Flag Ship Acquisition Corp. Unit (FSHPU) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Flag Ship Acquisition Corp. Unit (FSHPU) 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 net assets of Flag Ship Acquisition Corp. Unit for net asset value and shareholders' equity analysis.
Flag Ship Acquisition Corp. Unit - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Flag Ship Acquisition Corp. Unit's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Flag Ship Acquisition Corp. Unit Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Flag Ship Acquisition Corp. Unit ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Wrap Technologies Inc
NASDAQ:WRAP
|
-0.232x |
|
Samchem Holdings Bhd
KLSE:5147
|
-0.142x |
|
China Fineblanking Technology Co Ltd
TWO:1586
|
0.013x |
|
Aluma Infrastructure Fund 2020 Ltd
TA:ALUMA
|
-0.005x |
|
Hanil Feed Co. Ltd
KQ:005860
|
-0.014x |
|
Coeptis Therapeutics Inc
NASDAQ:COEP
|
-0.165x |
|
Engenco Ltd
AU:EGN
|
0.101x |
|
Sical Logistics Limited
NSE:SICALLOG
|
N/A |
Annual Cash Flow Conversion Efficiency for Flag Ship Acquisition Corp. Unit (2020–2024)
The table below shows the annual cash flow conversion efficiency of Flag Ship Acquisition Corp. Unit from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Flag Ship Acquisition Corp. Unit worth.
| 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. Unit
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.