Debt Current (Historical) Formula in Excel
Debt Current (Historical) is a powerful Excel formula provided by MarketXLS that helps you retrieve the amount of a company's short-term debts (due within one year or less) for a specified historical period. By leveraging this function, investors and analysts can easily track a company's short-term financial liabilities and make well-informed decisions.
Understanding Debt Current (Historical)
Debt Current (Historical) reveals the short-term debt portion of a company’s overall debt. It is particularly useful for:
- Monitoring a company’s liquidity and short-term liabilities
- Comparing year-over-year or quarter-over-quarter changes in short-term debt
- Gaining insights into a company’s financial stability
? Pro Tip: Use Debt Current (Historical) alongside other MarketXLS formulas (such as Revenue (Historical) or Gross Profit (Historical)) to analyze broader financial trends.
Syntax and Parameters
Below is the syntax for using the Debt Current (Historical) formula in Excel:
=hf_Debt_Current(Symbol, Year, [Quarter], [TTM])
Parameter | Description | Required | Example |
---|---|---|---|
Symbol |
The stock ticker or symbol. | Yes | "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT" |
Year |
The fiscal year or special placeholder (e.g., "lq", "ly", "lt") to pull. | Yes | 2022, "lq", "ly", "lt", "2021" |
Quarter |
The calendar quarter (1, 2, 3, or 4). | No | 2 |
TTM |
Optional flag for trailing 12 months ("TTM"). | No | "TTM" |
• Return Value:
- Returns a numeric value (the short-term debt).
- Returns
"NA"
if the symbol is invalid or data is not available.
• Error Handling:
- If the symbol is invalid, the formula returns
"NA"
. - If your license level does not support this function,
"NA"
or a custom message may appear.
?? Note: Ensure you have a valid MarketXLS subscription that covers historical fundamental data.
Examples and Usage
Here are some practical examples of the Debt Current (Historical) formula. Simply enter these formulas into an Excel cell:
-
Retrieve short-term debt for a given year:
=hf_Debt_Current("MSFT", 2022)
-
Specify year and quarter:
=hf_Debt_Current("MSFT", 2022, 2)
-
Year, quarter, and trailing twelve months (TTM):
=hf_Debt_Current("MSFT", 2022, 3, "TTM")
-
Retrieve the value for the last quarter (most recent data):
=hf_Debt_Current("MSFT", "lq")
-
Get data using “ly” or “lt” (last year, last twelve months):
=hf_Debt_Current("MSFT", "ly") =hf_Debt_Current("MSFT", "lt")
? Pro Tip: You can also reference dates directly, use cell references, or wrap dates in Excel date functions if needed:
- Cell reference: =hf_Debt_Current(A1, 2023)
- Direct date text: =hf_Debt_Current("MSFT", "2024-03-15")
- Excel date function: =hf_Debt_Current("MSFT", TEXT(A1, "yyyy-mm-dd"))
Common Questions
1. Why am I getting “NA” in my results?
- You may have used an invalid symbol (e.g., mistyped ticker).
- Your MarketXLS subscription might not include certain historical data features.
- The requested data might not exist for the specified year/quarter.
2. Does this formula affect performance of my Excel sheet?
- MarketXLS formulas fetch data from external APIs, so performance depends on API response times and your internet connection. For very large spreadsheets, consider refreshing data in batches.
3. Can I use this formula with indices, options, or cryptocurrencies?
- Yes. Use the correct symbol format:
- Indices: "=hf_Debt_Current("^SPX", 2022)"
- Options: "=hf_Debt_Current("@MSFT 110122C00020000", 2022)"
- Crypto: "=hf_Debt_Current("BTCUSD:DEFAULT", 2022)"
4. What does TTM mean?
- TTM stands for trailing twelve months, providing a rolling one-year period of financial data.
- To recap, the Debt Current (Historical) formula is an essential tool for quickly analyzing a company’s short-term debt obligations. By combining it with related functions such as Revenue (Historical) and Gross Profit (Historical), you can build a comprehensive financial analysis within Excel.
?? Note: Always verify data accuracy before making financial decisions. MarketXLS data is periodically updated, but intervals may vary.