Blue Ocean Acquisition Corp (BOCN) - Total Assets
Based on the latest financial reports, Blue Ocean Acquisition Corp (BOCN) holds total assets worth $21.24 Million USD as of September 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See BOCN net asset value for net asset value and shareholders' equity analysis.
Blue Ocean Acquisition Corp - Total Assets Trend (2021–2023)
This chart illustrates how Blue Ocean Acquisition Corp's total assets have evolved over time, based on quarterly financial data.
Blue Ocean Acquisition Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Blue Ocean Acquisition Corp's total assets of $21.24 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how Blue Ocean Acquisition Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Blue Ocean Acquisition Corp (BOCN) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Blue Ocean Acquisition Corp's current assets represent 0.2% of total assets in 2023, a decrease from 0.7% in 2021.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2023, down from 0.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Blue Ocean Acquisition Corp Competitors by Total Assets
Key competitors of Blue Ocean Acquisition Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
M3-Brigade Acquisition V Corp. Units
NASDAQ:MBAVU
|
USA | $308.18 Million |
|
Praetorian Acquisition Corp. Class A Ordinary Shares
NASDAQ:PTOR
|
USA | $57.32K |
|
Helix Acquisition Corp. II Class A Ordinary Shares
NASDAQ:HLXB
|
USA | $197.39 Million |
|
Marblegate Acquisition Corp
NASDAQ:GATE
|
USA | $4.17 Million |
|
Bluerock Acquisition Corp. Class A Ordinary Shares
NASDAQ:BLRK
|
USA | $571.66K |
|
Mountain & I Acquisition Co Corp
NASDAQ:MCAA
|
USA | $96.04 Million |
|
Dune Acquisition Corporation II Class A Ordinary Shares
NASDAQ:IPOD
|
USA | $148.30 Million |
|
Tavia Acquisition Corp. Unit
NASDAQ:TAVIU
|
USA | $120.09 Million |
Blue Ocean Acquisition Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.15 | 0.12 |
| Quick Ratio | 0.01 | 0.15 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-8.23 Million | $-3.07 Million | $-189.94K |
Blue Ocean Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between Blue Ocean Acquisition Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 13.59 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -65.8% |
| Total Assets | $67.34 Million |
| Market Capitalization | $3.66 Million USD |
Valuation Analysis
Below Book Valuation: The market values Blue Ocean Acquisition Corp's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Blue Ocean Acquisition Corp's assets decreased by 65.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Blue Ocean Acquisition Corp (2021–2023)
The table below shows the annual total assets of Blue Ocean Acquisition Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $67.34 Million | -65.83% |
| 2022-12-31 | $197.09 Million | +1.01% |
| 2021-12-31 | $195.12 Million | -- |
About Blue Ocean Acquisition Corp
Blue Ocean Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to… Read more