Consolidated Income (Historical) Formula in Excel

Consolidated Income (Historical) in Excel is a powerful MarketXLS formula for retrieving a company's historical, combined revenue, expenses, and income from both a parent organization and its subsidiaries—crucial for thorough financial analysis. This function helps you quickly access and analyze consolidated income statements directly within your Excel spreadsheet, incorporating trailing twelve months (TTM), quarters, and more.

Understanding Consolidated Income (Historical)

Consolidated Income (Historical) focuses on:

• Providing the net income data of a parent company and its subsidiaries, combined into one statement.
• Offering flexibility to retrieve specific years, quarters, or TTM values.
• Improving efficiency when analyzing long-term or comparative income data.

Key benefits include:

• Quickly generating consolidated financial snapshots.
• Simplifying analysis of complex corporate structures.
• Streamlining financial modeling, forecasting, and reporting activities.

You should use this formula when:

• Performing corporate-level revenue and expense analysis.
• Comparing consolidated figures across multiple periods.
• Evaluating a company's overall financial performance.

Syntax and Parameters

Use the hf_Consolidated_Income function to pull historical consolidated income data in Excel.

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

?? Note: The function returns "NA" if the symbol is invalid, license is not valid, or if there is another data retrieval error.

Return Value:
• Returns either a numeric value representing consolidated income for the specified period or "NA" if data is not available or an error occurs.

Examples and Usage

Below are some practical ways to use the Consolidated Income (Historical) formula. Experiment with different quarters and TTM to tailor your analysis:

1. Basic Annual Retrieval:

   =hf_Consolidated_Income("MSFT", 2022)

   Retrieves the consolidated income for Microsoft in 2022.

2. Quarterly Breakdown:

   =hf_Consolidated_Income("MSFT", 2022, 2)

   Returns Q2 of 2022 consolidated income for Microsoft.

3. TTM Data:

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

   Shows trailing twelve months consolidated data from Q3 2022.

4. Using Last Year or Last Quarter Shorthand:

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

   Quickly returns the last or previous quarter or year’s data without manually specifying the year or quarter.

5. Last 12 Months Shortcut:

   =hf_Consolidated_Income("MSFT", "lt")
   =hf_Consolidated_Income("MSFT", "lt-1")

   Pulls the most recent or the previous trailing twelve months consolidated income data.

? Pro Tip: Combine this formula with other MarketXLS functions (like Revenue (Historical) or Gross Profit (Historical)) to build a comprehensive financial dashboard.

Common Questions

1. Why am I seeing "NA" in some cells?

   • It indicates invalid symbols, license limitations, or server/connection errors. Double-check your symbol and ensure your MarketXLS license is valid.

2. Can I use cell and date references for the year?

   • Yes. For example:

     =hf_Consolidated_Income(A1)  
     =hf_Consolidated_Income("2023-01-10")  
     =hf_Consolidated_Income(TEXT(A1,"yyyy-mm-dd"))

     Make sure the referenced cell can be correctly interpreted as a date or year.

3. How can I handle performance concerns?

   • Each formula call fetches data from MarketXLS servers. If you have many formulas, consider limiting updates to manual recalculation or grouping multiple data points into fewer requests.

4. Does this function calculate expenses or profit metrics?

   • The function specifically returns the total consolidated income. For profit or expense details, use complementary MarketXLS historical functions (e.g., “Gross Profit (Historical)”, “R & D Expenses (Historical)”).

5. What if I want consolidated data for companies with complex structures?

   • The function already accounts for parent-subsidiaries data. Simply use the correct symbol, year, quarter, and TTM parameters to get the merged values.

By leveraging the Consolidated Income (Historical) formula in Excel, you can seamlessly integrate crucial consolidated financial data into your analysis, saving time and improving accuracy for informed decision-making.