Income Acquired In Process Research & Development (Historical) Formula in Excel

Gain deeper insights into your stock market fundamentals and financial statements using the Income Acquired In Process Research & Development (Historical) function in Excel with MarketXLS. This Excel formula retrieves the historical value of intangible assets related to in-process R&D that a company recognizes after an acquisition event. Leverage this data for enhanced financial modeling, portfolio analysis, and valuation estimates.

Understanding Income Acquired In Process Research & Development (Historical)

The Income Acquired In Process Research & Development (Historical) function helps you:

• Identify intangible assets recognized as a result of R&D activities during acquisitions.
• Compare year-over-year or quarter-over-quarter changes, especially when analyzing company mergers or acquisitions.
• Enhance your valuation models by including intangible asset data derived from corporate mergers.

Use this formula when you need to:

• Conduct due diligence on companies with significant M&A activity.
• Perform comprehensive intangible asset analysis.
• Estimate the impact of R&D on long-term value.

Syntax and Parameters

Use the following syntax in Excel:

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

?? Note: If the symbol is invalid or you do not have a valid license, the function returns "NA". If the API call encounters any errors, the function also returns "NA".

Return Value:
• Returns a numeric value representing the historical in-process R&D acquired. If data is unavailable or an error occurs, the function returns "NA".

? Pro Tip: Use the parameter variations like "lq", "ly", and "lt" to quickly fetch last quarter, last year, and last twelve months’ data respectively.

Examples and Usage

Below are practical ways to use the Income Acquired In Process Research & Development (Historical) formula:

1. Fetch annual data:

   =hf_Income_acquired_in_process_RandD("MSFT", 2022)

   Retrieves the in-process R&D acquired for Microsoft in the year 2022.

2. Specify quarter data:

   =hf_Income_acquired_in_process_RandD("MSFT", 2022, 2)

   Returns Microsoft’s data in Q2 of 2022.

3. Use TTM (trailing 12 months):

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

   Grabs TTM data ending in Q3 of 2022.

4. Last Quarter or Last Year:

   =hf_Income_acquired_in_process_RandD("MSFT", "lq")
   =hf_Income_acquired_in_process_RandD("MSFT", "ly")

   • "lq" fetches data for the latest reported quarter.
   • "ly" fetches data for the latest reported year.

5. Shifting previous periods:

   =hf_Income_acquired_in_process_RandD("MSFT", "lq-1")
   =hf_Income_acquired_in_process_RandD("MSFT", "ly-1")

   • "lq-1" gets data from one quarter before the latest.
   • "ly-1" gets data from one year before the latest reported year.

6. Last Twelve Months variations:

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

   • "lt" fetches the last 12 months.
   • "lt-1" fetches the 12 months before the last 12 months.

Date Inputs

While this function primarily uses a year and quarter system, you can still pass date values in other MarketXLS functions, for example:

• =Function(A1)

• =Function("2024-03-15")

• =Function(TEXT(A1,"yyyy-mm-dd"))

? Pro Tip: Combine special parameters (lq, ly, etc.) with TTM to customize the exact period you want to evaluate.

Common Questions

1. Does the function automatically update with newly released data?
   Yes. Once the new data becomes available, MarketXLS updates the fundamentals database. Refresh your spreadsheet or press F9 to recalculate and pull the latest values.

2. What happens if the symbol is invalid?
   The function returns "NA" if the ticker symbol is incorrect or if it is not supported under your license plan.

3. How do I handle performance considerations?

   • MarketXLS caches API data to reduce load times.
   • If you are running many formulas simultaneously, consider using smaller data sets or referencing cells to optimize performance.

4. Can this formula be used for all stocks worldwide?
   Coverage depends on MarketXLS’s fundamental data availability. U.S. companies typically have comprehensive data, while international coverage may vary.

5. What is the difference between Quarter and TTM?

   • A quarter (Q1, Q2, Q3, or Q4) isolates that specific three-month period.
   • TTM (trailing 12 months) aggregates data from the past 12 months, giving a moving annual figure.

For related metrics, explore:

• Revenue (Historical): Returns total revenue for a specified period.
• Cost Of Revenue (Historical): Returns total cost of revenue for a specified period.
• Gross Profit (Historical): Returns the gross profit over the selected timeframe.
• R & D Expenses (Historical): Retrieves research and development expenses for the specified period.
• Selling General and Administrative Expense (Historical): Shows SG&A costs over a historical period.