Turtle Beach Corp Stock Current Liabilities
HEAR Stock | USD 14.88 0.16 1.06% |
Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turtle Beach stock.
At this time, Turtle Beach's Non Current Liabilities Total is relatively stable compared to the past year. As of 04/19/2024, Non Current Liabilities Other is likely to grow to about 10.3 M, while Total Current Liabilities is likely to drop slightly above 48.9 M. Turtle | Current Liabilities |
Turtle Beach Corp Company Current Liabilities Analysis
Turtle Beach's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current Turtle Beach Current Liabilities | 69.18 M |
Most of Turtle Beach's fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Turtle Current Liabilities Driver Correlations
Understanding the fundamental principles of building solid financial models for Turtle Beach is extremely important. It helps to project a fair market value of Turtle Stock properly, considering its historical fundamentals such as Current Liabilities. Since Turtle Beach's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Turtle Beach's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Turtle Beach's interrelated accounts and indicators.
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Turtle Current Liabilities Historical Pattern
Today, most investors in Turtle Beach Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Turtle Beach's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Turtle Beach current liabilities as a starting point in their analysis.
Turtle Beach Current Liabilities |
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Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Turtle Total Current Liabilities
Total Current Liabilities |
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In accordance with the recently published financial statements, Turtle Beach Corp has a Current Liabilities of 69.18 M. This is 99.63% lower than that of the Household Durables sector and 99.99% lower than that of the Consumer Discretionary industry. The current liabilities for all United States stocks is 99.12% higher than that of the company.
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Turtle Fundamentals
Return On Equity | -0.2 | ||||
Return On Asset | -0.063 | ||||
Profit Margin | (0.07) % | ||||
Operating Margin | 0.07 % | ||||
Current Valuation | 250.98 M | ||||
Shares Outstanding | 21.05 M | ||||
Shares Owned By Insiders | 32.47 % | ||||
Shares Owned By Institutions | 71.39 % | ||||
Number Of Shares Shorted | 735.83 K | ||||
Price To Earning | 116.00 X | ||||
Price To Book | 4.04 X | ||||
Price To Sales | 1.33 X | ||||
Revenue | 258.12 M | ||||
Gross Profit | 49.19 M | ||||
EBITDA | (9.89 M) | ||||
Net Income | (17.68 M) | ||||
Cash And Equivalents | 10.51 M | ||||
Cash Per Share | 0.63 X | ||||
Total Debt | 7.73 M | ||||
Debt To Equity | 0.48 % | ||||
Current Ratio | 1.76 X | ||||
Book Value Per Share | 4.85 X | ||||
Cash Flow From Operations | 26.96 M | ||||
Short Ratio | 1.34 X | ||||
Earnings Per Share | (1.03) X | ||||
Price To Earnings To Growth | 1.17 X | ||||
Target Price | 22.2 | ||||
Number Of Employees | 252 | ||||
Beta | 2.18 | ||||
Market Capitalization | 313.29 M | ||||
Total Asset | 149.97 M | ||||
Retained Earnings | (134.28 M) | ||||
Working Capital | 68.52 M | ||||
Current Asset | 94.9 M | ||||
Current Liabilities | 69.18 M | ||||
Net Asset | 149.97 M |
About Turtle Beach Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Turtle Beach in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Turtle Beach's short interest history, or implied volatility extrapolated from Turtle Beach options trading.
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Try AI Portfolio ArchitectCheck out Turtle Beach Piotroski F Score and Turtle Beach Altman Z Score analysis. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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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.