Flag Ship Acquisition Corp. Ordinary Shares (FSHP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Flag Ship Acquisition Corp. Ordinary Shares (FSHP) has a cash flow conversion efficiency ratio of -0.006x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-181.02K) by net assets ($29.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Flag Ship Acquisition Corp. Ordinary Shares - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Flag Ship Acquisition Corp. Ordinary Shares's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read FSHP total debt and obligations for a breakdown of total debt and financial obligations.
Flag Ship Acquisition Corp. Ordinary Shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Flag Ship Acquisition Corp. Ordinary Shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CSL Finance Limited
NSE:CSLFINANCE
|
0.001x |
|
Linq Minerals Limited
AU:LNQ
|
-0.067x |
|
Bengang Steel Plates Co Ltd
SHE:200761
|
-0.045x |
|
Equity Metals Corp
V:EQTY
|
-0.520x |
|
Cheetah Mobile Inc
NYSE:CMCM
|
N/A |
|
International Meal Company Alimentação S.A
SA:MEAL3
|
0.004x |
|
Broad Capital Acquisition Corp
NASDAQ:BRAC
|
0.008x |
|
Hofseth Biocare ASA
OL:HBC
|
0.167x |
Annual Cash Flow Conversion Efficiency for Flag Ship Acquisition Corp. Ordinary Shares (2020–2024)
The table below shows the annual cash flow conversion efficiency of Flag Ship Acquisition Corp. Ordinary Shares from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Flag Ship Acquisition Corp. Ordinary Sha.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $68.53 Million | $-876.33K | -0.013x | -105.42% |
| 2023-12-31 | $-283.01K | $-66.78K | 0.236x | -45.99% |
| 2022-12-31 | $-220.61K | $-96.39K | 0.437x | -64.84% |
| 2021-12-31 | $-78.42K | $-97.44K | 1.243x | +228.17% |
| 2020-12-31 | $-16.74K | $-6.34K | 0.379x | -- |
About Flag Ship Acquisition Corp. Ordinary Shares
Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to focus on businesses that have a connection to the Asian market. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York.