Long-Term Debt to Total Capital in Excel (hf_Long-term_debt_to_total_capital)

The Long-Term Debt to Total Capital function helps you quickly gauge a company’s financial leverage and capital structure directly in Excel. By understanding how much of a company's operations are financed through long-term debt compared to total capital, you can better assess potential risk and financial stability. With MarketXLS, retrieving this key ratio becomes seamless and efficient.

Why Use This Function?

• Easily evaluate a company's leverage: Quickly compare how heavily a company relies on long-term debt to fund its business.
• Monitor trends over time: Pull data for specific years, quarters, or trailing twelve months (TTM) to see how leverage changes.
• Make informed investment decisions: Armed with a clearer picture of debt levels, you can discern whether a company might be over-leveraged.
• Compare multiple companies: Standardize the view across different stocks to find the best opportunities or manage portfolio risk.
• Integrate with other Excel workflows: Combine this ratio with other Excel functionalities or MarketXLS functions to enhance your analytical process.

How to Use in Excel

=hf_Long-term_debt_to_total_capital(Symbol, Year, [Quarter], [TTM])

1. Open Excel and ensure MarketXLS is installed and active.
2. Select any cell where you want the calculated ratio to appear.
3. Enter the function name “hf_Long-term_debt_to_total_capital” with the required arguments.
4. Optionally specify the quarter (1 to 4) for more granular data. If you set the TTM parameter, it will automatically return the trailing twelve months value (and ignore the quarter setting).
5. Press Enter to retrieve and display the ratio instantly.

Parameters Explained

Example Usage

Basic Examples

1. Yearly Data
   » Retrieve the Long-Term Debt to Total Capital for Microsoft in 2022:
   =hf_Long-term_debt_to_total_capital("MSFT", 2022)
   This returns a single-year ratio, defaulting to Q1 data if the company’s reporting aligns.

2. Quarterly Data
   » Retrieve the Q2 Long-Term Debt to Total Capital for Apple in 2021:
   =hf_Long-term_debt_to_total_capital("AAPL", 2021, 2)
   This fetches the ratio specifically for the second quarter of 2021.

3. Trailing Twelve Months (TTM)
   » Retrieve the TTM Long-Term Debt to Total Capital for Tesla:
   =hf_Long-term_debt_to_total_capital("TSLA", 2022, 1, "TTM")
   Despite specifying quarter 1, the "TTM" parameter takes priority, so this pulls the ratio for the trailing twelve months period ending around Q1 2022.

Advanced Scenarios

• Multi-Year Trend Analysis

• Create a column for each of several years or TTM periods to track how the Long-Term Debt to Total Capital ratio progresses:
  =hf_Long-term_debt_to_total_capital("MSFT", 2019)
  =hf_Long-term_debt_to_total_capital("MSFT", 2020)
  =hf_Long-term_debt_to_total_capital("MSFT", 2021, , "TTM")

• Comparing Companies in One Worksheet

• Use the function for multiple symbols side-by-side for the same year or quarter to compare leverage across different firms:
  =hf_Long-term_debt_to_total_capital("AAPL", 2021, 2)
  =hf_Long-term_debt_to_total_capital("MSFT", 2021, 2)

• Integrating with Other Ratios

• Combine with other MarketXLS functions (e.g., Return on Equity, Quick Ratio) to build a comprehensive point-in-time or TTM-based financial dashboard.

Common Questions and Troubleshooting

1. I’m getting “NA” returned.

   • Possibly the symbol is invalid or the data is not reported for that specific time period. Verify you used a supported symbol, correct year, and valid quarter.

2. Why do I see different values for TTM vs. a specific quarter?

   • TTM calculates data across a rolling 12-month window, whereas a single quarter only reflects that quarter’s snapshot. The TTM figure often provides a broader perspective.

3. Does this function work for all stock exchanges?

   • This function primarily supports major US stocks. Some data for non-US symbols (e.g., Indian equities) may return “NA” unless your MarketXLS plan supports those markets.

4. Can I use negative or future years?

   • Future years may return “NA” since that data isn’t available yet. For extremely old or non-reported years, the function may also return “NA.”

By leveraging hf_Long-term_debt_to_total_capital in Excel with MarketXLS, you gain immediate visibility into a vital measure of a company’s financial leverage. Whether you analyze trends year-over-year, quarter-to-quarter, or based on trailing twelve months, this function delivers a clear picture of how a firm manages its long-term debt portion relative to its total capital.