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. See Blue Ocean Acquisition Corp net asset quality index to measure how much of total assets are equity-financed.
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. Check BOCN operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Invibes Advertising NV
PA:ALINV
|
-0.215x |
|
Ashtead Technology Holdings PLC
LSE:AT
|
0.153x |
|
DMD Digital Health Connections Group Inc
NASDAQ:APTOF
|
0.215x |
|
Entreprendre
PA:ALENR
|
0.003x |
|
Locafy Ltd
NASDAQ:LCFY
|
-0.096x |
|
333D Ltd
AU:T3D
|
0.084x |
|
Applied DNA Sciences Inc
NASDAQ:APDN
|
-0.403x |
|
Prima Alloy Steel Universal
JK:PRAS
|
0.006x |
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. For the full company profile with market capitalisation and key ratios, see Blue Ocean Acquisition Corp market capitalisation.
| 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