Increase Decrease In Other Current Liabilities (Historical) Formula in Excel

Understanding Increase Decrease In Other Current Liabilities (Historical)

The Increase Decrease In Other Current Liabilities (Historical) formula in Excel with MarketXLS helps you fetch the change in other current liabilities of a company for a specified historical period. This data is particularly useful for:

• Financial analysis: Evaluating short-term liability changes for companies.
• Trend analysis: Monitoring whether a firm’s other current liabilities are increasing or decreasing over time.
• Decision making: Identifying potential liquidity and operational issues.

? Pro Tip: Use this formula to augment your analysis when comparing a company’s recent liabilities to its longer-term financial trends.

Syntax and Parameters

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

Return Value
• Returns a numeric value representing the change in other current liabilities for the specified period.
• If the symbol or license is invalid, or if any issues occur during API lookup, the formula returns "NA".

?? Note: This formula fetches data from MarketXLS APIs. Performance may depend on your internet connection and MarketXLS server response times.

Examples and Usage

Below are several ways to use the formula. Adjust the parameters as needed:

1. Basic usage to retrieve data for a specific year:

   =hf_Increase_Decrease_in_Other_Current_Liabilities("MSFT", 2022)

2. Specifying year and quarter:

   =hf_Increase_Decrease_in_Other_Current_Liabilities("MSFT", 2022, 2)

3. Using trailing twelve-month data:

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

4. Referencing a cell for the year parameter:
   If cell A1 contains “2024”:

   =hf_Increase_Decrease_in_Other_Current_Liabilities("MSFT", A1)

5. Using relative references for “last quarter” or “last year”:

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

Special Cases

• You can pass relative references like "lq" (last quarter), "lq-1" (one quarter prior), "ly" (last year), etc.
• If you need to reference a date directly for “Year,” see the MarketXLS documentation on working with date references in formulas.
• For large volumes of requests, keep in mind possible API rate limits.

Common Questions

1. What if my formula returns “NA”?

   • It usually means the symbol is invalid, your license status is not sufficient, or the data for that period is not available.

2. Can I use this formula for non-US stocks or crypto?

   • Yes. Passing symbols like "BTCUSD:DEFAULT" or foreign tickers is supported if MarketXLS provides data for them.

3. How often is the data updated?

   • Data is refreshed according to MarketXLS schedules. Refer to your plan details for update frequency.

4. Best practices for using the formula?

   • Use cell references for the Year parameter to avoid manual updates.
   • Combine with other historical formulas (e.g., revenue, gross profit) for a comprehensive financial workbook.

5. Performance considerations?

   • This function queries external MarketXLS servers. If you experience slow responses, reduce the number of simultaneous requests or consider a more robust subscription plan.

Use the Increase Decrease In Other Current Liabilities (Historical) formula in Excel with MarketXLS to gain immediate insights into a company’s changing short-term liabilities. Combine it with other fundamental formulas to build a full financial picture in your spreadsheet.