Cash and Equivalents USD (Historical) Formula in Excel

Cash and Equivalents USD (Historical) in Excel (with MarketXLS) helps you quickly access and analyze a company's cash and cash equivalents in USD for a specific historical period. These short-term, highly liquid assets are vital indicators of a company’s financial health. By integrating this formula into your worksheets, you can streamline fundamental analysis and make more informed investment decisions.

Understanding Cash and Equivalents USD (Historical)

• Purpose and Use Cases
  The Cash and Equivalents USD (Historical) formula allows you to retrieve the value of a company’s cash holdings for a given year, quarter, or trailing twelve months (TTM). This data is helpful for:

  • Assessing liquidity and short-term financial stability
  • Comparing cash positions across multiple firms or sectors
  • Evaluating changes in cash over time

• Key Benefits

  • Automatically pulls historical data from MarketXLS
  • Helps investors gauge the company’s short-term financial health
  • Integrates seamlessly with other Excel modeling and analysis

• When to Use
  Use this function whenever you need quick and reliable data on a company’s cash position, whether for quarterly earnings comparisons, yearly analysis, or trailing twelve-month trends.

Syntax and Parameters

=hf_Cash_and_Equivalents_USD(Symbol, year, [quarter], [TTM])

Return Value
Returns a numeric value representing the total cash and equivalents in USD. If the symbol is invalid or data is unavailable, the function returns "NA".

?? Note: This function fetches historical data from MarketXLS servers and requires a valid historical fundamentals data subscription. Extensive usage may impact performance if internet connectivity is slow.

Examples and Usage

Below are some practical ways to use the Cash and Equivalents USD (Historical) formula:

1. Basic Yearly Usage

   =hf_Cash_and_Equivalents_USD("MSFT", "2022")

   Retrieves the value of Microsoft's cash and equivalences in USD for the year 2022.

2. Quarterly Analysis

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

   Returns Microsoft’s cash for the second quarter of the 2022 calendar year.

3. TTM (Trailing Twelve Months)

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

   Calculates the trailing twelve months cash value as of the third quarter of 2022.

4. Relative Periods
   » Last quarter

   =hf_Cash_and_Equivalents_USD("MSFT", "lq")

   » Last quarter minus one

   =hf_Cash_and_Equivalents_USD("MSFT", "lq-1")

   » Last year

   =hf_Cash_and_Equivalents_USD("MSFT", "ly")

5. Cell References & Different Date Formats

   • Using a cell reference:

     =hf_Cash_and_Equivalents_USD(A1, B1)

     (Where A1 could be "MSFT" and B1 could be "2022" or "ly".)
   • Direct date (if you store a date in the cell, the function will parse out the year):

     =hf_Cash_and_Equivalents_USD("MSFT", "2024-03-15")

   • Using Excel date functions:

     =hf_Cash_and_Equivalents_USD("MSFT", TEXT(A1,"yyyy-mm-dd"))

? Pro Tip: Combine this formula with other MarketXLS historical fundamentals (like hf_Revenue, hf_Gross_Profit) in a single worksheet to build a complete financial dashboard.

Common Questions

1. What if my Symbol is invalid?

   • The function returns "NA" to indicate no available data or an invalid symbol.

2. Why am I getting "NA" even though I have a subscription?

   • Ensure your MarketXLS license is valid and you have the historical data subscription. Also verify correct spelling of the symbol.

3. How do I handle performance issues with multiple calls?

   • Large spreadsheets with many live formulas can slow down performance. Try limiting real-time calls or using them on-demand.

4. Can I use this function for any global stock?

   • Yes, as long as MarketXLS supports fundamental data for that symbol. Indices, options, and crypto are also supported.

5. Are there any limitations with date inputs?

   • The formula primarily expects a year string or relative period. If you pass a full date, it will parse out the year portion. For more complex date handling, consider referencing a cell that calculates or formats the year.

By understanding these tips and best practices, you’ll be better equipped to leverage the Cash and Equivalents USD (Historical) formula for robust analysis within Excel.