Turtle Long Term Debt to Equity Trend from 2010 to 2020

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HEAR -- USA Stock  

Fiscal Quarter End: 30th of June 2020  

Turtle Beach Long Term Debt to Equity yearly trend continues to be relatively stable with very little volatility. Long Term Debt to Equity is likely to grow to 0.50 this year. During the period from 2010 to 2020, Turtle Beach Long Term Debt to Equity destribution of quarterly values had range of  0.48 from its regression line and mean deviation of  0.23. Turtle Beach Direct Expenses is relatively stable at the moment as compared to the last year. Turtle Beach reported last year Direct Expenses of 155.95 Million. As of 06/03/2020, Consolidated Income is likely to grow to about 19.4 M, while Gross Profit is likely to drop slightly above 78.7 M.

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Check Turtle Beach financial statements over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 168.3 M, Consolidated Income of 19.4 M or Cost of Revenue of 139.1 M, as well as many exotic indicators such as Interest Coverage of 8.99, Long Term Debt to Equity of 0.4959 or PPandE Turnover of 50.77. This can be a perfect complement to check Turtle Beach Valuation or Volatility. It can also complement various Turtle Beach Technical models. Please check the analysis of Turtle Beach Correlation with competitors.

Turtle Long Term Debt to Equity Marginal Breakdown

Showing smoothed Long Term Debt to Equity of Turtle Beach with missing and latest data points interpolated.
Long Term Debt to Equity10 Years Trend
Increasing
Slightly volatile
 Long Term Debt to Equity 
      Timeline 

Turtle Long Term Debt to Equity Regression Statistics

Arithmetic Mean 0.29
Geometric Mean 0.15
Coefficient Of Variation 83.98
Mean Deviation 0.23
Median 0.46
Standard Deviation 0.24
Sample Variance 0.06
Range 0.48
R-Value 0.86
Mean Square Error 0.017576
R-Squared 0.73
Significance 0.00079177
Slope 0.06
Total Sum of Squares 0.59

Turtle Long Term Debt to Equity Over Time

2010  0.030648 
2013  0.043976 
2015  0.51 
2019  0.46 
2020  0.50 

About Turtle Beach Financial Statement Charts

There are typically three primary documents that fall into the category of financial statements. These documents include Turtle Beach income statement, its balance sheet, and the statement of cash flows. Turtle Beach investors use historical funamental indicators, such as Turtle Beach's Long Term Debt to Equity, to determine how well the company is positioned to perform in the future. Although Turtle Beach investors may use each financial statement separately, they are all related. The changes in Turtle Beach's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Turtle Beach's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Turtle Beach Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Turtle Beach. Please read more on our technical analysis and fundamental analysis pages.
 2017 2018 2019 2020 (projected)
Receivables50.53 M52.8 M44.53 M40.33 M
Inventories27.52 M49.47 M45.71 M49.32 M
Turtle Beach Corporation operates as an audio technology company. Turtle Beach Corporation was founded in 1975 and is headquartered in San Diego, California. Turtle Beach operates under Consumer Electronics classification in USA and is traded on BATS Exchange. It employs 213 people.

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Turtle Beach Investor Sentiment

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