Turtle Beach Corp Stock Debt To Equity

HEAR Stock

USD 15.78 0.66 4.37%

Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turtle Beach stock.

		Last Reported	Projected for Next Year
	Debt To Equity	0.25	0.23

As of 11/25/2024, Debt To Equity is likely to drop to 0.23.

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Turtle Beach Corp Company Debt To Equity Analysis

Turtle Beach's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Turtle Beach Debt To Equity

0.48 %

Most of Turtle Beach's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Turtle Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Turtle Beach is extremely important. It helps to project a fair market value of Turtle Stock properly, considering its historical fundamentals such as Debt To Equity. Since Turtle Beach's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Turtle Beach's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Turtle Beach's interrelated accounts and indicators.

	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

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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict Turtle Beach

Debt To Equity Over Time

Turtle Total Stockholder Equity

Total Stockholder Equity

47.52 Million

At this time, Turtle Beach's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, Turtle Beach Corp has a Debt To Equity of 0.479%. This is 99.19% lower than that of the Household Durables sector and 98.99% lower than that of the Consumer Discretionary industry. The debt to equity for all United States stocks is 99.02% higher than that of the company.

Turtle Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turtle Beach's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Turtle Beach could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics of similar companies.

Turtle Beach is currently under evaluation in debt to equity category among its peers.

Turtle Beach ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Turtle Beach's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Turtle Beach's managers, analysts, and investors.

Environmental

Governance

Social

Turtle Fundamentals

	Return On Equity	0.0528
	Return On Asset	0.0415
	Profit Margin	0.01 %
	Operating Margin	0.11 %
	Current Valuation	407.37 M
	Shares Outstanding	20.08 M
	Shares Owned By Insiders	28.14 %
	Shares Owned By Institutions	69.39 %
	Number Of Shares Shorted	816.08 K
	Price To Earning	116.00 X
	Price To Book	3.11 X
	Price To Sales	0.97 X
	Revenue	258.12 M
	Gross Profit	49.19 M
	EBITDA	(12 M)
	Net Income	(17.68 M)
	Cash And Equivalents	10.51 M
	Cash Per Share	0.63 X
	Total Debt	7.73 M
	Debt To Equity	0.48 %
	Current Ratio	1.76 X
	Book Value Per Share	5.07 X
	Cash Flow From Operations	27.04 M
	Short Ratio	5.14 X
	Earnings Per Share	0.31 X
	Price To Earnings To Growth	0.67 X
	Target Price	22.83
	Number Of Employees	252
	Beta	2.06
	Market Capitalization	316.85 M
	Total Asset	149.97 M
	Retained Earnings	(134.28 M)
	Working Capital	68.52 M
	Current Asset	94.9 M
	Current Liabilities	69.18 M
	Net Asset	149.97 M

About Turtle Beach Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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