Bullish Financial Flexibility Index

Latest as of March 2026: 0.12x

Bullish financial flexibility index. Bullish (BLSH) has a Financial Flexibility Index of 0.12x as of March 2026. Free cash flow of $77.56 Million (operating CF $77.15 Million minus capex $412.00K) represents 0% of total liabilities ($620.85 Million). See free cash flow generation of Bullish to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.12x
Free Cash Flow / Total Liabilities

Free Cash Flow

$77.56 Million
Operating CF − Capex

Total Liabilities

$620.85 Million
USD

Capital Expenditures

$412.00K
USD

Financial Flexibility Index of Bullish (2020–2025)

Financial flexibility index of Bullish from 2020 to 2025. Historical Financial Flexibility Index trend for Bullish across 6 annual periods. Check Bullish earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Bullish Financial Flexibility Index by Year (2020–2025)

Bullish financial flexibility index by year from 2020 to 2025. Year-by-year free cash flow to debt coverage for Bullish. For the full cash flow conversion analysis, see Bullish (BLSH) cash flow conversion.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.12x $80.42 Million $28.63 Million $658.17 Million ▲ +400.8%
2024 -0.04x $-26.27 Million $-29.98 Million $646.75 Million ▲ +83.1%
2023 -0.24x $-125.70 Million $-126.67 Million $522.23 Million ▼ -286.9%
2022 0.13x $196.21 Million $194.93 Million $1.52 Billion ▼ -18.8%
2021 0.16x $213.36 Million $-120.95 Million $1.34 Billion ▲ +109880.0%
2020 0.00x $-150.00K $-150.00K $1.04 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities