Blue Ocean Acquisition Corp (BOCN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Blue Ocean Acquisition Corp (BOCN) has a cash flow conversion efficiency ratio of -0.078x as of September 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-406.38K) by net assets ($5.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see BOCN stock market capitalisation for the company's overall valuation and market capitalisation.
Blue Ocean Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Blue Ocean Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Blue Ocean Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Blue Ocean Acquisition Corp ranked by their cash flow conversion efficiency. Explore how high is Blue Ocean Acquisition Corp's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ScandiDos AB
ST:SDOS
|
-0.020x |
|
Jain Irrigation Systems Limited
NSE:JISLDVREQS
|
0.032x |
|
Provaris Energy Ltd
AU:PV1
|
-2.619x |
|
Akash Infra-Projects Limited
NSE:AKASH
|
0.021x |
|
Thai-German Products Public Company Limited
BK:TGPRO
|
0.008x |
|
Bank Maybank Indonesia Tbk PT
JK:BNII
|
0.000x |
|
Leveljump Healthcare Corp
V:JUMP
|
-0.116x |
|
Critical Minerals Group Ltd
AU:CMG
|
0.171x |
Annual Cash Flow Conversion Efficiency for Blue Ocean Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Blue Ocean Acquisition Corp from 2021 to 2023. View Blue Ocean Acquisition Corp (BOCN) share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $55.19 Million | $-1.56 Million | -0.028x | -1183.35% |
| 2022-12-31 | $187.55 Million | $-411.94K | -0.002x | +35.47% |
| 2021-12-31 | $174.89 Million | $-595.29K | -0.003x | -- |
About Blue Ocean Acquisition Corp
Blue Ocean Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to… Read more