NCFO Growth (Historical)

Returns the historical growth rate of Net Cash Flow from Operations (NCFO) compared to the prior period.

Formula

NCFO Growth = (Current NCFO - Prior NCFO) / Prior NCFO

Parameters

Parameter Required Description
Symbol Yes Stock ticker symbol
Year Yes Fiscal year or period code
Quarter No Quarter 1-4
TTM No "TTM" for trailing twelve months

Return Value

  • Returns as decimal (0.12 = 12% growth)
  • Negative values indicate decline

Examples

=hf_NCFO_Growth("AAPL", 2023, 4)
Q4 2023 NCFO growth
=hf_NCFO_Growth("MSFT", "ly")
Last year growth
=hf_NCFO_Growth("GOOGL", 2023, , "TTM")
TTM NCFO growth
=hf_NCFO_Growth("AAPL", 2023)*100
Convert to percentage

When to Use

  • Analyzing cash flow trends
  • Quality of earnings assessment
  • Growth sustainability analysis
  • Cash flow based valuation

When NOT to Use

Scenario Use Instead
Absolute NCFO hf_Net_Cash_Flow_from_Operating()
Revenue growth hf_Revenue_Growth()
Free cash flow hf_Free_Cash_Flow()

Common Issues & FAQ

Q: Why is growth extremely high or low? A: Small base periods can cause extreme growth rates.

Q: What period is compared? A: Year-over-year for annual, quarter-over-quarter for quarterly.

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MarketXLS Excel Add-in Tutorial - How to Use NCFO Growth (Historical) and Other Financial Formulas
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