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
DateValue
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