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
DateValue
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