Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022)
Turtle Beach (TBCH) posted quarterly Long-Term Deferred Tax of $17.1 million for Q3 2022, up 97.49% year-over-year from $8.6 million in Q3 2021, and up 31.13% on a QoQ basis from $13.0 million in Q2 2022.
Turtle Beach (TBCH) Long-Term Deferred Tax (2013 - 2022) Analysis & Trends
Turtle Beach (TBCH) has reported Long-Term Deferred Tax for 10 consecutive years, with $17.1 million the latest figure, recorded in 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 came in at $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.
- Across the five-year window, Long-Term Deferred Tax plunged 78.33% in 2018 and surged 97.49% in 2022, its largest moves.
- Year by year, Long-Term Deferred Tax stood at $127000.0 in 2018, then jumped by 5757.48% to $7.4 million in 2019, then fell by 6.63% to $6.9 million in 2020, then retreated by 15.07% to $5.9 million in 2021, then jumped by 189.18% to $17.1 million in 2022.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $17.1 million, $13.0 million, and $8.2 million for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 3 | Zepp Health | 1.32 Bn | -101.84 Bn | 19.44 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 |
| 8 | Foxx Development Holdings | 23.69 Mn | 20.50 Mn | -1.45 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 |
|---|---|
| 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 |