Bullish Net Asset Quality Index

Latest as of March 2026: 81.3%

Bullish 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 BLSH total equity for net asset value and shareholders' equity analysis.

Quality Index

81.3%
Equity / Total Assets

Net Assets

$2.70 Billion
USD

Total Assets

$3.32 Billion
USD

Total Liabilities

$620.85 Million
USD

Net Asset Quality Index of Bullish (2020–2025)

Net asset quality index of Bullish from 2020 to 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. Check Bullish tangible book value ratio to evaluate the tangible quality of the company's equity base.

Bullish Net Asset Quality Index by Year (2020–2025)

Bullish net asset quality index by year from 2020 to 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 live market cap and overall valuation, see how much is Bullish worth.

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 —
pp = percentage points