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Turtle Beach (Turtle Beach) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is Turtle Beach Debt-to-Equity?

Turtle Beach's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Turtle Beach's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Turtle Beach's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $85.1 Mil. Turtle Beach's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Turtle Beach's Debt-to-Equity or its related term are showing as below:

HEAR' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.23   Med: 0.25   Max: 1.14
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Turtle Beach was 1.14. The lowest was -3.23. And the median was 0.25.

HEAR's Debt-to-Equity is ranked better than
64.68% of 2197 companies
in the Hardware industry
Industry Median: 0.28 vs HEAR: 0.16

Turtle Beach Debt-to-Equity Historical Data

The historical data trend for Turtle Beach's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Turtle Beach Debt-to-Equity Chart

Turtle Beach Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 - - 0.21 -

Turtle Beach Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 - - 0.18 -

Competitive Comparison of Turtle Beach's Debt-to-Equity

For the Consumer Electronics subindustry, Turtle Beach's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turtle Beach's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turtle Beach's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Turtle Beach's Debt-to-Equity falls into.



Turtle Beach Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turtle Beach's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Turtle Beach's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Turtle Beach  (NAS:HEAR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Turtle Beach Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Turtle Beach's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Turtle Beach (Turtle Beach) Business Description

Traded in Other Exchanges
Address
44 South Broadway, 4th Floor, White Plains, NY, USA, 10601
Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.
Executives
Cris Keirn officer: Interim CEO C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
Katherine Lee Scherping director 6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Terry Jimenez director TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Juergen M. Stark director, officer: See Remarks 100 SUMMIT LAKE DRIVE, SUITE 100, VALHALLA NY 10594
Julia Sze director C/O 3636 N. CENTRAL AVENUE, SUITE 1200, PHOENIX AZ 85012
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Andrew Wolfe director 108 LEEWOOD CT., LOS GATOS CA 95032
William Z Wyatt director 240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
John T Hanson officer: CFO, Treasurer and Secretary 11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
Lloyd Gregory Ballard director 2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
William E Keitel director
Brian Stech director 910 W. LEGACY CENTER WAY, SUITE 500, MIDVALE UT 84047
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Kelly Ann Thompson director 921 LINCOLN PL, PACIFICA CA 94044
Ronald Doornink director 3100 OCEAN PARK BLVD, SANTA MONICA CA 90405