Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023)
Turtle Beach (TBCH) recorded quarterly Interest Coverage Ratio of 32.46 in Q1 2023, down 130.6% quarter-over-quarter from 14.08 in Q4 2022, and up 60.83% on a YoY basis from 20.18 in Q1 2022.
Turtle Beach (TBCH) Interest Coverage Ratio (2013 - 2023) Analysis & Trends
Turtle Beach's Interest Coverage Ratio history runs 11 years deep, the most recent figure standing at 32.46 for 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 was 32.46 for Q1 2023 at Turtle Beach, down from 14.08 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 242.2 in Q3 2020 to a low of 270.87 in Q4 2020.
- Historically, Interest Coverage Ratio has averaged 5.32 across 5 years, with a median of 12.6 in 2019.
- The sharpest annual moves came in 2020 and 2022: Interest Coverage Ratio jumped 2022.99% in 2020, then plunged 4924.6% in 2022.
- A 5-year view of Interest Coverage Ratio shows it stood at 40.89 in 2019, then plunged by 762.47% to 270.87 in 2020, then soared by 122.96% to 62.18 in 2021, then tumbled by 122.64% to 14.08 in 2022, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | - |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | -303.61 |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | 2.40 |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | - |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | - |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 2.86 |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 149.30 |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | -1,421.21 |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | -14.74 |
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 |