Basic EPS From Cumulative Effect Of Accounting Chg (Historical) Formula in Excel

In this guide, you’ll learn how to use the Basic EPS From Cumulative Effect Of Accounting Chg (Historical) formula in Excel with MarketXLS to analyze a company’s earnings per share (EPS) specifically attributed to the cumulative effect of accounting changes. This function helps investors and analysts evaluate how one-time accounting changes impact reported EPS, offering a more precise view of company performance.

Understanding Basic EPS From Cumulative Effect Of Accounting Chg (Historical)

• Purpose: This formula retrieves historical EPS data that originates from or is adjusted by the effects of accounting changes.
• Key Benefits:
  • Offers insight into the effect of accounting policy shifts on earnings.
  • Simplifies data retrieval from MarketXLS for quick EPS analysis.
  • Provides a consistent approach to comparing EPS across different periods.
• When to Use:
  • Analyzing historical EPS trends over specific quarters or years.
  • Tracking the direct impact of mandatory or discretionary accounting rule changes on reported EPS.
  • Integrating EPS-based calculations into broader investment or valuation models.

Syntax and Parameters

Use the formula as shown below in Excel:

=hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg(Symbol, Year, [Quarter], [TTM])

?? Note: If the provided symbol is invalid or your license is not valid, the function will return "NA".

Return Value

• Typically returns a numeric value representing the Basic EPS related to the cumulative effect of accounting changes.
• If data is unavailable or an error occurs, this function returns "NA".

? Pro Tip: Use this function alongside other fundamental metrics, like revenue or net income, to build a comprehensive financial analysis dashboard in Excel.

Examples and Usage

Below are some common examples to illustrate how you can use the function in Excel:

1. Basic yearly EPS data:

   =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", 2022)

   Retrieves the EPS from the cumulative effect of accounting changes for the year 2022.

2. EPS for a specific quarter:

   =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", 2022, 2)

   Retrieves the EPS for the second quarter of 2022.

3. Trailing twelve months (TTM) data:

   =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", 2022, 3, "TTM")

   Returns TTM data for the period ending in the third quarter of 2022.

4. Relative references for last quarter or last year:

   =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", "lq")
   =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", "ly-1")

   • The first fetches data for the most recent quarter.
   • The second fetches data for the prior last year period.

Date and Cell Reference Inputs

Although this function focuses on fiscal years, you can still integrate cell references for parameters:

• Entering a cell that contains the year:

  =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", A1)

• Or using text references for special date logic:

  =hf_Basic_EPS_from_Cumulative_Effect_of_Accounting_chg("MSFT", TEXT(A1,"yyyy"))

Common Questions

1. What happens if my symbol or year is invalid?

The function will return "NA" if the symbol is invalid or the license is not valid.

2. Are there performance considerations when using this function repeatedly?

Yes. The function makes remote API calls for data, which can slow workbook performance if used extensively. Consider evaluating data in batches or using Excel’s built-in recalculation options to manage performance.

3. Can I use this formula for international stocks or other securities?

Yes, as long as MarketXLS supports those symbols (including crypto, options, and indices), you can use them in the Symbol parameter.

4. Does the result include standard EPS adjustments?

This metric focuses on the EPS component specifically resulting from cumulative effect of accounting changes, which may differ from standard basic EPS.

5. Why do I sometimes see older data or an update delay?

Financial reports are published periodically. Depending on the company’s reporting cycles and MarketXLS data refresh intervals, the data may be delayed.

?? Note: Always cross-verify critical financial figures to ensure accuracy and consistency with official filings or announcements.

For more insights, consider exploring related historical fundamentals like Revenue (Historical), Cost Of Revenue (Historical), Gross Profit (Historical), and more, to develop a well-rounded view of the company’s financial health.