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Time Finance (LSE:TIME) Pretax Margin % : 17.56% (As of Nov. 2023)


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What is Time Finance Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Time Finance's Pre-Tax Income for the six months ended in Nov. 2023 was £2.75 Mil. Time Finance's Revenue for the six months ended in Nov. 2023 was £15.65 Mil. Therefore, Time Finance's pretax margin for the quarter that ended in Nov. 2023 was 17.56%.

The historical rank and industry rank for Time Finance's Pretax Margin % or its related term are showing as below:

LSE:TIME' s Pretax Margin % Range Over the Past 10 Years
Min: 6.25   Med: 24.42   Max: 31.98
Current: 16.5


LSE:TIME's Pretax Margin % is ranked worse than
56.19% of 525 companies
in the Credit Services industry
Industry Median: 20.55 vs LSE:TIME: 16.50

Time Finance Pretax Margin % Historical Data

The historical data trend for Time Finance's Pretax Margin % 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 Pretax Margin % Chart

Time Finance Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.76 6.95 8.49 6.25 15.13

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
Pretax Margin % 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 10.20 1.93 14.94 15.30 17.56

Competitive Comparison of Time Finance's Pretax Margin %

For the Credit Services subindustry, Time Finance's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Time Finance's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Time Finance's Pretax Margin % falls into.



Time Finance Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Time Finance's Pretax Margin for the fiscal year that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=4.079/26.968
=15.13 %

Time Finance's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=2.749/15.652
=17.56 %

* 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.


Time Finance  (LSE:TIME) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Time Finance Pretax Margin % Related Terms

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Time Finance (LSE:TIME) Business Description

Traded in Other Exchanges
N/A
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 (LSE:TIME) Headlines

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