public BalanceSheetCollection ProjectBalanceSheets(string symbol, int fromYear, int yrsToProject, IncomeStatementCollection incs)
{
BalanceSheetCollection balProjections = BalanceSheetBL.Instance.GetBalanceSheets(symbol, fromYear - 2, fromYear);
if (balProjections == null || balProjections.Count < 1)
{
throw new Exception("Not enough Balance Sheet Data");
}
for (int i = fromYear + 1; i < fromYear + yrsToProject + 1; i++)
{
IncomeStatement thisInc = incs.Find(i);
if (thisInc != null)
{
balProjections.Add(new BalanceSheet(
incs[0].Symbol,
i,
thisInc.Revenue * GetAvgPercentOfSales("CurrentAssets", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("CurrentLiabilities", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Ppe", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Cash", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Debt", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("ShareholdersEquity", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("TotalAssets", balProjections, incs)
));
}
}
return(balProjections);
}
public IncomeStatementCollection ProjectIncomeStatementsAvgRevenueGrowth(string symbol, int fromYear, int yrsToProject)
{
IncomeStatementCollection incProjections = IncomeStatementBL.Instance.GetIncomeStatements(symbol, fromYear - 2, fromYear);
CheckEnoughIncomeStatements(incProjections);
decimal avgGrowthRate = GetRevenueAverageGrowthRate(incProjections);
for (int i = fromYear + 1; i < fromYear + yrsToProject + 1; i++)
{
IncomeStatement lastYrInc = incProjections.Find(i - 1);
if (lastYrInc != null)
{
incProjections.Add(new IncomeStatement(
incProjections[0].Symbol,
i,
lastYrInc.Revenue * (1 + avgGrowthRate),
lastYrInc.Revenue * (1 + avgGrowthRate) * GetAvgPercentOfSales("Cogs", incProjections),
lastYrInc.Revenue * (1 + avgGrowthRate) * GetAvgPercentOfSales("OperatingExpenses", incProjections),
lastYrInc.Revenue * (1 + avgGrowthRate) * GetAvgPercentOfSales("Depreciation", incProjections),
lastYrInc.Revenue * (1 + avgGrowthRate) * GetAvgPercentOfSales("NetIncome", incProjections),
lastYrInc.Revenue * (1 + avgGrowthRate) * GetAvgPercentOfSales("CapitalExpenditures", incProjections)
));
}
}
return(incProjections);
}
public BalanceSheetCollection ProjectBalanceSheets(string symbol, int fromYear, int yrsToProject, IncomeStatementCollection incs)
{
BalanceSheetCollection balProjections = BalanceSheetBL.Instance.GetBalanceSheets(symbol, fromYear - 2, fromYear);
if (balProjections == null || balProjections.Count < 1)
{
throw new Exception("Not enough Balance Sheet Data");
}
for (int i = fromYear + 1; i < fromYear + yrsToProject + 1; i++)
{
IncomeStatement thisInc = incs.Find(i);
if (thisInc != null)
{
balProjections.Add(new BalanceSheet(
incs[0].Symbol,
i,
thisInc.Revenue * GetAvgPercentOfSales("CurrentAssets", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("CurrentLiabilities", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Ppe", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Cash", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("Debt", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("ShareholdersEquity", balProjections, incs),
thisInc.Revenue * GetAvgPercentOfSales("TotalAssets", balProjections, incs)
));
}
}
return balProjections;
}
public IncomeStatementCollection ProjectIncomeStatementsDecayRevenueGrowth(string symbol, int fromYear, int yrsToProject, decimal endGrowth)
{
IncomeStatementCollection incProjections = IncomeStatementBL.Instance.GetIncomeStatements(symbol, fromYear - 2, fromYear);
CheckEnoughIncomeStatements(incProjections);
decimal[] yoyGrowth = GetDecayGrowthRates(yrsToProject, endGrowth, incProjections);
int j = 0;
for (int i = fromYear + 1; i < fromYear + yrsToProject + 1; i++)
{
IncomeStatement lastYrInc = incProjections.Find(i - 1);
if (lastYrInc != null)
{
incProjections.Add(new IncomeStatement(
incProjections[0].Symbol,
i,
lastYrInc.Revenue * (1 + yoyGrowth[j]),
lastYrInc.Revenue * (1 + yoyGrowth[j]) * GetAvgPercentOfSales("Cogs", incProjections),
lastYrInc.Revenue * (1 + yoyGrowth[j]) * GetAvgPercentOfSales("OperatingExpenses", incProjections),
lastYrInc.Revenue * (1 + yoyGrowth[j]) * GetAvgPercentOfSales("Depreciation", incProjections),
lastYrInc.Revenue * (1 + yoyGrowth[j]) * GetAvgPercentOfSales("NetIncome", incProjections),
lastYrInc.Revenue * (1 + yoyGrowth[j]) * GetAvgPercentOfSales("CapitalExpenditures", incProjections)
));
}
j++;
}
return(incProjections);
}
public void GetCashFlowStatementData(string symbol, int year, int yearsToLoad, IncomeStatementCollection incs)
{
Dictionary <int, Dictionary <string, decimal> > values = new Dictionary <int, Dictionary <string, decimal> >();
Dictionary <string, decimal> bs2012 = new Dictionary <string, decimal>();
Dictionary <string, decimal> bs2011 = new Dictionary <string, decimal>();
Dictionary <string, decimal> bs2010 = new Dictionary <string, decimal>();
string url = "http://finance.yahoo.com/q/cf?s=" + symbol + "+Cash+Flow&annual";
HtmlDocument doc = new HtmlWeb().Load(url);
foreach (HtmlNode div in doc.DocumentNode.SelectNodes("//td[@colspan='2']"))
{
if (div.InnerHtml.Contains("Depreciation"))
{
bs2012.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml));
bs2011.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
bs2010.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
}
else if (div.InnerHtml.Contains("Capital Expenditures"))
{
bs2012.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml) * -1);
bs2011.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml) * -1);
bs2010.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml) * -1);
}
//else if (div.InnerHtml.Equals("Investments"))
//{
// bs2012.Add("Investments", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml));
// bs2011.Add("Investments", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
// bs2010.Add("Investments", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
//}
}
values.Add(2010, bs2010);
values.Add(2011, bs2011);
values.Add(2012, bs2012);
for (int y = year; y > year - yearsToLoad; y--)
{
if (values.ContainsKey(y))
{
incs.Find(y).Depreciation = values[y]["Depreciation"];
incs.Find(y).CapitalExpenditures = values[y]["Capital Expenditures"];
}
}
}
private void EnterFinancialData(IncomeStatementCollection incs, BalanceSheetCollection bals, CompanyAnnualData cad, int year, int yearsToLoad)
{
CompanyAnnualDataBL.Instance.UpdateCompanyAnnual(cad);
for (int y = year; y > year - yearsToLoad; y--)
{
IncomeStatementBL.Instance.UpdateIncomeStatement(incs.Find(y));
BalanceSheetBL.Instance.UpdateBalanceSheet(bals.Find(y));
}
}
public FreeCashFlowCollection CalculateFreeCashFlow(string symbol, int year, int yrsToProject, IncomeStatementCollection incomeStatementProjection)
{
FreeCashFlowCollection fcfs = null;
MarketParameters mktParms = MarketParametersBL.Instance.GetMarketParameters();
BalanceSheetProjectionBL bsProjectionBL = new BalanceSheetProjectionBL();
BalanceSheetCollection bsProjections = bsProjectionBL.ProjectBalanceSheets(symbol, year, yrsToProject, incomeStatementProjection);
if (incomeStatementProjection != null && bsProjections != null)
{
fcfs = new FreeCashFlowCollection();
for (int i = year + 1; i < year + yrsToProject + 1; i++)
{
IncomeStatement inc = incomeStatementProjection.Find(i);
BalanceSheet bs = bsProjections.Find(i);
BalanceSheet lastYrBs = bsProjections.Find(i - 1);
if (inc != null && bs != null)
{
fcfs.Add(new FreeCashFlow(
symbol,
i,
inc.NOP(mktParms.TaxRate),
inc.NetIncome,
(bs.Ppe - lastYrBs.Ppe + inc.Depreciation),
bs.WorkingCapital,
bs.WorkingCapital - lastYrBs.WorkingCapital,
inc.Depreciation,
bs.InvestedCapital
));
}
}
}
return(fcfs);
}
public FreeCashFlowCollection CalculateFreeCashFlow(string symbol, int year, int yrsToProject ,IncomeStatementCollection incomeStatementProjection)
{
FreeCashFlowCollection fcfs = null;
MarketParameters mktParms = MarketParametersBL.Instance.GetMarketParameters();
BalanceSheetProjectionBL bsProjectionBL = new BalanceSheetProjectionBL();
BalanceSheetCollection bsProjections = bsProjectionBL.ProjectBalanceSheets(symbol, year, yrsToProject, incomeStatementProjection);
if (incomeStatementProjection != null && bsProjections != null)
{
fcfs = new FreeCashFlowCollection();
for (int i = year + 1; i < year + yrsToProject + 1; i++)
{
IncomeStatement inc = incomeStatementProjection.Find(i);
BalanceSheet bs = bsProjections.Find(i);
BalanceSheet lastYrBs = bsProjections.Find(i - 1);
if (inc != null && bs != null)
{
fcfs.Add(new FreeCashFlow(
symbol,
i,
inc.NOP(mktParms.TaxRate),
inc.NetIncome,
(bs.Ppe - lastYrBs.Ppe + inc.Depreciation),
bs.WorkingCapital,
bs.WorkingCapital -lastYrBs.WorkingCapital,
inc.Depreciation,
bs.InvestedCapital
));
}
}
}
return fcfs;
}
public void GetCashFlowStatementData(string symbol, int year, int yearsToLoad, IncomeStatementCollection incs)
{
Dictionary<int, Dictionary<string, decimal>> values = new Dictionary<int, Dictionary<string, decimal>>();
Dictionary<string, decimal> bs2012 = new Dictionary<string, decimal>();
Dictionary<string, decimal> bs2011 = new Dictionary<string, decimal>();
Dictionary<string, decimal> bs2010 = new Dictionary<string, decimal>();
string url = "http://finance.yahoo.com/q/cf?s=" + symbol + "+Cash+Flow&annual";
HtmlDocument doc = new HtmlWeb().Load(url);
foreach (HtmlNode div in doc.DocumentNode.SelectNodes("//td[@colspan='2']"))
{
if (div.InnerHtml.Contains("Depreciation"))
{
bs2012.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml));
bs2011.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
bs2010.Add("Depreciation", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
}
else if (div.InnerHtml.Contains("Capital Expenditures"))
{
bs2012.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml) * -1);
bs2011.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml) * -1);
bs2010.Add("Capital Expenditures", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml) * -1);
}
//else if (div.InnerHtml.Equals("Investments"))
//{
// bs2012.Add("Investments", GetValueFromInnerHtml(div.NextSibling.ChildNodes[0].InnerHtml));
// bs2011.Add("Investments", GetValueFromInnerHtml(div.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
// bs2010.Add("Investments", GetValueFromInnerHtml(div.NextSibling.NextSibling.NextSibling.ChildNodes[0].InnerHtml));
//}
}
values.Add(2010, bs2010);
values.Add(2011, bs2011);
values.Add(2012, bs2012);
for (int y = year; y > year - yearsToLoad; y--)
{
if (values.ContainsKey(y))
{
incs.Find(y).Depreciation = values[y]["Depreciation"];
incs.Find(y).CapitalExpenditures = values[y]["Capital Expenditures"];
}
}
}
private void EnterFinancialData(IncomeStatementCollection incs, BalanceSheetCollection bals, CompanyAnnualData cad, int year, int yearsToLoad)
{
CompanyAnnualDataBL.Instance.UpdateCompanyAnnual(cad);
for (int y = year; y > year - yearsToLoad; y--)
{
IncomeStatementBL.Instance.UpdateIncomeStatement(incs.Find(y));
BalanceSheetBL.Instance.UpdateBalanceSheet(bals.Find(y));
}
}
