Flag Ship Acquisition Corp. Unit (FSHPU) — Working Capital to Net Assets Ratio
Flag Ship Acquisition Corp. Unit (FSHPU) has a Working Capital to Net Assets ratio of -3.9% as of September 2025. Working capital of $-1.15 Million (current assets of $54.69K minus current liabilities of $1.21 Million) is measured against net assets of $29.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Flag Ship Acquisition Corp. Unit Working Capital to Net Assets (2020–2024)
This chart shows how Flag Ship Acquisition Corp. Unit's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at -3.9%, reflecting working capital of $-1.15 Million against net assets of $29.71 Million USD. For the complete balance sheet picture, see Flag Ship Acquisition Corp. Unit (FSHPU) total assets.
Annual Working Capital to Net Assets for Flag Ship Acquisition Corp. Unit (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Flag Ship Acquisition Corp. Unit from 2020 to 2024, covering 5 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. Read FSHPU total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |