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. See FSHPU net asset quality index to measure how much of total assets are equity-financed.
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. Check Flag Ship Acquisition Corp. Unit tangible equity quality to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see FSHPU company net worth.
| 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 | — |