Turtle Capital Stock vs Net Debt Analysis
HEAR Stock | USD 14.14 0.09 0.64% |
Turtle Beach financial indicator trend analysis is much more than just breaking down Turtle Beach Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Turtle Beach Corp is a good investment. Please check the relationship between Turtle Beach Capital Stock and its Net Debt accounts. 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.
Capital Stock vs Net Debt
Capital Stock vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turtle Beach Corp Capital Stock account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Turtle Beach's Capital Stock and Net Debt is -0.47. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of Turtle Beach Corp, assuming nothing else is changed. The correlation between historical values of Turtle Beach's Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Turtle Beach Corp are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., Turtle Beach's Capital Stock and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.47 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Capital Stock
The total amount of a company’s capital funded by shareholders through the issue and subscription of shares.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Turtle Beach's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is relatively stable compared to the past year. As of 04/27/2024, Enterprise Value is likely to grow to about 198.1 M, while Selling General Administrative is likely to drop slightly above 19 M.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 108.0M | 98.8M | 89.2M | 51.7M | Cost Of Revenue | 238.0M | 191.0M | 183.6M | 114.3M |
Turtle Beach fundamental ratios Correlations
Click cells to compare fundamentals
Turtle Beach Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Turtle Beach fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 131.4M | 203.5M | 230.5M | 163.4M | 150.0M | 111.8M | |
Other Current Liab | 26.4M | 36.1M | 37.7M | 25.4M | 23.0M | 15.4M | |
Total Current Liabilities | 64.6M | 78.7M | 78.2M | 64.3M | 56.3M | 48.9M | |
Total Stockholder Equity | 63.4M | 116.4M | 141.4M | 88.9M | 85.1M | 47.5M | |
Property Plant And Equipment Net | 4.0M | 6.6M | 7.0M | 6.4M | 11.8M | 12.4M | |
Accounts Payable | 22.5M | 42.5M | 40.5M | 19.8M | 26.9M | 17.2M | |
Non Current Assets Total | 28.8M | 33.5M | 37.4M | 28.2M | 25.1M | 26.8M | |
Net Receivables | 44.5M | 43.9M | 36.0M | 43.3M | 54.4M | 39.2M | |
Common Stock Shares Outstanding | 15.7M | 16.4M | 18.3M | 16.5M | 17.1M | 10.9M | |
Liabilities And Stockholders Equity | 131.4M | 203.5M | 230.5M | 163.4M | 150.0M | 111.8M | |
Non Current Liabilities Total | 3.4M | 8.4M | 11.0M | 10.1M | 8.6M | 15.5M | |
Inventory | 45.7M | 71.3M | 101.9M | 71.3M | 44.0M | 34.4M | |
Other Stockholder Equity | 176.8M | 190.6M | 198.3M | 206.9M | 220.2M | 116.4M | |
Total Liab | 68.0M | 87.1M | 89.1M | 74.4M | 64.9M | 64.3M | |
Property Plant And Equipment Gross | 4.0M | 6.6M | 30.1M | 33.8M | 35.7M | 37.5M | |
Total Current Assets | 102.5M | 170.0M | 193.1M | 135.2M | 124.9M | 85.0M | |
Accumulated Other Comprehensive Income | 116K | 589K | 127K | (1.4M) | (849K) | (806.6K) | |
Intangible Assets | 6.0M | 5.1M | 5.8M | 2.6M | 1.7M | 1.6M | |
Short Long Term Debt Total | 15.7M | 6.0M | 7.8M | 19.1M | 7.7M | 7.3M | |
Net Debt | 7.4M | (40.7M) | (30.0M) | 7.7M | (11.0M) | (10.4M) | |
Retained Earnings | (113.5M) | (74.8M) | (57.1M) | (116.6M) | (134.3M) | (127.6M) | |
Cash | 8.2M | 46.7M | 37.7M | 11.4M | 18.7M | 12.9M | |
Non Currrent Assets Other | 2.9M | 6.6M | 8.1M | 8.5M | 862K | 818.9K | |
Cash And Short Term Investments | 8.2M | 46.7M | 37.7M | 11.4M | 18.7M | 12.9M | |
Other Current Assets | 4.1M | 8.1M | 17.5M | 9.2M | 7.7M | 5.3M | |
Short Term Debt | 15.7M | 896K | 765K | 19.1M | 1.3M | 1.2M | |
Net Tangible Assets | 48.9M | 103.1M | 124.9M | 75.6M | 87.0M | 91.3M | |
Good Will | 1.0M | 8.5M | 8.2M | 10.7M | 9.6M | 10.5M | |
Retained Earnings Total Equity | (131.5M) | (113.5M) | (74.8M) | (57.1M) | (51.3M) | (53.9M) | |
Capital Surpluse | 169.4M | 176.8M | 190.6M | 198.3M | 228.0M | 132.9M | |
Property Plant Equipment | 4.0M | 6.6M | 7.0M | 14.4M | 16.5M | 17.3M | |
Other Liab | 2.1M | 8.4M | 11.0M | 2.6M | 3.0M | 5.0M | |
Other Assets | 8.5M | 13.6M | (1K) | 549K | 631.4K | 599.8K |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
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.