When doing fundamental quantitative Analysis (Common Size, Ratios) of companies i used two data sources (Balance Sheet, P&L, Cash Flow statements) so far.
MorningStar.in: (I am using the free services)
Data is very descriptive and detailed (like Assets, liabilities, Equity, detailed Cash Flow). Its very much similar to how
its mentioned in the Annual Reports.
I Observed that latest 2 years data (2017, 2018) is not accurate. The previous 8 years it’s accurate.
Latest data is accurate.
We can create our own template and get the analysis in one go (FCF, COGS etc we need to calculate later).
Latest data is accurate
The data is not descriptive. Like for example the balance sheet data sheet is not like the ones in the Annual Report. So
to calculate ratios i end up taking data from MorningStar (Net Fixed Assets, Current Liabilities etc). Even the
Cash Flow data is not descriptive (for FCF calculation).
Do you people have suggestions on data sources? Even if its a Paid data source please give details/Suggestions.
Ravi Krishna Yendru