F-score

Piotroski F-score: nine published tests

One of the 61 measures in Stock Scorer, under Resilience — Can the balance sheet absorb a bad year?

How it is worked out

One point for each of nine tests passed, expressed out of 9

A published nine-point checklist: profit positive, cash flow positive, return on assets rising, cash flow above profit, leverage not rising, liquidity not falling, no new shares issued, gross margin rising, asset turnover rising. Eight or nine is strong, nought to two is weak. Fixed and public, so nothing in it is a judgement of this model's.

How to read it

profitability, cash backing, leverage, liquidity, dilution, margin and asset turnover, each against last year. Fixed and public, so nothing in it is a judgement of this model's

Which figures it needs

Computed from 9 figures taken from the filing:

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

Whether it counts

This measure is not counted by default. It can be added to Resilience on the dashboard, and it then takes its share of that dimension.