Capital Expenditure (Historical) Formula in Excel

Understanding Capital Expenditure (Historical)

Capital Expenditure (Historical) allows you to retrieve a company’s historical capital expenditures using MarketXLS in Excel. This formula is particularly useful for:

• Measuring a company’s investment in property, plant, and equipment (PPE).
• Evaluating cash outflows for business expansions or replacements.
• Comparing spending trends across multiple periods.

Using this formula helps you quickly access real-time or historical data within Excel for more informed financial analysis and decision-making.

Syntax and Parameters

Use the following syntax to integrate the Capital Expenditure (Historical) data into your Excel worksheets:

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

?? Note: If the symbol is invalid or your subscription does not include historical fundamental data, this formula will return "NA".

Return Value

The function returns the numerical value of capital expenditures for the specified period. If data is unavailable or an error occurs, the function returns "NA".

? Pro Tip: Combine relative periods like "lq-1" (last quarter minus one) or "ly-1" (last year minus one) to dive deeper into historical data comparisons.

Examples and Usage

Below are some practical examples of the hf_Capital_Expenditure function in Microsoft Excel:

1. Retrieve the latest annual capital expenditure for Microsoft:

   =hf_Capital_Expenditure("MSFT","ly")

2. Get the capital expenditure for the second quarter of 2022:

   =hf_Capital_Expenditure("MSFT", "2022", 2)

3. Use trailing twelve months data for the third quarter of 2022:

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

4. Reference a cell for symbol or date values:
   • If A1 contains "MSFT":

     =hf_Capital_Expenditure(A1, "2022")

   • Different date-style inputs (though typically for year, you would still use a four-digit year, you can pass a date string if desired):

     =hf_Capital_Expenditure("MSFT", "2024-03-15")
     =hf_Capital_Expenditure("MSFT", TEXT(A1,"yyyy-mm-dd"))

Performance Considerations

• The function calls MarketXLS servers via an API. A stable internet connection ensures faster response times.
• Caching within MarketXLS may speed up repeated requests for the same symbol and period.

Common Questions

1. Why am I getting "NA" as a result?

   • This might occur if you have an invalid symbol, lack a required data subscription, or if the requested data is unavailable for the specified period.

2. Can I use cell references for parameters?

   • Absolutely. You can reference cells containing symbols, years, or other parameters.

3. What if I want TTM data for last year?

   • Use the relative period notation like "ly" combined with "TTM". For example:

     =hf_Capital_Expenditure("MSFT", "ly", , "TTM")

4. Does it support non-U.S. symbols or crypto?

   • Yes. You can use symbols such as "^SPX" for indices or "BTCUSD:DEFAULT" for crypto, provided you have the necessary subscription.

?? Note: For large datasets, consider performing calculations in batches or using Excel’s built-in features like pivot tables or Power Query to manage performance.

By leveraging the Capital Expenditure (Historical) formula in Excel with MarketXLS, you can efficiently track and analyze a company’s capital spending trends over time — a vital insight for fundamental analysis and strategic decision-making.