Cash At Beginning Of Period (Historical) Formula in Excel

Understanding Cash At Beginning Of Period (Historical)

The Cash At Beginning Of Period (Historical) formula in Excel with MarketXLS retrieves the company’s cash amount at the start of a given financial year (and optionally quarter). This is particularly useful for:

• Tracking periodic changes in a company’s cash position.
• Performing comparative analysis of financials over years or quarters.
• Creating year-over-year (YoY) or quarter-over-quarter (QoQ) cash flow statements efficiently.

? Pro Tip: Combine this formula with other historical fundamentals (e.g., Gross Profit or Revenue) to build detailed financial models.

Syntax and Parameters

Use the following syntax to call the function in Excel:

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

?? Note: If an invalid symbol is provided or your MarketXLS license is not valid for this function, the formula returns "NA".

Return Value

• Returns a numeric value representing the cash balance at the beginning of the specified period.
• Returns "NA" if data is unavailable or parameters are invalid.

Error Handling and Special Cases

• The function checks if the symbol is valid; otherwise, returns "NA".
• If your subscription plan does not support certain data types (e.g., foreign equities), it also returns "NA".
• Large datasets or repeated calls may impact performance; consider caching or using references for frequently retrieved data.

Examples and Usage

Below are practical examples demonstrating various ways to use the formula:

1. Retrieve the cash at the beginning of 2022 for Microsoft:

   =hf_Cash_at_Beginning_of_Period("MSFT", "2022")

2. Get the cash at the start of Q2 2022 for Microsoft:

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

3. Obtain TTM value from Q3 2022 onward for Microsoft:

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

4. Use last-quarter reference (lq) to retrieve the most recent quarter’s starting cash:

   =hf_Cash_at_Beginning_of_Period("MSFT", "lq")

5. Combine with offsets to compare different quarters or years:

   =hf_Cash_at_Beginning_of_Period("MSFT", "lq-1")
   =hf_Cash_at_Beginning_of_Period("MSFT", "ly-1")
   =hf_Cash_at_Beginning_of_Period("MSFT", "lt-1")

? Pro Tip: Link the Year parameter to a cell reference for dynamic analysis. For instance:
=hf_Cash_at_Beginning_of_Period(A1, B1)
where A1 contains the symbol and B1 contains the year.

Common Questions

1. Can I retrieve cash at the beginning of a custom date range?
   Currently, this function focuses on full years, quarters, and trailing twelve months. If you need custom date ranges, explore other MarketXLS formulas or combine them with Excel’s date functions.

2. What does "TTM" stand for, and how does it affect the result?
   TTM means trailing twelve months. When used, it considers the preceding 12-month window from the specified quarter.

3. Why am I getting "NA" for a valid symbol?
   Ensure that the symbol is supported on your subscription plan and that you have an active internet connection. Also verify the parameters (e.g., no extra spaces, correct year, etc.).

4. How do I improve performance when running many formulas at once?

   • Store symbol references in cells and reuse them.
   • Avoid recalculating large sets of data too frequently.
   • Make use of MarketXLS caching features (if available).

?? Note: The data returned depends on MarketXLS’s coverage and your subscription level. Always confirm data accuracy with official company filings.

Related Functions:

• Revenue (Historical): Returns the company’s total revenue for a specified historical period.
• Cost Of Revenue (Historical): Returns the company’s total cost of revenue for a specified historical period.
• Gross Profit (Historical): Returns the company’s gross profit for a specified historical period.
• R & D Expenses (Historical): Returns the company’s research and development expenses for a specified historical period.
• Selling General and Administrative Expense (Historical): Returns the company’s SG&A expenses for a specified historical period.