Invested Capital (Historical) Formula in Excel

Understanding Invested Capital (Historical)

Invested Capital (Historical) is a powerful Excel function from MarketXLS that returns the total amount of capital a company has raised through equity and debt for a specified historical period. This data point is crucial for:

• Measuring a company’s overall financial health and growth.
• Performing investment analysis and various valuation methods.
• Tracking historical trends to make better-informed decisions.

? Pro Tip: Combine invested capital with other historical fundamentals (like revenue growth or earnings) to get deeper analytical insights into a company’s performance.

Syntax and Parameters

Use the hf_Invested_Capital function to retrieve historical invested capital data. The syntax is:

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

Below is a detailed breakdown of the parameters:

?? Note: This function returns "NA" if the data is unavailable, the symbol is invalid, or if your license does not support historical fundamentals.

Return Value

• Returns a numeric value representing the invested capital for the specified period.
• Returns "NA" if the data cannot be retrieved or if an error occurs.

Special Cases and Limitations

• Some older or less common symbols might have limited historical data.
• Higher volumes of requests may affect performance. Consider limiting function calls or caching values in Excel cells.
• A valid MarketXLS subscription with historical fundamental data access is required.

Examples and Usage

Below are various ways to call hf_Invested_Capital. These examples demonstrate different symbol types and date inputs:

1. Using a regular symbol:

   =hf_Invested_Capital("MSFT", 2022)

   Retrieves the invested capital for Microsoft in the year 2022.

2. Using an index symbol and a specific quarter:

   =hf_Invested_Capital("^SPX", 2023, 2)

   Fetches the invested capital for the S&P 500 index in Q2 of 2023.

3. Direct date input for TTM calculations:

   =hf_Invested_Capital("MSFT", "2024-03-15", 1, "TTM")

   Uses a specific date string for 2024 and Q1, returning trailing twelve months data.

4. Using Excel cell references:
   Suppose A1 has the symbol "MSFT", A2 has 2022, A3 has 2, A4 has "TTM":

   =hf_Invested_Capital(A1, A2, A3, A4)

5. Using Excel date functions:

   =hf_Invested_Capital("MSFT", TEXT(A1,"yyyy-mm-dd"), 3, "TTM")

   Converts the date in cell A1 to the required "yyyy-mm-dd" format before pulling the data.

?? Note: For option symbols, ensure correct formatting like "@MSFT 110122C00020000". For crypto assets, specify the exchange using "BTCUSD:DEFAULT".

Additional Examples

• Retrieve last quarter data:

  =hf_Invested_Capital("MSFT","lq")

• Retrieve data for last year minus one:

  =hf_Invested_Capital("MSFT","ly-1")

• Retrieve last 12 months data:

  =hf_Invested_Capital("MSFT","lt")

Common Questions

1. What if I get “NA” as a result?

   • Check for typos in the symbol or date.
   • Verify your MarketXLS historical fundamentals subscription is active.
   • Confirm that data is available for the chosen period.

2. Can I reference cells for dynamic calculations?

   • Yes, referencing cells for symbols, dates, quarters, or TTM is recommended, especially when analyzing multiple companies at once.

3. Does this function work for international stocks?

   • It depends on data availability. If MarketXLS supports that international symbol with historical fundamentals, the function should return the data.

4. How can I improve performance when using hundreds of these formulas?

   • Use fewer calls by storing results in separate cells once, then reference them elsewhere.
   • Turn off Excel recalculation for large datasets and manually recalculate as needed.

5. Is there a quick way to combine this with other historical fundamental data?

   • Yes, you can use other MarketXLS historical functions (e.g., hf_Revenue, hf_Gross_Profit) in adjacent cells or in the same formula logic to build complete financial statements.

? Pro Tip: Remember to utilize Excel’s built-in features such as dynamic arrays, conditional formatting, and pivot tables to organize, visualize, and analyze your data retrieved by hf_Invested_Capital.