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Turtle Probability Of Bankruptcy

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HEAR -- USA Stock  

Earning Report: March 12, 2020  

Turtle Beach probability of bankruptcy fundamental analysis lookup allows you to check this and other indicators for Turtle Beach Corporation or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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Turtle Probability Of Bankruptcy Analysis

For stocks, Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
 2019 2020 (projected)
Long Term Debt to Equity0.4595960.49588
Interest Coverage9.129.84
Turtle Beach Corporation operates as an audio technology company. The company was founded in 1975 and is headquartered in San Diego, California. Turtle Beach operates under Consumer Electronics classification in USA and is traded on BATS Exchange. It employs 136 people.
Long Term Debt to EquityInterest Coverage
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Turtle Beach Corporation Probability Of Bankruptcy

33%
ValuationFinancialsBuy or Sell

Turtle Distress Driver Correlations

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12 or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns including short term and long term historical volatility. Other factors taken into account include analysis of liquidity, revenues patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition
Accumulated Other Comprehensive Income
Based on latest financial disclosure Turtle Beach Corporation has Probability Of Bankruptcy of 33.0%. This is 18.44% lower than that of the Technology sector, and 18.46% lower than that of Consumer Electronics industry, The Probability Of Bankruptcy for all stocks is 17.15% higher than the company.

Turtle Probability Of Bankruptcy Peer Comparison

  Probability Of Bankruptcy 
    
  Turtle Beach Comparables 
Turtle Beach is rated below average in probability of bankruptcy category among related companies.

Turtle Fundamentals

Current Sentiment - HEAR

Turtle Beach Investor Sentiment

Most of Macroaxis users are currently bullish on Turtle Beach Corporation. What is your outlook on investing in Turtle Beach Corporation? Are you bullish or bearish?
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98% Bullish
2% Bearish
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