Time Finance plc

LSE TIME.L

Time Finance plc Return on Assets (ROA) for the year ending May 31, 2024: 2.12%

Time Finance plc Return on Assets (ROA) is 2.12% for the year ending May 31, 2024, a 12.91% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Time Finance plc Return on Assets (ROA) for the year ending May 31, 2023 was 1.88%, a 212.37% change year over year.
Time Finance plc Return on Assets (ROA) for the year ending May 31, 2022 was 0.60%, a -53.42% change year over year.
Time Finance plc Return on Assets (ROA) for the year ending May 31, 2021 was 1.29%, a 14.94% change year over year.
Time Finance plc Return on Assets (ROA) for the year ending May 31, 2020 was 1.12%, a -72.14% change year over year.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

LSE: TIME.L

Time Finance plc

CEO	Mr. Edward J. Rimmer
IPO Date	Aug. 2, 2006
Location	United Kingdom
Headquarters	St James House, The Square
Employees	150
Sector	Finance
Industries Banking & Lending Credit Cards & Payments Fintech Insurance Investment Banking & Asset Management Venture Capital

Description

Time Finance plc, together with its subsidiaries, provides financial products and services to consumers and businesses in the United Kingdom. It operates through four segments: Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. The company offers vendor finance, hire purchase, finance leasing, asset-based lending, and invoice finance; business loans comprising unsecured, secured, and VAT loans; property finance, including second charge mortgages, bridging loans, and specialist but-to-let loans; coronavirus business interruption loans; recovery loan schemes; and vehicle finance solutions. The company was formerly known as 1pm plc and changed its name to Time Finance plc in December 2020. Time Finance plc was founded in 2000 and is based in Bath, the United Kingdom.

Key trends

Past 5 years