Land And Improvements (Historical) Formula in Excel

Understanding Land And Improvements (Historical)

The Land And Improvements (Historical) formula helps you retrieve past values of spending on land enhancements and improvements for a particular company. This could include alterations or modifications to increase a property’s value. Use this function to:

• Track historical land and improvements data.
• Compare trends across multiple quarters or years.
• Perform in-depth fundamental analyses using live market data from MarketXLS.

? Pro Tip: Combining this formula with other financial metrics can give deeper insights into how a company’s fixed assets evolve over time.

Syntax and Parameters

The hf_Land_and_Improvements function requires a valid symbol and a desired time period. It returns a numeric value (or text "NA" if data is unavailable).

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

?? Note:

• If the symbol is invalid or you do not have the required license, the function returns "NA".
• Passing an empty string ("") for Quarter triggers a default internal calculation.

Examples and Usage

Below are some practical ways to use the formula:

1. Retrieve data for a specified stock and year:

   =hf_Land_and_Improvements("MSFT", "2022")

   Returns the Land And Improvements (Historical) value for Microsoft in 2022.

2. Specify a quarter:

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

   Retrieves the Q2 2022 value.

3. Use trailing twelve months (TTM) data:

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

   Fetches the TTM value from Q3 2022.

4. Leverage relative periods:

   • Last Quarter:

     =hf_Land_and_Improvements("MSFT", "lq")

   • Last Quarter minus one:

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

   • Last Year:

     =hf_Land_and_Improvements("MSFT", "ly")

   • Last 12 Months:

     =hf_Land_and_Improvements("MSFT", "lt")

? Pro Tip: You can reference cells for parameters. For example, if cell A2 has "MSFT" and cell B2 has "lq", you can use:

=hf_Land_and_Improvements(A2, B2)

Performance Considerations

• Each function call retrieves data over the internet. Bulk usage can slow down your spreadsheet.
• Caching or scheduling data retrieval during off-peak hours can improve performance.

Common Questions

What does the function return if data is missing?

If the company has not reported Land And Improvements (Historical) values or the symbol/year is invalid, the function returns "NA".

Can I use custom date formats for the Year parameter?

Currently, the function focuses on fiscal years or special keywords (like "ly", "lq", "lt"). Full date strings (e.g., "2024-03-15") are not used for the Year parameter since the formula expects discrete periods.

What if I only have access to end-of-year data?

When quarterly data isn’t available, the function will fall back to the default or return "NA" if the query can’t be satisfied.

How can I incorporate this into a larger analysis?

• Combine this formula with other Historical Fundamentals metrics such as hf_Revenue, hf_Cost_of_Revenue, hf_Gross_Profit, etc.
• Use the data to calculate ROI or other performance ratios on company property investments.

?? Note: Always ensure your MarketXLS license is valid and your subscription plan supports historical fundamentals for the requested symbol.

Related Functions:

• Revenue (Historical): Tracks total revenue for a specified period.
• Cost Of Revenue (Historical): Retrieves a company’s total cost of revenue for a specified period.
• Gross Profit (Historical): Returns gross profit data, useful for margin analysis.
• R & D Expenses (Historical): Fetches R&D expenses for fundamental research.
• Selling General and Administrative Expense (Historical): Provides SG&A expenses for cost breakdowns.