Bullish (BLSH) — Cash Flow Quality Index

Latest as of September 2025: -2.53x

Bullish (BLSH) has a Cash Flow Quality Index of -2.53x as of September 2025. Operating cash flow of $-46.62 Million is below net income of $18.45 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore total assets of Bullish for the complete picture of this company's asset base.

Cash Flow Quality Index

-2.53x
Operating CF / Net Income

Operating Cash Flow

$-46.62 Million
USD

Net Income

$18.45 Million
USD

Data as of

Sep 2025
Most recent filing

Bullish Cash Flow Quality Index (2023–2024)

Historical Cash Flow Quality Index for Bullish across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check BLSH tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Bullish (2023–2024)

Year-by-year earnings quality comparison for Bullish. For live market cap and the full company financial profile, see Bullish market capitalisation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 -0.38x $-29.98 Million $79.56 Million ▼ -286.7%
2023 -0.10x $-126.67 Million $1.30 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.