Home > Business Databases > Datastream – ‘Like With Like’ Comparisons

Datastream – ‘Like With Like’ Comparisons

In researching companies from different countries, Datastream can assist in obtaining data which can be compared on a ‘Like With Like’ basis.

For example, the ‘Total Assets’ datatype  for quoted companies in different countries can be displayed in the same currency. 

Therefore, rather than leave the ‘Currency’ option set to the default (Local Currency: US companies: US Dollar; UK Companies: Pounds Sterling; Australian Companies: Australian Dollar), the US dollar could be used as a common currency, thus allowing ‘Like With Like’ comparisons to be made.

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