Turtle Historical Financial Ratios

HEAR Stock  USD 17.24  0.05  0.29%   
Turtle Beach is promptly reporting on over 108 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 5.0E-4 or Operating Cycle of 156 will help investors to properly organize and evaluate Turtle Beach Corp financial condition quickly.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

About Turtle Financial Ratios Analysis

Turtle Beach CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Turtle Beach investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Turtle financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Turtle Beach history.

Turtle Beach Financial Ratios Chart

Turtle Beach Corp financial ratios usually calculated using numerical values taken directly from Turtle Beach financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Turtle Beach. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, Turtle Beach's Long Term Debt To Capitalization is relatively stable compared to the past year. As of 03/28/2024, Quick Ratio is likely to grow to 2.20, while Price To Sales Ratio is likely to drop 0.69.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Turtle Beach Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Turtle Beach sales, a figure that is much harder to manipulate than other Turtle Beach Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Turtle Beach Corp dividend as a percentage of Turtle Beach stock price. Turtle Beach Corp dividend yield is a measure of Turtle Beach stock productivity, which can be interpreted as interest rate earned on an Turtle Beach investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most ratios from Turtle Beach's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Turtle Beach Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Turtle Beach's Long Term Debt To Capitalization is relatively stable compared to the past year. As of 03/28/2024, Quick Ratio is likely to grow to 2.20, while Price To Sales Ratio is likely to drop 0.69.
 2022 2023 2024 (projected)
Dividend Yield4.26E-44.9E-44.66E-4
Price To Sales Ratio0.490.730.69

Turtle Beach fundamentals Correlations

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0.79-0.810.12-0.77-0.720.2-0.810.320.260.270.310.780.460.140.160.78-0.060.060.580.450.130.840.480.260.07
-0.95-0.81-0.110.960.79-0.230.92-0.190.0-0.15-0.64-0.98-0.71-0.03-0.21-0.980.060.02-0.49-0.15-0.28-1.0-0.410.0-0.07
0.090.12-0.110.08-0.090.08-0.15-0.1-0.75-0.080.060.05-0.4-0.010.98-0.01-0.660.0-0.3-0.040.270.12-0.21-0.750.94
-0.93-0.770.960.080.64-0.050.81-0.26-0.16-0.21-0.6-0.99-0.77-0.04-0.02-1.0-0.060.0-0.57-0.15-0.2-0.95-0.39-0.160.11
-0.75-0.720.79-0.090.64-0.720.96-0.140.01-0.1-0.59-0.67-0.57-0.01-0.17-0.660.050.09-0.37-0.23-0.27-0.82-0.480.01-0.03
0.280.2-0.230.08-0.05-0.72-0.560.19-0.140.180.470.060.23-0.20.140.06-0.13-0.130.20.160.180.280.3-0.140.04
-0.88-0.810.92-0.150.810.96-0.56-0.20.05-0.15-0.65-0.84-0.630.0-0.26-0.830.120.05-0.46-0.2-0.3-0.94-0.480.05-0.1
0.370.32-0.19-0.1-0.26-0.140.19-0.20.271.00.350.220.2-0.14-0.090.22-0.070.110.610.33-0.130.220.460.27-0.11
0.110.260.0-0.75-0.160.01-0.140.050.270.25-0.240.060.240.09-0.810.110.720.050.430.63-0.390.030.341.0-0.75
0.320.27-0.15-0.08-0.21-0.10.18-0.151.00.250.330.170.15-0.13-0.080.17-0.10.10.610.31-0.150.170.430.25-0.1
0.70.31-0.640.06-0.6-0.590.47-0.650.35-0.240.330.60.570.070.170.6-0.120.190.27-0.050.090.640.35-0.240.13
0.940.78-0.980.05-0.99-0.670.06-0.840.220.060.170.60.710.030.151.0-0.02-0.010.510.130.250.970.390.060.01
0.680.46-0.71-0.4-0.77-0.570.23-0.630.20.240.150.570.710.01-0.280.740.25-0.260.41-0.040.370.690.10.24-0.47
0.030.14-0.03-0.01-0.04-0.01-0.20.0-0.140.09-0.130.070.030.01-0.050.030.210.54-0.290.2-0.550.04-0.10.090.17
0.160.16-0.210.98-0.02-0.170.14-0.26-0.09-0.81-0.080.170.15-0.28-0.050.09-0.71-0.04-0.23-0.150.370.21-0.22-0.810.91
0.940.78-0.98-0.01-1.0-0.660.06-0.830.220.110.170.61.00.740.030.090.02-0.010.530.140.230.960.40.11-0.05
0.02-0.060.06-0.66-0.060.05-0.130.12-0.070.72-0.1-0.12-0.020.250.21-0.710.020.14-0.040.42-0.36-0.050.190.72-0.6
0.030.060.020.00.00.09-0.130.050.110.050.10.19-0.01-0.260.54-0.04-0.010.14-0.150.2-0.8-0.020.440.050.33
0.550.58-0.49-0.3-0.57-0.370.2-0.460.610.430.610.270.510.41-0.29-0.230.53-0.04-0.150.290.020.490.440.43-0.4
0.360.45-0.15-0.04-0.15-0.230.16-0.20.330.630.31-0.050.13-0.040.2-0.150.140.420.20.29-0.430.210.370.63-0.07
0.150.13-0.280.27-0.2-0.270.18-0.3-0.13-0.39-0.150.090.250.37-0.550.370.23-0.36-0.80.02-0.430.27-0.33-0.390.02
0.960.84-1.00.12-0.95-0.820.28-0.940.220.030.170.640.970.690.040.210.96-0.05-0.020.490.210.270.450.030.07
0.460.48-0.41-0.21-0.39-0.480.3-0.480.460.340.430.350.390.1-0.1-0.220.40.190.440.440.37-0.330.450.34-0.09
0.110.260.0-0.75-0.160.01-0.140.050.271.00.25-0.240.060.240.09-0.810.110.720.050.430.63-0.390.030.34-0.75
0.040.07-0.070.940.11-0.030.04-0.1-0.11-0.75-0.10.130.01-0.470.170.91-0.05-0.60.33-0.4-0.070.020.07-0.09-0.75
Click cells to compare fundamentals

Turtle Beach Account Relationship Matchups

Turtle Beach fundamentals Accounts

201920202021202220232024 (projected)
Short Term Coverage Ratios2.5256.97(0.43)(2.2)21.5522.63
Price Earnings Ratio8.269.0922.93(1.98)(10.61)(10.08)
Price To Sales Ratio0.630.981.110.490.730.69
Operating Cycle176.25159.46192.16202.04164.41156.19
Price Book Value Ratio2.343.032.871.332.212.1
Price Earnings To Growth Ratio(0.15)0.0817(0.4)0.0046480.150.16
Days Of Payables Outstanding52.6968.5962.0837.9353.4950.81
Operating Cash Flow Per Share2.513.12(0.0179)(2.54)1.571.65
Price To Operating Cash Flows Ratio3.776.9(1.2K)(2.82)6.967.31
Free Cash Flow Per Share2.392.78(0.33)(2.76)1.451.52
Price To Free Cash Flows Ratio3.967.76(68.3)(2.6)7.567.94
Pretax Profit Margin0.04990.150.055(0.23)(0.0672)(0.0705)
Inventory Turnover3.413.172.332.684.173.96
Payables Turnover6.935.325.889.626.826.48
Operating Profit Margin0.03170.140.0415(0.21)(0.0571)(0.0599)
Effective Tax Rate(0.53)0.260.12(0.0935)(0.0195)(0.0205)
Company Equity Multiplier2.071.751.631.841.762.37
Cash Per Share0.532.862.070.691.090.72
Total Debt To Capitalization0.20.0076390.0053820.180.01450.0138
Interest Coverage8.01105.2839.74(40.64)(29.22)(30.69)
Return On Capital Employed0.110.390.0999(0.5)(0.16)(0.17)
Debt Equity Ratio0.250.0076980.0054110.210.01470.014
Ebit Per Revenue0.03170.140.0415(0.21)(0.0571)(0.0599)
Quick Ratio0.821.150.940.851.32.2
Dividend Paid And Capex Coverage Ratio(24.89)(9.01)0.9811.79(12.97)(12.32)
Net Income Per E B T1.530.740.881.091.021.14
Cash Ratio0.130.590.480.180.330.32
Cash Conversion Cycle123.5690.87130.08164.11110.92105.38
Operating Cash Flow Sales Ratio0.170.14(8.93E-4)(0.17)0.10.11
Days Of Inventory Outstanding106.99115.0156.34136.1887.583.12
Days Of Sales Outstanding69.2644.4635.8265.8676.9184.41
Free Cash Flow Operating Cash Flow Ratio0.950.8918.191.080.921.72
Cash Flow Coverage Ratios2.5256.97(0.43)(2.2)21.5522.63
Price To Book Ratio2.343.032.871.332.212.1
Current Ratio1.592.162.472.12.224.19

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When determining whether Turtle Beach Corp is a strong investment it is important to analyze Turtle Beach's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Turtle Beach's future performance. For an informed investment choice regarding Turtle Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
(1.03)
Revenue Per Share
15.064
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.06)
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.