Turtle Beach (TBCH) Balance Sheet: Assets & Liabilities

Turtle Beach (TBCH) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Turtle Beach reported total assets of $269.05M and total liabilities of $140.56M. Shareholders' equity was $128.50M, up 6.5% from $120.60M a year earlier. Total debt stood at $75.72M against $16.96M in cash and short-term investments, a net debt position of $58.76M. That puts debt-to-equity at 0.59, compared with 0.80 a year earlier.

Turtle Beach Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Turtle Beach Corporation (TBCH) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Current Assets
Cash and Cash Equivalents	16.96	13.00	18.73	11.40	37.72	46.68	8.25	7.08
Cash & Short-Term Investments	16.96	13.00	18.73	11.40	37.72	46.68	8.25	7.08
Accounts Receivable	76.80	93.12	54.39	43.34	35.95	43.87	44.53	52.80
Inventory	69.22	71.25	44.02	71.25	101.93	71.30	45.71	49.47
Other Current Assets	10.83	11.01	7.72	9.20	17.51	8.13	8.11	8.94
Total Current Assets	173.81	188.37	124.86	135.18	193.11	169.98	102.55	113.82
Non-Current Assets
Property, Plant & Equipment (Net)	3.00	5.84	4.82	6.36	6.96	6.58	3.96	5.86
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.19
Goodwill	50.43	52.94	10.69	10.69	10.69	8.18	8.52	0.00
Intangible Assets	34.34	42.40	1.73	2.61	5.79	5.14	6.01	1.04
Other Non-Current Assets	7.47	9.31	7.87	8.55	8.07	6.64	2.88	1.21
Total Non-Current Assets	95.24	110.49	25.11	28.21	37.39	33.48	28.80	8.10
Total Assets	269.05	298.86	149.97	163.39	230.51	203.45	131.35	121.92
Current Liabilities
Accounts Payable	24.93	34.84	26.91	19.85	40.48	42.53	22.51	17.72
Short-Term Debt	29.38	50.66	0.00	19.05	0.00	0.00	15.66	37.39
Current Portion of Long-Term Debt	8.57	1.25	-	-	-	-	-	-
Accrued Liabilities	20.87	31.05	24.22	21.27	34.23	29.34	-	-
Other Current Liabilities	24.79	29.24	29.42	21.27	34.23	30.38	23.92	18.49
Total Current Liabilities	87.68	123.67	56.33	64.33	78.17	78.65	64.59	73.60
Non-Current Liabilities
Long-Term Debt	46.34	45.62	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	0.13	0.15	0.19
Other Non-Current Liabilities	6.54	7.60	8.56	8.04	10.97	8.28	3.22	10.64
Total Non-Current Liabilities	52.88	54.59	8.56	10.11	10.97	8.40	3.38	10.83
Total Liabilities	140.56	178.26	64.89	74.45	89.14	87.05	67.96	84.42
Stockholders' Equity
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01
Retained Earnings	-102.36	-118.09	-134.28	-116.60	-57.05	-74.77	-113.52	-131.46
Accumulated Other Comprehensive Income	1.65	-1.31	-0.85	-1.39	0.13	0.59	0.12	-0.48
Additional Paid-in Capital	229.19	239.98	220.19	206.92	198.28	190.57	176.78	169.42
Shares Outstanding	19.19	19.96	17.53	16.57	16.17	-	-	-
Total Stockholders' Equity	128.50	120.60	85.08	88.94	141.37	116.40	63.39	37.50
Total Liabilities & Equity	269.05	298.86	149.97	163.39	230.51	203.45	131.35	121.92

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Turtle Beach Balance Sheet

How much debt does Turtle Beach have?

Turtle Beach had total debt of $75.72M as of Dec 31, 2025, against $16.96M in cash and short-term investments. Its debt-to-equity ratio was 0.59. Total debt was $96.28M a year earlier.

What are Turtle Beach's total assets?

Turtle Beach reported total assets of $269.05M as of Dec 31, 2025, down 10.0% from $298.86M a year earlier. Total liabilities were $140.56M.

What is Turtle Beach's shareholders' equity?

Turtle Beach's shareholders' equity was $128.50M as of Dec 31, 2025, or about $6.70 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition