Gross Fixed Assets Plant Property And Equipment (Historical) Formula in Excel
Welcome to this comprehensive guide on using the “Gross Fixed Assets Plant Property And Equipment (Historical)” formula in Excel with MarketXLS. In this tutorial, you will learn how to quickly retrieve data reflecting the total amount a company has paid for its fixed assets, specifically plant, property, and equipment (PPE). This function is pivotal for investors, financial analysts, and researchers who want to evaluate a company’s long-term investments in physical assets.
Understanding Gross Fixed Assets Plant Property And Equipment (Historical)
Gross Fixed Assets Plant Property And Equipment (Historical) refers to the cumulative total cost a company has incurred to acquire and upkeep tangible assets such as machinery, buildings, and land. This metric is particularly useful for:
- Analyzing a company’s long-term capital investments.
- Tracking the historical growth of physical asset investment over different reporting periods.
- Making more informed decisions about a company’s infrastructure and capacity expansion.
Key Benefits
- Helps in understanding capital-intensive operations and asset-heavy business models.
- Enables comparison of a company’s asset expansion trends over different years or quarters.
- Provides insights into potential maintenance costs and operating leverage.
When to Use
- Use this formula when you need to assess the long-term asset base or compare asset growth rates across multiple companies.
- Ideal for ratio analysis, such as return on assets (ROA) or fixed asset turnover, which may require gross asset figures.
Syntax and Parameters
Below is the standard syntax for the MarketXLS function:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment(Symbol, year, [quarter], [TTM])
Parameter | Description | Required | Example |
---|---|---|---|
Symbol | The stock ticker symbol or other valid symbol for the asset. Accepts: regular symbols, indices, options, and crypto. | Yes | "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT" |
year | The desired reporting year. Can also use special inputs like "lq" (last quarter), "ly" (last year), or variations like "lq-1". | Yes | "2022", "lq", "ly-1" |
quarter | (Optional) The desired reporting quarter (1 to 4). Defaults to "1" if not provided. Also supports TTM or custom period inputs. | No | "2" |
TTM | (Optional) Trailing Twelve Months indicator. Set to "TTM" to evaluate rolling 12-month data from the specified quarter and year. | No | "TTM" |
Return Value
- Numerical Value: Represents the gross fixed assets in numerical form.
- "NA": Returned if data is unavailable, the symbol is invalid, or the user’s plan/license does not support the function.
?? Note: This function relies on external data from MarketXLS servers. Occasional delays may occur if large datasets are being fetched.
Examples and Usage
Below are some practical examples illustrating how you can use the formula in Excel:
- Retrieve gross fixed assets for the year 2022:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", "2022")
- Get data for the second quarter of 2022:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", "2022", 2)
- Fetch trailing twelve months (TTM) value for third quarter 2022:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", "2022", 3, "TTM")
- Shortcut for the last reported quarter:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", "lq")
? Pro Tip: You can also enter dates directly, cell references, or use Excel date functions. For example: • Using a cell reference:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment(A1, "2022")
• Using direct dates:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", "2024-03-15")
• Using Excel date functions:
=hf_Gross_Fixed_Assets_Plant_Property_and_Equipment("MSFT", TEXT(A1,"yyyy-mm-dd"))
Special Cases and Limitations
- If the symbol is invalid or not covered by MarketXLS, the function returns "NA".
- Some international tickers or sector-specific assets may have limited historical data availability.
- Using frequent calls to this function in a large spreadsheet may impact performance.
?? Note: For best performance, limit repetitive calculations by storing results in reference cells.
Common Questions
1. Why am I getting “NA” as a result?
- This usually occurs if the symbol is invalid, data for the requested period is unavailable, or the user license does not permit access to this function.
2. Can I use this formula for indices or crypto?
- Absolutely. For indices, use "^SPX" (or another valid index). For crypto, use "BTCUSD:DEFAULT" (or other recognized pair).
3. How do I compare results across multiple years?
- Create separate cells for each year’s value.
- Subtract or compare them directly or via Excel charts.
4. Does adding “TTM” affect the required parameters?
- Year and quarter still guide the starting period, but TTM generates a rolling 12-month sum up to that quarter.
5. Can I use “Gross Fixed Assets Plant Property And Equipment (Historical)” with other MarketXLS formulas?
- Yes. Combine it with other historical fundamentals like revenue or cost of revenue to build comprehensive financial models.
? Pro Tip: For deeper insights, pair this figure with the “Cost Of Revenue (Historical)” or “Gross Profit (Historical)” formulas to evaluate capital efficiency.
Need more help or insights on financial data? Explore similar MarketXLS formulas like:
- Revenue (Historical)
- Cost Of Revenue (Historical)
- Gross Profit (Historical)
- R & D Expenses (Historical)
- Selling General and Administrative Expense (Historical)
Stay updated with MarketXLS documentation for more advanced features and techniques.