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| Date | Value |
|---|---|
| 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 |