Million | CA$12.79 Million | CA$2.94 Million | ▼ -7.5 pp |
| 2023 | 84.5% | CA$5.14 Million | CA$6.08 Million | CA$943.23K | ▲ +22.0 pp |
| 2022 | 62.5% | CA$1.77 Million | CA$2.84 Million | CA$1.07 Million | — |