Blue Ocean Acquisition Corp (BOCN) — Defensive Interval Ratio

Latest as of September 2023: 37 days

Blue Ocean Acquisition Corp (BOCN) has a Defensive Interval Ratio of 37 days as of September 2023. Defensive assets of $359.83K (cash $-, short-term investments $-, receivables $359.83K) cover 37 days of daily cash needs of $9.85K/day. See BOCN net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

37 days
Days of operational coverage

Defensive Assets

$359.83K
Cash + ST Investments + Receivables

Daily Cash Need

$9.85K
Current Liabilities ÷ 365

Current Liabilities

$3.59 Million
USD

Blue Ocean Acquisition Corp Defensive Interval Ratio (2021–2021)

This chart shows how Blue Ocean Acquisition Corp's Defensive Interval Ratio has evolved across 1 annual periods from 2021 to 2021. As of September 2023, the ratio stands at 37 days, meaning defensive assets of $359.83K can fund 37 days of operations without new revenue. See Blue Ocean Acquisition Corp balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Blue Ocean Acquisition Corp (2021–2021)

The table below presents the year-by-year Defensive Interval Ratio for Blue Ocean Acquisition Corp from 2021 to 2021, covering 1 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Blue Ocean Acquisition Corp stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2021 467986 days $193.55 Million $413.58/day $- $193.55 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)