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. See how leveraged is Flag Ship Acquisition Corp. Ordinary Sha's balance sheet to measure how much of total assets are equity-financed.
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. Check Flag Ship Acquisition Corp. Ordinary Sha (FSHP) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Playstudios Inc
NASDAQ:MYPS
|
0.024x |
|
Icure Pharmaceutical Incorporation
KQ:175250
|
-0.068x |
|
Razor Labs Ltd
TA:RZR
|
2.512x |
|
Kandi Technologies Group Inc
NASDAQ:KNDI
|
-0.359x |
|
Minupar Participações S.A
SA:MNPR3
|
0.111x |
|
Hilbert Group AB Series B
ST:HILB-B
|
-1.225x |
|
2S Metal Public Company Limited
BK:2S
|
0.007x |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
0.035x |
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 Flag Ship Acquisition Corp. Ordinary Sha (FSHP) total market value.
| 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.