Flag Ship Acquisition Corp. Unit Working Capital to Net Assets Ratio
Flag Ship Acquisition Corp. Unit 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. Check FSHPU tangible net assets 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. Unit (2020–2024)
Working capital to net assets ratio of Flag Ship Acquisition Corp. Unit from 2020 to 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. Read FSHPU total debt and obligations for a breakdown of total debt and financial obligations.
Flag Ship Acquisition Corp. Unit Working Capital to Net Assets Ratio by Year (2020–2024)
Flag Ship Acquisition Corp. Unit working capital to net assets ratio by year from 2020 to 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 the complete balance sheet picture, see total assets of Flag Ship Acquisition Corp. Unit.
| 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 | — |