Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022)
Turtle Beach (TBCH) recorded quarterly Long-Term Deferred Tax of $17.1 million in Q3 2022, up 31.13% quarter-over-quarter from $13.0 million in Q2 2022, and up 97.49% on a YoY basis from $8.6 million in Q3 2021.
Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022) Analysis & Trends
Turtle Beach's Long-Term Deferred Tax history runs 10 years deep, the most recent figure standing at $17.1 million for Q3 2022.
- In Q3 2022, Long-Term Deferred Tax rose 97.49% year-over-year to $17.1 million; the TTM figure through Sep 2022 stood at $17.1 million (up 97.49% YoY), while the FY2021 annual figure was $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.
- In the past five years, Long-Term Deferred Tax ranged from a high of $17.1 million in Q3 2022 to a low of $127000.0 in Q2 2018.
- Historically, Long-Term Deferred Tax has averaged $7.6 million across 5 years, with a median of $7.4 million in 2019.
- The sharpest annual moves came in 2018 and 2022: Long-Term Deferred Tax tumbled 78.33% in 2018, then surged 97.49% in 2022.
- A 5-year view of Long-Term Deferred Tax shows it stood at $127000.0 in 2018, then jumped by 5757.48% to $7.4 million in 2019, then slipped by 6.63% to $6.9 million in 2020, then dropped by 15.07% to $5.9 million in 2021, then jumped 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn |
| 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 |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn |
Historic Data
Download 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 |