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 Flag Ship Acquisition Corp. Unit balance sheet independence to measure how much of total assets are equity-financed.
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. Check Flag Ship Acquisition Corp. Unit (FSHPU) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Goodfellow Inc.
TO:GDL
|
-0.033x |
|
American Vanguard Corporation
NYSE:AVD
|
-0.187x |
|
Alliance Aviation Services Ltd
AU:AQZ
|
-0.016x |
|
Clime Capital Ltd
AU:CAM
|
-0.045x |
|
Johnson Chemical Pharmaceutical Works Co Ltd
TWO:4747
|
0.012x |
|
Genohco Inc.
KQ:361390
|
-0.137x |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3
|
0.180x |
|
Coeptis Therapeutics Inc
NASDAQ:COEP
|
-0.165x |
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 Flag Ship Acquisition Corp. Unit (FSHPU) 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. 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.