Turtle Beach Corporation (TBCH) - Total Assets
Based on the latest financial reports, Turtle Beach Corporation (TBCH) holds total assets worth $278.21 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See net assets of Turtle Beach Corporation for net asset value and shareholders' equity analysis.
Turtle Beach Corporation - Total Assets Trend (2020–2024)
This chart illustrates how Turtle Beach Corporation's total assets have evolved over time, based on quarterly financial data.
Turtle Beach Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Turtle Beach Corporation's total assets of $278.21 Million consist of 63.0% current assets and 37.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.4% |
| Accounts Receivable | $93.12 Million | 31.2% |
| Inventory | $71.25 Million | 23.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $42.40 Million | 14.2% |
| Goodwill | $52.94 Million | 17.7% |
Asset Composition Trend (2020–2024)
This chart illustrates how Turtle Beach Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Turtle Beach Corporation (TBCH) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Turtle Beach Corporation's current assets represent 63.0% of total assets in 2024, a decrease from 83.6% in 2020.
- Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 22.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 6.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 31.2% of total assets.
Turtle Beach Corporation Competitors by Total Assets
Key competitors of Turtle Beach Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Goertek Inc
SHE:002241
|
China | CN¥94.82 Billion |
|
Shenzhen Transsion Holdings Co Ltd
SHG:688036
|
China | CN¥48.08 Billion |
|
Edifier Technology Co Ltd
SHE:002351
|
China | CN¥3.67 Billion |
|
Shenzhen Absen Optoelectronic Co Ltd
SHE:300389
|
China | CN¥4.30 Billion |
|
Bang & Olufsen
CO:BO
|
Denmark | Dkr2.29 Billion |
|
Hanpin Electron Co Ltd
TW:2488
|
Taiwan | NT$3.81 Billion |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$8.09 Million |
|
Global View Co Ltd
TW:3040
|
Taiwan | NT$1.96 Billion |
Turtle Beach Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.60 | 1.26 | 2.16 |
| Quick Ratio | 0.75 | 0.60 | 1.25 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.80 Million | $40.75 Million | $91.33 Million |
Turtle Beach Corporation - Advanced Valuation Insights
This section examines the relationship between Turtle Beach Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.33 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | 99.3% |
| Total Assets | $298.86 Million |
| Market Capitalization | $216.67 Million USD |
Valuation Analysis
Below Book Valuation: The market values Turtle Beach Corporation's assets below their book value (0.72x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Turtle Beach Corporation's assets grew by 99.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Turtle Beach Corporation (2020–2024)
The table below shows the annual total assets of Turtle Beach Corporation from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $298.86 Million | +99.28% |
| 2023-12-31 | $149.97 Million | -8.21% |
| 2022-12-31 | $163.39 Million | -29.12% |
| 2021-12-31 | $230.50 Million | +13.30% |
| 2020-12-31 | $203.45 Million | -- |
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