Accumulated Depreciation And Depletion (Historical)
Returns accumulated depreciation and depletion, the cumulative depreciation charged against fixed assets.
Parameters
| Parameter | Required | Description |
|---|---|---|
| Symbol | Yes | Stock ticker symbol |
| Year | Yes | Fiscal year or period code |
| Quarter | No | Calendar quarter 1-4 |
| TTM | No | Set to "TTM" for trailing twelve months |
Notes
- Usually a negative number (contra-asset)
- Gross PP&E - Accumulated Depreciation = Net PP&E
- Higher values indicate older asset base
Syntax
=hf_Accumulated_depreciation_and_depletion(Symbol, Year, [Quarter], [TTM])Parameters
symbolstringRequired
Stock ticker symbol
yearstringRequired
Fiscal year or period code
quarterstring
Calendar quarter (1-4)
TTMstring
Set to 'TTM' for trailing twelve months
Returns
number
Accumulated depreciation and depletion (typically negative)
Examples
=hf_Accumulated_depreciation_and_depletion("AAPL", 2023, 4)=hf_Accumulated_depreciation_and_depletion("MSFT", "ly", 2)=hf_Accumulated_depreciation_and_depletion(A1, B1, C1)When to Use
- Asset age analysis
- Calculating net PP&E from gross
- Depreciation policy analysis
- Capital investment timing analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Need annual depreciation | hf_Depreciation() |
| Need net PP&E | hf_Total_fixed_assets() |
| Need gross PP&E | hf_Gross_fixed_assets_plant_property_and_equipment() |
Common Issues & FAQ
Why is this negative?
Accumulated depreciation is a contra-asset account that reduces gross PP&E to net book value.
Related Formulas
More MarketXLS Historical Fundamentals formulas you can use in the same worksheet:
- Accumulated Other Comprehensive Income (Historical)
- Accumulated Retained Earnings Deficit (Historical)
- Additional Paid In Capital (Historical)
- Adjustments to Revenue (Historical)
- Advertising Expense (Historical)
- Amortization of Intangibles (Historical)
- Asset Turn Over Indicator (Historical)
- Asset Turnover (Historical)
