Capital Lease Obligations (Historical) Formula in Excel
Understanding Capital Lease Obligations (Historical)
Capital Lease Obligations (Historical) in Excel with MarketXLS allows you to retrieve the amount owed by a company (lessee) to the lessor for capital assets under a capital lease, over past periods.
- This function helps investors and analysts evaluate a company’s long-term liabilities.
- Useful for gauging leverage and total debt over different historical time frames.
- Ideal for fundamental analysis, tracking capital structure trends, and performing in-depth financial modeling.
Syntax and Parameters
=hf_Capital_Lease_Obligations(Symbol, Year, [Quarter], [TTM])
Parameter | Description | Required | Example |
---|---|---|---|
Symbol | The security ticker or identifier. Supports: "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT", etc. | Yes | "MSFT" |
Year | The year or relative references: "2022", "lq", "lq-1", "ly", "ly-1", "lt", "lt-1". • "lq" = last quarter • "ly" = last year • "lt" = last 12 months You can also specify offsets, e.g. "lq-1", "ly-1", etc. |
Yes | "2022" |
Quarter | The calendar quarter ("1", "2", "3", "4"). If omitted, defaults to "1". | No | "2" |
TTM | If set to "TTM", returns the trailing twelve months calculation from the specified quarter and year. Otherwise, leave blank for standard annual or quarterly. | No | "TTM" |
?? Note: The function returns "NA" if the symbol is invalid, the license is not valid, or data is unavailable.
Return Value
• Returns a numeric value representing the capital lease obligations for the specified period.
• Returns the string "NA" on errors or when no value is available.
Date Input Examples
While this function specifically uses Year and Quarter parameters, you can handle date logic in Excel before passing the result:
- Using a cell reference:
=hf_Capital_Lease_Obligations("MSFT", A1)
- Direct year input:
=hf_Capital_Lease_Obligations("MSFT", "2024")
- Using Excel date functions (converting dates to year strings as needed):
=hf_Capital_Lease_Obligations("MSFT", TEXT(A1,"yyyy"))
Examples and Usage
-
Retrieve annual data for Microsoft in 2022:
=hf_Capital_Lease_Obligations("MSFT", "2022")
-
Quarterly data (Q2 of 2022):
=hf_Capital_Lease_Obligations("MSFT", "2022", 2)
-
Trailing twelve months (TTM) from Q3 of 2022:
=hf_Capital_Lease_Obligations("MSFT", "2022", 3, "TTM")
-
Last quarter (lq) and offsets:
=hf_Capital_Lease_Obligations("MSFT", "lq") =hf_Capital_Lease_Obligations("MSFT", "lq-1")
-
Using special symbols:
=hf_Capital_Lease_Obligations("^SPX", "2023") =hf_Capital_Lease_Obligations("@MSFT 110122C00020000","2022") =hf_Capital_Lease_Obligations("BTCUSD:DEFAULT","2023")
? Pro Tip: Combine this formula with other MarketXLS historical fundamental formulas (e.g., Revenue or Gross Profit) to build comprehensive financial models.
Common Questions
1. What if the function returns “NA”?
• This indicates the symbol may be invalid, the data is not available for the specified period, or your MarketXLS license does not support the function.
• Double-check the symbol format and ensure your license plan supports historical fundamentals.
2. Does this function update automatically?
• Yes. When MarketXLS refreshes data or you reopen the workbook with a valid internet connection, it will pull the latest information available.
3. Any performance considerations?
• For large datasets, consider limiting the frequency of data refreshes or using manual calculation mode in Excel.
• Use minimal calls for each ticker to reduce loading times.
4. How can I compare multiple quarters or years quickly?
• Create a table in Excel with different year
and quarter
inputs and apply the formula to each row.
• This allows an at-a-glance comparison of capital lease obligations over multiple periods.
?? Note: Ensure your MarketXLS plugin is up to date, and verify your plan covers historical fundamentals for your chosen symbols.