Non-Current Deferred Income Taxes Function for Better Tax Liability Insights

The hf_Non-current_deferred_income_taxes function in MarketXLS allows you to quickly retrieve a company’s non-current deferred income tax values directly in Excel. By putting this important tax figure at your fingertips, you can make more informed financial decisions, track potential liabilities, and stay ahead of corporate tax planning. This function leverages backend data to populate results for various periods (annual, quarterly, and trailing twelve months), giving you a detailed look at how deferred taxes evolve over time.

Why Use This Function?

• Gain a clear view of long-term tax obligations:
  • Understand a company’s non-current deferred tax liabilities to better gauge future expenses.
• Improve fundamental analysis:
  • Combine tax insights with other financial metrics for a more holistic perspective on a company’s health.
• Make data-driven investment decisions:
  • Use non-current deferred tax data alongside revenue, net income, and other fundamentals to refine valuation models.
• Easily compare different reporting periods:
  • Pull annual, quarterly, or trailing twelve-month (TTM) figures to spot trends.
• Automate data retrieval in Excel:
  • Eliminate manual copy-paste from statements; MarketXLS handles updates and retrieves current figures for you.

How to Use in Excel

=hf_Non-current_deferred_income_taxes(Symbol, Year, [Quarter], [TTM])

1. Enter the function in any cell of your Excel worksheet.
2. Provide the stock ticker symbol (for example, "AAPL") and the desired year.
3. Optionally specify the quarter. By default, Quarter is "1" (representing Q1). Acceptable values can be "1", "2", "3", or "4".
4. Optionally indicate TTM by passing a non-empty string (e.g., "T") to retrieve trailing twelve-month data instead of a single quarter’s snapshot.

Once entered, MarketXLS connects to its internal financial database. If the data is available for the specified symbol and period, the function will return the non-current deferred income tax value. Otherwise, you’ll see a "NA" result, particularly if the company or time period is unsupported.

Parameters Explained

Example Usage

Basic Examples

1. Pull Q1 data for 2022: • Cell A1: =hf_Non-current_deferred_income_taxes("AAPL", 2022, "1")
   Explanation: Retrieves Apple’s non-current deferred income taxes for Q1 2022. Returns a numeric value if available, “NA” if not.

2. Retrieve annual data for 2021: • Cell B1: =hf_Non-current_deferred_income_taxes("MSFT", 2021, "4")
   Explanation: Since quarter "4" is year-end for many U.S. companies, this effectively gives the full-year figure for Microsoft’s 2021 non-current deferred income taxes.

3. TTM calculation for latest available data: • Cell C1: =hf_Non-current_deferred_income_taxes("AAPL", 2022, "1", "T")
   Explanation: Returns Apple’s trailing twelve-month non-current deferred income taxes around Q1 2022. If the function’s backend API detects TTM usage, quarter and year are interpreted accordingly.

Advanced Scenarios

• Rolling Quarter Comparisons:
Enter formulas in consecutive cells to compare the same quarter data across multiple years and see how Apple’s tax liabilities have changed over time. For instance:
=hf_Non-current_deferred_income_taxes("AAPL", 2019, "1")
=hf_Non-current_deferred_income_taxes("AAPL", 2020, "1")
=hf_Non-current_deferred_income_taxes("AAPL", 2021, "1")

• TTM vs. Single Quarter Analysis:
Compare how the TTM data differs from a single quarter result in side-by-side columns. This helps identify if spikes in deferred taxes are seasonal or more sustained.

• Integration with Other Excel Functions:

• Combine the returned value with Excel’s built-in charting to visualize changes in deferred taxes over multiple quarters.
• Use IFERROR to handle “NA” outputs gracefully, e.g., =IFERROR(hf_Non-current_deferred_income_taxes("AAPL", 2022, "1", "T"), 0).

• Tax Strategy and Valuation Models:
Incorporate returned values into DCF or other valuation models. Track how future changes in deferred income taxes might impact enterprise valuations.

Common Questions and Troubleshooting

• Why am I getting "NA"?

• The data may be unavailable for the specific symbol or period. Double-check your input parameters (symbol spelling, correct year/quarter).
• Your plan might not support certain international markets or advanced data points.

• Can I display yearly data without specifying a quarter?

• Typically, specify "4" to represent the year-end quarter for many companies. For TTM, set the TTM parameter (for example, "T") and pass a valid year and quarter.

• Will the function update automatically?

• Yes. MarketXLS automatically refreshes calculations based on your Excel’s settings or manual refresh prompts.

• What if a company has a different fiscal year-end (not December 31)?

• The function’s backend tries to align the correct fiscal period for you. Ensure you specify the correct year and quarter based on the company’s reporting cycle.

Harness the power of hf_Non-current_deferred_income_taxes to simplify your analysis of long-term tax obligations. By combining advanced data, flexibility in selecting periods, and direct Excel integration, you can make well-informed decisions and stay current with critical tax insights.