hf_Long_Term_Debt_to_Equity_Ratio: Retrieve Long-Term Debt to Equity in Excel with MarketXLS

The hf_Long_Term_Debt_to_Equity_Ratio function in MarketXLS is designed to pull a company's long-term debt-to-equity ratio directly into Excel. This helps you quickly evaluate how heavily a company relies on borrowed money compared to its shareholders' equity. By automating the retrieval of this key fundamental metric, you can streamline your analysis and make more informed investment decisions.

Why Use This Function?

• Easily incorporate a key solvency metric into your Excel workflows.
• Compare a company's reliance on debt over different time frames (quarterly, yearly, trailing twelve months).
• Save time by eliminating the need for manual data gathering—automate ratio lookups.
• Pinpoint trends in a company's financial leverage and risk profile.
• Ideal for fundamental analysts, portfolio managers, and individual investors seeking comprehensive risk analysis.

How to Use in Excel

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

1. Enter the formula into a cell in Excel.
2. Replace "Symbol" with the company ticker (e.g., "AAPL") or a cell reference.
3. Provide the "Year" for which you want the data (e.g., "2022").
4. (Optional) Provide the "Quarter" (e.g., "1", "2", "3", "4"). If left blank or empty, the function defaults internally to use Quarter 2 in the final API call.
5. (Optional) Set "TTM" to "TTM" for trailing twelve months data. Otherwise, leave blank for the most recent quarter's data.

When you press Enter, MarketXLS retrieves the specified long-term debt-to-equity ratio from its database and places the result in the cell.

Parameters Explained

Example Usage

Basic Examples

1. Retrieve the most recent quarter’s long-term debt-to-equity ratio for Microsoft:

   =hf_long_term_debt_to_equity_ratio("MSFT", "2022", "3")

   • Returns the ratio for Microsoft’s Q3 2022 data, if available.

2. Fetch Apple’s trailing twelve months long-term debt-to-equity ratio for 2021:

   =hf_long_term_debt_to_equity_ratio("AAPL", "2021", "4", "TTM")

   • Returns the ratio based on Apple’s last twelve months ending with Q4 in 2021.

3. Omitting the Quarter parameter:

   =hf_long_term_debt_to_equity_ratio("TSLA", "2022", "")

   • Internally, this function call will use Quarter "2" in the API request if quarter is empty.

Advanced Scenarios

1. Consolidating Multiple Symbols
   Use adjacent cells to compare the long-term debt-to-equity ratio across several tickers for the same period. This approach is especially useful when creating dashboards to compare industry peers.

2. Tracking Over Multiple Periods
   Create a structured table where each row represents a different quarter or trailing twelve months for a single symbol. This gives you a timeline of how the debt-to-equity ratio is evolving.

3. Integrating with Other Excel Functions
   Combine this function with conditional formatting or with other fundamental metrics (e.g., price-to-book) to color-code companies that have high levels of debt relative to their equity. This integration can improve screening processes for potential over-leveraged or stable companies.

4. Building Trading Strategies
   While the long-term debt-to-equity ratio is more fundamental than technical, you can incorporate it into a longer-term investment strategy where companies with lower leverage (and thus potentially lower financial risk) receive higher priority.

Common Questions and Troubleshooting

• Why do I get "NA"?
  • The function may return "NA" if the symbol is invalid, data is missing, or an exception occurs. Check licensing, symbol spelling, or data availability.

• Why does the Quarter default to "2" if left blank?
  • Internally, if you pass an empty string for the quarter, the code sets quarter to "2" before making the data request. This behavior is part of the backend logic.

• Can I use this function during off-market hours?
  • Yes. Fundamental data is generally static for the reported period and can be retrieved any time.

• What if the function returns "Refreshing"?
  • This can happen if the data is being updated and placed in a waitlist. MarketXLS attempts to retrieve fresh data. Try again later.

• Do I need any special license?
  • Depending on your subscription tier (e.g., type 4 license), you may need an upgraded plan to access advanced fundamental data.

With its versatility and seamless integration, hf_Long_Term_Debt_to_Equity_Ratio is an essential component for anyone managing portfolios and researching companies in Excel. By focusing on this key measure of financial leverage, you can refine your investment decisions and maintain up-to-date information on companies’ capital structures—directly in your Excel workbook.