Monday, May 8, 2017

New Cash Flow data

We've added a number of new fields to our dataset:
  • Cash from operating activities
  • Cash from investing activities
  • Cash from financing activities
  • Cash change during period
  • Cash at end of period
  • Capital expenditures
This data from Cash Flow statements unlocks new types of analysis that you can perform on the 700+ companies we currently cover.

For example, we added charts showing the Free Cash Flow over time for each company. FCF indicates how much cash a company generates from operations, above and beyond what is required to maintain or expand its productive assets. This cash can be returned to investors, or spent by management, e.g. on growing the company through an acquisition. If FCF is consistently negative for a profitable asset-heavy business, this may be a warning sign that depreciation does not adequately represent the true cost of replacing its productive assets as they age, which should be investigated.

Have fun with the new data, and, as always, let us know how we can improve.