Other Fixed Assets (Historical) Formula in Excel

In this guide, you will learn how to use the Other Fixed Assets (Historical) formula in Excel with MarketXLS. This powerful function helps you retrieve a company’s non-liquid assets (those not easily converted to cash within a single business cycle) for specified historical periods. It is especially useful for financial analysis and modeling where you need to track changes in non-current assets over time.

Understanding Other Fixed Assets (Historical)

• Purpose: The primary use of the Other Fixed Assets (Historical) formula is to quickly pull historical values of a company’s non-liquid assets, such as property, equipment, or intangible assets.
• Key Benefits:
  • Automates data retrieval from MarketXLS directly into Excel.
  • Helps in tracking and comparing asset accounts over multiple periods.
  • Integrates with other MarketXLS fundamental data functions for comprehensive analysis.
• When to Use: You should use this formula when building financial statements, conducting historical trend analysis, or performing due diligence that involves fixed asset data for companies.

Syntax and Parameters

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

?? Note:

• If the symbol is invalid or your MarketXLS license does not support this feature, the function returns "NA".
• When the specified period data is unavailable, the function also returns "NA".

Return Value
The formula returns a numeric value representing other fixed assets for the chosen symbol and historical period. If MarketXLS cannot retrieve the data or an error occurs, the function displays "NA".

Examples and Usage

Below are some typical ways to use the Other Fixed Assets (Historical) formula in Excel. Remember to precede each formula with "=" in a cell.

1. Basic retrieval by symbol and year:

   =hf_Other_Fixed_Assets("MSFT", 2022)

   Retrieves other fixed assets for Microsoft in 2022.

2. Including specific quarter:

   =hf_Other_Fixed_Assets("MSFT", 2022, 2)

   Pulls the data for the second quarter of 2022.

3. Using trailing twelve months (TTM):

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

   Returns TTM data starting from the third quarter of 2022 through the next four quarters.

4. Using relative date tokens (last quarter, last year, etc.):

   =hf_Other_Fixed_Assets("MSFT", "lq")
   =hf_Other_Fixed_Assets("MSFT", "ly-1")

   • "lq" indicates the last reported quarter.
   • "ly-1" retrieves the value from one year before the last reported year.

5. Dates in various formats:

   • Cell reference for date:

     =hf_Other_Fixed_Assets(A1, TEXT(A2,"yyyy"))

   • Direct date input:

     =hf_Other_Fixed_Assets("MSFT", "2024")

   • Using Excel date functions:

     =hf_Other_Fixed_Assets("MSFT", TEXT(A1,"yyyy"))

? Pro Tip: Combine this formula with other MarketXLS fundamental data functions like hf_Revenue(), hf_Cost_Of_Revenue(), or hf_R_&_D_Expenses() to build dynamic financial models that update as new data becomes available.

Common Questions

1. What if I enter an invalid symbol?

   • The function will return "NA" if the symbol is not recognized or supported by MarketXLS.

2. Why am I getting “NA” for some years or quarters?

   • This means MarketXLS doesn’t have data for that period, or your current plan may not include that data.

3. Does this formula automatically update when new data is released?

   • Yes. When MarketXLS refreshes its data, a simple recalculation in Excel (or the automatic refresh) will update your worksheet.

4. How do I improve performance when retrieving many cells at once?

   • Minimize the total number of calls within large datasets. Additionally, refresh MarketXLS data selectively to reduce overhead.

5. Can I combine this with other date or indexing functions?

   • Absolutely. You can use formulas like "LY-1", "LQ-2", or direct references to Excel functions (e.g., YEAR, TEXT) to streamline your workflow.

?? Note: Check your MarketXLS subscription tier to ensure you have access to historical fundamentals. Some data might require an upgrade.

By effectively using this function, you can streamline historical asset analysis within Excel. For deeper insights, explore related MarketXLS functions:

• Revenue (Historical): Returns total revenue for a specified period.
• Cost Of Revenue (Historical): Returns the total cost of revenue.
• Gross Profit (Historical): Returns the company’s overall gross profit.
• R & D Expenses (Historical): Retrieves research and development expenses.
• Selling General and Administrative Expense (Historical): Pulls SG&A expenses for the specified period.