Financial Ratios

Overview

Financial Ratios works by computing standard ratio analysis over normalized SEC EDGAR filings (10-Q and 10-K) for US public companies. Every value is derived from the filed income statement, balance sheet and cash-flow figures: profitability (gross, operating, net margin, ROE, ROA), liquidity (current, quick, cash ratio), leverage (debt-to-equity, debt-to-assets, equity multiplier, interest coverage), efficiency (asset, inventory, receivables turnover), cash flow (FCF margin, capex intensity) and per-share (EPS, book value, FCF per share). With valuation=true, paid plans also get the latest filing valued against the most recent stored US share price: market cap (price times diluted weighted-average shares), price-to-earnings and earnings yield on trailing-twelve-month net income, price-to-sales on trailing revenue, and price-to-book on filed equity. Trailing figures come straight from a 10-K, or for a 10-Q from the prior fiscal year plus this year's quarters less the same quarters a year earlier; a figure stays null when a quarter it needs has not been captured or a ticker has no stored price. Data is refreshed continuously from official SEC filings.

Live Test Financial Ratios Source →

Formula

One function covers the whole catalog: the first argument names the source, the next are its inputs, and the field after them says which single value lands in the cell. Formulas covers the grammar that applies to all of them.

=VERVE("financialratios", A2, "company")

=VERVE.CALL("financialratios", A2, "company")

A2 holds the ticker you are looking up. Drag the formula down and each row resolves on its own.

With literal values

Nothing has to come from a cell — typed values work the same way.

=VERVE("financialratios", "AAPL", "company")

=VERVE.CALL("financialratios", "AAPL", "company")

Inputs

Required inputs are positional, in the order below, followed by the field. Everything else is passed as a "name", value pair after that — the same shape as SUMIFS. Premium inputs are accepted on every plan but only take effect on plans that include them.

Passing an option

=VERVE("financialratios", A2, "company", "year", "<year>")

=VERVE.CALL("financialratios", A2, "company", "year", "<year>")

What lands in your sheet

The field — the argument after the inputs — is what makes the formula resolve to one cell. Its value is a dot-path from the table below, so swapping it is how you pull a different value — one formula per column.

Seeing everything at once

Leave the field out and the formula returns the whole response instead: two columns, field name on the left and value on the right, spilling from the cell you typed in.

=VERVE("financialratios", A2)

=VERVE.CALL("financialratios", A2)

Response fields

Paths are relative to data. Each one is exactly what the field argument accepts, so swapping it is how you pull a different value into a cell. On a plan without a Premium field the cell reads #PREMIUM(field) rather than a value, so a locked field never looks like a real answer.

Filling a whole column

Both platforms make one batched call for a column rather than one request per cell, and both cost the same — 6 credits per row looked up. How you write it differs, because the two runtimes batch at different points.

=VERVE("financialratios", A2:A100, "company")

In Google Sheets, give the arguments ranges and the answers spill down from the cell you typed in. Custom functions there run synchronously and in isolation, so dragged cells cannot be coalesced — the range form is how a column becomes one call. The field is required here: a per-row two-column table has nowhere to spill. Use a full column per input (A2:A100, not A2) — a single-cell reference is read as row 1 only and the rest of the column comes back blank.

In Excel, type the formula once and fill down — no range form and none needed, because its runtime is asynchronous and the add-in coalesces the calls a fill produces into a single batched request. Do not hand VERVE.CALL a range: Excel flattens it into positional arguments, so A2:A100 arrives as a hundred separate arguments and the cell reads #ERR rather than filling.

Either way, column A holds your ticker values and the answers land beside them, one row each, blank rows skipped.

When a cell doesn't fill

A failed lookup returns readable text starting with #ERR rather than a spreadsheet error, because Excel cannot show a custom message on a real error — you would get a bare #VALUE! with no reason. The trade-off is that IFERROR() will not catch it; test with LEFT(cell, 4) = "#ERR" instead. Error handling covers the rest.

Before the formula works

The add-in reads the API key you saved once in the side panel — the key never goes in the formula, so a shared sheet does not leak it and a collaborator without access simply sees the last calculated values.

1. Install the add-in for Google Sheets or Excel.
2. Open the side panel and sign in, or paste a key from your dashboard.
3. Type the formula above into any cell.

Use cases

Stock Screener Filtering

When screening public equities, brokerage apps evaluate short-term liquidity by comparing current ratios and debt-to-equity across competing firms.

Vendor Solvency Checks

Flag overleveraged suppliers before signing procurement contracts by checking debt-to-equity levels and operating margins against standard industry benchmarks.

Equity Research Dashboards

Financial media portals display gross and operating margins next to quarterly earnings reports to show readers true operating profitability.

Corporate Competitor Benchmarking

To benchmark balance sheet health against market competitors, corporate development teams monitor current ratios and debt liabilities across quarterly SEC filings.

Other ways to use Financial Ratios

Set up Financial Ratios on VerveSheets, or reach the same source a different way. Your VerveSheets account and credits work on all of them — one key, one balance.

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