> For the complete documentation index, see [llms.txt](https://help.modelreef.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.modelreef.io/help/stock-ticker-fundamentals/historical-fundamentals-imported.md).

# Historical Fundamentals Imported

This article describes the **historical financial data** that is imported when you use the Stock Ticker fundamentals integration in Model Reef.

You will learn:

* Which statement items are imported.
* How far back history typically goes.
* How the data is structured by period.
* How it appears in the Data Library and variables.

***

## Statement coverage

{% stepper %}
{% step %}

### Profit and Loss (Income Statement)

Typical series include:

* Revenue or total sales.
* Cost of goods sold or direct costs.
* Gross profit.
* Operating expenses or operating income components (to the extent available).
* Depreciation and amortisation where disclosed.
* Interest expense.
* Tax expense.
* Net income.
  {% endstep %}

{% step %}

### Balance Sheet

Typical series include:

* Cash and cash equivalents.
* Receivables.
* Inventory (if available).
* Property, plant and equipment and other long lived assets.
* Intangible assets where disclosed.
* Short term and long term debt.
* Other key liabilities.
* Total equity.
  {% endstep %}

{% step %}

### Cashflow Statement

Typical series include:

* Cash from operating activities.
* Cash used in or from investing activities.
* Cash from or used in financing activities.
* Individual components where available, such as capex and dividends.
* Net change in cash.

The exact set of series can vary by data provider and company, but the goal is to provide enough structure to reconstruct a usable three statement model.
{% endstep %}
{% endstepper %}

***

## Historical horizon

The ticker fundamentals import usually brings in multiple years of history, for example:

* 3 to 10 years of annual data.
* Where available, some providers may also expose interim or quarterly data.

In Model Reef, each imported series is stored as a time series with:

* A date or period key.
* A value (in the company reporting currency).
* A resolution (for example annual or quarterly).

The imported frequency can be different from the model's internal granularity. Model Reef will align periods when building variables and statements.

***

## Data structure and normalisation

When fundamentals are imported:

* Raw values from the data provider are converted into consistent units (for example full currency values rather than thousands).
* Each series is stored separately in the Data Library, tagged as coming from the Stock Ticker source.
* Periods are aligned to a clean timeline, based on the reporting dates supplied.

Normalisation rules aim to preserve the original values while making them usable alongside other Model Reef data sources.

***

## Where you can see the imported fundamentals

You can see the imported ticker fundamentals in several places:

* **Data Library**
  * Filter entries by source to show only Stock Ticker series.
  * Inspect the values for each reporting period.
  * See which variables reference each series.
* **Variables**
  * Auto created variables for the company branch will show historical values directly sourced from the fundamentals.
  * Name, type and category of each variable reflect the economic meaning of the line (e.g. Revenue, COGS, Opex, Asset, Liability).
* **Reports**
  * P\&L, Balance Sheet and Cashflow reports will show historical periods populated entirely from imported fundamentals.
* **Charts**
  * Dashboards will render historical performance for core KPIs as soon as the import is complete.

***

## Limitations and caveats

Ticker fundamentals imports are subject to the structure and quality of the underlying data source. Limitations can include:

* Aggregated line items where detail is not disclosed.
* Differences in classification conventions between companies or regions.
* Limited breakdown for some operating expense or segment details.
* Annual only series for some companies, with no quarterly level detail.

You can always layer additional detail or management style adjustments on top using manual variables and drivers.

***

## Related articles

* [Fund Cash Flow (Capital Calls/Distributions)](/use-cases/portfolio-funds-vc-pe-and-family-offices/fund-cash-flow-capital-calls-distributions.md)
* [Build a KPI Dashboard](/how-tos/dashboards-and-reporting/build-a-kpi-dashboard.md)
* [Stock Ticker (Fundamentals Import)](/help/stock-ticker-fundamentals.md)
* [Creating Scenarios](/syntax/scenario-syntax/creating-scenarios.md)