BLSH NYSE
Bullish
1W: +0.9%
1M: -19.5%
3M: +32.6%
YTD: -26.2%
1Y: -46.6%
$28.94
+1.34 (+4.86%)
Weekly Expected Move ±8.0%
$24
$26
$28
$30
$33
Credit Risk of going bust: higher than 65% of companies Debt: 10.6% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.49 (down 98%), Bullish would be worth roughly what it owes.
Total debt $518.2M against a stock market value of $4.39B.
Distance to default 3.85 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $255.8M (short-term plus half of long-term), stock volatility 73.8%; Altman Z'' 4.27. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Total debt $518.2M against a stock market value of $4.39B.
Distance to default 3.85 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $255.8M (short-term plus half of long-term), stock volatility 73.8%; Altman Z'' 4.27. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Balance Sheet Trends
Total Assets
$4.0B
+29.8% ▲
5Y CAGR: -4.8%
Total Liabilities
$658M
+1.8% ▲
5Y CAGR: -8.7%
Shareholders Equity
$3.2B
+35.1% ▲
5Y CAGR: -4.3%
Cash & Investments
$509M
+103.3% ▲
5Y CAGR: +16.3%
Total Debt
$601M
+10.8% ▲
5Y CAGR: -9.8%
Net Debt
$497M
-2.9% ▼
Assets vs Liabilities & Equity
Year-over-Year Growth
View Full Balance Sheet
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| — Assets — | |||||
| Cash | $1.2B | $1.4B | $113M | $32M | $105M |
| Short-Term Investments | $0 | $29M | $255M | $219M | $404M |
| Cash & ST Investments | $1.2B | $1.4B | $368M | $250M | $509M |
| Net Receivables | $12K | $87M | $25M | $179M | $446M |
| Inventory | $6.1B | $1.7B | $1.3B | $574M | $206M |
| Other Current Assets | $92M | $213M | $15M | $1.9B | $2.6B |
| Total Current Assets | $7.4B | $3.4B | $1.7B | $2.9B | $3.8B |
| Property, Plant & Equip. | $8M | $17M | $14M | $14M | $28M |
| Goodwill & Intangibles | $1M | $1M | $75M | $115M | $94M |
| Long-Term Investments | $0 | $0 | $0 | $0 | $6M |
| Other Non-Current Assets | $267K | $5M | $6M | $4M | $24M |
| Total Non-Current Assets | $12M | $29M | $99M | $135M | $152M |
| Total Assets | $7.5B | $3.4B | $1.8B | $3.0B | $4.0B |
| — Liabilities — | |||||
| Accounts Payable | $34M | $66M | $62K | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $25M | $50M |
| Deferred Revenue | $0 | $0 | $5M | $10M | $0 |
| Other Current Liabilities | $46M | $1.4B | $16M | $22M | $74M |
| Total Current Liabilities | $172M | $1.5B | $38M | $85M | $130M |
| Long-Term Debt | $0 | $0 | $429M | $503M | $528M |
| Other Non-Current Liab. | $1.2B | $145K | $48M | $48M | -$17M |
| Total Non-Current Liabilities | $1.2B | $11M | $484M | $562M | $528M |
| Total Liabilities | $1.3B | $1.5B | $522M | $647M | $658M |
| — Equity — | |||||
| Common Stock | $3.8B | $3.8B | $3.8B | $3.8B | $5.1B |
| Retained Earnings | $2.0B | -$2.2B | -$2.7B | -$2.3B | -$2.7B |
| Accumulated OCI | $0 | $0 | $143M | $859M | $774M |
| Total Stockholders Equity | $6.1B | $1.9B | $1.3B | $2.4B | $3.2B |
| Total Liabilities & Equity | $7.5B | $3.4B | $1.8B | $3.0B | $4.0B |
| — Key Metrics — | |||||
| Total Debt | $6M | $14M | $440M | $543M | $601M |
| Net Debt | -$1.2B | -$1.4B | $328M | $512M | $497M |
| Total Investments | $0 | $29M | $255M | $219M | $410M |