Time Finance PLC (TIME) - Net Assets
Based on the latest financial reports, Time Finance PLC (TIME) has net assets worth GBX74.95 Million GBX (≈ $9.12K USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX244.96 Million ≈ $29.80K USD) and total liabilities (GBX170.01 Million ≈ $20.69K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of Time Finance PLC to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX74.95 Million |
| % of Total Assets | 30.6% |
| Annual Growth Rate | 28.11% |
| 5-Year Change | 25.65% |
| 10-Year Change | 200.43% |
| Growth Volatility | 31.36 |
Time Finance PLC - Net Assets Trend (2007–2025)
This chart illustrates how Time Finance PLC's net assets have evolved over time, based on quarterly financial data. See TIME days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Time Finance PLC (2007–2025)
The table below shows the annual net assets of Time Finance PLC from 2007 to 2025. For live valuation and market cap data, see market value of Time Finance PLC.
| Year | Net Assets | Change |
|---|---|---|
| 2025-05-31 | GBX71.77 Million ≈ $8.73K |
+8.52% |
| 2024-05-31 | GBX66.14 Million ≈ $8.05K |
+7.23% |
| 2023-05-31 | GBX61.67 Million ≈ $7.50K |
+6.24% |
| 2022-05-31 | GBX58.05 Million ≈ $7.06K |
+1.64% |
| 2021-05-31 | GBX57.12 Million ≈ $6.95K |
+3.43% |
| 2020-05-31 | GBX55.22 Million ≈ $6.72K |
+2.68% |
| 2019-05-31 | GBX53.78 Million ≈ $6.54K |
+12.80% |
| 2018-05-31 | GBX47.68 Million ≈ $5.80K |
+67.24% |
| 2017-05-31 | GBX28.51 Million ≈ $3.47K |
+19.34% |
| 2016-05-31 | GBX23.89 Million ≈ $2.91K |
+93.15% |
| 2015-05-31 | GBX12.37 Million ≈ $1.50K |
+76.48% |
| 2014-05-31 | GBX7.01 Million ≈ $852.67 |
+53.56% |
| 2013-05-31 | GBX4.56 Million ≈ $555.29 |
+15.25% |
| 2012-05-31 | GBX3.96 Million ≈ $481.82 |
+12.12% |
| 2011-05-31 | GBX3.53 Million ≈ $429.74 |
+7.29% |
| 2010-05-31 | GBX3.29 Million ≈ $400.54 |
+27.20% |
| 2009-05-31 | GBX2.59 Million ≈ $314.88 |
+71.39% |
| 2008-05-31 | GBX1.51 Million ≈ $183.72 |
+81.71% |
| 2007-05-31 | GBX831.00K ≈ $101.11 |
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Equity Component Analysis
This analysis shows how different components contribute to Time Finance PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3786500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX37.73 Million | 52.56% |
| Common Stock | GBX9.25 Million | 12.89% |
| Other Comprehensive Income | GBX315.00K | 0.44% |
| Other Components | GBX24.48 Million | 34.11% |
| Total Equity | GBX71.77 Million | 100.00% |
Time Finance PLC Competitors by Market Cap
The table below lists competitors of Time Finance PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Revolution Beauty Group PLC
LSE:REVB
|
$535.45K |
|
DETALION GAMES SA ZY -10
F:9XJ
|
$536.59K |
|
Yuilrobotics Co. Ltd.
KQ:388720
|
$539.15K |
|
Waverley Pharma Inc
V:WAVE
|
$540.00K |
|
CML Microsystems Plc
LSE:CML
|
$535.41K |
|
Sacks Parente Golf, Inc. Common Stock
NASDAQ:SPGC
|
$534.93K |
|
Steppe Cement
LSE:STCM
|
$532.92K |
|
J Smart Co Contractors PLC
LSE:SMJ
|
$531.41K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Time Finance PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 66,135,000 to 71,770,000, a change of 5,635,000 (8.5%).
- Net income of 5,862,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 23,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX5.86 Million | +8.17% |
| Other Comprehensive Income | GBX23.00K | +0.03% |
| Other Changes | GBX-250.00K | -0.35% |
| Total Change | GBX- | 8.52% |
Book Value vs Market Value Analysis
This analysis compares Time Finance PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 61.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 52.47x to 61.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-05-31 | GBX0.91 | GBX48.00 | x |
| 2008-05-31 | GBX0.69 | GBX48.00 | x |
| 2009-05-31 | GBX0.54 | GBX48.00 | x |
| 2010-05-31 | GBX0.25 | GBX48.00 | x |
| 2011-05-31 | GBX0.16 | GBX48.00 | x |
| 2012-05-31 | GBX0.17 | GBX48.00 | x |
| 2013-05-31 | GBX0.20 | GBX48.00 | x |
| 2014-05-31 | GBX0.24 | GBX48.00 | x |
| 2015-05-31 | GBX0.36 | GBX48.00 | x |
| 2016-05-31 | GBX0.46 | GBX48.00 | x |
| 2017-05-31 | GBX0.49 | GBX48.00 | x |
| 2018-05-31 | GBX0.48 | GBX48.00 | x |
| 2019-05-31 | GBX0.56 | GBX48.00 | x |
| 2020-05-31 | GBX0.62 | GBX48.00 | x |
| 2021-05-31 | GBX0.62 | GBX48.00 | x |
| 2022-05-31 | GBX0.63 | GBX48.00 | x |
| 2023-05-31 | GBX0.68 | GBX48.00 | x |
| 2024-05-31 | GBX0.71 | GBX48.00 | x |
| 2025-05-31 | GBX0.78 | GBX48.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Time Finance PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.79%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.21x
- Recent ROE (8.17%) is above the historical average (5.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -16.85% | -16.06% | 0.30x | 3.46x | GBX-223.10K |
| 2008 | 3.77% | 7.08% | 0.18x | 3.04x | GBX-94.00K |
| 2009 | 0.12% | 0.22% | 0.19x | 2.81x | GBX-255.80K |
| 2010 | -10.27% | -25.38% | 0.19x | 2.14x | GBX-667.20K |
| 2011 | 4.36% | 8.08% | 0.20x | 2.67x | GBX-199.20K |
| 2012 | 8.79% | 15.06% | 0.23x | 2.57x | GBX-48.00K |
| 2013 | 13.21% | 19.41% | 0.24x | 2.84x | GBX146.69K |
| 2014 | 14.97% | 25.07% | 0.24x | 2.48x | GBX348.40K |
| 2015 | 10.27% | 23.05% | 0.22x | 2.04x | GBX33.81K |
| 2016 | 12.00% | 22.96% | 0.18x | 2.88x | GBX477.10K |
| 2017 | 11.53% | 19.49% | 0.18x | 3.27x | GBX435.00K |
| 2018 | 13.43% | 21.46% | 0.19x | 3.33x | GBX1.63 Million |
| 2019 | 11.81% | 20.10% | 0.20x | 2.93x | GBX974.00K |
| 2020 | 2.82% | 5.35% | 0.21x | 2.51x | GBX-3.97 Million |
| 2021 | 3.11% | 8.02% | 0.16x | 2.41x | GBX-3.93 Million |
| 2022 | 1.59% | 4.10% | 0.15x | 2.64x | GBX-4.88 Million |
| 2023 | 5.59% | 12.78% | 0.15x | 2.98x | GBX-2.72 Million |
| 2024 | 6.72% | 13.37% | 0.16x | 3.17x | GBX-2.17 Million |
| 2025 | 8.17% | 15.79% | 0.16x | 3.21x | GBX-1.31 Million |
Industry Comparison
This section compares Time Finance PLC's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,421,159,308
- Average return on equity (ROE) among peers: -33.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Time Finance PLC (TIME) | GBX74.95 Million | -16.85% | 2.27x | $535.43K |
| Amigo Holdings PLC (AMGO) | $12.60 Million | -276.23% | 16.39x | $355.08K |
| ASA International Group PLC (ASAI) | $96.49 Million | 30.31% | 4.89x | $2.80 Million |
| Distribution Finance Capital Holdings PLC (DFCH) | $127.61 Million | 11.88% | 6.84x | $1.13 Million |
| Funding Circle Holdings PLC (FCH) | $4.92 Million | -83.15% | 0.67x | $5.09 Million |
| General Accident PLC (GACA) | $13.94 Billion | 0.99% | 0.00x | $374.75 Million |
| H&T Group plc (HAT) | $35.75 Million | 19.91% | 1.27x | $3.44 Million |
| International Personal Finance PLC (IPF) | $39.76 Billion | 0.00% | 15.47x | $6.63 Million |
| Sancus Lending Group Ltd (LEND) | $29.49 Million | -49.22% | 2.49x | $83.56K |
| Litigation Capital Management Limited (LIT) | $188.94 Million | 6.73% | 2.13x | $25.86K |
| Orchard Funding Group PLC (ORCH) | $15.80 Million | 5.31% | 1.05x | $150.69K |
About Time Finance PLC
Time Finance plc, together with its subsidiaries, provides financial products and services to consumers and businesses in the United Kingdom. The company operates through Asset Finance and Invoice Finance segments. It also offers finance solution, such as loans, vehicle finance, and multi-product solutions. The company was formerly known as 1pm plc and changed its name to Time Finance plc in Dece… Read more