Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023)

Turtle Beach (TBCH) posted quarterly Interest Coverage Ratio of 32.46 for Q1 2023, up 60.83% year-over-year from 20.18 in Q1 2022, and down 130.6% on a QoQ basis from 14.08 in Q4 2022.

Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023) Analysis & Trends

Turtle Beach (TBCH) has reported Interest Coverage Ratio for 11 consecutive years, with 32.46 the latest figure, recorded in Q1 2023.

  • In Q1 2023, Interest Coverage Ratio rose 60.83% year-over-year to 32.46; the TTM figure through Dec 2023 stood at 18.21 (up 54.83% YoY), while the FY2023 annual figure was 7.23, up 82.87% from the prior year.
  • Interest Coverage Ratio came in at 32.46 for Q1 2023 at Turtle Beach, down from 14.08 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 242.2 in Q3 2020, with the low at 270.87 in Q4 2020.
  • Average Interest Coverage Ratio over 5 years is 5.32, with a median of 12.6 recorded in 2019.
  • Across the five-year window, Interest Coverage Ratio jumped 2022.99% in 2020 and sank 4924.6% in 2022, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 40.89 in 2019, then sank by 762.47% to 270.87 in 2020, then soared by 122.96% to 62.18 in 2021, then plunged by 122.64% to 14.08 in 2022, then tumbled by 130.6% to 32.46 in 2023.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 32.46, 14.08, and 27.4 for Q1 2023, Q4 2022, and Q3 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn -
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn -303.61
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn 10.70
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 -
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn -
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 149.30
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn -14.74
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Turtle Beach 257,199.99 -12.06 Mn 11.29 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 -32.46
Dec 31, 2022 -14.08
Sep 30, 2022 -27.40
Jun 30, 2022 -213.73
Mar 31, 2022 -82.87
Dec 31, 2021 62.18
Sep 30, 2021 14.75
Jun 30, 2021 4.43
Mar 31, 2021 122.80
Dec 31, 2020 -270.87
Sep 30, 2020 242.20
Jun 30, 2020 119.96
Mar 31, 2020 -29.66
Dec 31, 2019 40.89
Sep 30, 2019 -12.60
Jun 30, 2019 -23.07
Mar 31, 2019 9.01
Dec 31, 2018 7.01
Sep 30, 2018 15.12
Jun 30, 2018 6.57