Turtle Beach Corp
Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming hea… Read more
Turtle Beach Corp (HEAR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.228x
Based on the latest financial reports, Turtle Beach Corp (HEAR) has a cash flow conversion efficiency ratio of -0.228x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-23.17 Million) by net assets ($101.82 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Turtle Beach Corp - Cash Flow Conversion Efficiency Trend (2008–2023)
This chart illustrates how Turtle Beach Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Turtle Beach Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Turtle Beach Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guangdong Guoli Sci&Tech Co Ltd Class A
SHE:300716
|
0.223x |
|
Cloudberry Clean Energy As
OL:CLOUD
|
0.039x |
|
Tehmag Foods
TWO:1264
|
0.036x |
|
Yutong Heavy Industries Co Ltd
SHG:600817
|
-0.036x |
|
Song Da Urban & Industrial Zone Investment and Development JSC
VN:SJS
|
-0.124x |
|
Guizhou Zhongyida Co Ltd
SHG:900906
|
0.253x |
|
Yaxing Chem
SHG:600319
|
-0.077x |
|
Renta 4 Banco S.A
MC:R4
|
0.031x |
Annual Cash Flow Conversion Efficiency for Turtle Beach Corp (2008–2023)
The table below shows the annual cash flow conversion efficiency of Turtle Beach Corp from 2008 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $85.08 Million | $27.04 Million | 0.318x | +167.56% |
| 2022-12-31 | $88.94 Million | $-41.85 Million | -0.470x | -20240.35% |
| 2021-12-31 | $141.37 Million | $-327.00K | -0.002x | -100.53% |
| 2020-12-31 | $116.40 Million | $51.05 Million | 0.439x | -29.40% |
| 2019-12-31 | $63.39 Million | $39.37 Million | 0.621x | -44.87% |
| 2018-12-31 | $37.50 Million | $42.25 Million | 1.127x | +830.42% |
| 2017-12-31 | $-22.16 Million | $3.42 Million | -0.154x | -274.46% |
| 2016-12-31 | $-20.70 Million | $-1.83 Million | 0.088x | +133.10% |
| 2015-12-31 | $56.65 Million | $-15.13 Million | -0.267x | -136.23% |
| 2014-12-31 | $131.19 Million | $-14.83 Million | -0.113x | +92.97% |
| 2013-12-31 | $3.09 Million | $-4.97 Million | -1.609x | -324.00% |
| 2012-12-31 | $7.25 Million | $-2.75 Million | -0.379x | +72.45% |
| 2011-12-31 | $720.46K | $-992.52K | -1.378x | -117.37% |
| 2010-12-31 | $32.48K | $257.61K | 7.931x | +4562.23% |
| 2009-12-31 | $923.20K | $157.04K | 0.170x | +158.58% |
| 2008-12-31 | $1.59 Million | $-461.19K | -0.290x | -- |