Turtle Beach Debt-to-Equity Ratio Growth & History (TBCH)
Turtle Beach's debt-to-equity ratio was 0.48 for fiscal 2025.
View full Turtle Beach company overviewTurtle Beach annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.48 | 0.01 | +2.10% |
| 2024 | 2024-12-31 | 0.47 | 0.38 | +420.30% |
| 2023 | 2023-12-31 | 0.09 | −0.01 | −6.03% |
| 2022 | 2022-12-31 | 0.10 | 0.04 | +76.22% |
| 2021 | 2021-12-31 | 0.05 | −0.01 | −17.66% |
| 2020 | 2020-12-31 | 0.07 | 0.04 | +125.35% |
| 2019 | 2019-12-31 | 0.03 | 0.03 | — |
| 2018 | 2018-12-31 | 0.00 | — | — |
| 2015 | 2015-12-31 | 0.49 | 0.44 | +1005.40% |
| 2014 | 2014-12-31 | 0.04 | — | — |
| 2013 · Sep 30 | 2013-09-30 | 0.04 | 0.04 | — |
| 2012 · Dec 31 | 2012-12-31 | 0.00 | — | — |
| 2012 · Sep 30 | 2012-09-30 | 0.00 | — | — |
Turtle Beach quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.00 | 0.64 | +179.97% |
| Q1 2026 | 2026-03-31 | 0.47 | 0.09 | +22.03% |
| Q4 2025 | 2025-12-31 | 0.48 | 0.01 | +2.10% |
| Q3 2025 | 2025-09-30 | 0.51 | −0.03 | −4.94% |
| Q2 2025 | 2025-06-30 | 0.36 | −0.17 | −32.39% |
| Q1 2025 | 2025-03-31 | 0.39 | −0.06 | −13.54% |
| Q4 2024 | 2024-12-31 | 0.47 | 0.38 | +420.30% |
| Q3 2024 | 2024-09-30 | 0.54 | 0.43 | +400.01% |
| Q2 2024 | 2024-06-30 | 0.53 | 0.42 | +377.97% |
| Q1 2024 | 2024-03-31 | 0.45 | 0.35 | +353.30% |
| Q4 2023 | 2023-12-31 | 0.09 | −0.01 | −6.03% |
| Q3 2023 | 2023-09-30 | 0.11 | 0.04 | +51.87% |
| Q2 2023 | 2023-06-30 | 0.11 | 0.04 | +61.18% |
| Q1 2023 | 2023-03-31 | 0.10 | 0.04 | +58.38% |
| Q4 2022 | 2022-12-31 | 0.10 | 0.04 | +76.22% |
| Q3 2022 | 2022-09-30 | 0.07 | 0.01 | +16.84% |
| Q2 2022 | 2022-06-30 | 0.07 | 0.03 | +63.44% |
| Q1 2022 | 2022-03-31 | 0.06 | 0.02 | +36.91% |
| Q4 2021 | 2021-12-31 | 0.05 | −0.01 | −17.66% |
| Q3 2021 | 2021-09-30 | 0.06 | 0.00 | +7.28% |
| Q2 2021 | 2021-06-30 | 0.04 | 0.02 | +97.40% |
| Q1 2021 | 2021-03-31 | 0.05 | 0.02 | +68.78% |
| Q4 2020 | 2020-12-31 | 0.07 | 0.04 | +125.35% |
| Q3 2020 | 2020-09-30 | 0.06 | −0.02 | −22.12% |
| Q2 2020 | 2020-06-30 | 0.02 | −0.05 | −71.49% |
| Q1 2020 | 2020-03-31 | 0.03 | −0.04 | −60.58% |
| Q4 2019 | 2019-12-31 | 0.03 | 0.03 | — |
| Q3 2019 | 2019-09-30 | 0.07 | −2.00 | −96.48% |
| Q2 2019 | 2019-06-30 | 0.07 | — | — |
| Q1 2019 | 2019-03-31 | 0.07 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
| Q3 2018 | 2018-09-30 | 2.08 | — | — |
| Q2 2016 | 2016-06-30 | 2.58 | 2.44 | +1699.81% |
| Q1 2016 | 2016-03-31 | 0.52 | 0.48 | +1140.67% |
| Q4 2015 | 2015-12-31 | 0.49 | 0.44 | +1005.40% |
| Q3 2015 | 2015-09-30 | 0.13 | 0.13 | — |
| Q2 2015 | 2015-06-30 | 0.14 | 0.14 | — |
| Q1 2015 | 2015-03-31 | 0.04 | 0.04 | +3695.48% |
| Q4 2014 | 2014-12-31 | 0.04 | — | — |
| Q3 2014 | 2014-09-30 | 0.00 | −0.04 | — |
| Q2 2014 | 2014-06-30 | 0.00 | −0.03 | — |
| Q1 2014 | 2014-03-31 | 0.00 | −0.03 | −95.92% |
| Q4 2013 · Sep 30 | 2013-09-30 | 0.04 | 0.04 | — |
| Q2 2013 | 2013-06-30 | 0.03 | — | — |
| Q1 2013 | 2013-03-31 | 0.03 | — | — |
| Q4 2012 · Dec 31 | 2012-12-31 | 0.00 | — | — |
| Q4 2012 · Sep 30 | 2012-09-30 | 0.00 | — | — |
Turtle Beach debt-to-equity ratio trends
Over the last five fiscal years, Turtle Beach's debt-to-equity ratio increased from 0.07 to 0.48, a change of 0.42. The latest reported quarter, Q2 2026, shows 1.00.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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