Interest Expense (Historical) Formula in Excel

Understanding Interest Expense (Historical)

Interest Expense (Historical) helps you retrieve a company's past interest expense values directly in Excel with MarketXLS. By leveraging MarketXLS’s historical fundamentals data, you can:

• Assess financing costs over different time periods
• Compare historical lending obligations across multiple companies or indices
• Improve your financial models with accurate historical datasets

Use this formula when you need precise insights into how much a company has spent on interest for specific or trailing periods.

Syntax and Parameters

=hf_Interest_Expense(Symbol, year, [quarter], [TTM])

Return Value

• The function typically returns a numeric value reflecting the interest expense.
• If data is unavailable or an error occurs, the function returns "NA" or a relevant error message.

?? Note: A valid MarketXLS historical fundamentals subscription is required. Otherwise, you may receive "NA" or a license error message.

Examples and Usage

Below are practical ways to use the hf_Interest_Expense function:

1. By referencing a symbol and year:

   =hf_Interest_Expense("MSFT", "2022")

   Retrieves Microsoft’s interest expense for the year 2022.

2. By specifying a quarter:

   =hf_Interest_Expense("MSFT", "2022", 2)

   Returns Microsoft’s interest expense for Q2 of 2022.

3. With trailing twelve months (TTM):

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

   Shows the trailing twelve months value from the third quarter of 2022.

4. Using last quarter or last year shortcuts:

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

   Fetches the value from the last reported quarter or last reported year, respectively.

5. Passing direct date references or combining with Excel date functions:

   • Using a cell reference for year:

     =hf_Interest_Expense("MSFT", A1)

   • Using a direct date string:

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

   • Using the TEXT function on a cell date:

     =hf_Interest_Expense("MSFT", TEXT(A1,"yyyy-mm-dd"))

? Pro Tip: You can easily switch symbols between standard, index, option, or crypto formats based on your analysis needs.

Real-World Application

• Compare multiple companies’ interest expenses to gauge their debt repayment strategies.
• Evaluate cost trends before making investment decisions.
• Combine with other MarketXLS historical fundamentals to build comprehensive dashboards.

Common Questions

1. Why do I get "NA"?
   This could mean the symbol is invalid, the subscription is inactive, or the data isn’t available for that period.

2. How often is the data updated?
   MarketXLS updates data on a regular basis. Data for recent quarters may appear after company filings.

3. Can I use this with international symbols?
   Yes. Ensure the symbol format is correct and that MarketXLS supports that region or exchange.

4. Any performance considerations?
   Large batches of formula calls may slow Excel due to API requests. Use them selectively or consider caching results within Excel.

?? Note: This function is part of the MarketXLS historical fundamentals suite. Ensure you have the appropriate data plan and keep your MarketXLS add-in updated.

• Related Functions:
  • Revenue (Historical): =hf_Revenue(...)
  • Cost Of Revenue (Historical): =hf_Cost_Of_Revenue(...)
  • Gross Profit (Historical): =hf_Gross_Profit(...)
  • R & D Expenses (Historical): =hf_RnD_Expense(...)
  • Selling General and Administrative Expense (Historical): =hf_Selling_General_Admin_Expense(...)