Black Rock Petro Financials
This page shows Black Rock Petro (BKRP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Near-zero assets and recurring funding dependence suggest the entity functioned more like a shell than an operating business.
By FY2016, liabilities reached$111.6K while cash was only$2 and the current ratio sat at 0.0x; paired with FY2015 negative operating cash flow of-$2.1K , that points to obligations accumulating without an operating asset base to absorb them.
The pattern from FY2014 to FY2016 is not one of a business reinvesting for growth; it is balance-sheet erosion, with liabilities rising from
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
We are recalculating Black Rock Petro's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
For every $1 of reported earnings, Black Rock Petro generates $1.14 in operating cash flow (-$24K OCF vs -$21K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Black Rock Petro reported -$21K in net income in fiscal year 2023. This represents a decrease of 36.6% from the prior year.
Cash & Balance Sheet
Black Rock Petro held $0 in cash against $0 in long-term debt as of fiscal year 2023.
Black Rock Petro had 200M shares outstanding in fiscal year 2023. This represents an increase of 24.3% from the prior year.
Margins & Returns
Capital Allocation
BKRP Income Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $0 | $0-100.0% | $1K | N/A | $12K+216.4% | $4K+227.6% | $1K | N/A |
| Operating Income | $0 | $0+100.0% | -$1K | N/A | -$12K-216.4% | -$4K-227.6% | -$1K | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $0 | $0 | N/A | N/A | $0 | $0 | N/A | N/A |
| Net Income | $0 | $0+100.0% | -$1K | N/A | -$12K-216.4% | -$4K-227.6% | -$1K | N/A |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | N/A | $0.00 | $0.00 | $0.00 | N/A |
BKRP Balance Sheet
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $0 | $0 | $0 | $0 | N/A | N/A | N/A | $0 |
| Current Assets | $0 | $0 | $0 | $0 | N/A | N/A | N/A | $0 |
| Cash & Equivalents | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $155K0.0% | $155K0.0% | $155K+0.6% | $154K | N/A | N/A | N/A | $133K |
| Current Liabilities | $155K0.0% | $155K0.0% | $155K+0.6% | $154K | N/A | N/A | N/A | $133K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$155K0.0% | -$155K0.0% | -$155K-0.6% | -$154K-2.8% | -$150K-8.6% | -$138K-2.8% | -$134K-0.9% | -$133K |
| Retained Earnings | -$157K0.0% | -$157K0.0% | -$157K-0.6% | -$156K | N/A | N/A | N/A | -$135K |
BKRP Cash Flow Statement
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $0 | $0+100.0% | -$2K | $0+100.0% | -$15K-78.5% | -$8K-700.1% | -$1K | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A |
| Financing Cash Flow | $0 | $0-100.0% | $2K | $0-100.0% | $15K+78.5% | $8K+700.1% | $1K | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BKRP Financial Ratios
| Metric | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 0.000.0 | 0.000.0 | 0.000.0 | 0.00 | N/A | N/A | N/A | 0.00 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$155K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is Black Rock Petro profitable?
No, Black Rock Petro (BKRP) reported a net income of -$21K in fiscal year 2023.
What is Black Rock Petro's operating cash flow?
Black Rock Petro (BKRP) generated -$24K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.
What are Black Rock Petro's total assets?
Black Rock Petro (BKRP) had $0 in total assets as of fiscal year 2023, including both current and long-term assets.
What is Black Rock Petro's current ratio?
Black Rock Petro (BKRP) had a current ratio of 0.00 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is Black Rock Petro's cash runway?
Based on fiscal year 2023 data, Black Rock Petro (BKRP) had $0 in cash against an annual operating cash burn of $24K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Black Rock Petro's debt-to-equity ratio negative or not reported?
Black Rock Petro (BKRP) has negative shareholder equity of -$155K as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Are Black Rock Petro's earnings high quality?
Black Rock Petro (BKRP) has an earnings quality ratio of 1.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.