Time Finance (LON:TIME) Issues Quarterly Earnings Results

Time Finance (LON:TIME) issued its quarterly earnings data on Tuesday. The company reported GBX 3.24 ($0.04) EPS for the quarter, Digital Look Earnings reports. Time Finance had a return on equity of 6.95% and a net margin of 13.43%.

Time Finance Price Performance

LON:TIME opened at GBX 63 ($0.78) on Tuesday. Time Finance has a 52 week low of GBX 35.50 ($0.44) and a 52 week high of GBX 66.89 ($0.83). The firm’s 50-day simple moving average is GBX 60.84 and its 200 day simple moving average is GBX 56.61. The firm has a market cap of £57.61 million, a price-to-earnings ratio of 1,260.00 and a beta of 1.69. The company has a debt-to-equity ratio of 2.82, a quick ratio of 2.26 and a current ratio of 2.25.

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.