Deferred Income Taxes (Historical) Formula in Excel

Discover how to use the Deferred Income Taxes (Historical) formula in Excel with MarketXLS to effortlessly evaluate a company's deferred income taxes for a specified period. This powerful Excel function saves you time and supports more informed financial analysis.

Understanding Deferred Income Taxes (Historical)

• Purpose: Retrieves the impact on deferred income taxes resulting from differences in income recognition between financial reporting and tax laws.
• Key Benefits:
  • Provides quick insight into a company's deferred tax balance over a given period.
  • Helps in analyzing the tax implications on earnings for a complete financial overview.
• When to Use:
  • Ideal for fundamental analysis, tax planning, and comparing historical tax liabilities across multiple time frames.

Syntax and Parameters

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

?? Note: If the Symbol is invalid or your license is inactive, the function will return "NA".

Return Value: A numeric value representing the deferred income taxes for the specified period.

? Pro Tip: Combine this function with other MarketXLS historical fundamental functions (e.g., revenue, gross profit) to compare multiple metrics side by side.

Examples and Usage

Below are common usage scenarios:

1. Retrieve deferred income taxes for the year 2022:

   =hf_Deferred_Income_Taxes("MSFT", 2022)

2. Retrieve deferred income taxes for year 2022, quarter 2:

   =hf_Deferred_Income_Taxes("MSFT", 2022, 2)

3. Retrieve deferred income taxes for year 2022, quarter 3, on a TTM basis:

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

4. Retrieve deferred income taxes for the last quarter (lq):

   =hf_Deferred_Income_Taxes("MSFT", "lq")

5. Using cell references for date:

   =hf_Deferred_Income_Taxes(A1, YEAR(A2))

   (Where A1 contains the symbol and A2 contains the date.)

?? Note: Always ensure your parameters are valid and in correct format (especially your date references) to avoid unexpected errors.

Handling Different Date Input Formats

• Cell references:

  =hf_Deferred_Income_Taxes(A1, A2)

• Direct dates (as text):

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

• Leveraging Excel date functions:

  =hf_Deferred_Income_Taxes("MSFT", TEXT(A3,"yyyy-mm-dd"))

Common Questions

1. What if I receive "NA" when using this function?

You might have an invalid ticker symbol, an expired license, or a missing parameter. Double-check your Symbol and license validity.

2. Does MarketXLS cache data for performance?

Yes, MarketXLS employs caching mechanisms to improve performance, especially for repeated requests.

3. Can I use this function for international tickers?

Yes, if your plan includes international market data, you can use the same syntax with the relevant ticker symbols.

4. How do I compare deferred income taxes across multiple symbols?

Simply use the function multiple times with different Symbol parameters in separate cells for a side-by-side comparison.

5. Are trailing 12-month (TTM) calculations always available?

TTM data may not be available for symbols or periods without sufficient historical data. The function will return "NA" if data is unavailable.

Use the Deferred Income Taxes (Historical) formula in Excel with MarketXLS for precise historical tax details, enabling deeper insights into a company's financial health.