Blue Ocean Acquisition Corp (BOCN) — Net Asset Quality Index

Latest as of September 2024: 24.5%

Blue Ocean Acquisition Corp (BOCN) has a Net Asset Quality Index of 24.5% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $21.24 Million minus total liabilities of $16.05 Million yields net assets of $5.19 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check BOCN asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

24.5%
Equity / Total Assets

Net Assets

$5.19 Million
USD

Total Assets

$21.24 Million
USD

Total Liabilities

$16.05 Million
USD

Blue Ocean Acquisition Corp Net Asset Quality Index Over Time (2021–2023)

This chart shows how Blue Ocean Acquisition Corp's Net Asset Quality Index has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the index stands at 24.5%, representing net assets of $5.19 Million against total assets of $21.24 Million USD. See working capital to net assets of Blue Ocean Acquisition Corp to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Blue Ocean Acquisition Corp (2021–2023)

The table below presents the year-by-year Net Asset Quality Index for Blue Ocean Acquisition Corp from 2021 to 2023, covering 3 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Blue Ocean Acquisition Corp stock valuation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2023 82.0% $55.19 Million $67.34 Million $12.16 Million ▼ -13.2 pp
2022 95.2% $187.55 Million $197.09 Million $9.54 Million ▲ +5.5 pp
2021 89.6% $174.89 Million $195.12 Million $20.23 Million
pp = percentage points