def test_get_cost_of_debt_happy(self):
fundamental = {
'interestExpense': 10,
'debt': 20
}
result = Utility().get_cost_of_debt(fundamental)
assert result == .5
def test_get_cost_of_debt_sad(self):
fundamental = {
'interestExpense': 10,
'debt': 0
}
result = Utility().get_cost_of_debt(fundamental)
assert not result
def test_calc_wacc_sad(self):
fundamental = {
'ticker': 'AAPL',
'debtToEquityRatio': 10
}
result = Utility().calc_wacc(fundamental)
assert not result
def test_calc_eps_growth_happy(self):
fundamentals = [{
'earningsPerBasicShare': 10
},{
'earningsPerBasicShare': 20
}]
assert Utility().calc_eps_growth(fundamentals) == 1
def test_calc_tax_rate_pass(self):
fundamental = {
'earningsBeforeTax': 100,
'taxLiability': 50
}
result = Utility().calc_tax_rate(fundamental)
assert result == .50
def test_calc_residual_income_happy(self):
fundamental = {
'ticker': 'AAPL',
'netIncome': 100,
'shareholdersEquity': 100
}
result = Utility().calc_residual_income(fundamental)
assert result != None
def test_calc_wacc_happy(self):
fundamental = {
'ticker': 'AAPL',
'interestExpense': 10,
'debtToEquityRatio': 10,
'debt': 10
}
result = Utility().calc_wacc(fundamental)
assert result != None
def test_calc_fcf_growth_happy(self):
fundamentals = [{
'ticker': 'AAPL',
'freeCashFlow': 10
},
{
'ticker': 'AAPL',
'freeCashFlow': 20
}]
result = Utility().calc_fcf_growth(fundamentals)
assert result == 1
def test_calc_residual_income_growth_happy(self):
fundamentals = [{
'ticker': 'AAPL',
'netIncome': 100,
'shareholdersEquity': 100
},
{
'ticker': 'AAPL',
'netIncome': 100,
'shareholdersEquity': 100
}]
result = Utility().calc_residual_income_growth(fundamentals)
assert result == 0
def test_calc_tax_rate_except(self):
fundamental = {'ticker': 'AAPL'}
result = Utility().calc_tax_rate(fundamental)
assert result == .15
def test_calc_dividend_growth_rate_happy(self):
ticker = 'AAPL'
limit = 1
result = Utility().calc_dividend_growth_rate(ticker, limit=limit)
assert result != None
def test_calc_residual_income_sad(self):
fundamental = {'ticker': 'AAPL'}
result = Utility().calc_residual_income(fundamental)
assert not result
def test_calc_residual_income_growth_no_fundamentals(self):
fundamentals = []
result = Utility().calc_residual_income_growth(fundamentals)
assert not result
def test_calc_eps_growth_no_changes(self):
fundamentals = [{'nothing to see here':0}]
assert Utility().calc_eps_growth(fundamentals) == 0
def test_calc_cost_of_equity(self):
fundamental = {'ticker': 'AAPL'}
result = Utility().calc_cost_of_equity(fundamental)
assert result != None
def test_calc_mos(self):
assert Utility().calc_mos(100,100) == 0
def test_get_risk_free_rate(self):
assert Utility().get_risk_free_rate() == .015
def test_get_market_return(self):
assert Utility().get_market_return() == .1
def test_calc_fcf_growth_sad(self):
fundamentals = []
result = Utility().calc_fcf_growth(fundamentals)
assert not result
def test_calc_avg_fcf_sad(self):
fundamentals = []
result = Utility().calc_avg_fcf(fundamentals)
assert not result