Accumulated Depreciation And Depletion (Historical) Formula in Excel
Accumulated Depreciation And Depletion (Historical) is a powerful Excel formula from MarketXLS that retrieves a company’s total depreciation and depletion expenses accumulated up to a specific historical period. Use this function to gain deeper insights into a company's asset depreciation over time. It is especially useful for financial modeling, valuation, and analyzing accounting decisions.
Understanding Accumulated Depreciation And Depletion (Historical)
- Purpose: To return the cumulative depreciation and depletion expense incurred by a company’s assets for a specific year, quarter, or trailing twelve months (TTM).
- Key Benefits:
- Helps in historical financial analysis and trend assessments.
- Aids in evaluating the company’s asset usage patterns.
- Allows integration with other fundamental metrics to form a comprehensive financial picture.
- When to Use:
- Performing long-term financial modeling.
- Conducting fundamental analysis on company financials.
- Comparing depreciation trends across multiple periods or companies.
Syntax and Parameters
Use the following syntax in your Excel worksheet:
=hf_Accumulated_Depreciation_and_Depletion(Symbol, year, [quarter], [TTM])
Parameter | Description | Required | Example |
---|---|---|---|
Symbol |
The ticker symbol or identifier of the stock, index, option, or crypto. | Yes | "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT" |
year |
The specific year or shortcut like "ly" (last year) or "lq" (last quarter) | Yes | "2022", "ly", "lq-1" |
quarter |
The quarter of the year (1 to 4). Optional if you want yearly data. | No | 2 |
TTM |
Set to "TTM" for trailing twelve months; optional. | No | "TTM" |
Return Value:
• Returns a numeric value representing the accumulated depreciation and depletion for the specified period.
• If the symbol is invalid or the license is not valid, returns "NA"
.
?? Note: This formula calls external APIs and might be subject to data availability and your subscription plan features.
Examples and Usage
Below are practical examples of using the Accumulated Depreciation And Depletion (Historical) formula in Excel. Enter them in a cell to instantly get the relevant data:
-
Retrieve data for a specific year:
=hf_Accumulated_Depreciation_and_Depletion("MSFT", "2022")
Returns the accumulated depreciation and depletion for Microsoft in 2022.
-
Retrieve data for a specific year and quarter:
=hf_Accumulated_Depreciation_and_Depletion("MSFT", "2022", 2)
Returns the accumulated depreciation and depletion for Microsoft in Q2 2022.
-
Retrieve trailing twelve months (TTM) data:
=hf_Accumulated_Depreciation_and_Depletion("MSFT", "2022", 3, "TTM")
Computes the trailing twelve months (TTM) value from Q3 2022 onwards.
-
Use shortcuts for last quarter (lq) or last year (ly):
=hf_Accumulated_Depreciation_and_Depletion("MSFT", "lq-1")
Returns the value for the previous quarter prior to the last quarter.
? Pro Tip: You can reference a cell for the year parameter, e.g.,
=hf_Accumulated_Depreciation_and_Depletion("MSFT", A1)
If cell A1 contains "2024" or a date reference, convert it with
TEXT(A1,"yyyy")
for compatibility.
- You can also supply different symbol formats:
- Regular symbol:
=hf_Accumulated_Depreciation_and_Depletion("MSFT","ly")
- Index:
=hf_Accumulated_Depreciation_and_Depletion("^SPX","lq")
- Option:
=hf_Accumulated_Depreciation_and_Depletion("@MSFT 110122C00020000","lq")
- Crypto:
=hf_Accumulated_Depreciation_and_Depletion("BTCUSD:DEFAULT","lq")
- Regular symbol:
Common Questions
-
What happens if the symbol is invalid?
- The function will return
"NA"
to indicate no valid data found.
- The function will return
-
Why am I seeing “NA” or blank cells?
- This usually occurs when the data for the period is unavailable or your subscription plan does not support the requested data.
-
Does this function handle partial year or quarter data?
- Yes. For partial or incomplete data, results reflect the best available information from MarketXLS’s sources.
-
Do I need an active internet connection?
- Yes. MarketXLS retrieves the data from an external database, so an active internet connection is necessary.
-
Are there performance considerations?
- Because each formula call fetches data from an API, you may experience slower performance if you enter a large number of such formulas in the same workbook.
Use the Accumulated Depreciation And Depletion (Historical) formula to keep track of an asset’s overall depreciation and depletion over various reporting periods, helping you make informed decisions in financial modeling and fundamental analysis.