Invested Capital Average (Historical) Formula in Excel

Use the Invested Capital Average (Historical) formula in Excel with MarketXLS to quickly retrieve a company's average invested capital. This metric reflects the total funds sourced from both equity and debt holders over the specified period, helping you gauge how effectively the company is utilizing its capital.

Understanding Invested Capital Average (Historical)

• The formula pulls historical fundamental data to show the average amount of money a company has invested in its operations.
• Key benefits include better insights into corporate financing and an understanding of capital structure over time.
• Use this when analyzing a company's performance trends, comparing multiple companies, or performing in-depth fundamental analysis.

? Pro Tip: If you have dates in cells, you can pass the year dynamically by using Excel’s built-in functions. For example: =hf_Invested_Capital_Average("MSFT", YEAR(A1))

Syntax and Parameters

Syntax

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

Return Value

• Returns a numeric value representing the average invested capital for the specified symbol and period.
• If the symbol is invalid, the data is unavailable, or the user is not subscribed to the required MarketXLS data plan, the function returns "NA".

?? Note: High volumes of hf_ function calls can slow down your Excel sheet due to multiple requests to MarketXLS servers.

Examples and Usage

Below are common use cases. Replace "MSFT" and "2022" with any supported symbol and desired periods:

1. Retrieve annual data for a given year:

   =hf_Invested_Capital_Average("MSFT", 2022)

2. Specify a quarter:

   =hf_Invested_Capital_Average("MSFT", 2022, 2)

3. Include trailing twelve months data (TTM):

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

4. Use relative periods for last quarter (lq):

   =hf_Invested_Capital_Average("MSFT", "lq")

5. Combine relative periods and quarters:

   =hf_Invested_Capital_Average("MSFT", "lq-1")

6. Retrieve last year (ly) value:

   =hf_Invested_Capital_Average("MSFT", "ly")

7. Get last 12 months (lt):

   =hf_Invested_Capital_Average("MSFT", "lt")

? Pro Tip: Use cell references to dynamically update parameters. For example, if A1 contains "2022", you can use =hf_Invested_Capital_Average("MSFT", A1).

Common Questions

1. What if I get "NA"?

   • This often indicates an invalid symbol or insufficient MarketXLS data subscription. Double-check your ticker symbol and subscription plan.

2. Do I have to provide both Year and Quarter?

   • Year is required, but Quarter is optional. If Quarter is omitted, the function defaults to quarter "1".

3. How does TTM work here?

   • If you pass "TTM" in the TTM parameter, the formula calculates the trailing twelve months from the specified quarter and year (or the last available date if using relative periods).

4. Can I convert dates directly into the Year parameter?

   • Yes. Use Excel’s built-in functions, like YEAR(A1) or TEXT(A1,"yyyy"), to convert a date into a year before passing it to hf_Invested_Capital_Average.

5. Are there performance considerations?

   • Yes. Each hf_ function query pulls data from MarketXLS’s servers, so large spreadsheets with many hf_ calls can experience slower performance. Consider batching queries or using faster refresh intervals.

Related Functions

• Revenue (Historical): Analyzes a company's total sales for a historical period.
• Cost Of Revenue (Historical): Provides historical cost of revenue.
• Gross Profit (Historical): Retrieves the gross profit figure for specified historical dates.
• R & D Expenses (Historical): Looks at historical expenditures on research and development.
• Selling General and Administrative Expense (Historical): Returns SG&A costs for the specified period.