Jumping into some balance sheet metrics

Assets, Liabilities, and Equity

Let’s add nine new metrics to our stock cheat sheet by adding three new input data sources - assets, liabilities, and equity:

From this, we can get the popular Return-on-Assets (ROA) and Return-on-Equity (ROE) ratios. These are informative on a quarterly basis for sure but I also added some variation where they are smoothed on a twelve month rolling basis. That adds a little more stability, which is especially helpful for a company with seasonality like Apple.