Why XBRL for Analysis?

The purpose of this blog is to record my thoughts and observations about the usefulness of xbrl published data in the process of preparing company data for investment or credit analysis and in so doing aid those considering the use of xbrl data in their analytical models. Is it the panacea that it's proponents claim or does it fall short? I've started this blog now because as of today 2,106 US companies have filed xbrl data so we are quickly reaching a point where comparative analysis of xbrl data becomes a valid option.