Turtle Beach Balance Sheet Health
Financial Health criteria checks 6/6
Turtle Beach has a total shareholder equity of $85.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $150.0M and $64.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.73m |
| Equity | US$85.08m |
| Total liabilities | US$64.89m |
| Total assets | US$149.97m |
Recent financial health updates
Recent updates
News Flash: Analysts Just Made A Captivating Upgrade To Their Turtle Beach Corporation (NASDAQ:HEAR) Forecasts
Mar 15
Earnings Update: Turtle Beach Corporation (NASDAQ:HEAR) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 11Continuing To Avoid Turtle Beach
Oct 10Turtle Beach: Get Out While You Still Can
Sep 12Turtle Beach: Take A Listen To This Value
Jun 30Financial Position Analysis
Short Term Liabilities: HEAR's short term assets ($124.9M) exceed its short term liabilities ($56.3M).
Long Term Liabilities: HEAR's short term assets ($124.9M) exceed its long term liabilities ($8.6M).
Debt to Equity History and Analysis
Debt Level: HEAR is debt free.
Reducing Debt: HEAR has no debt compared to 5 years ago when its debt to equity ratio was 82.4%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable HEAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: HEAR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 22.6% per year.