Black Spruce Exploration Inc. (BARK) — Net Asset Quality Index
Black Spruce Exploration Inc. (BARK) has a Net Asset Quality Index of -599.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$454.08K minus total liabilities of CA$3.18 Million yields net assets of CA$-2.72 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Black Spruce Exploration Inc. (BARK) flexibility index to measure the company's free cash flow as a share of total liabilities.
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 December 2025, the index stands at -599.8%, representing net assets of CA$-2.72 Million against total assets of CA$454.08K CAD. Explore BARK capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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 stock market capitalisation.
| 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 | — |