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Create app.py
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app.py
ADDED
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| 1 |
+
import streamlit as st
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| 2 |
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import requests
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import pandas as pd
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import yfinance as yf
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from plotly.subplots import make_subplots
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import plotly.graph_objects as go
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# Global API key (hidden from users)
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API_KEY = os.getenv("FMP_API_KEY")
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# -------------------------------
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# Helper function to fetch JSON safely
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# -------------------------------
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def safe_get_json(url, log_list=None, dimension_label=""):
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try:
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| 17 |
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response = requests.get(url)
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data = response.json()
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| 19 |
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return data
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| 20 |
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except Exception:
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| 21 |
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msg = f"Unable to retrieve historical data for {dimension_label}."
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| 22 |
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if log_list is not None:
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| 23 |
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log_list.append(msg)
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else:
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st.error("An error occurred while retrieving historical data. Please try again later.")
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return None
|
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+
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+
# -------------------------------
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+
# Dimension Functions
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# -------------------------------
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def dimension_1_positive_roa(symbol, years_back=1, log_list=None):
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limit_needed = years_back + 1
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| 33 |
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income_url = (
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| 34 |
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f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
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| 35 |
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f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
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| 36 |
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)
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| 37 |
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balance_url = (
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| 38 |
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f"https://financialmodelingprep.com/api/v3/balance-sheet-statement/{symbol}"
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| 39 |
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f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
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| 40 |
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)
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| 41 |
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income_data = safe_get_json(income_url, log_list, "Dimension 1")
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| 42 |
+
balance_data = safe_get_json(balance_url, log_list, "Dimension 1")
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| 43 |
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if income_data is None or balance_data is None:
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| 44 |
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return []
|
| 45 |
+
if len(income_data) < limit_needed or len(balance_data) < limit_needed:
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| 46 |
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msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
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| 47 |
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if log_list is not None:
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| 48 |
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log_list.append(msg)
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| 49 |
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else:
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| 50 |
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st.error(msg)
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| 51 |
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return []
|
| 52 |
+
results = []
|
| 53 |
+
for i in range(years_back):
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| 54 |
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current_income = income_data[i]
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| 55 |
+
current_balance = balance_data[i]
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| 56 |
+
year_or_date = current_income.get("calendarYear") or current_income.get("date", f"N/A_{i}")
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| 57 |
+
net_income_current = current_income.get("netIncome", 0)
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| 58 |
+
ta_current = current_balance.get("totalAssets", 0)
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| 59 |
+
ta_previous = balance_data[i+1].get("totalAssets", 0) if i+1 < len(balance_data) else 0
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| 60 |
+
avg_assets = (ta_current + ta_previous) / 2 if ta_previous else 0
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| 61 |
+
roa_current = net_income_current / avg_assets if avg_assets else 0
|
| 62 |
+
score = 1 if roa_current > 0 else 0
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| 63 |
+
log_message = (
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| 64 |
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f"Dimension 1 (Positive ROA) | Year={year_or_date}: {score} => "
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| 65 |
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f"NetIncome={net_income_current}, AvgAssets={int(avg_assets)}, ROA={roa_current:.4f}"
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| 66 |
+
)
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| 67 |
+
if log_list is not None:
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| 68 |
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log_list.append(log_message)
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| 69 |
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results.append({"year": str(year_or_date), "score": score})
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| 70 |
+
return results
|
| 71 |
+
|
| 72 |
+
def dimension_2_positive_cfo(symbol, years_back=1, log_list=None):
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| 73 |
+
limit_needed = years_back
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| 74 |
+
cf_url = (
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| 75 |
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f"https://financialmodelingprep.com/api/v3/cash-flow-statement/{symbol}"
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| 76 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
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| 77 |
+
)
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| 78 |
+
cf_data = safe_get_json(cf_url, log_list, "Dimension 2")
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| 79 |
+
if cf_data is None:
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| 80 |
+
return []
|
| 81 |
+
if len(cf_data) < limit_needed:
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| 82 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
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| 83 |
+
if log_list is not None:
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| 84 |
+
log_list.append(msg)
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| 85 |
+
return []
|
| 86 |
+
results = []
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| 87 |
+
for i in range(years_back):
|
| 88 |
+
record = cf_data[i]
|
| 89 |
+
year_or_date = record.get("calendarYear") or record.get("date", f"N/A_{i}")
|
| 90 |
+
cfo_current = record.get("operatingCashFlow", 0)
|
| 91 |
+
score = 1 if cfo_current > 0 else 0
|
| 92 |
+
log_message = f"Dimension 2 (Positive CFO) | Year={year_or_date}: {score} => CFO={cfo_current}"
|
| 93 |
+
if log_list is not None:
|
| 94 |
+
log_list.append(log_message)
|
| 95 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 96 |
+
return results
|
| 97 |
+
|
| 98 |
+
def dimension_3_improved_roa(symbol, years_back=1, log_list=None):
|
| 99 |
+
limit_needed = years_back + 1
|
| 100 |
+
income_url = (
|
| 101 |
+
f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
|
| 102 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 103 |
+
)
|
| 104 |
+
balance_url = (
|
| 105 |
+
f"https://financialmodelingprep.com/api/v3/balance-sheet-statement/{symbol}"
|
| 106 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 107 |
+
)
|
| 108 |
+
income_data = safe_get_json(income_url, log_list, "Dimension 3")
|
| 109 |
+
balance_data = safe_get_json(balance_url, log_list, "Dimension 3")
|
| 110 |
+
if income_data is None or balance_data is None:
|
| 111 |
+
return []
|
| 112 |
+
if len(income_data) < limit_needed or len(balance_data) < limit_needed:
|
| 113 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 114 |
+
if log_list is not None:
|
| 115 |
+
log_list.append(msg)
|
| 116 |
+
return []
|
| 117 |
+
results = []
|
| 118 |
+
for i in range(years_back):
|
| 119 |
+
current_income = income_data[i]
|
| 120 |
+
current_balance = balance_data[i]
|
| 121 |
+
year_or_date = current_income.get("calendarYear") or current_income.get("date", f"N/A_{i}")
|
| 122 |
+
net_income_current = current_income.get("netIncome", 0)
|
| 123 |
+
ta_current = current_balance.get("totalAssets", 0)
|
| 124 |
+
if i+1 < len(income_data):
|
| 125 |
+
net_income_previous = income_data[i+1].get("netIncome", 0)
|
| 126 |
+
ta_previous = balance_data[i+1].get("totalAssets", 0)
|
| 127 |
+
else:
|
| 128 |
+
net_income_previous = 0
|
| 129 |
+
ta_previous = 0
|
| 130 |
+
avg_current = (ta_current + ta_previous) / 2 if ta_previous else 0
|
| 131 |
+
roa_current = net_income_current / avg_current if avg_current else 0
|
| 132 |
+
roa_previous = (net_income_previous / ta_previous) if ta_previous else 0
|
| 133 |
+
score = 1 if roa_current > roa_previous else 0
|
| 134 |
+
log_message = (
|
| 135 |
+
f"Dimension 3 (ROA Improvement) | Year={year_or_date}: {score} => "
|
| 136 |
+
f"ROA_current={roa_current:.4f}, ROA_previous={roa_previous:.4f}"
|
| 137 |
+
)
|
| 138 |
+
if log_list is not None:
|
| 139 |
+
log_list.append(log_message)
|
| 140 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 141 |
+
return results
|
| 142 |
+
|
| 143 |
+
def dimension_4_cfo_exceeds_net_income(symbol, years_back=1, log_list=None):
|
| 144 |
+
limit_needed = years_back
|
| 145 |
+
cf_url = (
|
| 146 |
+
f"https://financialmodelingprep.com/api/v3/cash-flow-statement/{symbol}"
|
| 147 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 148 |
+
)
|
| 149 |
+
income_url = (
|
| 150 |
+
f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
|
| 151 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 152 |
+
)
|
| 153 |
+
cf_data = safe_get_json(cf_url, log_list, "Dimension 4")
|
| 154 |
+
income_data = safe_get_json(income_url, log_list, "Dimension 4")
|
| 155 |
+
if cf_data is None or income_data is None:
|
| 156 |
+
return []
|
| 157 |
+
if len(cf_data) < limit_needed or len(income_data) < limit_needed:
|
| 158 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 159 |
+
if log_list is not None:
|
| 160 |
+
log_list.append(msg)
|
| 161 |
+
return []
|
| 162 |
+
results = []
|
| 163 |
+
for i in range(years_back):
|
| 164 |
+
c = cf_data[i]
|
| 165 |
+
inc = income_data[i]
|
| 166 |
+
year_or_date = c.get("calendarYear") or c.get("date", f"N/A_{i}")
|
| 167 |
+
cfo_current = c.get("operatingCashFlow", 0)
|
| 168 |
+
net_income_current = inc.get("netIncome", 0)
|
| 169 |
+
score = 1 if cfo_current > net_income_current else 0
|
| 170 |
+
log_message = (
|
| 171 |
+
f"Dimension 4 (CFO > Net Income) | Year={year_or_date}: {score} => "
|
| 172 |
+
f"CFO={cfo_current}, NetIncome={net_income_current}"
|
| 173 |
+
)
|
| 174 |
+
if log_list is not None:
|
| 175 |
+
log_list.append(log_message)
|
| 176 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 177 |
+
return results
|
| 178 |
+
|
| 179 |
+
def dimension_5_lower_leverage(symbol, years_back=1, log_list=None):
|
| 180 |
+
limit_needed = years_back + 1
|
| 181 |
+
bal_url = (
|
| 182 |
+
f"https://financialmodelingprep.com/api/v3/balance-sheet-statement/{symbol}"
|
| 183 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 184 |
+
)
|
| 185 |
+
balance_data = safe_get_json(bal_url, log_list, "Dimension 5")
|
| 186 |
+
if balance_data is None:
|
| 187 |
+
return []
|
| 188 |
+
if len(balance_data) < limit_needed:
|
| 189 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 190 |
+
if log_list is not None:
|
| 191 |
+
log_list.append(msg)
|
| 192 |
+
return []
|
| 193 |
+
results = []
|
| 194 |
+
for i in range(years_back):
|
| 195 |
+
current_bal = balance_data[i]
|
| 196 |
+
year_or_date = current_bal.get("calendarYear") or current_bal.get("date", f"N/A_{i}")
|
| 197 |
+
ltd_current = current_bal.get("longTermDebt", 0)
|
| 198 |
+
ta_current = current_bal.get("totalAssets", 0)
|
| 199 |
+
if i+1 < len(balance_data):
|
| 200 |
+
ltd_previous = balance_data[i+1].get("longTermDebt", 0)
|
| 201 |
+
ta_previous = balance_data[i+1].get("totalAssets", 0)
|
| 202 |
+
else:
|
| 203 |
+
ltd_previous = 0
|
| 204 |
+
ta_previous = 0
|
| 205 |
+
ratio_current = ltd_current / ta_current if ta_current else 0
|
| 206 |
+
ratio_previous = ltd_previous / ta_previous if ta_previous else 0
|
| 207 |
+
score = 1 if ratio_current < ratio_previous else 0
|
| 208 |
+
log_message = (
|
| 209 |
+
f"Dimension 5 (Lower Debt Ratio) | Year={year_or_date}: {score} => "
|
| 210 |
+
f"DebtRatio_current={ratio_current:.4f}, DebtRatio_previous={ratio_previous:.4f}"
|
| 211 |
+
)
|
| 212 |
+
if log_list is not None:
|
| 213 |
+
log_list.append(log_message)
|
| 214 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 215 |
+
return results
|
| 216 |
+
|
| 217 |
+
def dimension_6_higher_current_ratio(symbol, years_back=1, log_list=None):
|
| 218 |
+
limit_needed = years_back + 1
|
| 219 |
+
bal_url = (
|
| 220 |
+
f"https://financialmodelingprep.com/api/v3/balance-sheet-statement/{symbol}"
|
| 221 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 222 |
+
)
|
| 223 |
+
balance_data = safe_get_json(bal_url, log_list, "Dimension 6")
|
| 224 |
+
if balance_data is None:
|
| 225 |
+
return []
|
| 226 |
+
if len(balance_data) < limit_needed:
|
| 227 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 228 |
+
if log_list is not None:
|
| 229 |
+
log_list.append(msg)
|
| 230 |
+
return []
|
| 231 |
+
results = []
|
| 232 |
+
for i in range(years_back):
|
| 233 |
+
current_bal = balance_data[i]
|
| 234 |
+
year_or_date = current_bal.get("calendarYear") or current_bal.get("date", f"N/A_{i}")
|
| 235 |
+
ca_current = current_bal.get("totalCurrentAssets", 0)
|
| 236 |
+
cl_current = current_bal.get("totalCurrentLiabilities", 0)
|
| 237 |
+
cr_current = ca_current / cl_current if cl_current else 0
|
| 238 |
+
if i+1 < len(balance_data):
|
| 239 |
+
ca_previous = balance_data[i+1].get("totalCurrentAssets", 0)
|
| 240 |
+
cl_previous = balance_data[i+1].get("totalCurrentLiabilities", 0)
|
| 241 |
+
cr_previous = ca_previous / cl_previous if cl_previous else 0
|
| 242 |
+
else:
|
| 243 |
+
cr_previous = 0
|
| 244 |
+
score = 1 if cr_current > cr_previous else 0
|
| 245 |
+
log_message = (
|
| 246 |
+
f"Dimension 6 (Higher Current Ratio) | Year={year_or_date}: {score} => "
|
| 247 |
+
f"CR_current={cr_current:.4f}, CR_previous={cr_previous:.4f}"
|
| 248 |
+
)
|
| 249 |
+
if log_list is not None:
|
| 250 |
+
log_list.append(log_message)
|
| 251 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 252 |
+
return results
|
| 253 |
+
|
| 254 |
+
def dimension_7_no_new_shares(symbol, years_back=1, log_list=None):
|
| 255 |
+
limit_needed = years_back + 1
|
| 256 |
+
inc_url = (
|
| 257 |
+
f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
|
| 258 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 259 |
+
)
|
| 260 |
+
inc_data = safe_get_json(inc_url, log_list, "Dimension 7")
|
| 261 |
+
if inc_data is None:
|
| 262 |
+
return []
|
| 263 |
+
if len(inc_data) < limit_needed:
|
| 264 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 265 |
+
if log_list is not None:
|
| 266 |
+
log_list.append(msg)
|
| 267 |
+
return []
|
| 268 |
+
results = []
|
| 269 |
+
for i in range(years_back):
|
| 270 |
+
current_inc = inc_data[i]
|
| 271 |
+
year_or_date = current_inc.get("calendarYear") or current_inc.get("date", f"N/A_{i}")
|
| 272 |
+
shares_current = current_inc.get("weightedAverageShsOut", 0)
|
| 273 |
+
shares_previous = inc_data[i+1].get("weightedAverageShsOut", 0) if i+1 < len(inc_data) else 0
|
| 274 |
+
score = 1 if shares_current <= shares_previous else 0
|
| 275 |
+
log_message = (
|
| 276 |
+
f"Dimension 7 (No New Shares) | Year={year_or_date}: {score} => "
|
| 277 |
+
f"Shares_current={shares_current}, Shares_previous={shares_previous}"
|
| 278 |
+
)
|
| 279 |
+
if log_list is not None:
|
| 280 |
+
log_list.append(log_message)
|
| 281 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 282 |
+
return results
|
| 283 |
+
|
| 284 |
+
def dimension_8_improved_gross_margin(symbol, years_back=1, log_list=None):
|
| 285 |
+
limit_needed = years_back + 1
|
| 286 |
+
inc_url = (
|
| 287 |
+
f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
|
| 288 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 289 |
+
)
|
| 290 |
+
inc_data = safe_get_json(inc_url, log_list, "Dimension 8")
|
| 291 |
+
if inc_data is None:
|
| 292 |
+
return []
|
| 293 |
+
if len(inc_data) < limit_needed:
|
| 294 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 295 |
+
if log_list is not None:
|
| 296 |
+
log_list.append(msg)
|
| 297 |
+
return []
|
| 298 |
+
results = []
|
| 299 |
+
for i in range(years_back):
|
| 300 |
+
current_inc = inc_data[i]
|
| 301 |
+
year_or_date = current_inc.get("calendarYear") or current_inc.get("date", f"N/A_{i}")
|
| 302 |
+
rev_current = current_inc.get("revenue", 0)
|
| 303 |
+
gp_current = current_inc.get("grossProfit", 0)
|
| 304 |
+
gm_current = gp_current / rev_current if rev_current else 0
|
| 305 |
+
if i+1 < len(inc_data):
|
| 306 |
+
rev_previous = inc_data[i+1].get("revenue", 0)
|
| 307 |
+
gp_previous = inc_data[i+1].get("grossProfit", 0)
|
| 308 |
+
gm_previous = gp_previous / rev_previous if rev_previous else 0
|
| 309 |
+
else:
|
| 310 |
+
gm_previous = 0
|
| 311 |
+
score = 1 if gm_current > gm_previous else 0
|
| 312 |
+
log_message = (
|
| 313 |
+
f"Dimension 8 (Gross Margin Up) | Year={year_or_date}: {score} => "
|
| 314 |
+
f"GM_current={gm_current:.4f}, GM_previous={gm_previous:.4f}"
|
| 315 |
+
)
|
| 316 |
+
if log_list is not None:
|
| 317 |
+
log_list.append(log_message)
|
| 318 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 319 |
+
return results
|
| 320 |
+
|
| 321 |
+
def dimension_9_improved_ato(symbol, years_back=1, log_list=None):
|
| 322 |
+
limit_needed = years_back + 1
|
| 323 |
+
inc_url = (
|
| 324 |
+
f"https://financialmodelingprep.com/api/v3/income-statement/{symbol}"
|
| 325 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 326 |
+
)
|
| 327 |
+
bal_url = (
|
| 328 |
+
f"https://financialmodelingprep.com/api/v3/balance-sheet-statement/{symbol}"
|
| 329 |
+
f"?limit={limit_needed}&period=annual&apikey={API_KEY}"
|
| 330 |
+
)
|
| 331 |
+
inc_data = safe_get_json(inc_url, log_list, "Dimension 9")
|
| 332 |
+
bal_data = safe_get_json(bal_url, log_list, "Dimension 9")
|
| 333 |
+
if inc_data is None or bal_data is None:
|
| 334 |
+
return []
|
| 335 |
+
if len(inc_data) < limit_needed or len(bal_data) < limit_needed:
|
| 336 |
+
msg = f"Not enough historical data available to calculate the metric for {years_back} year(s)."
|
| 337 |
+
if log_list is not None:
|
| 338 |
+
log_list.append(msg)
|
| 339 |
+
return []
|
| 340 |
+
results = []
|
| 341 |
+
for i in range(years_back):
|
| 342 |
+
inc_current = inc_data[i]
|
| 343 |
+
bal_current = bal_data[i]
|
| 344 |
+
year_or_date = inc_current.get("calendarYear") or inc_current.get("date", f"N/A_{i}")
|
| 345 |
+
rev_current = inc_current.get("revenue", 0)
|
| 346 |
+
ta_current = bal_current.get("totalAssets", 0)
|
| 347 |
+
ta_prev_for_cur = bal_data[i+1].get("totalAssets", 0) if i+1 < len(bal_data) else 0
|
| 348 |
+
avg_assets_current = (ta_current + ta_prev_for_cur) / 2 if ta_prev_for_cur else 0
|
| 349 |
+
ato_current = rev_current / avg_assets_current if avg_assets_current else 0
|
| 350 |
+
if i+1 < len(inc_data) and i+2 < len(bal_data):
|
| 351 |
+
rev_previous = inc_data[i+1].get("revenue", 0)
|
| 352 |
+
ta_previous = bal_data[i+1].get("totalAssets", 0)
|
| 353 |
+
ato_previous = rev_previous / ta_previous if ta_previous else 0
|
| 354 |
+
else:
|
| 355 |
+
ato_previous = 0
|
| 356 |
+
score = 1 if ato_current > ato_previous else 0
|
| 357 |
+
log_message = (
|
| 358 |
+
f"Dimension 9 (Asset Turnover Up) | Year={year_or_date}: {score} => "
|
| 359 |
+
f"ATO_current={ato_current:.4f}, ATO_previous={ato_previous:.4f}"
|
| 360 |
+
)
|
| 361 |
+
if log_list is not None:
|
| 362 |
+
log_list.append(log_message)
|
| 363 |
+
results.append({"year": str(year_or_date), "score": score})
|
| 364 |
+
return results
|
| 365 |
+
|
| 366 |
+
# -------------------------------
|
| 367 |
+
# Aggregator Function: Combine all dimensions over time
|
| 368 |
+
# -------------------------------
|
| 369 |
+
def calculate_piotroski_scores_over_time(symbol, years_back=5, log_list=None):
|
| 370 |
+
d1_list = dimension_1_positive_roa(symbol, years_back, log_list=log_list)
|
| 371 |
+
d2_list = dimension_2_positive_cfo(symbol, years_back, log_list=log_list)
|
| 372 |
+
d3_list = dimension_3_improved_roa(symbol, years_back, log_list=log_list)
|
| 373 |
+
d4_list = dimension_4_cfo_exceeds_net_income(symbol, years_back, log_list=log_list)
|
| 374 |
+
d5_list = dimension_5_lower_leverage(symbol, years_back, log_list=log_list)
|
| 375 |
+
d6_list = dimension_6_higher_current_ratio(symbol, years_back, log_list=log_list)
|
| 376 |
+
d7_list = dimension_7_no_new_shares(symbol, years_back, log_list=log_list)
|
| 377 |
+
d8_list = dimension_8_improved_gross_margin(symbol, years_back, log_list=log_list)
|
| 378 |
+
d9_list = dimension_9_improved_ato(symbol, years_back, log_list=log_list)
|
| 379 |
+
|
| 380 |
+
rows = []
|
| 381 |
+
for i in range(years_back):
|
| 382 |
+
year_str = d1_list[i]["year"] if i < len(d1_list) else f"N/A_{i}"
|
| 383 |
+
dim1 = d1_list[i]["score"] if i < len(d1_list) else 0
|
| 384 |
+
dim2 = d2_list[i]["score"] if i < len(d2_list) else 0
|
| 385 |
+
dim3 = d3_list[i]["score"] if i < len(d3_list) else 0
|
| 386 |
+
dim4 = d4_list[i]["score"] if i < len(d4_list) else 0
|
| 387 |
+
dim5 = d5_list[i]["score"] if i < len(d5_list) else 0
|
| 388 |
+
dim6 = d6_list[i]["score"] if i < len(d6_list) else 0
|
| 389 |
+
dim7 = d7_list[i]["score"] if i < len(d7_list) else 0
|
| 390 |
+
dim8 = d8_list[i]["score"] if i < len(d8_list) else 0
|
| 391 |
+
dim9 = d9_list[i]["score"] if i < len(d9_list) else 0
|
| 392 |
+
total_score = sum([dim1, dim2, dim3, dim4, dim5, dim6, dim7, dim8, dim9])
|
| 393 |
+
rows.append({
|
| 394 |
+
"year": year_str,
|
| 395 |
+
"dim1_roa": dim1,
|
| 396 |
+
"dim2_cfo": dim2,
|
| 397 |
+
"dim3_roa_improvement": dim3,
|
| 398 |
+
"dim4_cfo_over_ni": dim4,
|
| 399 |
+
"dim5_lower_debt_ratio": dim5,
|
| 400 |
+
"dim6_higher_current_ratio": dim6,
|
| 401 |
+
"dim7_no_new_shares": dim7,
|
| 402 |
+
"dim8_gross_margin_up": dim8,
|
| 403 |
+
"dim9_asset_turnover_up": dim9,
|
| 404 |
+
"total_score": total_score
|
| 405 |
+
})
|
| 406 |
+
df = pd.DataFrame(rows)
|
| 407 |
+
return df
|
| 408 |
+
|
| 409 |
+
# -------------------------------
|
| 410 |
+
# Fetch annual stock prices using yfinance
|
| 411 |
+
# -------------------------------
|
| 412 |
+
def fetch_stock_prices_for_years(symbol, df_scores):
|
| 413 |
+
try:
|
| 414 |
+
df_scores["year_int"] = df_scores["year"].astype(int)
|
| 415 |
+
except Exception:
|
| 416 |
+
st.error("Error processing year values.")
|
| 417 |
+
return df_scores
|
| 418 |
+
|
| 419 |
+
min_year = df_scores["year_int"].min()
|
| 420 |
+
max_year = df_scores["year_int"].max()
|
| 421 |
+
start_date = f"{min_year}-01-01"
|
| 422 |
+
end_date = f"{max_year}-12-31"
|
| 423 |
+
try:
|
| 424 |
+
ticker_obj = yf.Ticker(symbol)
|
| 425 |
+
hist = ticker_obj.history(start=start_date, end=end_date)
|
| 426 |
+
except Exception:
|
| 427 |
+
st.error("Error retrieving stock price data.")
|
| 428 |
+
return df_scores
|
| 429 |
+
|
| 430 |
+
year_to_price = {}
|
| 431 |
+
for y in df_scores["year_int"].unique():
|
| 432 |
+
try:
|
| 433 |
+
data_y = hist.loc[str(y)] if str(y) in hist.index.strftime("%Y") else pd.DataFrame()
|
| 434 |
+
except Exception:
|
| 435 |
+
data_y = pd.DataFrame()
|
| 436 |
+
if data_y.empty:
|
| 437 |
+
year_to_price[y] = None
|
| 438 |
+
else:
|
| 439 |
+
last_close = data_y["Close"].iloc[-1]
|
| 440 |
+
year_to_price[y] = float(f"{last_close:.2f}")
|
| 441 |
+
df_scores["stock_price"] = df_scores["year_int"].map(year_to_price)
|
| 442 |
+
return df_scores
|
| 443 |
+
|
| 444 |
+
# -------------------------------
|
| 445 |
+
# Set wide layout and page title
|
| 446 |
+
# -------------------------------
|
| 447 |
+
st.set_page_config(page_title="Piotroski Score Analysis", layout="wide")
|
| 448 |
+
st.title("Piotroski Score Analysis")
|
| 449 |
+
st.markdown(
|
| 450 |
+
"""
|
| 451 |
+
This tool calculates the Piotroski F-Score over time for a given stock to investigate its financial health and performance trends.
|
| 452 |
+
Simply adjust the parameters in the sidebar and click **Run Analysis** to view detailed scores, its decomposition, and interactive visualizations.
|
| 453 |
+
"""
|
| 454 |
+
)
|
| 455 |
+
|
| 456 |
+
# -------------------------------
|
| 457 |
+
# Explanation of Calculations Expander
|
| 458 |
+
# -------------------------------
|
| 459 |
+
with st.expander("F-Score Calculations", expanded=False):
|
| 460 |
+
st.markdown(
|
| 461 |
+
"""
|
| 462 |
+
The Piotroski F-Score is a nine-point system designed to identify financially strong companies.
|
| 463 |
+
Each of the nine dimensions is binary (1 if favorable, 0 if not) and falls into groups like Profitability, Leverage & Liquidity, and Operational Efficiency.
|
| 464 |
+
"""
|
| 465 |
+
)
|
| 466 |
+
st.markdown("##### 1. Positive Return on Assets (ROA)")
|
| 467 |
+
st.markdown(
|
| 468 |
+
"""
|
| 469 |
+
Measures how effectively a company uses its assets to generate net income.
|
| 470 |
+
Calculated as:
|
| 471 |
+
"""
|
| 472 |
+
)
|
| 473 |
+
st.latex(r"\text{ROA} = \frac{\text{Net Income}}{\frac{\text{Total Assets}_{\text{current}} + \text{Total Assets}_{\text{previous}}}{2}}")
|
| 474 |
+
st.markdown("A positive ROA indicates the company is profitable relative to its asset base.")
|
| 475 |
+
|
| 476 |
+
st.markdown("##### 2. Positive Operating Cash Flow (CFO)")
|
| 477 |
+
st.markdown(
|
| 478 |
+
"""
|
| 479 |
+
Evaluates whether the company generates cash from its core operations.
|
| 480 |
+
Expressed simply as:
|
| 481 |
+
"""
|
| 482 |
+
)
|
| 483 |
+
st.latex(r"\text{CFO} > 0")
|
| 484 |
+
st.markdown("A positive CFO suggests sustainable business operations.")
|
| 485 |
+
|
| 486 |
+
st.markdown("##### 3. Improvement in ROA")
|
| 487 |
+
st.markdown(
|
| 488 |
+
"""
|
| 489 |
+
Compares the current year's ROA to the previous year's to indicate improving profitability.
|
| 490 |
+
In formula form:
|
| 491 |
+
"""
|
| 492 |
+
)
|
| 493 |
+
st.latex(r"\Delta\text{ROA} = \text{ROA}_{\text{current}} - \text{ROA}_{\text{previous}} > 0")
|
| 494 |
+
st.markdown("If the difference is positive, the score is 1.")
|
| 495 |
+
|
| 496 |
+
st.markdown("##### 4. CFO Exceeds Net Income")
|
| 497 |
+
st.markdown(
|
| 498 |
+
"""
|
| 499 |
+
Checks that the cash flow from operations is greater than net income, implying high earnings quality.
|
| 500 |
+
Expressed as:
|
| 501 |
+
"""
|
| 502 |
+
)
|
| 503 |
+
st.latex(r"\text{CFO} > \text{Net Income}")
|
| 504 |
+
st.markdown("If true, the indicator receives a score of 1.")
|
| 505 |
+
|
| 506 |
+
st.markdown("##### 5. Decrease in Long-Term Debt Ratio")
|
| 507 |
+
st.markdown(
|
| 508 |
+
"""
|
| 509 |
+
Evaluates whether the company is reducing its financial leverage over time.
|
| 510 |
+
Calculated as:
|
| 511 |
+
"""
|
| 512 |
+
)
|
| 513 |
+
st.latex(r"\text{Debt Ratio} = \frac{\text{Long-Term Debt}}{\text{Total Assets}}")
|
| 514 |
+
st.markdown("A lower debt ratio in the current year versus the previous year scores 1.")
|
| 515 |
+
|
| 516 |
+
st.markdown("##### 6. Improvement in Current Ratio")
|
| 517 |
+
st.markdown(
|
| 518 |
+
"""
|
| 519 |
+
Assesses short-term liquidity by comparing current assets to current liabilities.
|
| 520 |
+
Calculated as:
|
| 521 |
+
"""
|
| 522 |
+
)
|
| 523 |
+
st.latex(r"\text{Current Ratio} = \frac{\text{Total Current Assets}}{\text{Total Current Liabilities}}")
|
| 524 |
+
st.markdown("An increase in the current ratio year-over-year signals stronger liquidity.")
|
| 525 |
+
|
| 526 |
+
st.markdown("##### 7. No New Shares Issued")
|
| 527 |
+
st.markdown(
|
| 528 |
+
"""
|
| 529 |
+
Checks that the weighted average shares outstanding have not increased, avoiding dilution.
|
| 530 |
+
Expressed as:
|
| 531 |
+
"""
|
| 532 |
+
)
|
| 533 |
+
st.latex(r"\text{Weighted Average Shares}_{\text{current}} \leq \text{Weighted Average Shares}_{\text{previous}}")
|
| 534 |
+
st.markdown("If true, the score is 1.")
|
| 535 |
+
|
| 536 |
+
st.markdown("##### 8. Improvement in Gross Margin")
|
| 537 |
+
st.markdown("Gross Margin is defined as:")
|
| 538 |
+
st.latex(r"\text{Gross Margin} = \frac{\text{Gross Profit}}{\text{Revenue}}")
|
| 539 |
+
st.markdown("An increase in gross margin indicates better cost management or pricing power.")
|
| 540 |
+
|
| 541 |
+
st.markdown("##### 9. Improvement in Asset Turnover")
|
| 542 |
+
st.markdown(
|
| 543 |
+
"""
|
| 544 |
+
Measures how efficiently a company uses its assets to generate revenue.
|
| 545 |
+
Calculated as:
|
| 546 |
+
"""
|
| 547 |
+
)
|
| 548 |
+
st.latex(r"\text{Asset Turnover} = \frac{\text{Revenue}}{\frac{\text{Total Assets}_{\text{current}} + \text{Total Assets}_{\text{previous}}}{2}}")
|
| 549 |
+
st.markdown("An increase in asset turnover indicates more efficient use of assets.")
|
| 550 |
+
|
| 551 |
+
# -------------------------------
|
| 552 |
+
# Sidebar: Parameters Expander
|
| 553 |
+
# -------------------------------
|
| 554 |
+
with st.sidebar.expander("Parameters", expanded=True):
|
| 555 |
+
ticker = st.text_input("Ticker Symbol", value="MSFT",
|
| 556 |
+
help="Enter the stock ticker symbol (e.g., MSFT)")
|
| 557 |
+
years_back = st.slider("Number of Years", min_value=1, max_value=20, value=10, help="Set how many past years to analyze")
|
| 558 |
+
run_analysis = st.button("Run Analysis")
|
| 559 |
+
|
| 560 |
+
# -------------------------------
|
| 561 |
+
# Run the analysis on button click
|
| 562 |
+
# -------------------------------
|
| 563 |
+
if run_analysis:
|
| 564 |
+
with st.spinner("Running analysis. Please wait..."):
|
| 565 |
+
raw_logs = []
|
| 566 |
+
df_scores = calculate_piotroski_scores_over_time(ticker, years_back, log_list=raw_logs)
|
| 567 |
+
df_scores = fetch_stock_prices_for_years(ticker, df_scores)
|
| 568 |
+
dim_cols = [
|
| 569 |
+
"dim1_roa", "dim2_cfo", "dim3_roa_improvement",
|
| 570 |
+
"dim4_cfo_over_ni", "dim5_lower_debt_ratio",
|
| 571 |
+
"dim6_higher_current_ratio", "dim7_no_new_shares",
|
| 572 |
+
"dim8_gross_margin_up", "dim9_asset_turnover_up"
|
| 573 |
+
]
|
| 574 |
+
df_plot = df_scores.sort_values(by="year", ascending=True)
|
| 575 |
+
|
| 576 |
+
# Create Plotly figure with secondary y-axis
|
| 577 |
+
fig = make_subplots(specs=[[{"secondary_y": True}]])
|
| 578 |
+
for col in dim_cols:
|
| 579 |
+
fig.add_trace(
|
| 580 |
+
go.Bar(
|
| 581 |
+
x=df_plot["year"],
|
| 582 |
+
y=df_plot[col],
|
| 583 |
+
name=col,
|
| 584 |
+
text=df_plot[col],
|
| 585 |
+
textposition="inside"
|
| 586 |
+
),
|
| 587 |
+
secondary_y=False
|
| 588 |
+
)
|
| 589 |
+
# Add annotations for total score above each bar
|
| 590 |
+
for idx, row in df_plot.iterrows():
|
| 591 |
+
fig.add_annotation(
|
| 592 |
+
x=row["year"],
|
| 593 |
+
y=row["total_score"] + 0.1,
|
| 594 |
+
text=f"Score={int(row['total_score'])}",
|
| 595 |
+
showarrow=False,
|
| 596 |
+
font=dict(color="black", size=10)
|
| 597 |
+
)
|
| 598 |
+
fig.add_trace(
|
| 599 |
+
go.Scatter(
|
| 600 |
+
x=df_plot["year"],
|
| 601 |
+
y=df_plot["stock_price"],
|
| 602 |
+
mode="lines+markers",
|
| 603 |
+
name="Stock Price",
|
| 604 |
+
marker=dict(color="red"),
|
| 605 |
+
line=dict(width=2)
|
| 606 |
+
),
|
| 607 |
+
secondary_y=True
|
| 608 |
+
)
|
| 609 |
+
fig.update_xaxes(
|
| 610 |
+
tickmode='array',
|
| 611 |
+
tickvals=df_plot["year"].tolist(),
|
| 612 |
+
ticktext=df_plot["year"].tolist()
|
| 613 |
+
)
|
| 614 |
+
fig.update_layout(
|
| 615 |
+
height=800,
|
| 616 |
+
barmode="stack",
|
| 617 |
+
title_text=f"Piotroski Dimensions for {ticker} with Stock Price",
|
| 618 |
+
xaxis_title="Year",
|
| 619 |
+
yaxis_title="Dimension Scores (Stacked)",
|
| 620 |
+
legend=dict(orientation="h", yanchor="bottom", y=1.20),
|
| 621 |
+
margin=dict(b=150)
|
| 622 |
+
)
|
| 623 |
+
fig.update_yaxes(title_text="Stock Price (USD)", secondary_y=True)
|
| 624 |
+
|
| 625 |
+
st.subheader("Results")
|
| 626 |
+
with st.expander("Raw Calculation Logs", expanded=False):
|
| 627 |
+
st.markdown("Below are the raw logs for each metric's calculation:")
|
| 628 |
+
for log in raw_logs:
|
| 629 |
+
st.text(log)
|
| 630 |
+
|
| 631 |
+
st.markdown("##### DataFrame")
|
| 632 |
+
with st.expander("DataFrame", expanded=False):
|
| 633 |
+
st.dataframe(df_scores)
|
| 634 |
+
|
| 635 |
+
st.markdown("##### Time Series Plot")
|
| 636 |
+
st.plotly_chart(fig, use_container_width=True)
|
| 637 |
+
|
| 638 |
+
st.markdown("##### Interpretation of the results")
|
| 639 |
+
with st.expander("interpretation of results", expanded=False):
|
| 640 |
+
for idx, row in df_scores.iterrows():
|
| 641 |
+
year_label = row["year"]
|
| 642 |
+
st.markdown(f"##### {year_label}")
|
| 643 |
+
weaknesses = []
|
| 644 |
+
if row["dim1_roa"] == 0:
|
| 645 |
+
weaknesses.append("ROA is not positive. This may indicate lower profit relative to assets.")
|
| 646 |
+
if row["dim2_cfo"] == 0:
|
| 647 |
+
weaknesses.append("CFO is negative or zero. Operations did not produce sufficient cash flow.")
|
| 648 |
+
if row["dim3_roa_improvement"] == 0:
|
| 649 |
+
weaknesses.append("ROA did not improve. Asset profitability may be stagnant.")
|
| 650 |
+
if row["dim4_cfo_over_ni"] == 0:
|
| 651 |
+
weaknesses.append("CFO is not higher than net income. Earnings quality could be weak.")
|
| 652 |
+
if row["dim5_lower_debt_ratio"] == 0:
|
| 653 |
+
weaknesses.append("Debt ratio did not decrease. Leverage has not improved.")
|
| 654 |
+
if row["dim6_higher_current_ratio"] == 0:
|
| 655 |
+
weaknesses.append("Current ratio is not higher than before. Short-term liquidity did not improve.")
|
| 656 |
+
if row["dim7_no_new_shares"] == 0:
|
| 657 |
+
weaknesses.append("Shares outstanding increased. This may dilute existing shareholders.")
|
| 658 |
+
if row["dim8_gross_margin_up"] == 0:
|
| 659 |
+
weaknesses.append("Gross margin did not rise. Cost or pricing factors may need attention.")
|
| 660 |
+
if row["dim9_asset_turnover_up"] == 0:
|
| 661 |
+
weaknesses.append("Asset turnover did not increase. Efficiency in using assets could be better.")
|
| 662 |
+
|
| 663 |
+
if weaknesses:
|
| 664 |
+
weakness_text = "; ".join(weaknesses)
|
| 665 |
+
st.markdown(f"**Key Weaknesses:** {weakness_text}")
|
| 666 |
+
else:
|
| 667 |
+
st.markdown("No identified weaknesses in this year's metrics. Scores suggest strong performance.")
|
| 668 |
+
st.markdown("---")
|
| 669 |
+
|
| 670 |
+
|
| 671 |
+
hide_streamlit_style = """
|
| 672 |
+
<style>
|
| 673 |
+
#MainMenu {visibility: hidden;}
|
| 674 |
+
footer {visibility: hidden;}
|
| 675 |
+
</style>
|
| 676 |
+
"""
|
| 677 |
+
st.markdown(hide_streamlit_style, unsafe_allow_html=True)
|