FSHP (Flag Ship Acquisition) Debt-to-Equity: 0.05 (As of Mar. 2026)

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Flag Ship Acquisition Corp FSHP

What is Flag Ship Acquisition Debt-to-Equity?

Flag Ship Acquisition FSHP 14 Debt-to-Equity is 0.05 as of Mar. 2026. GuruFocus rates FSHP with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 174 Diversified Financial Services companies, Flag Ship Acquisition ranks better than 85.06% on this metric.

Flag Ship Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.54 Mil. Flag Ship Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Flag Ship Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $30.08 Mil. Flag Ship Acquisition's debt to equity for the quarter that ended in Mar. 2026 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Flag Ship Acquisition's Debt-to-Equity or its related term are showing as below:

FSHP' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.94 Med: -1 Max: 0.05
Current: 0.05

During the past 7 years, the highest Debt-to-Equity Ratio of Flag Ship Acquisition was 0.05. The lowest was -3.94. And the median was -1.00.

FSHP's Debt-to-Equity is ranked better than
85.06% of 174 companies
in the Diversified Financial Services industry
Industry Median: 0.18 vs FSHP: 0.05

Flag Ship Acquisition (NAS:FSHP) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Flag Ship Acquisition Debt-to-Equity Related Terms

Flag Ship Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Flag Ship Acquisition's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flag Ship Acquisition Debt-to-Equity Chart

Flag Ship Acquisition Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Debt-to-Equity

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-2.73

-1.96

-1.53

0.01

0.05

Flag Ship Acquisition Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Debt-to-Equity	Get a 7-Day Free Trial														0.01	0.01	0.04	0.05	0.05

FSHP vs UYSC, IBAC, EURK: Debt-to-Equity Comparison

For the Shell Companies subindustry, Flag Ship Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Flag Ship Acquisition Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Flag Ship Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Flag Ship Acquisition's Debt-to-Equity falls into.

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Flag Ship Acquisition Corp FSHP

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Flag Ship Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Flag Ship Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.447	+	0)	/	29.916
	=	0.05

Flag Ship Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.54	+	0)	/	30.076
	=	0.05

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of 0.05 mean?

Flag Ship Acquisition (FSHP) has a Debt-to-Equity of 0.05 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Flag Ship Acquisition and its competitors. According to the industry distribution chart, Flag Ship Acquisition ranks #26 out of 174 companies in the Diversified Financial Services industry, placing it in the top 14.9%.

Is Flag Ship Acquisition's Debt-to-Equity too high?

Flag Ship Acquisition's current Debt-to-Equity is 0.05. The Diversified Financial Services industry median Debt-to-Equity is 0.18. Flag Ship Acquisition's value of 0.05 is 72.2% below this industry median. Based on the distribution chart, Flag Ship Acquisition ranks #26 out of 174 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Flag Ship Acquisition has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.

How does Flag Ship Acquisition's Debt-to-Equity compare to UYSC and IBAC?

According to the Diversified Financial Services industry distribution chart, Flag Ship Acquisition ranks #26 out of 174 companies for Debt-to-Equity. This places Flag Ship Acquisition in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.18. Flag Ship Acquisition's value of 0.05 is 72.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-Equity for a Diversified Financial Services company?

The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 174 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flag Ship Acquisition's current Debt-to-Equity of 0.05 is 72.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-Equity mean?

A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Flag Ship Acquisition and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flag Ship Acquisition's current Debt-to-Equity is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Flag Ship Acquisition stock overvalued right now?

Flag Ship Acquisition (FSHP) has a current Debt-to-Equity of 0.05. The current Debt-to-Equity is 0.05 and 72.2% below the Diversified Financial Services industry median of 0.18. Flag Ship Acquisition's overall GF Score™ is 14/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-Equity calculated?

Debt-to-Equity is calculated from a company's financial statements. For Flag Ship Acquisition (FSHP), the current Debt-to-Equity is 0.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Flag Ship Acquisition Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies UYSC IBAC EURK CAPN RIBB TLGYF ALCYF BKHA COLA YHNA XXI XKRX:319400 CCXI DMII LSE:MAY BCSS EVAC CEPF CXII AEXA

Address 26 Broadway, Suite 934, New York, NY, USA, 10004

Flag Ship Acquisition Corp is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

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$11.18

Price

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