Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022)
Turtle Beach's Long-Term Deferred Tax came in at $17.06 million for Q3 2022, up 97.5% from $8.64 million a year earlier and up 31.1% from the prior quarter.
Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022) Analysis & Trends
At the end of FY2021, Turtle Beach's Long-Term Deferred Tax was $5.9 million, down 15.1% from FY2020.
- Long-Term Deferred Tax carries a five-year compound annual growth rate of 61.1% (FY2016 to FY2021).
- Going back by year, Long-Term Deferred Tax was $6.95 million in FY2020 (-6.6%), $7.44 million in FY2019 and $362,000 in FY2017 (-33.3%).
- The Q3 2022 figure represents the highest quarterly Long-Term Deferred Tax in data going back to Q4 2013.
- Year-over-year, Long-Term Deferred Tax has increased for three consecutive quarters, with growth averaging 21.0% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q3 2022 (growth of 97.5%), and the weakest in Q2 2018 (a decline of 78.3%).
- Business Quant data shows TBCH's Long-Term Deferred Tax at $13.01 million (Q2 2022), $8.23 million (Q1 2022) and $5.9 million (Q4 2021) in the three quarters before Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | SharkNinja | 31.51 Bn | 28.96 Bn | 1.17 Bn |
| 2 | Somnigroup International | 13.51 Bn | 13.06 Bn | 817.20 Mn |
| 3 | Hni | 3.42 Bn | 2.90 Bn | 678.50 Mn |
| 4 | Newell Brands | 2.33 Bn | 1.46 Bn | 649.00 Mn |
| 5 | Arhaus | 2.02 Bn | 1.10 Bn | 172.07 Mn |
| 6 | Whirlpool | 2.00 Bn | -1.64 Bn | 473.00 Mn |
| 7 | Sonos | 1.95 Bn | 852.84 Mn | 189.31 Mn |
| 8 | Cricut | 1.84 Bn | 746.53 Mn | 108.88 Mn |
| 9 | Millerknoll | 1.49 Bn | 787.72 Mn | 385.30 Mn |
| 10 | Turtle Beach | 272.21 Mn | 212.17 Mn | 29.59 Mn |
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 |
Turtle Beach Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TBCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TBCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TBCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();