Watch how these ratios change after the full-year results We’ve deliberated, cogitated and digested but, unlike Lloyd Grossman (presenter of the 1990s iteration of TV’s MasterChef), not concluded: analysing companies is more of a movable feast. Having dived into the drivers of Rolls-Royce’s (RR.) spectacular operational and share price performance, the ongoing task is staying abreast of
According to the World Intellectual Property Organisation (WIPO), a UN agency, intangibles comprised around 90 per cent of the market value of S&P 500 companies in 2020. How so? Per the report on which it is based, to get to 90 per cent, you simply subtract a company’s net tangible assets (that is, total assets
Gross lending book up 11 per cent to record £209mn Net tangible asset value up 14 per cent to £41.5mn (45p) First half pre-tax profit rises 44 per cent to £3.9mn Forward PE ratio of 10 and 1.2 times net tangible asset value Potential for another earnings upgrade A trading update from Bath-based Time Finance (TIME: 61.5p)