What does 1 Chronicles 14:8 mean?

So David and his men went up to Baal-perazim and defeated the Philistines there. David said, God has broken through my enemies like a flood. That's why they called the place Baal-perazim. 1 Chronicles 14:8 - Modern Text Bible

(David saw the victory as God's doing, not just his own. The place was named to remember how God broke through for them.)