Flag Ship Acquisition Corp. Unit (FSHPU) - Total Assets
Based on the latest financial reports, Flag Ship Acquisition Corp. Unit (FSHPU) holds total assets worth $32.64 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Flag Ship Acquisition Corp. Unit net assets for net asset value and shareholders' equity analysis.
Flag Ship Acquisition Corp. Unit - Total Assets Trend (2020–2024)
This chart illustrates how Flag Ship Acquisition Corp. Unit's total assets have evolved over time, based on quarterly financial data.
Flag Ship Acquisition Corp. Unit - Asset Composition Analysis
Current Asset Composition (December 2024)
Flag Ship Acquisition Corp. Unit's total assets of $32.64 Million consist of 0.2% current assets and 99.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how Flag Ship Acquisition Corp. Unit's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Flag Ship Acquisition Corp. Unit stock valuation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flag Ship Acquisition Corp. Unit's current assets represent 0.2% of total assets in 2024, a decrease from 100.0% in 2020.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 100.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Flag Ship Acquisition Corp. Unit Competitors by Total Assets
Key competitors of Flag Ship Acquisition Corp. Unit based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ares Acquisition Corporation II
NYSE:AACT
|
USA | $560.98 Million |
|
HCM II Acquisition Corp
NASDAQ:HOND
|
USA | $243.10 Million |
|
New Providence Acquisition Corp. III Class A Ordinary Shares
NASDAQ:NPAC
|
USA | $308.10 Million |
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
USA | $308.34 Million |
|
M3-Brigade Acquisition V Corp. Class A Ordinary shares
NASDAQ:MBAV
|
USA | $305.87 Million |
|
Legato Merger Corp. III
NYSE MKT:LEGT
|
USA | $219.81 Million |
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
USA | $257.19 Million |
|
Columbus Circle Capital Corp I Class A Ordinary Shares
NASDAQ:CCCM
|
USA | $252.55 Million |
Flag Ship Acquisition Corp. Unit - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.05 | 0.37 | 0.14 |
| Quick Ratio | 0.05 | 0.37 | 0.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.15 Million | $-207.22K | $-16.74K |
Flag Ship Acquisition Corp. Unit - Advanced Valuation Insights
This section examines the relationship between Flag Ship Acquisition Corp. Unit's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.96 |
| Asset Growth Rate (YoY) | 47042.2% |
| Total Assets | $70.97 Million |
| Market Capitalization | $68.23 Million USD |
Valuation Analysis
Near Book Valuation: The market values Flag Ship Acquisition Corp. Unit's assets close to their book value (0.96x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Flag Ship Acquisition Corp. Unit's assets grew by 47042.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flag Ship Acquisition Corp. Unit (2020–2024)
The table below shows the annual total assets of Flag Ship Acquisition Corp. Unit from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $70.97 Million | +47042.19% |
| 2023-12-31 | $150.55K | -30.58% |
| 2022-12-31 | $216.88K | +61.59% |
| 2021-12-31 | $134.22K | +4867.36% |
| 2020-12-31 | $2.70K | -- |
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.