Purchase Of Long Term Investments (Historical) Formula in Excel

Understanding Purchase Of Long Term Investments (Historical)

The Purchase Of Long Term Investments (Historical) formula in Excel with MarketXLS provides critical financial insight into a company’s spending on long-term assets. It is particularly useful when assessing a company's investment strategies over specific periods. By using this function, you can:

  • Quickly analyze historical cash flows for long-term investments.
  • Compare investment trends across different quarters and years.
  • Make informed decisions based on accurate corporate finance data directly in Excel.

? Pro Tip: This formula is especially helpful for investors studying capital expenditure patterns and forecasting future investment strategies.

Syntax and Parameters

Below is the typical syntax of the hf_Purchase_of_Long_Term_Investments function:

=hf_Purchase_of_Long_Term_Investments(Symbol, Year, [Quarter], [TTM])
Parameter Description Required Example
Symbol The stock or asset symbol. Yes "MSFT", "^SPX", "@MSFT 110122C00020000", "BTCUSD:DEFAULT"
year The financial year to pull data from. Can be a specific year (e.g., "2022") or special references like "ly" (last year). Yes "2022", "ly", "ly-1"
quarter The calendar quarter. Accepts 1, 2, 3, 4, or special references like "lq" (last quarter). Defaults to "1" if left blank. No "2", "3", "lq", "lq-1"
TTM Set to "TTM" for trailing twelve months data. Leave blank if not required. No "TTM"

?? Note: If the provided symbol or parameters are invalid, the formula returns "NA".

Return Value

• Returns a numeric value representing the purchase amount of long-term investments for the specified period.
• If no valid data is found, it returns "NA".

Special Cases and Limitations

  • Data availability may vary by symbol, especially for non-U.S. markets or less common indices.
  • The function may return "NA" if the license plan does not support certain symbols or if data is missing for the requested period.
  • When specifying dates, ensure correct format if using direct date strings or Excel date functions.

Examples and Usage

Here are some practical uses of the Purchase Of Long Term Investments (Historical) formula:

  1. Using a cell reference for Year:

    =hf_Purchase_of_Long_Term_Investments("MSFT", A1, "1")

    Where cell A1 contains a year (e.g., 2022).

  2. Providing a direct date as text (alternative scenarios if needed):

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

    Though typically for this formula, you only need the year or special references.

  3. Combining Excel date functions:

    =hf_Purchase_of_Long_Term_Investments("MSFT", TEXT(A1,"yyyy"), "2")

    If A1 contains a date, this extracts the year as text.

  4. Requesting for trailing twelve months:

    =hf_Purchase_of_Long_Term_Investments("MSFT", "2022", "3", "TTM")
  5. Using special references like "lq" (last quarter), "lq-1" (one quarter before last), "ly" (last year), and "lt" (last 12 months):

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

? Pro Tip: Use cell references for dynamic queries. For example, referencing a dynamically updated “Year” cell allows you to calculate year-over-year changes quickly.

Common Questions

1. What if the formula returns "NA"?

• Check your symbol, year, and other parameters for accuracy.
• Ensure your MarketXLS subscription supports the requested data or symbol.
• Verify the symbol exists on the exchange.

2. Can I use this to compare multiple stocks?

• Absolutely. Create separate formula cells for each stock symbol to compare their historical investment trends side-by-side.

3. Is there a performance concern with multiple calls?

• Repeatedly calling the function for many symbols and periods may slow Excel. Consider grouping calls or using caching options in MarketXLS to improve performance.

4. How do I get real-time updates?

• This formula retrieves historical fundamentals. If you need live or real-time values, check other MarketXLS functions designed for real-time or delayed quotes.

5. Should I use direct dates or just the Year parameter?

• Typically, providing the year or special references (lq, ly, lt) is sufficient.
• Direct date references are more common in date-based functions (e.g., price history).

?? Note: Always verify that you are licensed for fundamental data to ensure you get accurate results from MarketXLS.


For related insights, you can explore:

  • Revenue (Historical): Returns the company’s total revenue over a specified period.
  • Cost Of Revenue (Historical): Retrieves the cost associated with generating revenue.
  • Gross Profit (Historical): Reveals the company’s gross profit.
  • R & D Expenses (Historical): Shows investment in research and development.
  • Selling General and Administrative Expense (Historical): Depicts SG&A expenses historically.

This completes the usage guide for the Purchase Of Long Term Investments (Historical) formula in Excel with MarketXLS. By incorporating this function into your workflow, you can more effectively analyze corporate investments and perform robust financial evaluations.