Breaking Change - Improved CAGR Values for Platform and API
As part of our ongoing commitment to provide high-quality and consistent financial data, we are introducing a major update to enhance the accuracy and usability of CAGR (Compound Annual Growth Rate) values in both our platform and API.
Why This Change?
To accommodate the introduction of additional CAGR metrics and to ensure data consistency, we are standardizing the naming conventions across all CAGR-related fields. This change will provide a more intuitive structure for users, improve data harmonization, and set the foundation for further enhancements.
Key Changes
Removal of Old CAGR Fields
The following fields will no longer be available:
cagr
cagR3
cagrebit
cagR3EBIT
cagrGrossProfit
cagR3GrossProfit
cagR5GrossProfit
These outdated field names lacked a clear and consistent pattern, which could lead to confusion and hinder scalability.
Introduction of New CAGR Fields
We are replacing the old fields with a new, structured naming convention. The updated fields include:
Net Sales CAGR
cagr3YearsNetSales
cagr5YearsNetSales
EBIT CAGR
cagr3YearsEBIT
cagr5YearsEBIT
Gross Profit CAGR
cagr3YearsGrossProfit
cagr5YearsGrossProfit
EBITDA CAGR
cagr3YearsEBITDA
cagr5YearsEBITDA
Number of Employees CAGR
cagr3YearsNumberOfEmployees
cagr5YearsNumberOfEmployees
Total Assets CAGR
cagr3YearsTotalAssets
cagr5YearsTotalAssets
Total Current Assets CAGR
cagr3YearsTotalCurrentAssets
cagr5YearsTotalCurrentAssets
What This Means for You
If your integration relies on the deprecated fields, you will need to update your API calls to use the new field names. This change ensures a more consistent, descriptive, and scalable structure for CAGR data, making it easier to integrate and understand.
Next Steps
- Review Your Integration: Update your API calls to replace the deprecated fields with the new field names.
- Consult the Documentation: Refer to our API documentation for further details on how to implement the new fields.
- Reach Out for Support: If you encounter any issues or need assistance, our support team is here to help.
We appreciate your understanding and cooperation as we make these necessary improvements. This update is a critical step in enhancing the quality of our data and the overall user experience.