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.
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. Read debt load of Blue Ocean Acquisition Corp for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Tree House Education & Accessories Limited
NSE:TREEHOUSE
|
0.000x |
|
The Scottish Oriental Smaller Companies Trust plc
LSE:SST
|
0.012x |
|
Aberdeen New India Investment Trust PLC
LSE:ANII
|
-0.002x |
|
Fenbo Holdings Limited Ordinary Shares
NASDAQ:FEBO
|
0.027x |
|
ZhongDe Waste Technology AG
F:ZEF
|
-0.054x |
|
ARC Funds Ltd
AU:ARC
|
-0.304x |
|
CBI Co. Ltd
KQ:013720
|
-0.022x |
|
Burley Minerals Ltd
AU:BUR
|
-0.170x |
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 how much is Blue Ocean Acquisition Corp worth.
| 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