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CBAK Energy Technology, Inc. CBAT Business Combination Recognized Identifiable Assets Acquired And Liability Assumed Other Short Term Bank Loan

Business Combination Recognized Identifiable Assets Acquired And Liability Assumed Other Short Term Bank Loan at other companies

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BioSig Technologies, Inc. logo
BioSig Technologies, Inc.STEX
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Arthur J. GallagherAJG
$1M
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$11K

Other financials

Income statement

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Revenue$69.6M+99.3%
Gross profit$1.0M-78.3%
Operating income-$9.7M-239%
Net income-$9.3M-488%
EPS (diluted)-$0.10-400%

Balance sheet

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Cash & equivalents$98.6M+107%
Total debt$88.1M+32.8%
Total equity$105.2M-12.9%
Total assets$491.0M+57.6%

Cash flow

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Operating cash flow$22.3M+332%
CapEx$11.8M-7.1%
Free cash flow$10.5M+147%

Valuation

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Market cap$52.44M-51.1%
Enterprise value$41.9M-73.8%
P/S0.2×-0.5×

Profitability

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Gross margin6.4%-11.8pp
Operating margin-11%
Net margin-7.4%
FCF margin0.4%-5.3pp

Returns & leverage

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Return on equity-15.1%
Debt / equity0.8×+0.3×
Current ratio0.6×-0.2×

Where this comes from

Reported directly by CBAK Energy Technology, Inc. in its filing.

Tagged under the XBRL concept cbat:BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilityAssumedOtherShortTermBankLoan.

The official record: CBAK Energy Technology, Inc.’s 10-Q, filed November 9, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is CBAK Energy Technology, Inc.'s business combination recognized identifiable assets acquired and liability assumed other short term bank loan?
CBAK Energy Technology, Inc. (CBAT) reported business combination recognized identifiable assets acquired and liability assumed other short term bank loan of -$20.6M in Q3 2023.
What does business combination recognized identifiable assets acquired and liability assumed other short term bank loan mean?
Other short-term bank loan liabilities assumed during a business combination that do not fall under standard loan classifications. This captures additional short-term debt obligations inherited from the target company. It is critical for evaluating the total short-term financial liabilities and cash flow requirements post-acquisition.