BurTech Acquisition Corp Net Assets
BurTech Acquisition Corp net assets. Based on the latest financial reports, BurTech Acquisition Corp (BRKH) has net assets worth $29.67 Million USD as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.11 Million) and total liabilities ($20.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore BRKH net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $29.67 Million |
| % of Total Assets | 59.2% |
| Annual Growth Rate | -66.85% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 44.82 |
Net Assets of BurTech Acquisition Corp (2021–2023)
Net assets of BurTech Acquisition Corp from 2021 to 2023. This chart illustrates how BurTech Acquisition Corp's net assets have evolved over time, based on quarterly financial data. See net asset quality index of BurTech Acquisition Corp to measure how much of total assets are equity-financed.
Annual Net Assets for BurTech Acquisition Corp (2021–2023)
The table below shows the annual net assets of BurTech Acquisition Corp from 2021 to 2023. For live market cap and overall valuation, see BurTech Acquisition Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $31.15 Million | -89.06% |
| 2022-12-31 | $284.65 Million | +0.59% |
| 2021-12-31 | $282.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BurTech Acquisition Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 700487000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
BurTech Acquisition Corp Net Assets Breakdown (December 2023)
BurTech Acquisition Corp net assets breakdown by equity component as of December 2023.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $46.99 Million | 150.84% |
| Total Equity | $31.15 Million | 100.00% |
BurTech Acquisition Corp Competitors by Market Cap
The table below lists competitors of BurTech Acquisition Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuttle Inc
TW:2405
|
$152.02 Million |
|
Koenig & Bauer AG
XETRA:SKB
|
$152.03 Million |
|
Calin Technology Co Ltd
TW:4976
|
$152.05 Million |
|
Lollands Bank
CO:LOLB
|
$152.08 Million |
|
Starpharma Holdings Ltd
AU:SPL
|
$151.90 Million |
|
AAPICO Hitech Public Company Limited
BK:AH
|
$151.90 Million |
|
Assertio Therapeutics Inc
NASDAQ:ASRT
|
$151.86 Million |
|
Arrowmark Financial Corp
NASDAQ:BANX
|
$151.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BurTech Acquisition Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 284,652,248 to 31,153,203, a change of -253,499,045 (-89.1%).
- Net income of 1,339,142 contributed positively to equity growth.
- Share repurchases of 227,776,035 reduced equity.
- Other factors decreased equity by 27,062,152.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.34 Million | +4.3% |
| Share Repurchases | $227.78 Million | -731.15% |
| Other Changes | $-27.06 Million | -86.87% |
| Total Change | $- | -89.06% |
Book Value vs Market Value Analysis
This analysis compares BurTech Acquisition Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.90x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.35x to 6.90x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $7.40 | $10.02 | x |
| 2022-12-31 | $7.19 | $10.02 | x |
| 2023-12-31 | $1.45 | $10.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BurTech Acquisition Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.33x
- Recent ROE (4.30%) is above the historical average (1.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -0.02% | 0.00% | 0.00x | 1.04x | $-28.36 Million |
| 2022 | 0.59% | 0.00% | 0.00x | 1.04x | $-26.79 Million |
| 2023 | 4.30% | 0.00% | 0.00x | 2.33x | $-1.78 Million |
Industry Comparison
This section compares BurTech Acquisition Corp's net assets metrics with peer companies in the Shell Companies industry.
Industry Context
- Industry: Shell Companies
- Average net assets among peers: $187,262,630
- Average return on equity (ROE) among peers: -2.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BurTech Acquisition Corp (BRKH) | $29.67 Million | -0.02% | 0.69x | $151.93 Million |
| Artius II Acquisition Inc. (AACB) | $-60.27K | 0.00% | 0.00x | $234.83 Million |
| Artius II Acquisition Inc. Units (AACBU) | $-60.27K | 0.00% | 0.00x | $269.37 Million |
| Armada Acquisition Corp. II Class A Ordinary Shares (AACI) | $16.83 Million | -1.90% | 0.51x | $257.52 Million |
| Abony Acquisition Corp. I Class A Ordinary Share (AACO) | $-74.71 | 0.00% | 0.00x | $236.95 Million |
| Apogee Acquisition Corp Class A Ordinary Shares (AACP) | $-13.88 | 0.00% | 0.00x | $178.97 Million |
| Ares Acquisition Corporation II (AACT) | $502.67 Million | 0.00% | 0.05x | $587.05 Million |
| AA Mission Acquisition Corp. (AAM) | $813.70 Million | -27.34% | 2.19x | $312.83K |
| Altenergy Acquisition Corp (AEAE) | $-12.44 Million | 0.00% | 0.00x | $72.22 Million |
| Activate Energy Acquisition Corp. Class A Ordinary Share (AEAQ) | $223.53 Million | 0.00% | 0.04x | $238.81 Million |
| American Exceptionalism Acquisition Corp. A (AEXA) | $328.45 Million | 0.00% | 0.06x | $373.45 Million |
About BurTech Acquisition Corp
BurTech Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for target in the retail, lifestyle, hospitality, technology, and real estate markets. Burtech Acquisition Corp. was incorpor… Read more