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Property Plant Equipment Net (Historical) Formula in Excel

Get the net value of property, plant, and equipment (PPE) after accumulated depreciation using the Property Plant Equipment Net (Historical) formula in Excel. With MarketXLS, you can quickly access essential historical data for stocks, indices, options, or cryptocurrencies. This function is a must-have for anyone analyzing a company's long-term assets and underlying operational strength.

Understanding Property Plant Equipment Net (Historical)

  • Definition: The net PPE represents a company’s tangible fixed assets minus accumulated depreciation.
  • Key Benefits:
    • Tracks long-term investment in physical assets.
    • Helps assess asset-heavy companies’ capital expenditure trends.
    • Aids in comparing asset utilization across different firms or time periods.
  • When to Use:
    • Evaluating a firm’s operational capacity over time.
    • Conducting fundamental analysis for long-term investment decisions.
    • Benchmarking asset turnover ratios.

Syntax and Parameters

=hf_Property_Plant_Equipment_Net(Symbol, Year, [Quarter], [TTM])
Parameter Description Required Example
Symbol The security identifier. Can be a stock (e.g., "MSFT"), index (e.g., "^SPX"), option (e.g., "@MSFT 110122C00020000"), or crypto (e.g., "BTCUSD:DEFAULT"). Yes "MSFT"
Year The reporting year or special placeholders like "lq", "ly", "lt" to fetch the last quarter, last year, or last 12 months. You can also use formats like "lq-1". Yes "2022" or "ly"
Quarter The calendar quarter (1–4). Defaults to "1". Can be left blank for annual data. When combined with placeholders in Year, it adjusts accordingly. No "2"
TTM Set to "TTM" for trailing 12 months data. Leave blank for standard quarterly or annual values. No "TTM"

?? Note: The formula returns a numeric value or "NA" in case of invalid symbol, invalid license, or data unavailability.

? Pro Tip: As this function fetches data from an external server, consider minimizing repeated calls in large spreadsheets to improve performance.

Date Input Variations

Though typically you’ll specify the year or placeholders, you may also pass date values if needed. For instance:

  1. Reference a cell containing the date:
    =hf_Property_Plant_Equipment_Net(A1, "2022")
  2. Use a direct date string:
    =hf_Property_Plant_Equipment_Net("MSFT", "2024-03-15")
  3. Use Excel date functions:
    =hf_Property_Plant_Equipment_Net("^SPX", TEXT(A1,"yyyy-mm-dd"))

Examples and Usage

Below are some practical examples of the formula in action:

  1. Basic Annual Usage

    =hf_Property_Plant_Equipment_Net("MSFT", 2022)

    Retrieves the net PPE value for Microsoft in 2022.

  2. Quarter-Specific Data

    =hf_Property_Plant_Equipment_Net("MSFT", 2022, 2)

    Returns Microsoft’s net PPE for the second quarter of 2022.

  3. Trailing Twelve Months

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

    Fetches net PPE for the trailing twelve months up to Q3 2022.

  4. Last Quarter and Last Year

    • Last Quarter:
      =hf_Property_Plant_Equipment_Net("MSFT", "lq")
    • Last Year:
      =hf_Property_Plant_Equipment_Net("MSFT", "ly")
  5. Adjusting Further with Offsets

    • Last Quarter Minus One:
      =hf_Property_Plant_Equipment_Net("MSFT", "lq-1")
    • Last 12 Months:
      =hf_Property_Plant_Equipment_Net("MSFT", "lt")

? Pro Tip: Use offsets (e.g., "lq-1", "ly-2") to navigate historically for multi-period comparisons or trend analysis quickly.

Common Questions

  1. What does the function return if data is not found?

    • The function returns "NA" if the symbol is invalid, data is unavailable, or your license level doesn’t support this feature.
  2. How do TTM values differ from annual values?

    • "TTM" aggregates the most recent four quarters instead of aligning to a specific calendar year.
  3. Are there performance considerations?

    • Each call may reach out to MarketXLS servers, so large-scale models should minimize repeated calls or employ caching.
  4. Can I use placeholders and quarters together?

    • Yes, specifying "lq" or "ly" can combine with quarter parameters and the optional TTM to refine data retrieval.
  5. Where can I get related fundamental metrics?

    • Additional MarketXLS formulas like hf_Revenue, hf_Cost_Of_Revenue, hf_Gross_Profit, or hf_RD_Expenses can similarly retrieve other historical fundamentals.

?? Note: For deeper insights, combine multiple historical functions in a single sheet to build a comprehensive financial analysis.