Current Liabilities (Historical) Formula in Excel

Use the Current Liabilities (Historical) formula in Excel to quickly retrieve the total amount of a company's short-term financial obligations that are due within one year or operating cycle. With MarketXLS, you can streamline your historical financial analysis, facilitating better investment and financial decisions.

Understanding Current Liabilities (Historical)

Current Liabilities (Historical) refers to a company's short-term financial obligations that it must pay within one year (or within one operating cycle, whichever is longer). Tracking this metric historically helps you:

• Assess a company's short-term financial health
• Evaluate its liquidity position
• Compare year-over-year or quarter-by-quarter changes

? Pro Tip: Use this formula to compare multiple companies or to trend a single company's current liabilities across different quarters for better strategic insights.

Syntax and Parameters

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

Return Value:
Returns a numeric value representing the total short-term financial obligations for the specified entity and period. If data is unavailable or invalid, the formula returns "NA".

?? Note: This function requires a valid MarketXLS license and historical fundamentals data subscription.

Examples and Usage

Below are some practical ways to use hf_Current_Liabilities in Excel with MarketXLS.

1. Retrieve current liabilities by specific year:

   =hf_Current_Liabilities("MSFT", 2022)

2. Specify the quarter (e.g., Q2):

   =hf_Current_Liabilities("MSFT", 2022, 2)

3. Trailing twelve months from Q3 of 2022:

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

4. Special period codes (e.g., last quarter):

   =hf_Current_Liabilities("MSFT", "lq")

5. Last year minus one (one year ago):

   =hf_Current_Liabilities("MSFT", "ly-1")

6. Last 12 months offset by -1:

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

? Pro Tip: You can also reference dates in different formats for more flexibility:
• Cell references:

=hf_Current_Liabilities(A1, B1)

• Direct date string:

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

• Excel date functions:

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

Common Questions

1. What if the formula returns “NA”?

• This often indicates invalid parameters, an unsupported symbol, or that you do not have the required data subscription. Ensure the symbol is correct and you have an active subscription.

2. Does it work for indices, options, or crypto assets?

• Yes. Simply pass the correct symbol format like "^SPX" for S&P 500, "@MSFT 110122C00020000" for an option, or "BTCUSD:DEFAULT" for a crypto asset.

3. Are there any performance considerations?

• Most queries run quickly. However, network speed and data source response time can occasionally cause delays. MarketXLS caches certain data to improve performance for repeated requests.

4. Can I use it for forecasting future current liabilities?

• This function only retrieves historical data. For forecasting, consider using it alongside other MarketXLS historical formulas or third-party financial modeling approaches.

5. What if I need additional historical fundamentals (e.g., revenue or gross profit)?

• MarketXLS offers other historical fundamental functions like hf_Revenue, hf_Gross_Profit, and more. Check the related functions:

• Revenue (Historical): Returns total revenue over specified periods

• Cost Of Revenue (Historical): Returns total cost of revenue over specified periods

• Gross Profit (Historical): Returns gross profit over specified periods

• R & D Expenses (Historical): Returns research and development expenses over specified periods

• Selling General and Administrative Expense (Historical): Returns selling, general, and administrative expenses

?? Note: If you see any specific issue or a persistent "NA" response, verify that your MarketXLS license is valid and your subscription covers historical fundamental data.