Flag Ship Acquisition Corp. Ordinary Shares Working Capital to Net Assets Ratio
Flag Ship Acquisition Corp. Ordinary Shares working capital to net assets ratio. Flag Ship Acquisition Corp. Ordinary Shares (FSHP) has a Working Capital to Net Assets ratio of -138.3% as of June 2026. Working capital of $-18.74 Million (current assets of $57.83K minus current liabilities of $18.80 Million) is measured against net assets of $13.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Flag Ship Acquisition Corp. Ordinary Sha (FSHP) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Flag Ship Acquisition Corp. Ordinary Shares (2020–2025)
Working capital to net assets ratio of Flag Ship Acquisition Corp. Ordinary Shares from 2020 to 2025. This chart shows how Flag Ship Acquisition Corp. Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at -138.3%, reflecting working capital of $-18.74 Million against net assets of $13.55 Million USD. Read Flag Ship Acquisition Corp. Ordinary Sha total liabilities for a breakdown of total debt and financial obligations.
Flag Ship Acquisition Corp. Ordinary Shares Working Capital to Net Assets Ratio by Year (2020–2025)
Flag Ship Acquisition Corp. Ordinary Shares working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Flag Ship Acquisition Corp. Ordinary Shares from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see FSHP total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -4.8% | $-1.44 Million | $29.92 Million | $25.07K | $1.46 Million | ▼ -4.0 pp |
| 2024 | -0.8% | $-539.74K | $68.53 Million | $172.48K | $712.22K | ▼ -111.4 pp |
| 2023 | 110.6% | $-313.01K | $-283.01K | $120.55K | $433.55K | ▼ -3.0 pp |
| 2022 | 113.6% | $-250.61K | $-220.61K | $186.88K | $437.49K | ▼ -62.9 pp |
| 2021 | 176.5% | $-138.41K | $-78.42K | $74.22K | $212.63K | ▲ +76.5 pp |
| 2020 | 100.0% | $-16.74K | $-16.74K | $2.70K | $19.44K | — |