Blue Ocean Acquisition Corp Cash Flow Conversion Efficiency
Blue Ocean Acquisition Corp 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.
Cash Flow Conversion Efficiency of Blue Ocean Acquisition Corp (2021–2023)
Cash flow conversion efficiency of Blue Ocean Acquisition Corp from 2021 to 2023. This chart illustrates how Blue Ocean Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View BOCN stock price and chart for real-time trading data and today's change.
Blue Ocean Acquisition Corp Cash Flow Conversion Ratio Explained
Blue Ocean Acquisition Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market value of Blue Ocean Acquisition Corp for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
LETUS CAPITAL ZY 1
F:7I4
|
0.000x |
|
Akash Infra-Projects Limited
NSE:AKASH
|
0.021x |
|
Ronin Resources Ltd
AU:RON
|
-0.059x |
|
Aptose Biosciences Inc
TO:APS
|
0.381x |
|
Thai-German Products Public Company Limited
BK:TGPRO
|
0.008x |
|
Leveljump Healthcare Corp
V:JUMP
|
-0.116x |
|
Mask Investments Limited
NSE:MASKINVEST
|
-0.002x |
|
Diamond Fields Resources Inc
V:DFR
|
0.027x |
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. Review Blue Ocean Acquisition Corp (BOCN) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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