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Flag Ship Acquisition Corporation

FSHPยทNASDAQ

$11.04

+0.27%
Financial ServicesShell Companies

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.

At a Glance

Live Snapshot
Market Cap$97.85M
EPS0.3300
P/E Ratio33.45
Earnings Dateโ€”
3Y+15164.0%
5Y+1225108.0%
10Y-
3Y+629.0%
5Y+16304.0%
10Y+30562.0%
3Y+1334.0%
5Y+18802.0%
10Y+30321.0%
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Flag Ship Acquisition Corporation Funding & Solvency Profile

FSHP ยท NASDAQ
Cash & Cash Equivalents6.55K
Net Receivables0.00
Inventory0.00
Other Current Assets18.52K
Total Current Assets25 K
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets33.08M
Total Non-Current Assets33 M
Total Assets
33.11M

Financial Health Analysis

Current Ratio

0.02x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.11x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-1438801

Negative working capital indicates short-term liabilities exceed short-term assetsโ€”potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

Flag Ship Acquisition Corporation Balance Sheet

FSHP โ€ข NASDAQ

Flag Ship Acquisition Corporation Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
ASSETS
CURRENT ASSETS
6.6K
76.7K
116.2K
182.4K
63.5K
2.7K
0.0
6.6K
76.7K
116.2K
182.4K
63.5K
2.7K
0.0
0.0
95.7K
4.3K
4.5K
10.8K
0.0
0.0
18.5K
0.0
0.0
0.0
0.0
0.0
0.0
25.1K
172.5K
120.5K
186.9K
74.2K
2.7K
0.0
NON-CURRENT ASSETS
0.0
70.8M
0.0
0.0
0.0
0.0
0.0
33.1M
0.0
30K
30K
60K
0.0
0.0
33.1M
70.8M
30K
30K
60K
0.0
0.0
33.1M
71M
150.5K
216.9K
134.2K
2.7K
0.0
LIABILITIES
CURRENT LIABILITIES
0.0
34.4K
0.0
4.5K
0.0
0.0
0.0
0.0
677.9K
433.6K
433K
212.6K
19.4K
10.4K
1.5M
0.0
0.0
0.0
0.0
0.0
0.0
1.5M
712.2K
433.6K
437.5K
212.6K
19.4K
10.4K
NON-CURRENT LIABILITIES
1.7M
1.7M
0.0
0.0
0.0
0.0
0.0
1.7M
1.7M
0.0
0.0
0.0
0.0
0.0
3.2M
2.4M
433.6K
437.5K
212.6K
19.4K
10.4K
SHAREHOLDERS' EQUITY
33.1M
70.8M
1.7K
1.7K
1.7K
0.0
0.0
0.0
0.0
23.3K
23.3K
23.3K
0.0
0.0
-3.2M
-2.3M
-308K
-245.6K
-103.4K
-16.7K
-10.4K
-3.2M
68.5M
-283K
-220.6K
-78.4K
-16.7K
-10.4K
-3.2M
68.5M
-283K
-220.6K
-78.4K
-16.7K
-10.4K
SUMMARY
25.1K
71M
150.5K
216.9K
134.2K
2.7K
0.0
0.0
70.8M
0.0
0.0
0.0
0.0
0.0
0.0
677.9K
433.6K
433K
212.6K
19.4K
10.4K
-6.6K
601.1K
317.3K
250.6K
149.2K
16.7K
10.4K
8,863,000
8,863,000
8,863,000
8,863,000
8,863,000
8,863,000
8,863,000

SEC Filings

FSHP - Filing history and reports

No SEC filings available for FSHP