Retrieve Amortization Data for Stocks Using hf_Amortization
The hf_Amortization function in MarketXLS allows you to quickly pull a company's amortization expenses directly into Excel. With this function, you can immediately see up-to-date financial data without the hassle of manually searching through statements or external sources. Use it to streamline your fundamental and ratio analysis workflows.
Why Use This Function?
- Integrates seamlessly with MarketXLS to streamline fundamental analysis.
- Automatically retrieves current or historical amortization data for US stocks.
- Helps you evaluate a company’s intangible asset costs and overall profitability.
- Supports quarter-by-quarter, yearly, or trailing-twelve-month (TTM) data views.
- Reduces manual data entry errors and saves time.
- Ideal for both novice investors and professional analysts who need fast data lookups.
How to Use in Excel
=hf_Amortization(Symbol, year, [quarter], [TTM])
• Enter the function in any cell in Excel.
• Replace Symbol with the stock’s ticker symbol (e.g., "AAPL").
• Provide the desired year (e.g., 2022).
• Optionally specify a quarter (1, 2, 3, or 4). If omitted, the function uses "1" by default in the formula definition (and note that the implementation may handle empty quarters by switching to "2" internally).
• Optionally set TTM to "TTM" for trailing twelve months data; if left blank, it retrieves the specified annual or quarterly data.
When the function has valid data, it returns a numeric value for amortization. If data is not available or the symbol is invalid, hf_Amortization returns "NA".
Parameters Explained
Parameter | Description | Example Values | Notes |
---|---|---|---|
Symbol | The stock ticker symbol you want to retrieve amortization data for. | "AAPL", "MSFT", "TSLA" | Must be a valid US ticker symbol recognized by MarketXLS. If unchecked or invalid, returns "NA". |
year | The fiscal or calendar year for the requested data. | "2022", "2021" | Often aligned with the company’s reporting period. |
quarter | Optionally specifies the fiscal quarter. If left out or blank, the add-in may default this value behind the scenes. | "1", "2", "3", "4" | Defaults to "1" in the function signature, but can be internally set to "2" when interpreted as an empty string. |
TTM | Optional argument to retrieve trailing twelve months data. | "", "TTM" | If set to "TTM", the function returns trailing 12 months of amortization data; otherwise, retrieves annual or quarterly data. |
Example Usage
Basic Examples
-
Yearly amortization for Apple in 2022: =hf_Amortization("AAPL", 2022) This fetches Apple’s 2022 annual amortization.
-
Quarterly amortization for Apple in the second quarter of 2022:
=hf_Amortization("AAPL", 2022, 2)
This pulls Q2 2022 data. -
TTM amortization reference for Apple (year reference 2022, quarter 2):
=hf_Amortization("AAPL", 2022, 2, "TTM")
Retrieves trailing twelve months data based on a Q2 2022 reference period.
Advanced Scenarios
• Comparing multiple tickers side by side:
- Create a table with tickers in one column and use hf_Amortization in adjacent columns to retrieve each stock’s amortization for the same quarters.
• Building a multi-year historical analysis:
- Drag the formula down rows, incrementing “year” (e.g., 2020, 2021, 2022) to observe amortization trends.
• Integrating with other Excel financial models:
- Use hf_Amortization as an input to a ratio calculation (like amortization vs. revenue) to measure intangible asset cost trends.
• Evaluating TTM data dynamically:
- If you regularly track rolling 12-month performance, automate data pulls by setting TTM to "TTM" each quarter.
Common Questions and Troubleshooting
• Why am I getting "NA"?
- The symbol may be invalid, data might not be available for that reporting period, or your subscription may not support this data.
- Ensure you have a valid MarketXLS license and correct parameters.
• Can I analyze non-US equities?
- The function is primarily geared toward US equities within MarketXLS. Contact support for specific coverage questions.
• What if the function returns "Refreshing"?
- This indicates that MarketXLS is currently fetching or updating data in the background. Try again after a short wait.
• Does the “quarter” parameter always match company fiscal quarters?
- By default, it aligns with typical Q1-Q4 calendar quarters. Some companies have offset fiscal years, so final values depend on how MarketXLS maps the data.
Remember:
- hf_Amortization automates critical parts of financial analysis, saving time and reducing errors.
- Combine it with other MarketXLS functions for deeper insights (like earnings, assets, or liabilities).
- Always confirm data correctness by checking for unusual reporting offsets or incomplete historical data.