Flag Ship Acquisition Corporation

Flag Ship Acquisition Corporationverified

FSHP

Price:

$10.7

Market Cap:

$94.83M

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 acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York. Flag Ship Acquisition Corporation was formerly a subsidiary of Whale Management Corporation.

Industry

Shell Companies

IPO Date

Stock Exchange

NASDAQ

Ticker

FSHP

The Current Ratio as of December 2025 (TTM) for Flag Ship Acquisition Corporation (FSHP) is 0.05

According to Flag Ship Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.05. This represents a change of -67.61% compared to the average of 0.14 of the last 4 quarters.

Flag Ship Acquisition Corporation (FSHP) Historical Current Ratio (quarterly & annually)

How has FSHP Current Ratio performed in the past?

The mean historical Current Ratio of Flag Ship Acquisition Corporation over the last ten years is 0.24. The current 0.05 Current Ratio has changed 1.80% with respect to the historical average. Over the past ten years (40 quarters), FSHP's Current Ratio was at its highest in in the June 2024 quarter at 5.67. The Current Ratio was at its lowest in in the March 2023 quarter at 0.

Quarterly (TTM)
Annual

Average

0.24

Median

0.26

Minimum

0

Maximum

0.43

Flag Ship Acquisition Corporation (FSHP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Flag Ship Acquisition Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 0.43

Minimum Annual Increase = -34.91%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.24-12.90%
20230.28-34.91%
20220.4322.38%
20210.35151.12%
20200.14Infinity%

Flag Ship Acquisition Corporation (FSHP) Average Current Ratio

How has FSHP Current Ratio performed in the past?

The current Current Ratio of Flag Ship Acquisition Corporation (FSHP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.32

5-year avg

0.29

10-year avg

0.24

Flag Ship Acquisition Corporation (FSHP) Current Ratio vs. Peers

How is FSHP’s Current Ratio compared to its peers?

Flag Ship Acquisition Corporation’s Current Ratio is less than Horizon Space Acquisition II Corp. (0.22), less than Spark I Acquisition Corp. Class A Ordinary Share (0.17), less than Lakeshore Acquisition III Corp. (11.33), greater than byNordic Acquisition Corporation (0.04), less than DT Cloud Star Acquisition Corporation (0.49), less than FG Merger Corp. (166.18), less than ASPAC III Acquisition Corp. (2.06),

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