Black Spruce Exploration Inc. (BARK) — Tangible Net Worth Ratio
Black Spruce Exploration Inc. (BARK) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$7.85 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how high is Black Spruce Exploration Inc.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Black Spruce Exploration Inc. Tangible Net Worth Ratio (2022–2024)
This chart shows how Black Spruce Exploration Inc.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2022 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$7.85 Million with intangible assets of CA$0.00 CAD. See BARK total equity for net asset value and shareholders' equity analysis.
Annual Tangible Net Worth Ratio for Black Spruce Exploration Inc. (2022–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Black Spruce Exploration Inc. from 2022 to 2024, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Black Spruce Exploration Inc. worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$9.85 Million | CA$0.00 | CA$12.79 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$5.14 Million | CA$0.00 | CA$6.08 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$1.77 Million | CA$0.00 | CA$2.84 Million | — |