Turtle Beach (TBCH) Interest Expenses (2013 - 2023)
Turtle Beach (TBCH) posted quarterly Interest Expenses of $200000.0 for Q1 2023, up 100.0% year-over-year from $100000.0 in Q1 2022, and down 65.34% on a QoQ basis from $577000.0 in Q4 2022.
Turtle Beach (TBCH) Interest Expenses (2013 - 2023) Analysis & Trends
Turtle Beach (TBCH) has reported Interest Expenses for 11 consecutive years, with $200000.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Interest Expenses rose 100.0% year-over-year to $200000.0; the TTM figure through Dec 2023 stood at $200000.0 (down 84.34% YoY), while the FY2023 annual figure was $504000.0, down 58.69% from the prior year.
- Interest Expenses came in at $200000.0 for Q1 2023 at Turtle Beach, down from $577000.0 in the prior quarter.
- The five-year high for Interest Expenses was $577000.0 in Q4 2022, with the low at $67000.0 in Q4 2020.
- Average Interest Expenses over 5 years is $183882.4, with a median of $100000.0 recorded in 2019.
- Across the five-year window, Interest Expenses sank 92.05% in 2019 and soared 477.0% in 2022, its largest moves.
- Year by year, Interest Expenses stood at $329000.0 in 2019, then slumped by 79.64% to $67000.0 in 2020, then surged by 49.25% to $100000.0 in 2021, then jumped by 477.0% to $577000.0 in 2022, then slumped by 65.34% to $200000.0 in 2023.
- According to Business Quant data, Interest Expenses over the past three periods registered $200000.0, $577000.0, and $500000.0 for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (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 | 104,000.00 |
| 3 | Zepp Health | 1.32 Bn | -101.84 Bn | 19.44 Mn | -1.65 Mn |
| 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 | 1,435.00 |
| 8 | Foxx Development Holdings | 23.69 Mn | 20.50 Mn | -1.45 Mn | 2.30 Mn |
| 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 | 200,000.00 |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 577,000.00 |
| Dec 31, 2022 | 577,000.00 |
| Sep 30, 2022 | 500,000.00 |
| Sep 30, 2022 | 500,000.00 |
| Jun 30, 2022 | 100,000.00 |
| Jun 30, 2022 | 100,000.00 |
| Mar 31, 2022 | 100,000.00 |
| Mar 31, 2022 | 100,000.00 |
| Dec 31, 2021 | 100,000.00 |
| Dec 31, 2021 | 100,000.00 |
| Sep 30, 2021 | 101,000.00 |
| Sep 30, 2021 | 101,000.00 |
| Jun 30, 2021 | 100,000.00 |
| Jun 30, 2021 | 100,000.00 |
| Mar 31, 2021 | 100,000.00 |
| Mar 31, 2021 | 100,000.00 |
| Dec 31, 2020 | 67,000.00 |
| Dec 31, 2020 | 67,000.00 |