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)=hf_NCFO_Growth("MSFT", "ly")=hf_NCFO_Growth("GOOGL", 2023, , "TTM")=hf_NCFO_Growth("AAPL", 2023)*100When 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.
