Last modified:2026-07-19 17:02:27
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OperationId:equities_symbol_earnings_quality
First-party earnings-quality analytics computed from SEC EDGAR XBRL companyfacts (annual filings 10-K/20-F/40-F). Three published academic models with the full methodology disclosed in the payload: Piotroski (2000) F-score with ROA and turnover scaled by beginning-of-year assets; Sloan (1996) accruals in the cash-flow-statement form (Hribar-Collins 2002); Beneish (1999) M-score M8 and M5 with simplified AQI and neutral-1.0 handling of uncomputable indices. Composite 0-100 = 0.40 Piotroski + 0.30 Sloan + 0.30 Beneish, weights renormalized over available components (2 of 3 required), letter bands A >= 80 / B / C / D / F < 35. The Beneish verdict additionally travels as a SEPARATE manipulation_flag (GREEN / GRAY / RED / UNKNOWN / NOT_APPLICABLE) so it is never diluted by a good F-score. ANNUAL only by construction. Financial issuers (SIC 6000-6999): Sloan and Beneish suppressed, Piotroski degrades to 5 defensible signals, no composite letter. MODEL ESTIMATE derived from public filings - DESCRIPTIVE analytics, not investment advice.