There is provided herein a lifting and inversion bar especially configured for repositioning cable spools which typically comprise fragile end stop annuli. The present cable spool lifting and inversion bar is configured for repositioning a cable spool comprising a length and radius between horizontal (that is wherein the axis of the cable spool is horizontal) and vertical (that is wherein the axis of the cable spools vertical) orientations. The inversion bar comprises a straight frame and an orthogonal shaft bisecting the frame into long and short ends. Furthermore, for the vertical orientation, the spool is able to freely rests atop the frame without additional support which negates the requirement for horizontal spacers as does the prior art. In this way, the spool may be conveniently lifted from the inversion by using a forklift, a convenient procedure not made possible by the prior art arrangements.