Time Finance (LON:TIME) Releases Earnings Results

Time Finance (LON:TIME) issued its earnings results on Tuesday. The company reported GBX 3.47 EPS for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.84% and a net margin of 13.43%.

Time Finance Stock Performance

LON TIME opened at GBX 52.30 on Thursday. Time Finance has a twelve month low of GBX 43.25 and a twelve month high of GBX 66. The company has a quick ratio of 2.26, a current ratio of 1.38 and a debt-to-equity ratio of 2.82. The stock has a market cap of £47.95 million, a P/E ratio of 8.25 and a beta of 1.69. The company’s 50-day simple moving average is GBX 51.31 and its 200 day simple moving average is GBX 52.67.

About Time Finance

Time Finance’s purpose is to help UK businesses thrive and survive through the provision of flexible funding facilities.

Time offers a multi-product range for SMEs concentrating on Asset, Loan and Invoice Finance. While focused on being an ‘own-book’ lender, Time does retain the ability to broke-on deals where appropriate, enabling it to optimize business levels through market and economic cycles.

Operating from four locations across the UK – Bath, Birchwood, Manchester and Reading – Time has a lending book of over £200m and helps thousands of UK businesses.

More investor specific information is available on the Company’s investor hub – investors.timefinance.com – with more general information to be found on the Company’s main website: www.timefinance.com.