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Time Finance (FRA:B5D1) Gross-Profit-to-Asset % : 9.62% (As of Nov. 2023)


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What is Time Finance Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Time Finance's annualized Gross Profit for the quarter that ended in Nov. 2023 was €20.77 Mil. Time Finance's average Total Assets over the quarter that ended in Nov. 2023 was €215.93 Mil. Therefore, Time Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was 9.62%.


Time Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Time Finance's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Time Finance Gross-Profit-to-Asset % Chart

Time Finance Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.68 10.52 10.59 10.00 9.27

Time Finance Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.92 9.30 9.62 8.90 9.62

Competitive Comparison of Time Finance's Gross-Profit-to-Asset %

For the Credit Services subindustry, Time Finance's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Time Finance's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Time Finance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Time Finance's Gross-Profit-to-Asset % falls into.



Time Finance Gross-Profit-to-Asset % Calculation

Time Finance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in May. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: May. 2023 )/( (Total Assets (A: May. 2022 )+Total Assets (A: May. 2023 ))/ count )
=18.143/( (180.391+210.98)/ 2 )
=18.143/195.6855
=9.27 %

Time Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=20.768/( (210.98+220.872)/ 2 )
=20.768/215.926
=9.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Time Finance Gross-Profit-to-Asset % Related Terms

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Time Finance (FRA:B5D1) Business Description

Traded in Other Exchanges
Address
The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH
Time Finance PLC is a part of the financial services domain in the United Kingdom. The company's principal business involves the provision of financial services to SMEs (small and medium sized enterprises) in the United Kingdom. The company operates in Asset Finance, Vehicle Finance, Loan Finance, and Invoice Finance. It generates most of the revenue from the Asset Finance division.

Time Finance (FRA:B5D1) Headlines

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