Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023)
Turtle Beach (TBCH) posted Interest Coverage Ratio of 32.46 for Q1 2023, down 130.6% on a QoQ basis from 14.08 in Q4 2022, and up 57.3% year-over-year from 20.64 in Q1 2022.
Analysis
Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023) Analysis & Trends
Turtle Beach has reported Interest Coverage Ratio for 11 years, with the latest figure at 32.46 in Q1 2023.
- On a quarterly basis, Interest Coverage Ratio rose 57.3% year-over-year to 32.46 in Q1 2023; TTM through Mar 2023 was 36.08, a 10777.68% decrease from a year earlier, with the FY2023 full-year figure at 27.4, up 35.05% from the prior year.
- Interest Coverage Ratio was 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 235.15 in Q3 2020, with the low at 213.73 in Q2 2022.
- Average Interest Coverage Ratio over 5 years is 21.6, with a median of 4.43 recorded in 2021.
- The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio surged 2340.37% in 2020, then tumbled 4924.6% in 2022.
- Over 5 years, Interest Coverage Ratio stood at 40.89 in 2019, then surged by 389.22% to 200.03 in 2020, then sank by 68.91% to 62.18 in 2021, then slumped by 122.64% to 14.08 in 2022, then sank by 130.6% to 32.46 in 2023.
- The last three Interest Coverage Ratio figures came in at 32.46 (Q1 2023), 14.08 (Q4 2022), and 27.4 (Q3 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn | 286.67 |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn | 4.54 |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn | 592.73 |
| 4 | Turtle Beach | 227.10 Mn | 207.53 Mn | 21.86 Mn | - |
| 5 | GoPro | 215.05 Mn | 187.79 Mn | 31.66 Mn | - |
| 6 | Owlet | 136.58 Mn | 100.03 Mn | 21.82 Mn | - |
| 7 | AMC Robotics | 75.71 Mn | 71.17 Mn | 750,607.00 | - |
| 8 | Ispire Technology | 75.66 Mn | 55.86 Mn | 1.69 Mn | -181.52 |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn | 1,009.06 |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn | 583.62 |
Historic Data
Download Data
Historic 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 | -76.03 |
| Dec 31, 2021 | 62.18 |
| Sep 30, 2021 | 14.75 |
| Jun 30, 2021 | 4.43 |
| Mar 31, 2021 | 122.80 |
| Dec 31, 2020 | 200.03 |
| Sep 30, 2020 | 235.15 |
| Jun 30, 2020 | 99.57 |
| Mar 31, 2020 | -25.07 |
| Dec 31, 2019 | 40.89 |
| Sep 30, 2019 | -10.50 |
| Jun 30, 2019 | -20.78 |
| Mar 31, 2019 | 7.38 |
| Dec 31, 2018 | 26.01 |
| Sep 30, 2018 | 15.12 |
| Jun 30, 2018 | 6.57 |