Turtle Non Current Assets Total vs Total Stockholder Equity Analysis
| TBCH Stock | 12.15 0.83 7.33% |
Turtle Beach financial indicator trend analysis is much more than just breaking down Turtle Beach prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Turtle Beach is a good investment. Please check the relationship between Turtle Beach Non Current Assets Total and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.
Non Current Assets Total vs Total Stockholder Equity
Non Current Assets Total vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Turtle Beach Non Current Assets Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Turtle Beach's Non Current Assets Total and Total Stockholder Equity is -0.16. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Turtle Beach, assuming nothing else is changed. The correlation between historical values of Turtle Beach's Non Current Assets Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Turtle Beach are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Assets Total i.e., Turtle Beach's Non Current Assets Total and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.16 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Turtle Beach's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Turtle Beach current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.As of now, Turtle Beach's Sales General And Administrative To Revenue is increasing as compared to previous years. The Turtle Beach's current Enterprise Value Over EBITDA is estimated to increase to 14.98, while Selling General Administrative is projected to decrease to under 26.2 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Total Revenue | 240.2M | 258.1M | 372.8M | 391.4M | Depreciation And Amortization | 5.8M | 4.8M | 11.4M | 12.0M |
Turtle Beach fundamental ratios Correlations
Click cells to compare fundamentals
Turtle Beach Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Turtle Beach fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Common Stock Shares Outstanding | 16.4M | 18.3M | 16.5M | 17.1M | 20.8M | 11.6M |
Currently Active Assets on Macroaxis
| IGIB | iShares 5 10 Year | |
| SPTL | SPDR Barclays Long | |
| SCHH | Schwab REIT ETF | |
| SPMB | SPDR Portfolio Mortgage | |
| SPTI | SPDR Portfolio Intermediate |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turtle Beach. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in Turtle Stock please use our How to Invest in Turtle Beach guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.31 | Revenue Per Share | Quarterly Revenue Growth 0.595 | Return On Assets | Return On Equity |
The market value of Turtle Beach is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.