@insiderfinance/totalfinance 0.1.0
This diff represents the content of publicly available package versions that have been released to one of the supported registries. The information contained in this diff is provided for informational purposes only and reflects changes between package versions as they appear in their respective public registries.
- package/LICENSE +201 -0
- package/README.md +339 -0
- package/STABILITY.md +23 -0
- package/modules/backtest/dist/artifacts.d.ts +23 -0
- package/modules/backtest/dist/artifacts.d.ts.map +1 -0
- package/modules/backtest/dist/artifacts.js +22 -0
- package/modules/backtest/dist/artifacts.js.map +1 -0
- package/modules/backtest/dist/broker.d.ts +265 -0
- package/modules/backtest/dist/broker.d.ts.map +1 -0
- package/modules/backtest/dist/broker.js +1228 -0
- package/modules/backtest/dist/broker.js.map +1 -0
- package/modules/backtest/dist/costs.d.ts +67 -0
- package/modules/backtest/dist/costs.d.ts.map +1 -0
- package/modules/backtest/dist/costs.js +171 -0
- package/modules/backtest/dist/costs.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/engine.d.ts +21 -0
- package/modules/backtest/dist/cross-sectional/engine.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/engine.js +1399 -0
- package/modules/backtest/dist/cross-sectional/engine.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/folds.d.ts +134 -0
- package/modules/backtest/dist/cross-sectional/folds.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/folds.js +375 -0
- package/modules/backtest/dist/cross-sectional/folds.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/grid.d.ts +142 -0
- package/modules/backtest/dist/cross-sectional/grid.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/grid.js +394 -0
- package/modules/backtest/dist/cross-sectional/grid.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/index.d.ts +18 -0
- package/modules/backtest/dist/cross-sectional/index.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/index.js +15 -0
- package/modules/backtest/dist/cross-sectional/index.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/types.d.ts +331 -0
- package/modules/backtest/dist/cross-sectional/types.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/types.js +12 -0
- package/modules/backtest/dist/cross-sectional/types.js.map +1 -0
- package/modules/backtest/dist/cross-sectional/validate.d.ts +22 -0
- package/modules/backtest/dist/cross-sectional/validate.d.ts.map +1 -0
- package/modules/backtest/dist/cross-sectional/validate.js +489 -0
- package/modules/backtest/dist/cross-sectional/validate.js.map +1 -0
- package/modules/backtest/dist/diagnostics.d.ts +16 -0
- package/modules/backtest/dist/diagnostics.d.ts.map +1 -0
- package/modules/backtest/dist/diagnostics.js +63 -0
- package/modules/backtest/dist/diagnostics.js.map +1 -0
- package/modules/backtest/dist/environment/bench.d.ts +34 -0
- package/modules/backtest/dist/environment/bench.d.ts.map +1 -0
- package/modules/backtest/dist/environment/bench.js +724 -0
- package/modules/backtest/dist/environment/bench.js.map +1 -0
- package/modules/backtest/dist/environment/environment.d.ts +5 -0
- package/modules/backtest/dist/environment/environment.d.ts.map +1 -0
- package/modules/backtest/dist/environment/environment.js +618 -0
- package/modules/backtest/dist/environment/environment.js.map +1 -0
- package/modules/backtest/dist/environment/episode.d.ts +4 -0
- package/modules/backtest/dist/environment/episode.d.ts.map +1 -0
- package/modules/backtest/dist/environment/episode.js +121 -0
- package/modules/backtest/dist/environment/episode.js.map +1 -0
- package/modules/backtest/dist/environment/episodes.d.ts +14 -0
- package/modules/backtest/dist/environment/episodes.d.ts.map +1 -0
- package/modules/backtest/dist/environment/episodes.js +644 -0
- package/modules/backtest/dist/environment/episodes.js.map +1 -0
- package/modules/backtest/dist/environment/features.d.ts +31 -0
- package/modules/backtest/dist/environment/features.d.ts.map +1 -0
- package/modules/backtest/dist/environment/features.js +157 -0
- package/modules/backtest/dist/environment/features.js.map +1 -0
- package/modules/backtest/dist/environment/index.d.ts +14 -0
- package/modules/backtest/dist/environment/index.d.ts.map +1 -0
- package/modules/backtest/dist/environment/index.js +12 -0
- package/modules/backtest/dist/environment/index.js.map +1 -0
- package/modules/backtest/dist/environment/limits.d.ts +63 -0
- package/modules/backtest/dist/environment/limits.d.ts.map +1 -0
- package/modules/backtest/dist/environment/limits.js +253 -0
- package/modules/backtest/dist/environment/limits.js.map +1 -0
- package/modules/backtest/dist/environment/reward.d.ts +5 -0
- package/modules/backtest/dist/environment/reward.d.ts.map +1 -0
- package/modules/backtest/dist/environment/reward.js +80 -0
- package/modules/backtest/dist/environment/reward.js.map +1 -0
- package/modules/backtest/dist/environment/types.d.ts +540 -0
- package/modules/backtest/dist/environment/types.d.ts.map +1 -0
- package/modules/backtest/dist/environment/types.js +2 -0
- package/modules/backtest/dist/environment/types.js.map +1 -0
- package/modules/backtest/dist/environment/validate.d.ts +23 -0
- package/modules/backtest/dist/environment/validate.d.ts.map +1 -0
- package/modules/backtest/dist/environment/validate.js +264 -0
- package/modules/backtest/dist/environment/validate.js.map +1 -0
- package/modules/backtest/dist/event-driven.d.ts +111 -0
- package/modules/backtest/dist/event-driven.d.ts.map +1 -0
- package/modules/backtest/dist/event-driven.js +325 -0
- package/modules/backtest/dist/event-driven.js.map +1 -0
- package/modules/backtest/dist/execution/conformance.d.ts +33 -0
- package/modules/backtest/dist/execution/conformance.d.ts.map +1 -0
- package/modules/backtest/dist/execution/conformance.js +269 -0
- package/modules/backtest/dist/execution/conformance.js.map +1 -0
- package/modules/backtest/dist/execution/fill-models.d.ts +35 -0
- package/modules/backtest/dist/execution/fill-models.d.ts.map +1 -0
- package/modules/backtest/dist/execution/fill-models.js +375 -0
- package/modules/backtest/dist/execution/fill-models.js.map +1 -0
- package/modules/backtest/dist/execution/fill-order.d.ts +55 -0
- package/modules/backtest/dist/execution/fill-order.d.ts.map +1 -0
- package/modules/backtest/dist/execution/fill-order.js +156 -0
- package/modules/backtest/dist/execution/fill-order.js.map +1 -0
- package/modules/backtest/dist/execution/index.d.ts +33 -0
- package/modules/backtest/dist/execution/index.d.ts.map +1 -0
- package/modules/backtest/dist/execution/index.js +27 -0
- package/modules/backtest/dist/execution/index.js.map +1 -0
- package/modules/backtest/dist/execution/intrabar.d.ts +46 -0
- package/modules/backtest/dist/execution/intrabar.d.ts.map +1 -0
- package/modules/backtest/dist/execution/intrabar.js +130 -0
- package/modules/backtest/dist/execution/intrabar.js.map +1 -0
- package/modules/backtest/dist/execution/normalized.d.ts +56 -0
- package/modules/backtest/dist/execution/normalized.d.ts.map +1 -0
- package/modules/backtest/dist/execution/normalized.js +154 -0
- package/modules/backtest/dist/execution/normalized.js.map +1 -0
- package/modules/backtest/dist/execution/policy.d.ts +84 -0
- package/modules/backtest/dist/execution/policy.d.ts.map +1 -0
- package/modules/backtest/dist/execution/policy.js +341 -0
- package/modules/backtest/dist/execution/policy.js.map +1 -0
- package/modules/backtest/dist/execution/types.d.ts +217 -0
- package/modules/backtest/dist/execution/types.d.ts.map +1 -0
- package/modules/backtest/dist/execution/types.js +8 -0
- package/modules/backtest/dist/execution/types.js.map +1 -0
- package/modules/backtest/dist/execution/validate.d.ts +35 -0
- package/modules/backtest/dist/execution/validate.d.ts.map +1 -0
- package/modules/backtest/dist/execution/validate.js +666 -0
- package/modules/backtest/dist/execution/validate.js.map +1 -0
- package/modules/backtest/dist/generated/validation-specs.d.ts +12 -0
- package/modules/backtest/dist/generated/validation-specs.d.ts.map +1 -0
- package/modules/backtest/dist/generated/validation-specs.js +1129 -0
- package/modules/backtest/dist/generated/validation-specs.js.map +1 -0
- package/modules/backtest/dist/index.d.ts +33 -0
- package/modules/backtest/dist/index.d.ts.map +1 -0
- package/modules/backtest/dist/index.js +28 -0
- package/modules/backtest/dist/index.js.map +1 -0
- package/modules/backtest/dist/options/chain.d.ts +68 -0
- package/modules/backtest/dist/options/chain.d.ts.map +1 -0
- package/modules/backtest/dist/options/chain.js +303 -0
- package/modules/backtest/dist/options/chain.js.map +1 -0
- package/modules/backtest/dist/options/engine.d.ts +28 -0
- package/modules/backtest/dist/options/engine.d.ts.map +1 -0
- package/modules/backtest/dist/options/engine.js +1859 -0
- package/modules/backtest/dist/options/engine.js.map +1 -0
- package/modules/backtest/dist/options/index.d.ts +23 -0
- package/modules/backtest/dist/options/index.d.ts.map +1 -0
- package/modules/backtest/dist/options/index.js +21 -0
- package/modules/backtest/dist/options/index.js.map +1 -0
- package/modules/backtest/dist/options/tearsheet.d.ts +77 -0
- package/modules/backtest/dist/options/tearsheet.d.ts.map +1 -0
- package/modules/backtest/dist/options/tearsheet.js +205 -0
- package/modules/backtest/dist/options/tearsheet.js.map +1 -0
- package/modules/backtest/dist/options/types.d.ts +571 -0
- package/modules/backtest/dist/options/types.d.ts.map +1 -0
- package/modules/backtest/dist/options/types.js +19 -0
- package/modules/backtest/dist/options/types.js.map +1 -0
- package/modules/backtest/dist/paper/index.d.ts +13 -0
- package/modules/backtest/dist/paper/index.d.ts.map +1 -0
- package/modules/backtest/dist/paper/index.js +12 -0
- package/modules/backtest/dist/paper/index.js.map +1 -0
- package/modules/backtest/dist/paper/paper.d.ts +8 -0
- package/modules/backtest/dist/paper/paper.d.ts.map +1 -0
- package/modules/backtest/dist/paper/paper.js +950 -0
- package/modules/backtest/dist/paper/paper.js.map +1 -0
- package/modules/backtest/dist/paper/types.d.ts +190 -0
- package/modules/backtest/dist/paper/types.d.ts.map +1 -0
- package/modules/backtest/dist/paper/types.js +3 -0
- package/modules/backtest/dist/paper/types.js.map +1 -0
- package/modules/backtest/dist/paper/validate.d.ts +9 -0
- package/modules/backtest/dist/paper/validate.d.ts.map +1 -0
- package/modules/backtest/dist/paper/validate.js +112 -0
- package/modules/backtest/dist/paper/validate.js.map +1 -0
- package/modules/backtest/dist/portfolio/adapters.d.ts +37 -0
- package/modules/backtest/dist/portfolio/adapters.d.ts.map +1 -0
- package/modules/backtest/dist/portfolio/adapters.js +555 -0
- package/modules/backtest/dist/portfolio/adapters.js.map +1 -0
- package/modules/backtest/dist/portfolio/engine.d.ts +35 -0
- package/modules/backtest/dist/portfolio/engine.d.ts.map +1 -0
- package/modules/backtest/dist/portfolio/engine.js +1300 -0
- package/modules/backtest/dist/portfolio/engine.js.map +1 -0
- package/modules/backtest/dist/portfolio/index.d.ts +12 -0
- package/modules/backtest/dist/portfolio/index.d.ts.map +1 -0
- package/modules/backtest/dist/portfolio/index.js +11 -0
- package/modules/backtest/dist/portfolio/index.js.map +1 -0
- package/modules/backtest/dist/portfolio/types.d.ts +418 -0
- package/modules/backtest/dist/portfolio/types.d.ts.map +1 -0
- package/modules/backtest/dist/portfolio/types.js +8 -0
- package/modules/backtest/dist/portfolio/types.js.map +1 -0
- package/modules/backtest/dist/portfolio/validate.d.ts +26 -0
- package/modules/backtest/dist/portfolio/validate.d.ts.map +1 -0
- package/modules/backtest/dist/portfolio/validate.js +556 -0
- package/modules/backtest/dist/portfolio/validate.js.map +1 -0
- package/modules/backtest/dist/run-artifacts.d.ts +425 -0
- package/modules/backtest/dist/run-artifacts.d.ts.map +1 -0
- package/modules/backtest/dist/run-artifacts.js +1843 -0
- package/modules/backtest/dist/run-artifacts.js.map +1 -0
- package/modules/backtest/dist/signals.d.ts +110 -0
- package/modules/backtest/dist/signals.d.ts.map +1 -0
- package/modules/backtest/dist/signals.js +207 -0
- package/modules/backtest/dist/signals.js.map +1 -0
- package/modules/backtest/dist/tearsheet.d.ts +126 -0
- package/modules/backtest/dist/tearsheet.d.ts.map +1 -0
- package/modules/backtest/dist/tearsheet.js +266 -0
- package/modules/backtest/dist/tearsheet.js.map +1 -0
- package/modules/backtest/dist/types.d.ts +175 -0
- package/modules/backtest/dist/types.d.ts.map +1 -0
- package/modules/backtest/dist/types.js +29 -0
- package/modules/backtest/dist/types.js.map +1 -0
- package/modules/backtest/dist/validate.d.ts +13 -0
- package/modules/backtest/dist/validate.d.ts.map +1 -0
- package/modules/backtest/dist/validate.js +37 -0
- package/modules/backtest/dist/validate.js.map +1 -0
- package/modules/backtest/dist/vectorized.d.ts +53 -0
- package/modules/backtest/dist/vectorized.d.ts.map +1 -0
- package/modules/backtest/dist/vectorized.js +383 -0
- package/modules/backtest/dist/vectorized.js.map +1 -0
- package/modules/backtest/dist/walk-forward.d.ts +57 -0
- package/modules/backtest/dist/walk-forward.d.ts.map +1 -0
- package/modules/backtest/dist/walk-forward.js +125 -0
- package/modules/backtest/dist/walk-forward.js.map +1 -0
- package/modules/backtest/etc/backtest.api.md +139 -0
- package/modules/backtest/src/artifacts.ts +54 -0
- package/modules/backtest/src/broker.ts +1529 -0
- package/modules/backtest/src/costs.ts +225 -0
- package/modules/backtest/src/cross-sectional/engine.ts +1608 -0
- package/modules/backtest/src/cross-sectional/folds.ts +718 -0
- package/modules/backtest/src/cross-sectional/grid.ts +646 -0
- package/modules/backtest/src/cross-sectional/index.ts +76 -0
- package/modules/backtest/src/cross-sectional/types.ts +363 -0
- package/modules/backtest/src/cross-sectional/validate.ts +906 -0
- package/modules/backtest/src/diagnostics.ts +66 -0
- package/modules/backtest/src/environment/bench.ts +1022 -0
- package/modules/backtest/src/environment/environment.ts +766 -0
- package/modules/backtest/src/environment/episode.ts +146 -0
- package/modules/backtest/src/environment/episodes.ts +786 -0
- package/modules/backtest/src/environment/features.ts +184 -0
- package/modules/backtest/src/environment/index.ts +79 -0
- package/modules/backtest/src/environment/limits.ts +383 -0
- package/modules/backtest/src/environment/reward.ts +98 -0
- package/modules/backtest/src/environment/types.ts +595 -0
- package/modules/backtest/src/environment/validate.ts +415 -0
- package/modules/backtest/src/event-driven.ts +528 -0
- package/modules/backtest/src/execution/conformance.ts +346 -0
- package/modules/backtest/src/execution/fill-models.ts +410 -0
- package/modules/backtest/src/execution/fill-order.ts +261 -0
- package/modules/backtest/src/execution/index.ts +91 -0
- package/modules/backtest/src/execution/intrabar.ts +185 -0
- package/modules/backtest/src/execution/normalized.ts +216 -0
- package/modules/backtest/src/execution/policy.ts +447 -0
- package/modules/backtest/src/execution/types.ts +239 -0
- package/modules/backtest/src/execution/validate.ts +889 -0
- package/modules/backtest/src/generated/validation-specs.ts +1132 -0
- package/modules/backtest/src/index.ts +157 -0
- package/modules/backtest/src/options/chain.ts +410 -0
- package/modules/backtest/src/options/engine.ts +2240 -0
- package/modules/backtest/src/options/index.ts +68 -0
- package/modules/backtest/src/options/tearsheet.ts +327 -0
- package/modules/backtest/src/options/types.ts +573 -0
- package/modules/backtest/src/paper/index.ts +27 -0
- package/modules/backtest/src/paper/paper.ts +1288 -0
- package/modules/backtest/src/paper/types.ts +221 -0
- package/modules/backtest/src/paper/validate.ts +168 -0
- package/modules/backtest/src/portfolio/adapters.ts +651 -0
- package/modules/backtest/src/portfolio/engine.ts +1518 -0
- package/modules/backtest/src/portfolio/index.ts +64 -0
- package/modules/backtest/src/portfolio/types.ts +456 -0
- package/modules/backtest/src/portfolio/validate.ts +861 -0
- package/modules/backtest/src/run-artifacts.ts +2873 -0
- package/modules/backtest/src/signals.ts +267 -0
- package/modules/backtest/src/tearsheet.ts +425 -0
- package/modules/backtest/src/types.ts +200 -0
- package/modules/backtest/src/validate.ts +43 -0
- package/modules/backtest/src/vectorized.ts +541 -0
- package/modules/backtest/src/walk-forward.ts +215 -0
- package/modules/calendars/dist/cboe.d.ts +15 -0
- package/modules/calendars/dist/cboe.d.ts.map +1 -0
- package/modules/calendars/dist/cboe.js +16 -0
- package/modules/calendars/dist/cboe.js.map +1 -0
- package/modules/calendars/dist/crypto.d.ts +15 -0
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- package/modules/calendars/dist/crypto.js +16 -0
- package/modules/calendars/dist/crypto.js.map +1 -0
- package/modules/calendars/dist/expirations.d.ts +35 -0
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- package/modules/calendars/dist/nyse.d.ts +11 -0
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- package/modules/calendars/src/us-market.ts +86 -0
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- package/modules/cli/src/exit-codes.ts +21 -0
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- package/modules/commodities/src/internal.ts +6 -0
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- package/modules/core/dist/artifacts/analysis-artifact.d.ts +140 -0
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import { requireRepresentableResult, stableSum, ensureKnownKeys, ErrorCode, InputError, isoDateToEpochMs, requireArgumentObject, requireFiniteFields, } from '../../core/dist/index.js';
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throw new InputError(`${functionName}: statements must be an array of FinancialStatements sets. Received ${statements === null ? 'null' : typeof statements}.`, { code: ErrorCode.InputWrongType, context: { field: 'statements' } });
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throw new InputError(`${functionName}: statements needs at least ${minimum} period${minimum === 1 ? '' : 's'}. Received ${statements.length}.`, { code: ErrorCode.InputOutOfRange, context: { field: 'statements' } });
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26
|
+
// "statements" instead of "statements[17]" makes the caller bisect by hand.
|
|
27
|
+
throw new InputError(`${functionName}: statements[${index}]: ${error.message.replace(`${functionName}: `, '')}`, {
|
|
28
|
+
code: error.code,
|
|
29
|
+
context: { ...error.context, field: `statements[${index}]` },
|
|
30
|
+
cause: error,
|
|
31
|
+
});
|
|
32
|
+
}
|
|
33
|
+
throw error;
|
|
34
|
+
}
|
|
35
|
+
});
|
|
36
|
+
}
|
|
37
|
+
/**
|
|
38
|
+
* The point-in-time view of a series: availability-gated by `statementsAvailableTimestampMs` (never
|
|
39
|
+
* by period end), then resolved to ONE version per (periodType, periodEndDate) under the stated
|
|
40
|
+
* restatement policy — `'latest-available'` takes the newest visible version, `'first-reported'`
|
|
41
|
+
* takes the original filing and ignores restatements entirely.
|
|
42
|
+
*/
|
|
43
|
+
export function selectFundamentalSnapshot(input) {
|
|
44
|
+
requireArgumentObject('selectFundamentalSnapshot', 'input', input);
|
|
45
|
+
ensureKnownKeys('selectFundamentalSnapshot', 'input', input, [
|
|
46
|
+
'series',
|
|
47
|
+
'asOf',
|
|
48
|
+
'restatementPolicy',
|
|
49
|
+
]);
|
|
50
|
+
requireArgumentObject('selectFundamentalSnapshot', 'input.series', input.series);
|
|
51
|
+
ensureKnownKeys('selectFundamentalSnapshot', 'input.series', input.series, [
|
|
52
|
+
'entity',
|
|
53
|
+
'statements',
|
|
54
|
+
]);
|
|
55
|
+
if (input.series.entity !== undefined &&
|
|
56
|
+
(typeof input.series.entity !== 'string' || input.series.entity.length === 0)) {
|
|
57
|
+
throw new InputError(`selectFundamentalSnapshot: series.entity must be a non-empty string when provided (a label carried into diagnostics). Received ${input.series.entity === null ? 'null' : typeof input.series.entity}.`, { code: ErrorCode.InputWrongType, context: { field: 'series.entity' } });
|
|
58
|
+
}
|
|
59
|
+
if (input.restatementPolicy !== 'latest-available' &&
|
|
60
|
+
input.restatementPolicy !== 'first-reported') {
|
|
61
|
+
throw new InputError(`selectFundamentalSnapshot: restatementPolicy must be 'latest-available' | 'first-reported'. Received ${input.restatementPolicy === null ? 'null' : JSON.stringify(input.restatementPolicy)}.`, { code: ErrorCode.InputInvalidEnum, context: { field: 'restatementPolicy' } });
|
|
62
|
+
}
|
|
63
|
+
requireFiniteFields('selectFundamentalSnapshot', input, ['asOf'], {
|
|
64
|
+
exampleCall: "selectFundamentalSnapshot({ series, asOf: Date.UTC(2026, 7, 12), restatementPolicy: 'latest-available' })",
|
|
65
|
+
});
|
|
66
|
+
requireStatementsArray('selectFundamentalSnapshot', input.series.statements, 0);
|
|
67
|
+
const visible = input.series.statements.filter((set) => availabilityOf(set) <= input.asOf);
|
|
68
|
+
const byPeriod = new Map();
|
|
69
|
+
for (const set of visible) {
|
|
70
|
+
const key = `${set.income.period.periodType}|${set.income.period.periodEndDate}`;
|
|
71
|
+
const bucket = byPeriod.get(key);
|
|
72
|
+
if (bucket)
|
|
73
|
+
bucket.push(set);
|
|
74
|
+
else
|
|
75
|
+
byPeriod.set(key, [set]);
|
|
76
|
+
}
|
|
77
|
+
const resolved = [];
|
|
78
|
+
for (const versions of byPeriod.values()) {
|
|
79
|
+
const ordered = [...versions].sort((a, b) => availabilityOf(a) - availabilityOf(b));
|
|
80
|
+
resolved.push(input.restatementPolicy === 'latest-available' ? ordered[ordered.length - 1] : ordered[0]);
|
|
81
|
+
}
|
|
82
|
+
resolved.sort((a, b) => (a.income.period.periodEndDate < b.income.period.periodEndDate ? -1 : 1));
|
|
83
|
+
return {
|
|
84
|
+
...(input.series.entity !== undefined ? { entity: input.series.entity } : {}),
|
|
85
|
+
asOf: input.asOf,
|
|
86
|
+
restatementPolicy: input.restatementPolicy,
|
|
87
|
+
statements: resolved,
|
|
88
|
+
};
|
|
89
|
+
}
|
|
90
|
+
const INCOME_FLOW_FIELDS = [
|
|
91
|
+
'revenue',
|
|
92
|
+
'costOfRevenue',
|
|
93
|
+
'grossProfit',
|
|
94
|
+
'operatingExpenses',
|
|
95
|
+
'operatingIncome',
|
|
96
|
+
'interestExpense',
|
|
97
|
+
'incomeTaxExpense',
|
|
98
|
+
'netIncome',
|
|
99
|
+
'incomeFromContinuingOperations',
|
|
100
|
+
'sellingGeneralAdministrativeExpense',
|
|
101
|
+
];
|
|
102
|
+
const CASH_FLOW_FLOW_FIELDS = [
|
|
103
|
+
'operatingCashFlow',
|
|
104
|
+
'investingCashFlow',
|
|
105
|
+
'financingCashFlow',
|
|
106
|
+
'capitalExpenditure',
|
|
107
|
+
'depreciationAndAmortization',
|
|
108
|
+
'stockBasedCompensation',
|
|
109
|
+
'acquisitions',
|
|
110
|
+
'dividendsPaid',
|
|
111
|
+
'shareRepurchases',
|
|
112
|
+
];
|
|
113
|
+
/** Sum an optional flow field across quarters: absent anywhere → absent in the TTM (no zero-fill). */
|
|
114
|
+
function sumOptional(rows, field) {
|
|
115
|
+
const values = [];
|
|
116
|
+
for (const row of rows) {
|
|
117
|
+
const value = row[field];
|
|
118
|
+
if (value === undefined)
|
|
119
|
+
return undefined;
|
|
120
|
+
values.push(value);
|
|
121
|
+
}
|
|
122
|
+
return stableSum(values);
|
|
123
|
+
}
|
|
124
|
+
/**
|
|
125
|
+
* Compose four consecutive fiscal quarters into one trailing-twelve-months set: income and
|
|
126
|
+
* cash-flow FLOWS sum; BALANCES are the latest quarter's (a balance is a point, not a flow);
|
|
127
|
+
* `dilutedSharesOutstanding` is the four-quarter arithmetic mean (disclosed convention). The
|
|
128
|
+
* quarter chain is verified — a gap or an overlap is an error naming the break, never a silent
|
|
129
|
+
* annualization.
|
|
130
|
+
*/
|
|
131
|
+
export function trailingTwelveMonthStatements(input) {
|
|
132
|
+
requireArgumentObject('trailingTwelveMonthStatements', 'input', input);
|
|
133
|
+
ensureKnownKeys('trailingTwelveMonthStatements', 'input', input, ['statements']);
|
|
134
|
+
requireStatementsArray('trailingTwelveMonthStatements', input.statements, 4);
|
|
135
|
+
if (input.statements.length !== 4) {
|
|
136
|
+
throw new InputError(`trailingTwelveMonthStatements: exactly four quarters compose a trailing twelve months. Received ${input.statements.length}.`, { code: ErrorCode.InputOutOfRange, context: { field: 'statements' } });
|
|
137
|
+
}
|
|
138
|
+
const quarters = input.statements.map((set) => set.income.period);
|
|
139
|
+
quarters.forEach((period, index) => {
|
|
140
|
+
if (period.periodType !== 'quarter' || period.fiscalQuarter === undefined) {
|
|
141
|
+
throw new InputError(`trailingTwelveMonthStatements: statements[${index}] must be a fiscal quarter with fiscalQuarter set (a ${period.periodType} period cannot enter a quarter chain).`, { code: ErrorCode.InputWrongShape, context: { field: `statements[${index}]` } });
|
|
142
|
+
}
|
|
143
|
+
});
|
|
144
|
+
for (let index = 1; index < quarters.length; index++) {
|
|
145
|
+
const prior = quarters[index - 1];
|
|
146
|
+
const current = quarters[index];
|
|
147
|
+
const expectedQuarter = prior.fiscalQuarter === 4 ? 1 : prior.fiscalQuarter + 1;
|
|
148
|
+
const expectedYear = prior.fiscalQuarter === 4 ? prior.fiscalYear + 1 : prior.fiscalYear;
|
|
149
|
+
if (current.fiscalQuarter !== expectedQuarter || current.fiscalYear !== expectedYear) {
|
|
150
|
+
throw new InputError(`trailingTwelveMonthStatements: the quarter chain breaks between statements[${index - 1}] (FY${prior.fiscalYear} Q${prior.fiscalQuarter}) and statements[${index}] (FY${current.fiscalYear} Q${current.fiscalQuarter}) — expected FY${expectedYear} Q${expectedQuarter}. A gap or overlap is reported, never annualized over.`, { code: ErrorCode.InputWrongShape, context: { field: `statements[${index}]` } });
|
|
151
|
+
}
|
|
152
|
+
if (current.periodEndDate <= prior.periodEndDate) {
|
|
153
|
+
throw new InputError(`trailingTwelveMonthStatements: period ends must be strictly ascending — statements[${index}] ends ${current.periodEndDate}, not after ${prior.periodEndDate}.`, { code: ErrorCode.InputWrongShape, context: { field: `statements[${index}]` } });
|
|
154
|
+
}
|
|
155
|
+
if (current.currency !== prior.currency || current.monetaryScale !== prior.monetaryScale) {
|
|
156
|
+
throw new InputError(`trailingTwelveMonthStatements: quarters must share one currency and monetary scale — statements[${index}] is ${current.currency} at scale ${current.monetaryScale}, prior is ${prior.currency} at scale ${prior.monetaryScale}.`, { code: ErrorCode.InputWrongShape, context: { field: `statements[${index}]` } });
|
|
157
|
+
}
|
|
158
|
+
}
|
|
159
|
+
const first = quarters[0];
|
|
160
|
+
const last = quarters[3];
|
|
161
|
+
const latest = input.statements[3];
|
|
162
|
+
const availableTimestampMs = Math.max(...input.statements.map((set) => availabilityOf(set)));
|
|
163
|
+
const period = {
|
|
164
|
+
...(first.periodStartDate !== undefined ? { periodStartDate: first.periodStartDate } : {}),
|
|
165
|
+
periodEndDate: last.periodEndDate,
|
|
166
|
+
fiscalYear: last.fiscalYear,
|
|
167
|
+
periodType: 'trailing-twelve-months',
|
|
168
|
+
availableTimestampMs,
|
|
169
|
+
currency: last.currency,
|
|
170
|
+
monetaryScale: last.monetaryScale,
|
|
171
|
+
};
|
|
172
|
+
const incomes = input.statements.map((set) => set.income);
|
|
173
|
+
const cashFlows = input.statements.map((set) => set.cashFlow);
|
|
174
|
+
const income = {
|
|
175
|
+
period,
|
|
176
|
+
revenue: stableSum(incomes.map((row) => row.revenue)),
|
|
177
|
+
operatingIncome: stableSum(incomes.map((row) => row.operatingIncome)),
|
|
178
|
+
netIncome: stableSum(incomes.map((row) => row.netIncome)),
|
|
179
|
+
};
|
|
180
|
+
for (const field of INCOME_FLOW_FIELDS) {
|
|
181
|
+
if (field === 'revenue' || field === 'operatingIncome' || field === 'netIncome')
|
|
182
|
+
continue;
|
|
183
|
+
const total = sumOptional(incomes, field);
|
|
184
|
+
if (total !== undefined)
|
|
185
|
+
income[field] = total;
|
|
186
|
+
}
|
|
187
|
+
const shares = sumOptional(incomes, 'dilutedSharesOutstanding');
|
|
188
|
+
if (shares !== undefined)
|
|
189
|
+
income.dilutedSharesOutstanding = shares / 4;
|
|
190
|
+
const cashFlow = {
|
|
191
|
+
period,
|
|
192
|
+
operatingCashFlow: stableSum(cashFlows.map((row) => row.operatingCashFlow)),
|
|
193
|
+
investingCashFlow: stableSum(cashFlows.map((row) => row.investingCashFlow)),
|
|
194
|
+
financingCashFlow: stableSum(cashFlows.map((row) => row.financingCashFlow)),
|
|
195
|
+
};
|
|
196
|
+
for (const field of CASH_FLOW_FLOW_FIELDS) {
|
|
197
|
+
if (field === 'operatingCashFlow' ||
|
|
198
|
+
field === 'investingCashFlow' ||
|
|
199
|
+
field === 'financingCashFlow')
|
|
200
|
+
continue;
|
|
201
|
+
const total = sumOptional(cashFlows, field);
|
|
202
|
+
if (total !== undefined)
|
|
203
|
+
cashFlow[field] = total;
|
|
204
|
+
}
|
|
205
|
+
const balance = { ...latest.balance, period };
|
|
206
|
+
delete balance['metadata'];
|
|
207
|
+
return requireRepresentableResult('trailingTwelveMonthStatements', {
|
|
208
|
+
income,
|
|
209
|
+
balance,
|
|
210
|
+
cashFlow,
|
|
211
|
+
});
|
|
212
|
+
}
|
|
213
|
+
const STRICT_DATE = /^\d{4}-\d{2}-\d{2}$/;
|
|
214
|
+
/** Shape via the regex, then the REAL calendar: `2025-02-30` must teach, never normalize. */
|
|
215
|
+
const isCalendarDate = (value) => {
|
|
216
|
+
try {
|
|
217
|
+
isoDateToEpochMs(value);
|
|
218
|
+
return true;
|
|
219
|
+
}
|
|
220
|
+
catch {
|
|
221
|
+
return false;
|
|
222
|
+
}
|
|
223
|
+
};
|
|
224
|
+
function yearsBetween(fromDate, toDate) {
|
|
225
|
+
const from = Date.UTC(Number(fromDate.slice(0, 4)), Number(fromDate.slice(5, 7)) - 1, Number(fromDate.slice(8, 10)));
|
|
226
|
+
const to = Date.UTC(Number(toDate.slice(0, 4)), Number(toDate.slice(5, 7)) - 1, Number(toDate.slice(8, 10)));
|
|
227
|
+
return (to - from) / (365 * 24 * 60 * 60 * 1000);
|
|
228
|
+
}
|
|
229
|
+
/** Period-over-period and compound annual growth of one fundamental amount. */
|
|
230
|
+
export function fundamentalGrowth(input) {
|
|
231
|
+
requireArgumentObject('fundamentalGrowth', 'input', input);
|
|
232
|
+
ensureKnownKeys('fundamentalGrowth', 'input', input, ['observations']);
|
|
233
|
+
if (!Array.isArray(input.observations) || input.observations.length < 2) {
|
|
234
|
+
throw new InputError(`fundamentalGrowth: observations needs at least two rows.\n e.g. fundamentalGrowth({ observations: [{ periodEndDate: '2024-12-31', amount: 100 }, { periodEndDate: '2025-12-31', amount: 120 }] })`, { code: ErrorCode.InputOutOfRange, context: { field: 'observations' } });
|
|
235
|
+
}
|
|
236
|
+
input.observations.forEach((row, index) => {
|
|
237
|
+
requireArgumentObject('fundamentalGrowth', `observations[${index}]`, row);
|
|
238
|
+
ensureKnownKeys('fundamentalGrowth', `observations[${index}]`, row, [
|
|
239
|
+
'periodEndDate',
|
|
240
|
+
'amount',
|
|
241
|
+
]);
|
|
242
|
+
if (typeof row.periodEndDate !== 'string' ||
|
|
243
|
+
!STRICT_DATE.test(row.periodEndDate) ||
|
|
244
|
+
!isCalendarDate(row.periodEndDate)) {
|
|
245
|
+
throw new InputError(`fundamentalGrowth: observations[${index}].periodEndDate must be a strict YYYY-MM-DD calendar date. Received ${row.periodEndDate === null ? 'null' : JSON.stringify(row.periodEndDate)}.`, {
|
|
246
|
+
code: ErrorCode.InputWrongType,
|
|
247
|
+
context: { field: `observations[${index}].periodEndDate` },
|
|
248
|
+
});
|
|
249
|
+
}
|
|
250
|
+
if (typeof row.amount !== 'number' || !Number.isFinite(row.amount)) {
|
|
251
|
+
throw new InputError(`fundamentalGrowth: observations[${index}].amount must be a finite number. Received ${row.amount === null ? 'null' : typeof row.amount === 'number' ? String(row.amount) : typeof row.amount}.`, { code: ErrorCode.InputWrongType, context: { field: `observations[${index}].amount` } });
|
|
252
|
+
}
|
|
253
|
+
if (index > 0 && row.periodEndDate <= input.observations[index - 1].periodEndDate) {
|
|
254
|
+
throw new InputError(`fundamentalGrowth: observations must be strictly ascending by periodEndDate — observations[${index}] (${row.periodEndDate}) does not follow ${input.observations[index - 1].periodEndDate}.`, { code: ErrorCode.InputWrongShape, context: { field: `observations[${index}]` } });
|
|
255
|
+
}
|
|
256
|
+
});
|
|
257
|
+
const periodOverPeriod = [];
|
|
258
|
+
for (let index = 1; index < input.observations.length; index++) {
|
|
259
|
+
const prior = input.observations[index - 1];
|
|
260
|
+
const current = input.observations[index];
|
|
261
|
+
if (prior.amount === 0) {
|
|
262
|
+
periodOverPeriod.push({
|
|
263
|
+
fromPeriodEndDate: prior.periodEndDate,
|
|
264
|
+
toPeriodEndDate: current.periodEndDate,
|
|
265
|
+
growth: null,
|
|
266
|
+
reason: 'prior amount is zero — growth from zero has no defined rate',
|
|
267
|
+
});
|
|
268
|
+
}
|
|
269
|
+
else if (prior.amount < 0 !== current.amount < 0 && current.amount !== 0) {
|
|
270
|
+
periodOverPeriod.push({
|
|
271
|
+
fromPeriodEndDate: prior.periodEndDate,
|
|
272
|
+
toPeriodEndDate: current.periodEndDate,
|
|
273
|
+
growth: null,
|
|
274
|
+
reason: 'the amounts cross sign — a growth rate through zero has no meaningful magnitude',
|
|
275
|
+
});
|
|
276
|
+
}
|
|
277
|
+
else {
|
|
278
|
+
periodOverPeriod.push({
|
|
279
|
+
fromPeriodEndDate: prior.periodEndDate,
|
|
280
|
+
toPeriodEndDate: current.periodEndDate,
|
|
281
|
+
growth: current.amount / prior.amount - 1,
|
|
282
|
+
});
|
|
283
|
+
}
|
|
284
|
+
}
|
|
285
|
+
const first = input.observations[0];
|
|
286
|
+
const last = input.observations[input.observations.length - 1];
|
|
287
|
+
const elapsedYears = yearsBetween(first.periodEndDate, last.periodEndDate);
|
|
288
|
+
let compoundAnnualGrowthRate = null;
|
|
289
|
+
let compoundAnnualGrowthReason;
|
|
290
|
+
if (first.amount <= 0) {
|
|
291
|
+
compoundAnnualGrowthReason =
|
|
292
|
+
'the beginning amount is not positive — a compound rate needs a positive base';
|
|
293
|
+
}
|
|
294
|
+
else if (last.amount < 0) {
|
|
295
|
+
compoundAnnualGrowthReason =
|
|
296
|
+
'the ending amount is negative — the endpoints cross sign and no real compound rate exists';
|
|
297
|
+
}
|
|
298
|
+
else if (elapsedYears <= 0) {
|
|
299
|
+
compoundAnnualGrowthReason = 'no time elapsed between the first and last observations';
|
|
300
|
+
}
|
|
301
|
+
else {
|
|
302
|
+
compoundAnnualGrowthRate = Math.pow(last.amount / first.amount, 1 / elapsedYears) - 1;
|
|
303
|
+
}
|
|
304
|
+
const warnings = periodOverPeriod
|
|
305
|
+
.filter((row) => row.reason !== undefined)
|
|
306
|
+
.map((row) => `${row.fromPeriodEndDate} → ${row.toPeriodEndDate}: ${row.reason}`);
|
|
307
|
+
if (compoundAnnualGrowthReason !== undefined) {
|
|
308
|
+
warnings.push(`compound annual growth: ${compoundAnnualGrowthReason}`);
|
|
309
|
+
}
|
|
310
|
+
return requireRepresentableResult('fundamentalGrowth', {
|
|
311
|
+
assumptions: {
|
|
312
|
+
elapsedYearsBasis: 'ACT/365F between period end dates',
|
|
313
|
+
observationCount: input.observations.length,
|
|
314
|
+
},
|
|
315
|
+
diagnostics: { warnings },
|
|
316
|
+
periodOverPeriod,
|
|
317
|
+
compoundAnnualGrowthRate,
|
|
318
|
+
...(compoundAnnualGrowthReason !== undefined ? { compoundAnnualGrowthReason } : {}),
|
|
319
|
+
elapsedYears,
|
|
320
|
+
});
|
|
321
|
+
}
|
|
322
|
+
/**
|
|
323
|
+
* Common-size statements: every reported numeric line divided by its conventional base — income
|
|
324
|
+
* and cash-flow lines by revenue, balance lines by total assets. Fractions, never display
|
|
325
|
+
* percentages. A zero base is an error naming itself, not an Infinity.
|
|
326
|
+
*/
|
|
327
|
+
export function commonSizeFinancialStatements(input) {
|
|
328
|
+
requireArgumentObject('commonSizeFinancialStatements', 'input', input);
|
|
329
|
+
ensureKnownKeys('commonSizeFinancialStatements', 'input', input, ['statements']);
|
|
330
|
+
requireFinancialStatements('commonSizeFinancialStatements', input.statements);
|
|
331
|
+
const { income, balance, cashFlow } = input.statements;
|
|
332
|
+
if (income.revenue === 0) {
|
|
333
|
+
throw new InputError('commonSizeFinancialStatements: revenue is zero — income and cash-flow lines have no common-size base.', { code: ErrorCode.InputOutOfRange, context: { field: 'statements.income.revenue' } });
|
|
334
|
+
}
|
|
335
|
+
if (balance.totalAssets === 0) {
|
|
336
|
+
throw new InputError('commonSizeFinancialStatements: totalAssets is zero — balance lines have no common-size base.', { code: ErrorCode.InputOutOfRange, context: { field: 'statements.balance.totalAssets' } });
|
|
337
|
+
}
|
|
338
|
+
const over = (statement, base) => {
|
|
339
|
+
const lines = {};
|
|
340
|
+
for (const [field, value] of Object.entries(statement)) {
|
|
341
|
+
if (field === 'period' || field === 'metadata')
|
|
342
|
+
continue;
|
|
343
|
+
if (typeof value === 'number')
|
|
344
|
+
lines[field] = value / base;
|
|
345
|
+
}
|
|
346
|
+
return lines;
|
|
347
|
+
};
|
|
348
|
+
return requireRepresentableResult('commonSizeFinancialStatements', {
|
|
349
|
+
assumptions: { incomeBasis: 'revenue', balanceBasis: 'totalAssets', cashFlowBasis: 'revenue' },
|
|
350
|
+
diagnostics: { warnings: [] },
|
|
351
|
+
income: {
|
|
352
|
+
basis: 'revenue',
|
|
353
|
+
lines: over(income, income.revenue),
|
|
354
|
+
},
|
|
355
|
+
balance: {
|
|
356
|
+
basis: 'totalAssets',
|
|
357
|
+
lines: over(balance, balance.totalAssets),
|
|
358
|
+
},
|
|
359
|
+
cashFlow: {
|
|
360
|
+
basis: 'revenue',
|
|
361
|
+
lines: over(cashFlow, income.revenue),
|
|
362
|
+
},
|
|
363
|
+
});
|
|
364
|
+
}
|
|
365
|
+
/**
|
|
366
|
+
* Accounting-identity diagnostics: the balance-sheet identity, gross-profit articulation,
|
|
367
|
+
* current-versus-total containment, and — with the prior period — cash articulation
|
|
368
|
+
* (`Δcash = operating + investing + financing`). A check whose fields are absent reports `null`,
|
|
369
|
+
* never a silent pass presented as proof.
|
|
370
|
+
*/
|
|
371
|
+
export function reconcileFinancialStatements(input) {
|
|
372
|
+
requireArgumentObject('reconcileFinancialStatements', 'input', input);
|
|
373
|
+
ensureKnownKeys('reconcileFinancialStatements', 'input', input, [
|
|
374
|
+
'statements',
|
|
375
|
+
'priorStatements',
|
|
376
|
+
'toleranceAmount',
|
|
377
|
+
]);
|
|
378
|
+
requireFinancialStatements('reconcileFinancialStatements', input.statements);
|
|
379
|
+
if (input.priorStatements !== undefined) {
|
|
380
|
+
requireFinancialStatements('reconcileFinancialStatements', input.priorStatements);
|
|
381
|
+
}
|
|
382
|
+
if (input.toleranceAmount !== undefined &&
|
|
383
|
+
(typeof input.toleranceAmount !== 'number' ||
|
|
384
|
+
!Number.isFinite(input.toleranceAmount) ||
|
|
385
|
+
input.toleranceAmount < 0)) {
|
|
386
|
+
throw new InputError(`reconcileFinancialStatements: toleranceAmount must be a finite number ≥ 0 in reported units. Received ${input.toleranceAmount === null ? 'null' : String(input.toleranceAmount)}.`, { code: ErrorCode.InputOutOfRange, context: { field: 'toleranceAmount' } });
|
|
387
|
+
}
|
|
388
|
+
const toleranceAmount = input.toleranceAmount ?? 1;
|
|
389
|
+
const { income, balance, cashFlow } = input.statements;
|
|
390
|
+
const checks = [];
|
|
391
|
+
const push = (name, left, right, detail) => {
|
|
392
|
+
if (left === undefined || right === undefined) {
|
|
393
|
+
checks.push({
|
|
394
|
+
name,
|
|
395
|
+
difference: null,
|
|
396
|
+
withinTolerance: null,
|
|
397
|
+
detail: `${detail} — not evaluable: a required field is absent`,
|
|
398
|
+
});
|
|
399
|
+
return;
|
|
400
|
+
}
|
|
401
|
+
const difference = left - right;
|
|
402
|
+
checks.push({
|
|
403
|
+
name,
|
|
404
|
+
difference,
|
|
405
|
+
withinTolerance: Math.abs(difference) <= toleranceAmount,
|
|
406
|
+
detail,
|
|
407
|
+
});
|
|
408
|
+
};
|
|
409
|
+
push('balance-sheet identity', balance.totalAssets, stableSum([balance.totalLiabilities, balance.totalEquity]), 'totalAssets = totalLiabilities + totalEquity');
|
|
410
|
+
push('gross-profit articulation', income.grossProfit, income.costOfRevenue === undefined
|
|
411
|
+
? undefined
|
|
412
|
+
: stableSum([income.revenue, -income.costOfRevenue]), 'grossProfit = revenue - costOfRevenue');
|
|
413
|
+
push('operating-income articulation', income.grossProfit === undefined || income.operatingExpenses === undefined
|
|
414
|
+
? undefined
|
|
415
|
+
: income.grossProfit - income.operatingExpenses, income.operatingIncome, 'grossProfit - operatingExpenses = operatingIncome');
|
|
416
|
+
if (balance.currentAssets !== undefined &&
|
|
417
|
+
balance.currentAssets > balance.totalAssets + toleranceAmount) {
|
|
418
|
+
checks.push({
|
|
419
|
+
name: 'current-assets containment',
|
|
420
|
+
difference: balance.currentAssets - balance.totalAssets,
|
|
421
|
+
withinTolerance: false,
|
|
422
|
+
detail: 'currentAssets must not exceed totalAssets',
|
|
423
|
+
});
|
|
424
|
+
}
|
|
425
|
+
if (input.priorStatements !== undefined) {
|
|
426
|
+
push('cash articulation', balance.cashAndCashEquivalents - input.priorStatements.balance.cashAndCashEquivalents, stableSum([
|
|
427
|
+
cashFlow.operatingCashFlow,
|
|
428
|
+
cashFlow.investingCashFlow,
|
|
429
|
+
cashFlow.financingCashFlow,
|
|
430
|
+
]), 'Δ cashAndCashEquivalents = operating + investing + financing cash flow (no FX translation supplied)');
|
|
431
|
+
}
|
|
432
|
+
const evaluable = checks.filter((check) => check.withinTolerance !== null);
|
|
433
|
+
const warnings = checks
|
|
434
|
+
.filter((check) => check.withinTolerance !== true)
|
|
435
|
+
.map((check) => check.withinTolerance === null
|
|
436
|
+
? `${check.name}: not evaluable (a required field is absent)`
|
|
437
|
+
: `${check.name}: off by ${check.difference} (beyond tolerance ${toleranceAmount})`);
|
|
438
|
+
return requireRepresentableResult('reconcileFinancialStatements', {
|
|
439
|
+
assumptions: { toleranceAmount },
|
|
440
|
+
diagnostics: { warnings },
|
|
441
|
+
checks,
|
|
442
|
+
toleranceAmount,
|
|
443
|
+
reconciles: evaluable.every((check) => check.withinTolerance === true),
|
|
444
|
+
});
|
|
445
|
+
}
|
|
446
|
+
/**
|
|
447
|
+
* Split-aware per-share normalization: the period's diluted shares are multiplied by the supplied
|
|
448
|
+
* cumulative split factor so a pre-split period and a post-split observer meet on one basis. The
|
|
449
|
+
* factor and the shares used are echoed; shares absent or non-positive is an error, never a NaN.
|
|
450
|
+
*/
|
|
451
|
+
export function perShareFundamentals(input) {
|
|
452
|
+
requireArgumentObject('perShareFundamentals', 'input', input);
|
|
453
|
+
ensureKnownKeys('perShareFundamentals', 'input', input, ['statements', 'splitFactorSincePeriod']);
|
|
454
|
+
requireFinancialStatements('perShareFundamentals', input.statements);
|
|
455
|
+
if (input.splitFactorSincePeriod !== undefined &&
|
|
456
|
+
(typeof input.splitFactorSincePeriod !== 'number' ||
|
|
457
|
+
!Number.isFinite(input.splitFactorSincePeriod) ||
|
|
458
|
+
input.splitFactorSincePeriod <= 0)) {
|
|
459
|
+
throw new InputError(`perShareFundamentals: splitFactorSincePeriod must be a finite number > 0 (e.g. 2 after a 2-for-1 split). Received ${input.splitFactorSincePeriod === null ? 'null' : String(input.splitFactorSincePeriod)}.`, { code: ErrorCode.InputOutOfRange, context: { field: 'splitFactorSincePeriod' } });
|
|
460
|
+
}
|
|
461
|
+
const splitFactorSincePeriod = input.splitFactorSincePeriod ?? 1;
|
|
462
|
+
const reportedShares = input.statements.income.dilutedSharesOutstanding;
|
|
463
|
+
if (reportedShares === undefined || reportedShares <= 0) {
|
|
464
|
+
throw new InputError(`perShareFundamentals: income.dilutedSharesOutstanding must be present and > 0 — per-share metrics require split-adjusted diluted shares for the period. Received ${reportedShares === undefined ? 'absent' : String(reportedShares)}.`, {
|
|
465
|
+
code: reportedShares === undefined ? ErrorCode.InputMissingField : ErrorCode.InputOutOfRange,
|
|
466
|
+
context: { field: 'statements.income.dilutedSharesOutstanding' },
|
|
467
|
+
});
|
|
468
|
+
}
|
|
469
|
+
const dilutedSharesUsed = reportedShares * splitFactorSincePeriod;
|
|
470
|
+
const { income, balance, cashFlow } = input.statements;
|
|
471
|
+
const capitalExpenditure = cashFlow.capitalExpenditure;
|
|
472
|
+
// Per-share values are ABSOLUTE currency per share — a share count is a count, so the amount
|
|
473
|
+
// side carries the reporting scale.
|
|
474
|
+
const scale = income.period.monetaryScale;
|
|
475
|
+
return requireRepresentableResult('perShareFundamentals', {
|
|
476
|
+
assumptions: {
|
|
477
|
+
splitFactorSincePeriod,
|
|
478
|
+
dilutedSharesUsed,
|
|
479
|
+
unitBasis: 'absolute currency per share',
|
|
480
|
+
},
|
|
481
|
+
diagnostics: {
|
|
482
|
+
warnings: capitalExpenditure === undefined
|
|
483
|
+
? ['capitalExpenditure is absent — free cash flow per share cannot be formed']
|
|
484
|
+
: [],
|
|
485
|
+
},
|
|
486
|
+
dilutedSharesUsed,
|
|
487
|
+
splitFactorSincePeriod,
|
|
488
|
+
earningsPerShare: (income.netIncome * scale) / dilutedSharesUsed,
|
|
489
|
+
revenuePerShare: (income.revenue * scale) / dilutedSharesUsed,
|
|
490
|
+
bookValuePerShare: (balance.totalEquity * scale) / dilutedSharesUsed,
|
|
491
|
+
freeCashFlowPerShare: capitalExpenditure === undefined
|
|
492
|
+
? null
|
|
493
|
+
: ((cashFlow.operatingCashFlow - capitalExpenditure) * scale) / dilutedSharesUsed,
|
|
494
|
+
...(capitalExpenditure === undefined
|
|
495
|
+
? {
|
|
496
|
+
freeCashFlowPerShareReason: 'capitalExpenditure is absent — free cash flow (operatingCashFlow - capitalExpenditure) cannot be formed',
|
|
497
|
+
}
|
|
498
|
+
: {}),
|
|
499
|
+
});
|
|
500
|
+
}
|
|
501
|
+
//# sourceMappingURL=statement-utilities.js.map
|
|
@@ -0,0 +1 @@
|
|
|
1
|
+
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@@ -0,0 +1,8 @@
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1
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/**
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2
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* `@insiderfinance/totalfinance/fundamentals/statements` — the typed statement contracts and the utilities over them
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3
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* (FC2). Statement TRUTH lives here; ratios and scores consume it.
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4
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*/
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5
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export type { BalanceSheet, CashFlowStatement, FinancialStatements, FundamentalSeries, FundamentalSnapshot, IncomeStatement, RestatementPolicy, } from './statement-contracts.js';
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6
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export { requireBalanceSheet, requireCashFlowStatement, requireFinancialStatements, requireIncomeStatement, statementsAvailableTimestampMs, } from './statement-contracts.js';
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7
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export * from './statement-utilities.js';
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8
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//# sourceMappingURL=statements.d.ts.map
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{"version":3,"file":"statements.d.ts","sourceRoot":"","sources":["../src/statements.ts"],"names":[],"mappings":"AAAA;;;GAGG;AAEH,YAAY,EACV,YAAY,EACZ,iBAAiB,EACjB,mBAAmB,EACnB,iBAAiB,EACjB,mBAAmB,EACnB,eAAe,EACf,iBAAiB,GAClB,MAAM,0BAA0B,CAAC;AAClC,OAAO,EACL,mBAAmB,EACnB,wBAAwB,EACxB,0BAA0B,EAC1B,sBAAsB,EACtB,8BAA8B,GAC/B,MAAM,0BAA0B,CAAC;AAClC,cAAc,0BAA0B,CAAC"}
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/**
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* `@insiderfinance/totalfinance/fundamentals/statements` — the typed statement contracts and the utilities over them
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* (FC2). Statement TRUTH lives here; ratios and scores consume it.
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*/
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export { requireBalanceSheet, requireCashFlowStatement, requireFinancialStatements, requireIncomeStatement, statementsAvailableTimestampMs, } from './statement-contracts.js';
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export * from './statement-utilities.js';
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//# sourceMappingURL=statements.js.map
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{"version":3,"file":"statements.js","sourceRoot":"","sources":["../src/statements.ts"],"names":[],"mappings":"AAAA;;;GAGG;AAWH,OAAO,EACL,mBAAmB,EACnB,wBAAwB,EACxB,0BAA0B,EAC1B,sBAAsB,EACtB,8BAA8B,GAC/B,MAAM,0BAA0B,CAAC;AAClC,cAAc,0BAA0B,CAAC"}
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