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TOPIC: Current Assets - Total Liabilities > Mcap Screener

Current Assets - Total Liabilities > Mcap Screener 3 months, 1 week ago #2654

  • Chajan9
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Hello guys,

The screener "Current Assets - Total Liabilities > Market Cap", uses old financial data, I set the filter last filing in 2020, but the calculation are made with data from 2019 or early 2020 instead of using the latest company filings. Screener.co has the actual and correct data but is not using the actual data when using this screener.

Do you know whats wrong with it and how to fix this
thanks!
Chaaj

Re: Current Assets - Total Liabilities > Mcap Screener 3 months, 1 week ago #2655

  • Chajan9
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Checked again, the screener calculates with data from end of 2019 (but we now have already q2 or q3 of 2020), so most of the companies now have different values, and this makes this screener somehow almost useless like this?

thank you for helping out
Chaaj

Re: Current Assets - Total Liabilities > Mcap Screener 3 months, 1 week ago #2656

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You can remove the condition:

Total Current Assets(A) - Total Liabilities(A) > Market capitalization

and add the condition:

Total Current Assets(I) - Total Liabilities(I) > Market capitalization

That will use the most recent interim (i.e. quarterly) data instead of the most recent fiscal year data.

Re: Current Assets - Total Liabilities > Mcap Screener 3 months, 1 week ago #2657

  • Chajan9
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thanks!
Chaaj
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