Bullish (BLSH) Debt Ratio (2023 - 2026)
Bullish's (BLSH) Debt Ratio stood at 0.16 in Q2 2026, down 8.3% from 0.18 a year earlier but up 11.1% from the prior quarter.
Analysis
Bullish (BLSH) Debt Ratio (2023 - 2026) Analysis & Trends
For FY2025, Bullish's Debt Ratio came in at 0.14, down 15.7% from FY2024.
- Across earlier years, Debt Ratio came in at 0.17 in FY2024.
- Quarterly Debt Ratio has ranged from 0.12 in Q3 2025 to 0.18 in Q2 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at 0.15 (Q1 2026), 0.14 (Q4 2025) and 0.12 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | PayPal Holdings | 49.49 Bn | 7.72 Bn | - | 0.16 |
| 2 | Block | 46.34 Bn | 17.64 Bn | 3.17 Bn | 0.18 |
| 3 | Coinbase Global | 44.39 Bn | 1.20 Bn | - | 0.25 |
| 4 | Corpay | 26.40 Bn | 16.28 Bn | - | 0.38 |
| 5 | Fiserv | 25.40 Bn | 22.08 Bn | 2.90 Bn | 0.34 |
| 6 | Global Payments | 22.86 Bn | 652.84 Mn | 2.03 Bn | 0.37 |
| 7 | Guidewire Software | 14.45 Bn | 11.02 Bn | 269.68 Mn | 0.26 |
| 8 | Bitmine Immersion Technologies | 11.93 Bn | 9.31 Bn | 40.81 Mn | - |
| 9 | Chime Financial | 11.25 Bn | 7.04 Bn | 594.87 Mn | 0.03 |
| 10 | Bullish | 3.49 Bn | -1.33 Bn | 15.53 Mn | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 0.00 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.02 |
| Dec 31, 2024 | 0.22 |
| Dec 31, 2023 | 0.00 |
API Access
Bullish Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=BLSH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "BLSH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=BLSH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();