Time Finance (LSE:TIME) Cash per Share : £0.01 (As of Nov. 2023)

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What is Time Finance Cash per Share?

Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Time Finance's Cash per Share for the quarter that ended in Nov. 2023 was £0.01.

Time Finance Cash per Share Historical Data

The historical data trend for Time Finance's Cash per Share 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.

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Time Finance Cash per Share Chart

Time Finance Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash per Share

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0.02

0.09

0.03

0.04

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
Cash per Share	Get a 7-Day Free Trial															0.06	0.03	0.04	0.04	0.01

Time Finance Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Time Finance's Cash per Share for the fiscal year that ended in May. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	3.772	/	92.51
	=	0.04

Time Finance's Cash per Share for the quarter that ended in Nov. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	1.075	/	92.51
	=	0.01

Time Finance (LSE:TIME) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Time Finance Cash per Share Related Terms

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Time Finance (LSE:TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Time Finance PLC (LSE:TIME) » Definitions » Cash per Share

Comparable Companies

Traded in Other Exchanges

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Address

The Square, Lower Bristol Road, St James House, Bath, GBR, BA2 3BH

Website

https://www.timefinance.com

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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