---
pretty_name: Stocks Quarterly Balance Sheet
language:
- en
license: other
task_categories:
- time-series-forecasting
- tabular-regression
tags:
- finance
- quantitative-trading
- backtesting
- algorithmic-trading
- stocks
- equities
- quarterly
- fundamentals
size_categories:
- 100K<n<1M
extra_gated_prompt: "This dataset is free to browse and gated for download. Approval is tied to a Papers With Backtest subscription, which also covers the other datasets in this organisation and the strategy catalogue at https://paperswithbacktest.com. Plans and what each one includes: https://paperswithbacktest.com/pricing"
dataset_info:
  features:
  - name: symbol
    dtype: string
  - name: date
    dtype: string
  - name: reported_currency
    dtype: string
  - name: total_assets
    dtype: float64
  - name: total_current_assets
    dtype: float64
  - name: cash_and_cash_equivalents_at_carrying_value
    dtype: float64
  - name: cash_and_short_term_investments
    dtype: float64
  - name: inventory
    dtype: float64
  - name: current_net_receivables
    dtype: float64
  - name: total_non_current_assets
    dtype: float64
  - name: property_plant_equipment
    dtype: float64
  - name: accumulated_depreciation_amortization_ppe
    dtype: float64
  - name: intangible_assets
    dtype: float64
  - name: intangible_assets_excluding_goodwill
    dtype: float64
  - name: goodwill
    dtype: float64
  - name: investments
    dtype: null
  - name: long_term_investments
    dtype: float64
  - name: short_term_investments
    dtype: float64
  - name: other_current_assets
    dtype: float64
  - name: other_non_current_assets
    dtype: null
  - name: total_liabilities
    dtype: float64
  - name: total_current_liabilities
    dtype: float64
  - name: current_accounts_payable
    dtype: float64
  - name: deferred_revenue
    dtype: null
  - name: current_debt
    dtype: null
  - name: short_term_debt
    dtype: float64
  - name: total_non_current_liabilities
    dtype: float64
  - name: capital_lease_obligations
    dtype: float64
  - name: long_term_debt
    dtype: float64
  - name: current_long_term_debt
    dtype: float64
  - name: long_term_debt_noncurrent
    dtype: null
  - name: short_long_term_debt_total
    dtype: float64
  - name: other_current_liabilities
    dtype: float64
  - name: other_non_current_liabilities
    dtype: float64
  - name: total_shareholder_equity
    dtype: float64
  - name: treasury_stock
    dtype: float64
  - name: retained_earnings
    dtype: float64
  - name: common_stock
    dtype: float64
  - name: common_stock_shares_outstanding
    dtype: float64
  splits:
  - name: train
    num_examples: 342800
---

# Stocks Quarterly Balance Sheet

This dataset includes quarterly balance sheet data for various stocks.

**342,800 rows** over 6,893 symbols, 39 columns, covering **1983-06-30 to 2026-06-30**. Refreshed monthly.

## Strategies Built on This Data

1,067 papers in the [Papers With Backtest catalogue](https://paperswithbacktest.com/strategies) declare this dataset as an input. 1,012 of them have been coded and run over their own full history. The median replicated Sharpe ratio is **+0.27**, and **37%** clear a t-statistic of 1.96 on their own sample, against 48% across all 4,837 replications in the library.

Some of the strongest results that lean on it:

| Strategy | Sharpe | t-stat | Tested over |
| :--- | ---: | ---: | ---: |
| [How to Combine Investment Signals in Long/Short Strategies - Insights from Simulations and Empirical Analyses](https://paperswithbacktest.com/strategies/how-to-combine-investment-signals-in-long-short-strategies-insights-from-simulations-and-empirical-analyses) | +0.69 | 3.2 | 22 years |
| [Value and Size Effect: Now You See It, Now You Don’t](https://paperswithbacktest.com/strategies/value-and-size-effect-now-you-see-it-now-you-don-t) | +1.52 | 9.1 | 36 years |
| [Does Probability Weighting Drive Skewness Preferences?](https://paperswithbacktest.com/strategies/does-probability-weighting-drive-skewness-preferences) | +1.12 | 6.7 | 35 years |
| [Lottery Demand, Weather and the Cross-Section of Stock Returns](https://paperswithbacktest.com/strategies/lottery-demand-weather-and-the-cross-section-of-stock-returns) | +1.01 | 6.1 | 36 years |

A Sharpe ratio quoted without its t-statistic hides how much of the library cannot be distinguished from zero, which is why both are shown. The figures are in-sample over each strategy's own window and carry no transaction costs.

## Why It Matters

This dataset strengthens fundamental equity research and risk controls by:

- **Fundamental factors:** Balance sheet strength (liquidity, leverage, book value) feeds value and quality signals.
- **Credit risk monitoring:** Track leverage and coverage trends to flag deteriorating issuers.
- **Event studies:** Quarterly cadence aligns with earnings seasons and 10-Q releases.

## Load It

**Installation/Upgrade:**

```bash
pip install --upgrade pwb-toolbox
```

**Load the Dataset:**

```python
from pwb_toolbox import datasets as pwb_ds

df = pwb_ds.load_dataset("Stocks-Quarterly-BalanceSheet", symbols=["AAPL"])
print(df.iloc[0, :])
```

**Example Output:**

```
symbol                                                  AAPL
date                                              2005-09-30
reported_currency                                        USD
total_assets                                   11551000000.0
total_current_assets                            9969000000.0
cash_and_cash_equivalents_at_carrying_value     3491000000.0
cash_and_short_term_investments                 3491000000.0
inventory                                        165000000.0
current_net_receivables                         1312000000.0
total_non_current_assets                        1251000000.0
property_plant_equipment                         817000000.0
accumulated_depreciation_amortization_ppe                NaN
intangible_assets                                 27000000.0
intangible_assets_excluding_goodwill              27000000.0
goodwill                                          69000000.0
investments                                             None
long_term_investments                                    NaN
short_term_investments                          4770000000.0
other_current_assets                             231000000.0
other_non_current_assets                                None
total_liabilities                               4085000000.0
total_current_liabilities                       3484000000.0
current_accounts_payable                        1779000000.0
deferred_revenue                                        None
current_debt                                            None
short_term_debt                                  798000000.0
total_non_current_liabilities                    601000000.0
capital_lease_obligations                                NaN
long_term_debt                                           NaN
current_long_term_debt                                   NaN
long_term_debt_noncurrent                               None
short_long_term_debt_total                               NaN
other_current_liabilities                       1204000000.0
other_non_current_liabilities                            NaN
total_shareholder_equity                        7466000000.0
treasury_stock                                           NaN
retained_earnings                               4005000000.0
common_stock                                    3521000000.0
common_stock_shares_outstanding                24477796000.0
```

## Columns

| Column Name | Description |
| :--- | :--- |
| **symbol** | Stock ticker. |
| **date** | Fiscal period end date (YYYY-MM-DD). |
| **reported_currency** | Currency used in the filing. |
| **total_assets** | Total assets reported for the period. |
| **total_current_assets** | Aggregate current assets. |
| **cash_and_cash_equivalents_at_carrying_value** | Cash and cash equivalents on hand. |
| **cash_and_short_term_investments** | Combined cash and short-term investment balance. |
| **inventory** | Inventory value on the balance sheet. |
| **current_net_receivables** | Net receivables expected within a year. |
| **total_non_current_assets** | Aggregate non-current assets. |
| **property_plant_equipment** | Gross property, plant, and equipment balance. |
| **accumulated_depreciation_amortization_ppe** | Accumulated depreciation and amortization for PP&E. |
| **intangible_assets** | Total intangible assets balance. |
| **intangible_assets_excluding_goodwill** | Intangible assets excluding goodwill. |
| **goodwill** | Reported goodwill. |
| **investments** | Total investments balance. |
| **long_term_investments** | Long-term investment holdings. |
| **short_term_investments** | Short-term investment holdings. |
| **other_current_assets** | Other current assets not itemized. |
| **other_non_current_assets** | Other non-current assets not itemized. |
| **total_liabilities** | Total liabilities reported for the period. |
| **total_current_liabilities** | Aggregate current liabilities. |
| **current_accounts_payable** | Accounts payable due within a year. |
| **deferred_revenue** | Deferred revenue obligations. |
| **current_debt** | Debt obligations due within a year. |
| **short_term_debt** | Short-term borrowing balance. |
| **total_non_current_liabilities** | Aggregate non-current liabilities. |
| **capital_lease_obligations** | Capital lease liabilities. |
| **long_term_debt** | Total long-term debt outstanding. |
| **current_long_term_debt** | Portion of long-term debt due within a year. |
| **long_term_debt_noncurrent** | Long-term debt classified as non-current. |
| **short_long_term_debt_total** | Combined short- and long-term debt balance. |
| **other_current_liabilities** | Other current liabilities not itemized. |
| **other_non_current_liabilities** | Other non-current liabilities not itemized. |
| **total_shareholder_equity** | Total shareholders' equity. |
| **treasury_stock** | Value of treasury stock. |
| **retained_earnings** | Retained earnings balance. |
| **common_stock** | Common stock value. |
| **common_stock_shares_outstanding** | Number of common shares outstanding. |

## What This Data Does Not Cover

**No filing date.** The only timestamp here is `date`, the fiscal period end. A US filer has up to forty-five days after the quarter closes to file, and restatements arrive later still, so a signal keyed on `date` uses numbers that were not public on that date. [`Stocks-Quarterly-Earnings`](https://huggingface.co/datasets/paperswithbacktest/Stocks-Quarterly-Earnings) carries `reported_date`, the announcement date, and joins on `symbol` and `date`; lagging by a quarter is the cruder alternative.

**As reported now, not as reported then.** Each period appears once and carries the current figure, so a restated quarter shows the restatement rather than what the market saw.

## Access

Browsing the card and the schema is open to anyone. Downloading the files needs an approved request, tied to a subscription: [what each plan includes](https://paperswithbacktest.com/pricing). The same subscription covers the other datasets in this organisation.

## Elsewhere

- [Dataset page and coverage charts](https://paperswithbacktest.com/datasets/stocks-quarterly-balancesheet)
- [The strategy catalogue](https://paperswithbacktest.com/strategies), 3,806 papers and 4,837 replicated strategies
- [`pwb-toolbox`](https://github.com/paperswithbacktest/pwb-toolbox), the loader used in the snippet above
- [`awesome-systematic-trading`](https://github.com/paperswithbacktest/awesome-systematic-trading), the replicated strategies with their measured Sharpe
- [Every dataset in this organisation](https://huggingface.co/datasets/paperswithbacktest)

Papers With Backtest publishes 32 datasets on the Hub and codes the papers that use them. Every strategy in the catalogue is run over its own full history before it is published, which is where the numbers above come from.