Turtle Beach Corporation (TBCH) - Net Assets
Based on the latest financial reports, Turtle Beach Corporation (TBCH) has net assets worth $110.65 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($278.21 Million) and total liabilities ($167.56 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Turtle Beach Corporation (TBCH) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $110.65 Million |
| % of Total Assets | 39.77% |
| Annual Growth Rate | 0.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 29.49 |
Turtle Beach Corporation - Net Assets Trend (2020–2024)
This chart illustrates how Turtle Beach Corporation's net assets have evolved over time, based on quarterly financial data. Also explore how large is Turtle Beach Corporation's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Turtle Beach Corporation (2020–2024)
The table below shows the annual net assets of Turtle Beach Corporation from 2020 to 2024. For live valuation and market cap data, see how much is Turtle Beach Corporation worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $120.60 Million | +41.76% |
| 2023-12-31 | $85.08 Million | -4.34% |
| 2022-12-31 | $88.94 Million | -37.09% |
| 2021-12-31 | $141.37 Million | +21.45% |
| 2020-12-31 | $116.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Turtle Beach Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4332100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $20.00K | 0.02% |
| Other Comprehensive Income | $-1.30 Million | -1.08% |
| Other Components | $239.98 Million | 198.98% |
| Total Equity | $120.60 Million | 100.00% |
Turtle Beach Corporation Competitors by Market Cap
The table below lists competitors of Turtle Beach Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oportun Financial Corp
NASDAQ:OPRT
|
$216.72 Million |
|
NORTHERN OCEAN LTD.
F:4JO
|
$216.75 Million |
|
Caisse régionale de Crédit Agricole Mutuel Atlantique Vendée
PA:CRAV
|
$216.78 Million |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
$216.78 Million |
|
Akmerkez Gayrimenkul Yatirim Ortakligi AS
IS:AKMGY
|
$216.58 Million |
|
PTC India Financial Services Limited
NSE:PFS
|
$216.58 Million |
|
Victory Supermarket Chain Ltd
TA:VCTR
|
$216.40 Million |
|
DAEA TI Co. Ltd
KQ:045390
|
$216.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turtle Beach Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,077,000 to 120,604,000, a change of 35,527,000 (41.8%).
- Net income of 16,183,000 contributed positively to equity growth.
- Share repurchases of 27,778,000 reduced equity.
- Other comprehensive income decreased equity by 456,000.
- Other factors increased equity by 47,578,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $16.18 Million | +13.42% |
| Share Repurchases | $27.78 Million | -23.03% |
| Other Comprehensive Income | $-456.00K | -0.38% |
| Other Changes | $47.58 Million | +39.45% |
| Total Change | $- | 41.76% |
Book Value vs Market Value Analysis
This analysis compares Turtle Beach Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.58x to 1.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $7.11 | $11.22 | x |
| 2021-12-31 | $7.75 | $11.22 | x |
| 2022-12-31 | $5.41 | $11.22 | x |
| 2023-12-31 | $4.97 | $11.22 | x |
| 2024-12-31 | $5.79 | $11.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turtle Beach Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.34%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.48x
- Recent ROE (13.42%) is above the historical average (-5.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 33.29% | 10.76% | 1.77x | 1.75x | $27.11 Million |
| 2021 | 12.54% | 4.84% | 1.59x | 1.63x | $3.58 Million |
| 2022 | -66.95% | -24.79% | 1.47x | 1.84x | $-68.44 Million |
| 2023 | -20.78% | -6.85% | 1.72x | 1.76x | $-26.19 Million |
| 2024 | 13.42% | 4.34% | 1.25x | 2.48x | $4.12 Million |
Industry Comparison
This section compares Turtle Beach Corporation's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $882,115,005,047
- Average return on equity (ROE) among peers: -5239.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turtle Beach Corporation (TBCH) | $110.65 Million | 33.29% | 1.51x | $216.67 Million |
| Apple Inc (AAPL) | $50.67 Billion | 196.96% | 5.96x | $3.88 Trillion |
| Boxlight Corp Class A (BOXL) | $10.91 Million | -59.95% | 0.88x | $1.03 Million |
| Fenbo Holdings Limited Ordinary Shares (FEBO) | $36.03 Million | 23.93% | 1.22x | $3.67 Million |
| Foxx Development Holdings Inc. (FOXX) | $-571.79K | 0.00% | 0.00x | $29.70 Million |
| GoPro Inc (GPRO) | $-79.74 Million | 0.00% | 0.00x | $117.86 Million |
| Koss Corporation (KOSS) | $22.70 Million | 5.59% | 0.32x | $41.23 Million |
| LG Display Co Ltd (LPL) | $8.77 Trillion | -31.17% | 3.08x | $4.33 Billion |
| Emerson Radio Corporation (MSN) | $-57.90 Million | 0.00% | 0.00x | $7.86 Million |
| Algorhythm Holdings, Inc. (RIME) | $2.60 Million | 120.91% | 2.71x | $5.87 Million |
| Sonos Inc (SONO) | $27.00K | -52655.56% | 14814.56x | $1.58 Billion |
About Turtle Beach Corporation
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 keyboards,… Read more