Turtle Beach (LTS:0ZNF) Total Assets : $298.9 Mil (As of Dec. 2024)

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What is Turtle Beach Total Assets?

Turtle Beach's Total Assets for the quarter that ended in Dec. 2024 was $298.9 Mil.

During the past 12 months, Turtle Beach's average Total Assets Growth Rate was 117.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.30% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 13 years, Turtle Beach's highest 3-Year average Total Assets Growth Rate was 623.20%. The lowest was -28.10%. And the median was 16.40%.

Total Assets is connected with ROA %. Turtle Beach's annualized ROA % for the quarter that ended in Dec. 2024 was 26.32%. Total Assets is also linked to Revenue through Asset Turnover. Turtle Beach's Asset Turnover for the quarter that ended in Dec. 2024 was 0.48.

Turtle Beach Total Assets Historical Data

The historical data trend for Turtle Beach's Total Assets 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 Total Assets Chart

Turtle Beach Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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203.45

230.51

163.39

149.97

298.86

Turtle Beach Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															149.97	258.39	264.39	313.20	298.86

Turtle Beach Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Turtle Beach's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	120.604	+	178.257
	=	298.9

Turtle Beach's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	120.604	+	178.257
	=	298.9

Turtle Beach (LTS:0ZNF) Total Assets Explanation

Total Assets is connected with ROA %.

Turtle Beach's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	80.556	/	( (313.201	+	298.861)	/ 2 )
	=	80.556	/	306.031
	=	26.32 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Turtle Beach's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	146.077	/	( (313.201	+	298.861)	/ 2 )
=	146.077	/	306.031
=	0.48

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Turtle Beach Total Assets Related Terms

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Turtle Beach Business Description

Industry

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TBCH:USA 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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