A new free way for Company Analysis

Interactive Data:
Putting Technology to Work for American Investors

What is Interactive Data? (From SEC site)

Put simply, interactive data means using technology to provide investors with quicker access to the information they want, in a format they can most easily use. Today, publishers of financial information offer a wealth of data about stocks, bonds and mutual funds. Unfortunately, investors seeking financial information direct from the source must often attempt to read lengthy corporate annual reports or mutual fund prospectuses. Even if these documents are online, they are often digital blobs with limited search capability.xbrlinfy.PNG

From Zdnet story

The Financial Explorer site uses interactive charts and diagrams, including
“atomic models,” to represent data such as current assets, long-term
investments, and goodwill.

The SEC’s new Financial Explorer site is a tool that enables users to
manipulate raw data derived from XBRL, or extensible business reporting
language.

Users can also compare earnings, expenses, cash flows, assets, and
liabilities for companies in the same industry.

“XBRL is fast becoming the universal language for the exchange of business
information and it is the future of financial reporting,” said SEC Chairman
Christopher Cox
in a statement. “With Financial Explorer or another XBRL
viewer, investors will be able to quickly make sense of financial
statements.”

And after all that knowledge , here is a cool site to analyze companies.