Turtle Beach (TBCH) Long-Term Deferred Tax (2012 - 2022)
Turtle Beach (TBCH) posted Long-Term Deferred Tax of $17.1 million for Q3 2022, up 31.13% on a QoQ basis from $13.0 million in Q2 2022, and up 97.49% year-over-year from $8.6 million in Q3 2021.
Analysis
Turtle Beach (TBCH) Long-Term Deferred Tax (2012 - 2022) Analysis & Trends
Turtle Beach has reported Long-Term Deferred Tax for 11 years, with the latest figure at $17.1 million in Q3 2022.
- On a quarterly basis, Long-Term Deferred Tax rose 97.49% year-over-year to $17.1 million in Q3 2022; TTM through Sep 2022 was $17.1 million, a 97.49% increase from a year earlier, with the FY2021 full-year figure at $5.9 million, down 15.07% from the prior year.
- Long-Term Deferred Tax was $17.1 million for Q3 2022 at Turtle Beach, up from $13.0 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $17.1 million in Q3 2022, with the low at $127000.0 in Q2 2018.
- Average Long-Term Deferred Tax over 5 years is $7.6 million, with a median of $7.4 million recorded in 2019.
- The sharpest annual moves came in 2018 and 2022: Long-Term Deferred Tax slumped 78.33% in 2018, then soared 97.49% in 2022.
- Over 5 years, Long-Term Deferred Tax stood at $127000.0 in 2018, then surged by 5757.48% to $7.4 million in 2019, then dropped by 6.63% to $6.9 million in 2020, then declined by 15.07% to $5.9 million in 2021, then surged by 189.18% to $17.1 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $17.1 million (Q3 2022), $13.0 million (Q2 2022), and $8.2 million (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sonos | 1.84 Bn | 1.58 Bn | 189.31 Mn |
| 2 | Corsair Gaming | 1.45 Bn | 1.27 Bn | 104.29 Mn |
| 3 | Cricut | 1.18 Bn | 894.58 Mn | 116.41 Mn |
| 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 |
| 9 | Axil Brands | 41.28 Mn | 36.82 Mn | 6.22 Mn |
| 10 | Koss | 33.98 Mn | 14.16 Mn | 1.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 17.06 Mn |
| Jun 30, 2022 | 13.01 Mn |
| Mar 31, 2022 | 8.23 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Sep 30, 2021 | 8.64 Mn |
| Jun 30, 2021 | 7.05 Mn |
| Mar 31, 2021 | 7.33 Mn |
| Dec 31, 2020 | 6.95 Mn |
| Sep 30, 2020 | 7.80 Mn |
| Jun 30, 2020 | 6.66 Mn |
| Mar 31, 2020 | 9.32 Mn |
| Dec 31, 2019 | 7.44 Mn |
| Jun 30, 2018 | 127,000.00 |
| Mar 31, 2018 | 382,000.00 |
| Dec 31, 2017 | 362,000.00 |
| Sep 30, 2017 | 126,000.00 |
| Jun 30, 2017 | 586,000.00 |
| Mar 31, 2017 | 688,000.00 |
| Dec 31, 2016 | 543,000.00 |
| Jun 30, 2016 | 505,000.00 |