Turtle Financial Statements From 2010 to 2024

HEAR Stock  USD 14.94  0.10  0.66%   
Turtle Beach financial statements provide useful quarterly and yearly information to potential Turtle Beach Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Turtle Beach financial statements helps investors assess Turtle Beach's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Turtle Beach's valuation are summarized below:
Gross Profit
49.2 M
Profit Margin
(0.07)
Market Capitalization
325.5 M
Enterprise Value Revenue
1.3347
Revenue
258.1 M
There are over one hundred nineteen available fundamental trend indicators for Turtle Beach Corp, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to double-check Turtle Beach's current fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 04/18/2024, Enterprise Value is likely to grow to about 198.1 M, while Market Cap is likely to drop slightly above 24.4 M.

Turtle Beach Total Revenue

166.49 Million

Check Turtle Beach financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turtle main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Interest Expense of 478.8 K or Total Revenue of 166.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 5.0E-4 or PTB Ratio of 2.1. Turtle financial statements analysis is a perfect complement when working with Turtle Beach Valuation or Volatility modules.
  
This module can also supplement Turtle Beach's financial leverage analysis and stock options assessment as well as various Turtle Beach Technical models . Check out the analysis of Turtle Beach Correlation against competitors.

Turtle Beach Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets111.8 M150 M115.8 M
Slightly volatile
Other Current Liabilities15.4 M23 M16 M
Slightly volatile
Total Current Liabilities48.9 M56.3 M50.6 M
Slightly volatile
Property Plant And Equipment Net12.4 M11.8 M5.1 M
Slightly volatile
Accounts Payable17.2 M26.9 M17.8 M
Slightly volatile
Non Current Assets Total26.8 M25.1 M27.7 M
Very volatile
Net Receivables39.2 M54.4 M35.9 M
Slightly volatile
Common Stock Shares Outstanding10.9 M17.1 M11.2 M
Slightly volatile
Liabilities And Stockholders Equity111.8 M150 M115.8 M
Slightly volatile
Non Current Liabilities Total15.5 M8.6 M16 M
Very volatile
Inventory34.4 M44 M35.6 M
Slightly volatile
Other Stockholder Equity116.4 M220.2 M120.5 M
Slightly volatile
Total Liabilities64.3 M64.9 M66.6 M
Slightly volatile
Property Plant And Equipment Gross37.5 M35.7 M11.8 M
Slightly volatile
Total Current Assets85 M124.9 M88.1 M
Slightly volatile
Intangible Assets1.6 M1.7 M7.2 M
Pretty Stable
Short and Long Term Debt Total7.3 M7.7 M23.3 M
Very volatile
Cash12.9 M18.7 M11.8 M
Slightly volatile
Non Currrent Assets Other818.9 K862 K2.7 M
Slightly volatile
Cash And Short Term Investments12.9 M18.7 M11.8 M
Slightly volatile
Common Stock Total Equity26.6 K18.4 K23.4 K
Very volatile
Other Current Assets5.3 M7.7 M4.8 M
Slightly volatile
Short Term Debt1.2 M1.3 M15.6 M
Very volatile
Common Stock18.6 K18 K22.9 K
Very volatile
Good Will10.5 M9.6 M12 M
Very volatile
Capital Surpluse132.9 M228 M126 M
Slightly volatile
Property Plant Equipment17.3 M16.5 M6.3 M
Slightly volatile
Long Term Debt Total20 M31.8 M18.7 M
Slightly volatile
Capital Lease Obligations75.7 K85.1 K92.7 K
Slightly volatile
Other LiabilitiesMM4.7 M
Very volatile
Long Term Debt24.9 M31.8 M20.6 M
Slightly volatile
Short and Long Term Debt25.1 M21.9 M16.9 M
Slightly volatile
Preferred Stock Total Equity18.6 M21.8 M17.5 M
Slightly volatile
Non Current Liabilities Other10.3 MM14.8 M
Slightly volatile
Deferred Long Term Asset ChargesM8.6 M4.1 M
Slightly volatile
Net Invested Capital102.6 M85.1 M72.8 M
Slightly volatile
Net Working Capital69.6 M68.5 M43.1 M
Slightly volatile
Capital Stock17.2 K18 K14.9 K
Slightly volatile

Turtle Beach Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue166.5 M258.1 M172.5 M
Slightly volatile
Other Operating Expenses166 M272.9 M171.9 M
Slightly volatile
Research Development18 M17.1 M9.1 M
Slightly volatile
Cost Of Revenue114.3 M183.6 M118.4 M
Slightly volatile
Total Operating Expenses51.7 M89.2 M53.4 M
Slightly volatile
Selling General Administrative19 M31.3 M17.4 M
Slightly volatile
Non Recurring582.3 K613 K8.8 M
Pretty Stable
Selling And Marketing Expenses42.4 M43.5 M37.4 M
Slightly volatile
Interest Income574.6 K604.8 K3.7 M
Slightly volatile
Reconciled Depreciation5.5 MM4.8 M
Slightly volatile

Turtle Beach Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation12.6 M12 M4.8 M
Slightly volatile
Depreciation4.1 M4.8 M4.3 M
Slightly volatile
Capital Expenditures2.9 M2.2 M3.1 M
Slightly volatile
End Period Cash Flow12.9 M18.7 M11.8 M
Slightly volatile
Begin Period Cash Flow12.7 M11.4 M10.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.690.726979.4799
Slightly volatile
Dividend Yield5.0E-45.0E-40.0134
Slightly volatile
Days Sales Outstanding84.4176.910784.0356
Pretty Stable
Average Payables274.7 K466.1 K451.7 K
Slightly volatile
Stock Based Compensation To Revenue0.04410.04640.8227
Slightly volatile
EV To Sales0.650.684377.8247
Slightly volatile
Inventory Turnover3.964.17153.0811
Slightly volatile
Days Of Inventory On Hand83.1287.4977261
Slightly volatile
Payables Turnover6.486.824311.1407
Slightly volatile
Sales General And Administrative To Revenue0.120.12131.6021
Slightly volatile
Average Inventory230.9 K243 K246.6 K
Slightly volatile
Research And Ddevelopement To Revenue0.06310.06640.7324
Slightly volatile
Cash Per Share0.751.09290.9463
Slightly volatile
Days Payables Outstanding50.8153.4857153
Slightly volatile
Intangibles To Total Assets0.07870.08280.1869
Slightly volatile
Current Ratio4.192.21643.8846
Slightly volatile
Receivables Turnover7.194.74585.4297
Pretty Stable
Graham Number9.8510.73614.374
Very volatile
Average Receivables28.9 M27.6 M26.2 M
Slightly volatile
Revenue Per Share8.8315.06413.5087
Slightly volatile
Interest Debt Per Share0.09730.10242.4283
Slightly volatile
Debt To Assets0.00790.00830.2333
Slightly volatile
Operating Cycle156164344
Slightly volatile
Days Of Payables Outstanding50.8153.4857153
Slightly volatile
Long Term Debt To Capitalization4.774.552.9238
Slightly volatile
Total Debt To Capitalization0.01380.01450.3922
Slightly volatile
Quick Ratio2.21.29792.1752
Slightly volatile
Net Income Per E B T1.141.01951.0003
Pretty Stable
Cash Ratio0.320.33241.4948
Slightly volatile
Days Of Inventory Outstanding83.1287.4977261
Slightly volatile
Days Of Sales Outstanding84.4176.910784.0356
Pretty Stable
Fixed Asset Turnover20.7321.819373.7874
Slightly volatile
Debt Ratio0.00790.00830.2333
Slightly volatile
Price Sales Ratio0.690.726979.4799
Slightly volatile
Asset Turnover0.91.72121.2044
Slightly volatile

Turtle Beach Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap24.4 M25.7 M99.5 M
Slightly volatile
Enterprise Value198.1 M100.4 M153.7 M
Slightly volatile

Turtle Fundamental Market Drivers

Forward Price Earnings18.7617
Cash And Short Term Investments18.7 M

Turtle Upcoming Events

11th of March 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Turtle Beach Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Turtle Beach income statement, its balance sheet, and the statement of cash flows. Turtle Beach investors use historical funamental indicators, such as Turtle Beach's revenue or net income, to determine how well the company is positioned to perform in the future. Although Turtle Beach investors may use each financial statement separately, they are all related. The changes in Turtle Beach's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Turtle Beach's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Turtle Beach Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Turtle Beach. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred RevenueM6.3 M
Total Revenue258.1 M166.5 M
Cost Of Revenue183.6 M114.3 M
Stock Based Compensation To Revenue 0.05  0.04 
Sales General And Administrative To Revenue 0.12  0.12 
Research And Ddevelopement To Revenue 0.07  0.06 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 15.06  8.83 
Ebit Per Revenue(0.06)(0.06)

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When determining whether Turtle Beach Corp is a strong investment it is important to analyze Turtle Beach's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Turtle Beach's future performance. For an informed investment choice regarding Turtle Stock, refer to the following important reports:
Check out the analysis of Turtle Beach Correlation against competitors.
Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
(1.03)
Revenue Per Share
15.064
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.06)
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.