finance - Using R to Analyze Balance Sheets and Income Statements

Question

I am interested in analyzing balance sheets and income statements using R. I have seen that there are R packages that pull information from Yahoo and Google Finance, but all the examples I have seen concern historical stock price information. Is there a way I can pull historical information from balance sheets and income statements using R?

Answer 1

I have found on the net only a partial solution to your issue, for I managed to retrieve only the Balance sheet info and financial statement for one year. I don't know how to do it for more years. There is a package in R, called quantmod, which you can install from CRAN

install.packages('quantmod')

Then you can do the following: Suppose you want to get the financial info from a company listed at NYSE : General Electric. ticker: GE

 library(quantmod)
 getFinancials('GE')
 viewFinancials(GE.f)

To get only the income statement, reported anually, as a data frame use this:

viewFinancials(GE.f, "IS", "A")

Please let me know if you find out how to do this for multiple years.