Depreciation Unreconciled (Historical) Formula in Excel

Understanding Depreciation Unreconciled (Historical)

The Depreciation Unreconciled (Historical) formula in Excel with MarketXLS helps you analyze any differences between recorded depreciation and tax-based depreciation for a company. This insight is vital for:

• Ensuring alignment between book and tax records
• Identifying potential optimization areas in asset depreciation strategies
• Comparing financial statements across different periods

? Pro Tip: Use this function to reconcile financial statements more accurately and detect potential reporting discrepancies promptly.

Syntax and Parameters

=hf_Depreciation_Unreconciled(symbol, year, [quarter], [TTM])

• Return Value:
  The function returns a numeric value representing the unreconciled depreciation for the specified period. If the requested data is unavailable or an error occurs, the function returns "NA".

?? Note: Invalid symbols or licensing issues also result in "NA".

Examples and Usage

Below are practical ways to use hf_Depreciation_Unreconciled:

• By ticker symbol directly:

  =hf_Depreciation_Unreconciled("MSFT", 2022)

• Using different symbol formats:

  =hf_Depreciation_Unreconciled("^SPX", 2023, 2)
  =hf_Depreciation_Unreconciled("@MSFT 110122C00020000", "ly")
  =hf_Depreciation_Unreconciled("BTCUSD:DEFAULT", "lq", 3, "TTM")

• Using relative periods:

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

• Working with date-type parameters (though this function primarily needs a year value):
  1. Cell reference:

     =hf_Depreciation_Unreconciled($A$1, 2024)

  2. Direct date (converted to year within your formula logic if needed):

     =hf_Depreciation_Unreconciled("MSFT", YEAR("2024-03-15"))

  3. Excel date functions (again converting the date to the year if required):

     =hf_Depreciation_Unreconciled("MSFT", YEAR(TEXT($A$1,"yyyy-mm-dd")))

? Pro Tip: Combine hf_Depreciation_Unreconciled with other historical fundamental functions (e.g., Revenue, Gross Profit) to get a holistic view of a company’s financial statement.

Common Questions

1. What if the function returns "NA"?

   • This may indicate an invalid symbol, unavailable data for the specified period, or licensing limitations.

2. How can I speed up performance?

   • Since this function queries external data, avoid excessive recalculations. Use Excel’s calculation options or reference the results in auxiliary cells.

3. Does this function work for all markets?

   • MarketXLS supports many global tickers, options, indices, and some crypto symbols. If data is missing, you may receive "NA".

4. Can I compare multiple quarters or years at once?

   • Yes. Simply place the formula in different cells with varying parameters to retrieve a series of values for comparison.

5. How do I interpret the result?

   • A higher difference might indicate a variance in how depreciation is recorded vs. how it is recognized for tax purposes. Consult accounting principles to interpret specific outcomes.

?? Note: Always verify data accuracy with official filings to ensure compliance and correct interpretation.