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I have developed this script to upload the data in the custom database "fundamental". This is a very easy script that downloads the data that I am interested in. This has only the field cash on hand. Typically, I expect companies that have cash on hand to be relatively better companies than the companies with very little cash on hand.
This data can be used more effectively when used with other screens that will allow to compare the stocks with most cash on hand within an industry group. My current scan shows that most of the banks have lot of cash on hand, and it probably does not make sense to compare with other industries.
I did see some companies that were not in the financial section, like GE who also have lot of cash on hand. Is this related to it being a financial institution or its other assets are not being valued properly. I will use this more frequently in addition to other field like EPS growth rate, market cap, PB and PS. There are other scripts that allow you to download this data.
