Turtle Beach (STU:0P1A) ROCE % : 57.11% (As of Dec. 2024)

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What is Turtle Beach ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Turtle Beach's annualized ROCE % for the quarter that ended in Dec. 2024 was 57.11%.

Turtle Beach ROCE % Historical Data

The historical data trend for Turtle Beach's ROCE % 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.

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Turtle Beach ROCE % Chart

Turtle Beach Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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53.49

15.31

-44.02

-17.22

14.14

Turtle Beach Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															39.56	-17.70	-6.37	15.25	57.11

Turtle Beach ROCE % Calculation

Turtle Beach's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	17.897	/	( ( (137.52 - 51.656)	+	(285.412 - 118.107) )	/ 2 )
	=	17.897	/	( (85.864	+	167.305)	/ 2 )
	=	17.897	/	126.5845
	=	14.14 %

Turtle Beach's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	88.3	/	( ( (282.194 - 140.294)	+	(285.412 - 118.107) )	/ 2 )
	=	88.3	/	( ( 141.9	+	167.305 )	/ 2 )
	=	88.3	/	154.6025
	=	57.11 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Turtle Beach (STU:0P1A) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Turtle Beach ROCE % Related Terms

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Turtle Beach Business Description

Industry

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Traded in Other Exchanges

TBCH:USA 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.

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