def debt(
stock: str,
date: datetime = datetime.now(),
lookback_period: timedelta = timedelta(days=0),
period: str = '',
only_interest_expense=False, # any interest-bearing liability to qualify
all_liabilities=False, # including accounts payable and deferred income
long_term_debt=True, # and its associated currently due portion (measures capital structure)
exclude_current_portion_long_term_debt=False # if true then also above should be true
):
if long_term_debt:
if not exclude_current_portion_long_term_debt:
return fi.total_long_term_debt(stock=stock,
date=date,
lookback_period=lookback_period,
period=period)
else:
return fi.long_term_debt_excluding_current_portion(
stock=stock,
date=date,
lookback_period=lookback_period,
period=period)
if all_liabilities:
return fi.total_liabilities(stock=stock,
date=date,
lookback_period=lookback_period,
period=period)
if only_interest_expense:
return fi.interest_expense(stock=stock,
date=date,
lookback_period=lookback_period,
period=period)
def debt_service(stock: str,
date: datetime = datetime.now(),
lookback_period: timedelta = timedelta(days=0),
period: str = ''):
return fi.interest_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))