Bullish (BLSH) — Financial Flexibility Index

Latest as of December 2025: 0.11x

Bullish (BLSH) has a Financial Flexibility Index of 0.11x as of December 2025. Free cash flow of $69.61 Million (operating CF $61.83 Million minus capex $7.78 Million) represents 0% of total liabilities ($658.17 Million). Also explore BLSH net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$69.61 Million
Operating CF − Capex

Total Liabilities

$658.17 Million
USD

Capital Expenditures

$7.78 Million
USD

Bullish Financial Flexibility Index (2020–2025)

Historical Financial Flexibility Index trend for Bullish across 6 annual periods. Check BLSH asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Annual Financial Flexibility Index for Bullish (2020–2025)

Year-by-year free cash flow to debt coverage for Bullish. For the full company profile including market capitalisation, see Bullish (BLSH) total market value.

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