Fundamental Data – Balance Sheet, Income Statement and Cashflow
What Is Fundamental Data?
Fundamental data refers to economic metrics of a company that come from the official annual financial statements. They form the basis of every fundamental analysis. The three central components are:
- Balance sheet: Snapshot of assets, liabilities and equity
- Income statement: Revenue, costs, result
- Cashflow statement: Actual payment flows
The Balance Sheet
The balance sheet shows, as of a specific date, what a company owns (assets) and how it is financed (liabilities). Important items for stock analysis:
| Equity | Basis for equity ratio and P/B ratio |
| Equity Ratio (EKQ) | Equity / total capital |
| Book value per share | Equity / number of shares |
| Long-term liabilities | Debt ratio |
The Income Statement
The income statement shows the process of generating results: from revenue through various cost items to the annual result.
| Revenue | Basis for P/S ratio |
| EBIT | Earnings before interest and taxes |
| Net income / EPS | Basis for P/E ratio |
| Dividend per share | Basis for dividend yield |
The Cashflow Statement
Cashflow shows where money comes from and what it's used for. Unlike the income statement, cashflow cannot be distorted through accounting structuring and is therefore considered a particularly reliable data basis.
| Operating cashflow | From ongoing business operations |
| Investing cashflow | Purchases/sales of fixed assets (CapEx) |
| Free cashflow | Operating CF minus CapEx |
Reporting Standards
Fundamental data is prepared according to different accounting standards: IFRS (international, Europe), US-GAAP (USA), or HGB (Germany). In the USA, data is prepared according to US-GAAP, in all other countries according to IFRS. Finanzoo processes data from both standards and presents it in a comparable way.
Where Does Finanzoo Get Its Data From?
Finanzoo obtains company balance sheets and annual reports predominantly directly from financial regulatory authorities. All raw data then goes through an automatic quality check and is additionally manually reviewed individually – ensuring high data quality.
Finanzoo ensures that all data used is always up to date in all relevant calculations (EOD – closing prices from the previous trading day).
Quality of Fundamental Raw Data
Raw data is the most important source of all information provided on Finanzoo. Therefore, Finanzoo places the highest priority on the selection and control of all data and sets the highest standards for all data providers. This way, users benefit from the pre-selection of data and the ongoing monitoring of all datasets.
Historical Fundamental Data
Fundamental data is especially valuable when it reaches far into the past and enables reliable forecasts for the future. For this reason, Finanzoo tries to trace back all used data as far as possible, in order to provide the largest possible data pool over the years. Data is only used when it is also demonstrably correct.
Fundamental Data API
Finanzoo's Fundamentals API makes it possible to access almost all stock fundamental data automatically. Ideal for developers who are building their own applications and need access to specific financial data – simply and without hassle. A Finanzoo premium account is required.