Share Based Compensation (Historical) Formula in Excel

Share Based Compensation (Historical) is a powerful Excel formula provided by MarketXLS that helps you quickly retrieve information on how employees, executives, and directors of a company are compensated with equity in the business. This equity-based compensation data is crucial for analyzing company expenses, future liabilities, and overall financial health. By integrating real-time and historical data directly into your spreadsheets, you can make faster, more informed investment decisions.

Understanding Share Based Compensation (Historical)

Share-based compensation, also known as equity compensation, refers to ways in which employees receive compensation in the form of shares or stock options. This formula in Excel, offered by MarketXLS, allows you to:

• Evaluate the historical trends of a company’s equity compensation levels.
• Compare across different years or quarters to identify patterns or anomalies.
• Incorporate trailing twelve months (TTM) calculations for deeper insights into performance and cost structure.

Key Benefits

• Provides a fast, convenient way to pull share-based compensation data without manual lookups.
• Ideal for detailed fundamental analysis and expense forecasting.
• Simplifies the process of tracking year-over-year and quarter-over-quarter equity payments.

When to Use

• Performing in-depth fundamental analysis.
• Tracking how compensation structures change over time.
• Evaluating company expenses related to employee stock option plans.

Syntax and Parameters

Below is the syntax for using the hf_Share_Based_Compensation function in Excel:

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

?? Note: If an invalid symbol or license type is detected, this function returns "NA".
? Pro Tip: Use “lq-1” or “ly-1” to step back multiple quarters or years from the last reported data.

Return Value

This function returns the share-based compensation amount for the specified symbol and period. If the data is not available or there is an issue with the parameters, the function returns “NA”.

Special Cases and Limitations

• Symbols that are not supported by MarketXLS or are entered incorrectly yield “NA”.
• Invalid license types or inactive subscriptions also result in “NA”.
• Heavy usage of data calls in a single workbook can impact performance due to repeated API requests.

Examples and Usage

Below are several examples demonstrating different ways to retrieve share-based compensation data:

1. Direct Year Input:

   =hf_Share_Based_Compensation("MSFT", 2022)

   Returns Microsoft’s share-based compensation for the year 2022.

2. Specifying Quarter:

   =hf_Share_Based_Compensation("MSFT", 2022, 2)

   Returns the share-based compensation for Q2 of 2022.

3. Trailing Twelve Months (TTM):

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

   Returns TTM share-based compensation from Q3 of 2022.

4. Last Quarter (Automatically Determined):

   =hf_Share_Based_Compensation("MSFT", "lq")

   Returns data for the most recently reported quarter.

5. Last Quarter Minus One:

   =hf_Share_Based_Compensation("MSFT", "lq-1")

   Returns share-based compensation for the quarter prior to the last reported quarter.

6. Last Year (Automatically Determined):

   =hf_Share_Based_Compensation("MSFT", "ly")

   Returns data for the most recently reported year.

7. Last 12 Months:

   =hf_Share_Based_Compensation("MSFT", "lt")

   Returns the previous 12 months of share-based compensation.

Date Input Formats

You can reference dates in any of these ways:

• Cell reference:

  =hf_Share_Based_Compensation(A1, 2024)

• Direct date:

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

• Excel date function:

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

? Pro Tip: For best performance, avoid multiple simultaneous calls by using helper columns to store interim data, then reference these cells as needed.

Common Questions

1. What if the formula returns “NA”?

Check that your symbol is valid, your MarketXLS license is active, and you have not exceeded usage limits. Also ensure the parameters (year, quarter, TTM) are correctly specified.

2. How do I improve performance if I use this function for multiple symbols?

Load data in batches or use helper cells to reduce the number of direct calls. Consider caching results in intermediate cells.

3. Can I use this function for historical backtesting?

Yes, you can specify past years and quarters. Use “ly-1”, “lq-1” to step back several years or quarters, respectively.

4. Are there related functions to further analyze a company’s fundamentals?

Absolutely! Here are some popular related MarketXLS functions:

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

Leverage these in combination to gain a full picture of a company’s financial position.

?? Note: Always verify that your calculations are consistent with official company filings for critical financial decisions.