def earnings_before_interest_and_taxes(
stock: str,
date: datetime = datetime.now(),
lookback_period: timedelta = timedelta(days=0),
period: str = ''):
return earnings_before_taxes(stock=stock, date=date, lookback_period=lookback_period, period=period) \
+ fi.income_tax_expense(stock=stock, date=date, lookback_period=lookback_period, period=period)
def earnings_before_taxes(stock: str, date: datetime = datetime.now(), lookback_period: timedelta = timedelta(days=0),
period: str = ''):
directly_from_statement = fi.read_financial_statement_entry(financial_statement='Income Statement', stock=stock,
entry_name=[
'Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest',
' '],
date=date, lookback_period=lookback_period,
period=period)
if not np.isnan(directly_from_statement):
return directly_from_statement
else:
return fi.net_income(stock=stock, date=date, lookback_period=lookback_period, period=period) \
+ fi.income_tax_expense(stock=stock, date=date, lookback_period=lookback_period, period=period)
def cost_of_debt(stock,
date=datetime.now(),
lookback_period=timedelta(days=0),
period: str = 'FY'):
interest_rate = fi.interest_expense(
stock=stock, date=date, lookback_period=lookback_period, period=period
) / fi.total_long_term_debt(
stock=stock, date=date, lookback_period=lookback_period, period=period)
tax_rate = fi.income_tax_expense(
stock=stock, date=date, lookback_period=lookback_period, period=period
) / me.earnings_before_taxes(
stock=stock, date=date, lookback_period=lookback_period, period=period)
return abs(interest_rate * (1 - tax_rate))
def effective_tax_rate(stock: str, date: datetime = datetime.now(), lookback_period: timedelta = timedelta(days=0),
period: str = ''):
return fi.income_tax_expense(stock=stock, date=date, lookback_period=lookback_period, period=period) \
/ earnings_before_taxes(stock=stock, date=date, lookback_period=lookback_period, period=period)