BurTech Acquisition Corp Total Assets
BurTech Acquisition Corp total assets. Based on the latest financial reports, BurTech Acquisition Corp (BRKH) holds total assets worth $50.11 Million USD as of September 2024. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see BurTech Acquisition Corp (BRKH) cash conversion ratio for how efficiently the company converts equity into cash flow.
Total Assets of BurTech Acquisition Corp (2021–2023)
Total assets of BurTech Acquisition Corp from 2021 to 2023. This chart illustrates how BurTech Acquisition Corp's total assets have evolved over time, based on quarterly financial data. See BurTech Acquisition Corp stock quote for real-time trading data and today's change.
BurTech Acquisition Corp - Asset Composition Analysis
BurTech Acquisition Corp Total Assets Breakdown (December 2023)
BurTech Acquisition Corp total assets breakdown as of December 2023. BurTech Acquisition Corp's total assets of $50.11 Million consist of 35.4% current assets and 64.6% non-current assets. Explore working capital position of BurTech Acquisition Corp to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.2% |
| Accounts Receivable | $318.89K | 0.4% |
| Inventory | $-25.70 Million | -35.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2023)
This chart illustrates how BurTech Acquisition Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: BurTech Acquisition Corp's current assets represent 35.4% of total assets in 2023, an increase from 0.6% in 2021.
- Cash Position: Cash and equivalents constituted 1.2% of total assets in 2023, up from 0.5% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.4% of total assets.
BurTech Acquisition Corp Competitors by Total Assets
Key competitors of BurTech Acquisition Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EARNZ plc
LSE:EARN
|
UK | GBX9.11 Million |
|
Corner Growth Acquisition Corp
NASDAQ:COOL
|
USA | $4.65 Million |
|
Blue Ocean Acquisition Corp
NASDAQ:BOCN
|
USA | $21.24 Million |
|
SIM Acquisition Corp. I Class A Ordinary Shares
NASDAQ:SIMA
|
USA | $6.45 Million |
|
Marblegate Acquisition Corp
NASDAQ:GATE
|
USA | $4.17 Million |
|
Global Partner Acq Corp
NASDAQ:GPACU
|
USA | $11.78 Million |
|
Future Vision II Acquisition Corporation Ordinary shares
NASDAQ:FVN
|
USA | $63.72 Million |
|
dMY Squared Technology Group Inc
NYSE MKT:DMYY
|
USA | $27.43 Million |
BurTech Acquisition Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.02 | 0.01 | 1.00 |
| Quick Ratio | 0.02 | 0.01 | 1.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-10.19 Million | $-4.46 Million | $0.00 |
BurTech Acquisition Corp - Advanced Valuation Insights
This section examines the relationship between BurTech Acquisition Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.69 |
| Latest Market Cap to Assets Ratio | 2.09 |
| Asset Growth Rate (YoY) | -75.5% |
| Total Assets | $72.59 Million |
| Market Capitalization | $151.93 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values BurTech Acquisition Corp's assets at a significant premium (2.09x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: BurTech Acquisition Corp's assets decreased by 75.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for BurTech Acquisition Corp (2021–2023)
The table below shows the annual total assets of BurTech Acquisition Corp from 2021 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $72.59 Million | -75.48% |
| 2022-12-31 | $296.01 Million | +0.77% |
| 2021-12-31 | $293.74 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