Bullish Total Assets
Bullish total assets. Based on the latest financial reports, Bullish (BLSH) holds total assets worth $3.32 Billion USD as of March 2026. 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. Also see Bullish market cap and net worth for the company's overall valuation and market capitalisation.
Total Assets of Bullish (2020–2025)
Total assets of Bullish from 2020 to 2025. This chart illustrates how Bullish's total assets have evolved over time, based on quarterly financial data. See BLSH stock price and chart for real-time trading data and today's change.
Bullish - Asset Composition Analysis
Bullish Total Assets Breakdown (December 2025)
Bullish total assets breakdown as of December 2025. Bullish's total assets of $3.32 Billion consist of 96.2% current assets and 3.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.7% |
| Accounts Receivable | $475.04 Million | 12.0% |
| Inventory | $206.18 Million | 5.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $31.10 Million | 0.8% |
| Goodwill | $63.06 Million | 1.6% |
Asset Composition Trend (2020–2025)
This chart illustrates how Bullish'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. Explore Bullish (BLSH) working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Bullish's current assets represent 96.2% of total assets in 2025, an increase from 5.8% in 2020.
- Cash Position: Cash and equivalents constituted 2.7% of total assets in 2025, down from 4.7% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 94.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 12.0% of total assets.
Bullish Competitors by Total Assets
Key competitors of Bullish based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
TIZA Information Industry Corporation Inc
SHE:300209
|
China | CN¥3.44 Billion |
|
StoneCo Ltd
F:0Q0
|
Germany | €62.30 Billion |
|
UCloud Technology Co Ltd
SHG:688158
|
China | CN¥3.67 Billion |
|
Automatic Bank Services Ltd
TA:SHVA
|
Israel | ILA284.14 Million |
|
Rewardle Holdings Ltd
AU:RXH
|
Australia | AU$1.47 Million |
|
Ep&T Global Ltd
AU:EPX
|
Australia | AU$11.69 Million |
|
Spirent Communications plc
LSE:SPT
|
UK | GBX596.50 Million |
|
LIGHTON
PA:ALTAI
|
France | €8.30 Million |
Bullish - 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 | 26.42 | 15.98 | 34.24 |
| Quick Ratio | 25.23 | 14.76 | 27.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.06 Billion | $2.37 Billion | $2.83 Billion |
Bullish - Advanced Valuation Insights
This section examines the relationship between Bullish'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 | 1.40 |
| Latest Market Cap to Assets Ratio | 0.89 |
| Asset Growth Rate (YoY) | 29.8% |
| Total Assets | $3.96 Billion |
| Market Capitalization | $3.51 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Bullish's assets close to their book value (0.89x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Bullish's assets grew by 29.8% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Bullish (2020–2025)
The table below shows the annual total assets of Bullish from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $3.96 Billion | +29.83% |
| 2024-12-31 | $3.05 Billion | +68.88% |
| 2023-12-31 | $1.80 Billion | -47.02% |
| 2022-12-31 | $3.41 Billion | -54.31% |
| 2021-12-31 | $7.46 Billion | +47.65% |
| 2020-12-31 | $5.05 Billion | -- |
About Bullish
Bullish, a global digital asset platform that provides market infrastructure and information services in United States. The company operates Bullish Exchange, a digital assets spot and derivatives exchange that integrates a central limit order book matching engine with automated market making to provide deep and predictable liquidity. It also offers CoinDesk Indices, a collection of tradable prop… Read more