Bullish (BLSH) — Net Asset Quality Index
Bullish (BLSH) has a Net Asset Quality Index of 81.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $3.32 Billion minus total liabilities of $620.85 Million yields net assets of $2.70 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Bullish defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Bullish Net Asset Quality Index Over Time (2020–2025)
This chart shows how Bullish's Net Asset Quality Index has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the index stands at 81.3%, representing net assets of $2.70 Billion against total assets of $3.32 Billion USD. Explore Bullish operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Bullish (2020–2025)
The table below presents the year-by-year Net Asset Quality Index for Bullish from 2020 to 2025, covering 6 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 Bullish (BLSH) market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.4% | $3.30 Billion | $3.96 Billion | $658.17 Million | ▲ +4.6 pp |
| 2024 | 78.8% | $2.40 Billion | $3.05 Billion | $646.75 Million | ▲ +7.7 pp |
| 2023 | 71.1% | $1.28 Billion | $1.80 Billion | $522.23 Million | ▲ +15.8 pp |
| 2022 | 55.3% | $1.88 Billion | $3.41 Billion | $1.52 Billion | ▼ -26.7 pp |
| 2021 | 82.0% | $6.11 Billion | $7.46 Billion | $1.34 Billion | ▲ +2.5 pp |
| 2020 | 79.5% | $4.01 Billion | $5.05 Billion | $1.04 Billion | — |