Turtle Total Assets from 2010 to 2024

HEAR Stock

USD 15.78 0.66 4.37%

Turtle Beach Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 111.8 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2009-09-30

Previous Quarter

264.4 M

Current Value

313.2 M

Quarterly Volatility

90.8 M

Credit Downgrade

Yuan Drop

Covid

Check Turtle Beach financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Turtle Beach's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 478.8 K or Total Revenue of 166.5 M, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.18 or PTB Ratio of 2.1. Turtle financial statements analysis is a perfect complement when working with Turtle Beach Valuation or Volatility modules.

Check out the analysis of Turtle Beach Correlation against competitors.

Latest Turtle Beach's Total Assets Growth Pattern

Below is the plot of the Total Assets of Turtle Beach Corp over the last few years. Total assets refers to the total amount of Turtle Beach assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Turtle Beach Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Turtle Beach's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Turtle Beach's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 149.97 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Turtle Total Assets Regression Statistics

	Arithmetic Mean	115,793,867
	Geometric Mean	51,505,827
	Coefficient Of Variation	71.65
	Mean Deviation	66,006,809
	Median	121,920,000
	Standard Deviation	82,971,601
	Sample Variance	6884.3T
	Range	245.8M
	R-Value	0.61
	Mean Square Error	4670.7T
	R-Squared	0.37
	Significance	0.02
	Slope	11,285,416
	Total Sum of Squares	96380T

Turtle Total Assets History

	2024	111.8 M
	2023	150 M
	2022	163.4 M
	2021	230.5 M
	2020	203.5 M
	2019	131.4 M
	2018	121.9 M

Other Fundumenentals of Turtle Beach Corp

Intangibles To Total Assets

Turtle Beach Total Assets component correlations

	Total Assets	Total Stockholder Equity	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Net Debt	Retained Earnings	Short Term Debt	Common Stock	Net Tangible Assets	Good Will	Capital Surpluse	Property Plant Equipment	Current Deferred Revenue	Long Term Debt Total	Long Term Debt	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.86	0.95	0.81	0.8	0.93	0.55	-0.01	-0.27	0.34	0.31	0.54	0.61	0.82	0.55	0.04	0.64	0.56	-0.52	0.23	0.58	0.59	0.35
Total Stockholder Equity	0.86		0.89	0.44	0.38	0.79	0.43	-0.44	0.1	-0.12	-0.14	0.75	0.56	0.61	0.49	0.16	0.34	0.28	-0.18	-0.14	0.71	0.72	0.47
Accounts Payable	0.95	0.89		0.69	0.67	0.94	0.36	-0.25	-0.23	0.12	0.13	0.69	0.46	0.81	0.5	0.02	0.61	0.54	-0.47	0.24	0.7	0.72	0.39
Net Receivables	0.81	0.44	0.69		0.94	0.77	0.45	0.41	-0.68	0.69	0.6	0.2	0.45	0.86	0.59	0.08	0.81	0.75	-0.75	0.59	0.25	0.25	0.25
Total Liab	0.8	0.38	0.67	0.94		0.75	0.49	0.51	-0.62	0.76	0.73	0.09	0.45	0.76	0.42	-0.13	0.76	0.69	-0.75	0.59	0.22	0.21	0.08
Total Current Assets	0.93	0.79	0.94	0.77	0.75		0.22	-0.14	-0.47	0.23	0.17	0.69	0.28	0.93	0.59	0.1	0.8	0.75	-0.69	0.46	0.76	0.77	0.47
Intangible Assets	0.55	0.43	0.36	0.45	0.49	0.22		0.4	0.25	0.48	0.51	-0.2	0.89	0.11	0.05	-0.26	0.02	-0.07	0.02	-0.37	-0.22	-0.21	-0.23
Net Debt	-0.01	-0.44	-0.25	0.41	0.51	-0.14	0.4		-0.33	0.91	0.81	-0.77	0.24	-0.01	-0.2	-0.37	0.15	0.1	-0.23	0.31	-0.65	-0.68	-0.52
Retained Earnings	-0.27	0.1	-0.23	-0.68	-0.62	-0.47	0.25	-0.33		-0.46	-0.38	-0.15	0.29	-0.71	-0.54	-0.29	-0.85	-0.87	0.89	-0.91	-0.25	-0.22	-0.35
Short Term Debt	0.34	-0.12	0.12	0.69	0.76	0.23	0.48	0.91	-0.46		0.8	-0.49	0.39	0.31	0.01	-0.35	0.39	0.32	-0.4	0.47	-0.37	-0.41	-0.38
Common Stock	0.31	-0.14	0.13	0.6	0.73	0.17	0.51	0.81	-0.38	0.8		-0.49	0.42	0.22	0.05	-0.25	0.31	0.25	-0.4	0.36	-0.38	-0.36	-0.25
Net Tangible Assets	0.54	0.75	0.69	0.2	0.09	0.69	-0.2	-0.77	-0.15	-0.49	-0.49		-0.05	0.6	0.63	0.48	0.43	0.45	-0.32	0.13	0.96	0.96	0.76
Good Will	0.61	0.56	0.46	0.45	0.45	0.28	0.89	0.24	0.29	0.39	0.42	-0.05		0.16	0.18	-0.09	-0.08	-0.18	0.17	-0.33	-0.11	-0.1	-0.06
Capital Surpluse	0.82	0.61	0.81	0.86	0.76	0.93	0.11	-0.01	-0.71	0.31	0.22	0.6	0.16		0.71	0.27	0.92	0.89	-0.82	0.61	0.65	0.65	0.55
Property Plant Equipment	0.55	0.49	0.5	0.59	0.42	0.59	0.05	-0.2	-0.54	0.01	0.05	0.63	0.18	0.71		0.82	0.6	0.62	-0.57	0.37	0.58	0.59	0.89
Current Deferred Revenue	0.04	0.16	0.02	0.08	-0.13	0.1	-0.26	-0.37	-0.29	-0.35	-0.25	0.48	-0.09	0.27	0.82		0.18	0.24	-0.18	0.1	0.37	0.38	0.89
Long Term Debt Total	0.64	0.34	0.61	0.81	0.76	0.8	0.02	0.15	-0.85	0.39	0.31	0.43	-0.08	0.92	0.6	0.18		0.99	-0.97	0.73	0.53	0.52	0.42
Long Term Debt	0.56	0.28	0.54	0.75	0.69	0.75	-0.07	0.1	-0.87	0.32	0.25	0.45	-0.18	0.89	0.62	0.24	0.99		-0.98	0.74	0.55	0.53	0.46
Deferred Long Term Liab	-0.52	-0.18	-0.47	-0.75	-0.75	-0.69	0.02	-0.23	0.89	-0.4	-0.4	-0.32	0.17	-0.82	-0.57	-0.18	-0.97	-0.98		-0.76	-0.45	-0.44	-0.38
Short Long Term Debt	0.23	-0.14	0.24	0.59	0.59	0.46	-0.37	0.31	-0.91	0.47	0.36	0.13	-0.33	0.61	0.37	0.1	0.73	0.74	-0.76		0.26	0.24	0.21
Net Invested Capital	0.58	0.71	0.7	0.25	0.22	0.76	-0.22	-0.65	-0.25	-0.37	-0.38	0.96	-0.11	0.65	0.58	0.37	0.53	0.55	-0.45	0.26		0.98	0.68
Net Working Capital	0.59	0.72	0.72	0.25	0.21	0.77	-0.21	-0.68	-0.22	-0.41	-0.36	0.96	-0.1	0.65	0.59	0.38	0.52	0.53	-0.44	0.24	0.98		0.72
Capital Stock	0.35	0.47	0.39	0.25	0.08	0.47	-0.23	-0.52	-0.35	-0.38	-0.25	0.76	-0.06	0.55	0.89	0.89	0.42	0.46	-0.38	0.21	0.68	0.72

Click cells to compare fundamentals

About Turtle Beach Financial Statements

Turtle Beach shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Turtle Beach investors may analyze each financial statement separately, they are all interrelated. The changes in Turtle Beach's assets and liabilities, for example, are also reflected in the revenues and expenses on on Turtle Beach's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	150 M	111.8 M
Intangibles To Total Assets	0.08	0.08

Pair Trading with Turtle Beach

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Turtle Beach position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Turtle Beach will appreciate offsetting losses from the drop in the long position's value.

Moving together with Turtle Stock

0.63

DOGZ

Dogness International

Pair Corr

Moving against Turtle Stock

0.55	FEBO	Fenbo Holdings	Pair Corr
0.49	WLDS	Wearable Devices Buyout Trend	Pair Corr
0.45	EZGO	EZGO Technologies	Pair Corr
0.43	DOOO	BRP Inc Earnings Call This Week	Pair Corr
0.4	CRI	Carters	Pair Corr

The ability to find closely correlated positions to Turtle Beach could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turtle Beach when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Turtle Beach - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Turtle Beach Corp to buy it.

The correlation of Turtle Beach is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Turtle Beach moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turtle Beach Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Turtle Beach can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Turtle Stock Analysis

When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.

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