Operating Income After Depreciation (Historical) Formula in Excel

Welcome to this comprehensive guide on using the Operating Income After Depreciation (Historical) formula in Excel with MarketXLS. This powerful function enables you to retrieve and analyze the amount of operating income left after subtracting depreciation for a specific period, empowering you to make well-informed investment, valuation, or financial decisions.

Understanding Operating Income After Depreciation (Historical)

Operating Income After Depreciation (Historical) represents the company’s operating income minus depreciation expenses, giving a clearer picture of profitability:

• Purpose: Helps you evaluate the core operating profitability of a company after accounting for depreciation.
• Key Benefits:
  • Compare operating performance over different quarters or years.
  • Gain insights into how depreciation impacts operating results.
• When to Use:
  • Assessing company performance trends.
  • Performing historical analysis and forecasting.
  • Comparing operating margins among multiple companies.

Syntax and Parameters

Below is the exact syntax for the hf_Operating_Income_After_Depreciation function:

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

Return Value:
Returns the company’s operating income (minus depreciation) as a numeric value. If the data is unavailable, you may see a textual response like "NA".

?? Note: This function returns "NA" for invalid symbols, licensing issues, or data unavailability.

Examples and Usage

Below are common examples showcasing how to use this formula in practical scenarios:

1. Retrieve the operating income after depreciation for a specific year:

   =hf_Operating_Income_After_Depreciation("MSFT", 2022)

2. Specify a year and quarter explicitly:

   =hf_Operating_Income_After_Depreciation("MSFT", 2022, 2)

3. Get trailing twelve months data from a specific quarter:

   =hf_Operating_Income_After_Depreciation("MSFT", 2022, 3, "TTM")

4. Use special keywords for last quarter (lq) or last year (ly):

   =hf_Operating_Income_After_Depreciation("MSFT", "lq")
   =hf_Operating_Income_After_Depreciation("MSFT", "ly")

5. Combine special keywords to look back multiple quarters or years:

   =hf_Operating_Income_After_Depreciation("MSFT", "lq-1")
   =hf_Operating_Income_After_Depreciation("MSFT", "ly-1")
   =hf_Operating_Income_After_Depreciation("MSFT", "lt-1")

? Pro Tip: You can reference dates in various ways:

• Cell reference:

  =hf_Operating_Income_After_Depreciation(A1, 2023)

• Direct date:

  =hf_Operating_Income_After_Depreciation("MSFT","2024-03-15")

• Excel date function:

  =hf_Operating_Income_After_Depreciation("MSFT", TEXT(A1,"yyyy-mm-dd"))

Common Questions

1. What happens if my symbol is not recognized?

?? Note: If Symbol is invalid or unsupported, the function results in "NA".

2. Does the function include non-recurring items?

This formula specifically focuses on historical operating income minus depreciation. It displays reported values as provided by the data source, so any non-recurring events are not isolated separately in this function alone.

3. How frequently is the data updated?

MarketXLS updates data periodically. The function will reflect the latest available historical data.

4. Are there performance considerations?

When requesting multiple formula calls simultaneously, Excel may experience a brief delay while communicating with the MarketXLS data servers. A fast and stable internet connection is recommended.

5. Can I use this function for advanced financial modeling?

Absolutely. Its ability to reference specific quarters, TTM periods, or special keywords (like “ly,” “lq”) makes it highly flexible for modeling and trend analysis.

? Best Practice: Combine hf_Operating_Income_After_Depreciation with other historical functions (e.g., Revenue (Historical), Cost Of Revenue (Historical)) for deeper insight into company performance.

For related functions, consider:

• Revenue (Historical)
• Cost Of Revenue (Historical)
• Gross Profit (Historical)
• R & D Expenses (Historical)
• Selling General and Administrative Expense (Historical)

These functions can be used in tandem to provide a thorough examination of a company’s financial health.