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I'm looking for a web app or API source that allows creating screens of U.S. listed companies based on formulas.

For example, say, I want to screen for net debt-to-EBITDA. Since earnings before interest, depreciation, and amortization (EBITDA) and net debt aren't standardized accounting figures under U.S. GAAP, I'd like to create my own formula for each figure in order to compute and apply a ratio criterion for screening.

Some sites offer preset ratio calculations for screens; I'd like to create customized, calculated ratios.

QUESTION

Is there a free or low-cost service for such formulaic screening?

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