- Columns are movable now
- Auto detection of consolidated numbers
- Better user ratios
- Added “Spread the investing love” page
- Many fixes and optimizations
Last month had been very interesting. We have been visiting places, meeting other value investors and taking inputs to make Screener even more powerful. In the meantime we have also been optimizing and fixing things in Screener. Few of the optimizations are:
1. Movable columns (as shown in above image):
You can drag and move the result columns while screening. The Screener automatically saves and remembers the settings.
2. Auto detection of important consolidated numbers:
While including support for consolidated numbers, we had the dilemma to show between standalone figures and the consolidated figures as the default. Consolidated figures give the complete picture, but (more) often the quarterly numbers are not available/published for the consolidated results. Also, in many companies, the subsidiaries are only a very small size and thus the standalone figures are better as they are more detailed and consistent.
To solve the above, we created an algorithm to check weather there is a substantial difference between the consolidated and standalone numbers (based on the turnover and the balance sheet size). Using this algorithm, the Screener now automatically shows the more important results when you search for any company.
Also, if you are viewing any company’s standalone numbers, while its consolidated numbers are substantially different, then the link for consolidated results will be highlighted.
3. Improved the system of user ratios:
Earlier the users were unable to create a new ratio if it was already created by someone else. Since we were unable to moderate and check all the user created ratios, thus it became hard for users to create a new ratio which already existed. We have improved upon this functionality and users can now create their own ratios by any name.
4. Added spread the investing love page:
We request our users to keep spreading the word about Screener. It is the best motivator for us and helps us in building tools to make investing easier.
5. Many other fixes and optimizations:
We fixed and optimized many little things including the search completion in top, the logout link, ratio descriptions, core formulas and other which we don’t remember :).
Thanks for your support, keep sending in your feedback.