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Black Rock Petro Financials

BKRP
Source SEC Filings (10-K/10-Q) Updated Jul 31, 2023 Currency USD FYE April

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).

Rhea AI BKRP FY2023

Reported filings show a liability-heavy shell funded by external cash infusions rather than ongoing operations.

Across FY2014-FY2016, liabilities rose from $53K to $112K while cash never got above $1K, indicating the balance sheet was not being rebuilt internally but carried on a deeply negative equity base.

The clearest valid cash-flow pattern is cash burn matched by financing: in FY2015, operating cash flow was -$2K and financing cash flow was $2K, so basic corporate costs were being paid with new funding rather than business inflows. No working-capital cushion is visible because current assets peaked at $1K against current liabilities of at least $89K.

Some figures from recent filings were inconsistent and were omitted from this summary.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 0 / 100
Financial Profile 0/100

Based on FY2023 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Black Rock Petro's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Liquidity
0

Black Rock Petro's current ratio of 0.00 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Earnings Quality Low Quality
1.14x

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

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Earnings & Revenue

Revenue
N/A
EBITDA
N/A
Net Income
-$21K
YoY-36.6%

Black Rock Petro reported -$21K in net income in fiscal year 2023. This represents a decrease of 36.6% from the prior year.

EPS (Diluted)
$0.00

Black Rock Petro earned $0.00 per diluted share (EPS) in fiscal year 2023.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$0

Black Rock Petro held $0 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share
N/A
Shares Outstanding
200M
YoY+24.3%
5Y CAGR+10.6%

Black Rock Petro had 200M shares outstanding in fiscal year 2023. This represents an increase of 24.3% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

BKRP Income Statement

Metric Q1'24 Q4'23 Q1'23 Q4'22 Q1'17 Q4'16 Q3'16 Q2'16
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 $1K N/A $1K N/A N/A N/A N/A N/A
Operating Income -$1K N/A -$1K N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income -$1K N/A -$1K N/A N/A N/A N/A N/A
EPS (Diluted) $0.00 N/A $0.00 N/A N/A N/A N/A N/A

BKRP Balance Sheet

Metric Q1'24 Q4'23 Q1'23 Q4'22 Q1'17 Q4'16 Q3'16 Q2'16
Total Assets $0 $0 N/A $0-100.0% $20.0% $20.0% $2-97.9% $95
Current Assets $0 $0 N/A $0-100.0% $20.0% $20.0% $2-97.9% $95
Cash & Equivalents $0 $0 $0 $0-100.0% $20.0% $20.0% $2-97.9% $95
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 $155K+0.6% $154K N/A $133K+19.2% $112K+6.3% $105K+3.4% $102K+5.6% $96K
Current Liabilities $155K+0.6% $154K N/A $133K+19.2% $112K+6.3% $105K+3.4% $102K+5.6% $96K
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$155K-0.6% -$154K-14.7% -$134K-0.9% -$133K-19.2% -$112K-6.3% -$105K-3.4% -$102K-5.7% -$96K
Retained Earnings -$157K-0.6% -$156K N/A -$135K-19.8% -$113K-6.2% -$106K-3.3% -$103K-5.6% -$97K

BKRP Cash Flow Statement

Metric Q1'24 Q4'23 Q1'23 Q4'22 Q1'17 Q4'16 Q3'16 Q2'16
Operating Cash Flow -$2K N/A -$1K N/A N/A N/A N/A 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 N/A $0 N/A N/A N/A N/A N/A
Financing Cash Flow $2K N/A $1K N/A N/A N/A N/A 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 Q1'24 Q4'23 Q1'23 Q4'22 Q1'17 Q4'16 Q3'16 Q2'16
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 0.00 N/A 0.000.0 0.000.0 0.000.0 0.000.0 0.00
Debt-to-Equity -1.000.0 -1.00 N/A -1.000.0 -1.000.0 -1.000.0 -1.000.0 -1.00
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

No, Black Rock Petro (BKRP) reported a net income of -$21K in fiscal year 2023.

Black Rock Petro (BKRP) reported diluted earnings per share of $0.00 for fiscal year 2023. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Black Rock Petro (BKRP) generated -$24K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Black Rock Petro (BKRP) had $0 in total assets as of fiscal year 2023, including both current and long-term assets.

Black Rock Petro (BKRP) had 200M shares outstanding as of fiscal year 2023.

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.

Black Rock Petro (BKRP) had a debt-to-equity ratio of -1.00 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

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.

Black Rock Petro (BKRP) has negative shareholder equity of -$155K as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. 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.

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.

Black Rock Petro (BKRP) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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