It also considers the overall state of the economy and factors including interest rates, production, earnings, employment, GDP, housing, manufacturing and management.
Fundamental analysis is performed on historical and present data, but with the goal of making financial forecasts.
Similarly, a large proportion of technical investors use fundamental indicators to limit their pool of possible stocks to "good" companies.
It looks at dividends paid, operating cash flow, new equity issues and capital financing.
The earnings estimates and growth rate projections published widely by Thomson Reuters and others can be considered either "fundamental" (they are facts) or "technical" (they are investor sentiment) based on perception of their validity.
The amount of debt a company possesses is also a major consideration in determining its financial leverage and its health.