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Blue Water Acquisition Corp. III (BLUW) financial health, profit and balance sheet · Scorvest

BLUW · Nasdaq · United States · Blank Checks

Blue Water Acquisition Corp. III

Greenwich, CT · Fiscal year ends in December · Figures in USD

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In shortBlue Water Acquisition Corp. III is profitable.

Financial health

Weak

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability0

Operating marginShare of each sale left after running the business, before interest and tax.	–	n/a
Net marginShare of each sale left as profit after every cost, interest and tax.	–	n/a
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	–	0/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	–	n/a

Weight in the score: 25%

Balance sheet0

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	0.43×	0/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	–	0/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	–	n/a
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	–	n/a
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	-1.18	0/100

Weight in the score: 25%

Cash generation0

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	–	n/a
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	-0.20×	0/100
Years with positive free cash flow (last 5)	0 of 1	0/100

Weight in the score: 20%

Stability100
Profitable years (last 5) 1 of 1 100/100
Years of revenue decline (last 5) – n/a
Revenue growth volatility – n/a
Operating margin volatility – n/a
Weight in the score: 20%
Growth–
Revenue growth, 3-year average – n/a
EPS growth, 3-year average – n/a
Weight in the score: 10%

Profitable years (last 5)	1 of 1	100/100
Years of revenue decline (last 5)	–	n/a
Revenue growth volatility	–	n/a
Operating margin volatility	–	n/a

Revenue growth, 3-year average	–	n/a
EPS growth, 3-year average	–	n/a

Fiscal year 2025 · change vs prior year

Revenue: –; –
Net income: $4.7M; –
Free cash flow: −$938.9K; –
Operating margin: –; –
Cash & investments: $0; –
Total debt: –; –
Diluted EPS: –; –
Return on equity: –; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

Revenue and net income

RevenueNet income

Margins

No data reported.

Free cash flow

Cash versus debt

Cash & investmentsTotal debt

Statements

The last 1 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY25
Operating income	(1.1)
Net income	4.7

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Risk checks

Altman Z'' score

−1.18 Distress zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

Not computed: it needs two consecutive complete years.

Sources

10-QPeriod ending Jun 30, 2026Filed Aug 12, 2026Open the report ↗
10-QPeriod ending Mar 31, 2026Filed May 15, 2026Open the report ↗
10-KPeriod ending Dec 31, 2025Filed Apr 14, 2026Open the report ↗
10-QPeriod ending Sep 30, 2025Filed Nov 14, 2025Open the report ↗
10-QPeriod ending Jun 30, 2025Filed Aug 14, 2025Open the report ↗

All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works

Latest annual report: Jun 30, 2026 · Data updated Aug 12, 2026