Machinery Furniture And Equipment (Historical) Formula in Excel

Machinery Furniture And Equipment (Historical) is a powerful Excel formula provided by MarketXLS that helps users quickly access a company's long-term fixed assets data like machinery, furniture, and equipment over specified historical periods. With this formula, you can save time analyzing and comparing asset growth or trends for investment research and financial modeling.

Understanding Machinery Furniture And Equipment (Historical)

• Purpose: This formula returns the classification of assets as Machinery, Furniture, and Equipment over a specific historical period.
• Use Cases:
  • Financial analysts evaluating a company’s long-term asset base.
  • Investors researching equipment-intensive industries.
  • Accountants and finance professionals tracking fixed asset growth or changes.
• Key Benefits:
  • Quick retrieval of historical asset figures.
  • Flexible date inputs, including last quarter and last year references.
  • Seamless integration with MarketXLS data in Excel.

Syntax and Parameters

=hf_Machinery_Furniture_and_Equipment(Symbol, year, [quarter], [TTM])

Return Value:
This formula returns a numeric value representing the long-term asset amount (machinery, furniture, and equipment) for the specified period. If the symbol is invalid or data is not available, the formula returns "NA".

?? Note: Make sure your MarketXLS license is validated before using this formula. Otherwise, the function will return "NA."

Examples and Usage

Below are some common examples demonstrating how to use the hf_Machinery_Furniture_and_Equipment function in Excel:

1. By cell reference or direct date input (where your date is in cell A1):

   =hf_Machinery_Furniture_and_Equipment(A1, 2024)
   =hf_Machinery_Furniture_and_Equipment("2024-03-15", "2024") 
   =hf_Machinery_Furniture_and_Equipment(TEXT(A1,"yyyy-mm-dd"), "2024")

2. Using standard symbol formats:

   • Regular symbol:

     =hf_Machinery_Furniture_and_Equipment("MSFT", 2022)

   • Index:

     =hf_Machinery_Furniture_and_Equipment("^SPX", "ly")

   • Option:

     =hf_Machinery_Furniture_and_Equipment("@MSFT 110122C00020000", 2023, 2)

   • Crypto:

     =hf_Machinery_Furniture_and_Equipment("BTCUSD:DEFAULT", "lq")

3. Advanced examples with quarter and TTM:

   =hf_Machinery_Furniture_and_Equipment("MSFT", 2022, 2)
   =hf_Machinery_Furniture_and_Equipment("MSFT", 2022, 3, "TTM")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "lq")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "lq-1")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "ly")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "ly-1")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "lt")
   =hf_Machinery_Furniture_and_Equipment("MSFT", "lt-1")

? Pro Tip: Combine hf_Machinery_Furniture_and_Equipment with other MarketXLS fundamentals functions (e.g., hf_Revenue, hf_Gross_Profit) to perform comprehensive financial analysis in a single Excel workbook.

Common Questions

1. Why am I getting "NA" as a result?

   • This usually indicates an invalid symbol, license verification issue, or unavailability of data for the specified period.

2. Does the function handle alternative fiscal years?

   • Yes. MarketXLS attempts to align the query with the company’s reported dates. For trailing months (TTM) or last quarter/year references, it uses the most recent relevant period’s data.

3. Can I reference live date cells for the year parameter?

   • Absolutely. You can reference a cell containing a year or a date. MarketXLS automatically parses the best matching date for the financial period.

4. Is there any performance impact in using multiple formulas?

   • Retrieving large volumes of historical data could momentarily slow down recalculations. Simplify or reduce your queries where possible, or consider using batch data pulls.

5. How do I combine this function with charting in Excel?

   • Simply reference the formula output in your Excel chart data range. As the formula updates, your chart will automatically refresh, displaying the most recent data.

Use the Machinery Furniture And Equipment (Historical) formula in Excel with MarketXLS to gain quick insights into a company’s fixed assets. Combine this valuable data with other fundamental metrics to enhance your financial analysis and investment decisions.