TBCH (Turtle Beach) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Turtle Beach LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Turtle Beach's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.15.

Turtle Beach's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.15). It may suggest that Turtle Beach is progressively becoming more dependent on debt to grow their business.

Turtle Beach LT-Debt-to-Total-Asset Historical Data

The historical data trend for Turtle Beach's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Turtle Beach Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

Turtle Beach Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.18	0.17	0.15	0.15

Turtle Beach LT-Debt-to-Total-Asset Calculation

Turtle Beach's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	45.62	/	298.861
	=	0.15

Turtle Beach's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	45.62	/	298.861
	=	0.15

Turtle Beach (NAS:TBCH) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Turtle Beach LT-Debt-to-Total-Asset Related Terms

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

Turtle Beach Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (NAS:TBCH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0ZNF:UK 0P1A:Germany

Address

15822 Bernardo Center Drive, Suite 105, San Diego, CA, USA, 10601

Website

https://www.turtlebeach.com

Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.

Executives

Lloyd Gregory Ballard	director	2 TOWNSEND ST, #2-1003, SAN FRANCISCO CA 94107
Cris Keirn	officer: Interim CEO	C/O TURTLE BEACH CORP, 44 SOUTH BROADWAY, 4TH FLOOR, WHITE PLAINS NY 10601
William Z Wyatt	director	240 26TH STREET, SUITE 3, SANTA MONICA CA 90402
Terry Jimenez	director	TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Katherine Lee Scherping	director	6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
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
John T Hanson	officer: CFO, Treasurer and Secretary	11011 VIA FRONTERA, SUITE A/B, SAN DIEGO CA 92127
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