Blue Water Acquisition Corp. III Class A Ordinary Shares (BLUW) — Working Capital to Net Assets Ratio

Blue Water Acquisition Corp. III Class A Ordinary Shares (BLUW) has a Working Capital to Net Assets ratio of -0.2% as of June 2026. Working capital of $-627.25K (current assets of $121.38K minus current liabilities of $748.63K) is measured against net assets of $253.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See BLUW days of operational coverage to measure how many days the company can operate on defensive assets alone.