Share Dilution Ratio (Historical) Formula in Excel

Understanding Share Dilution Ratio (Historical)

The Share Dilution Ratio (Historical) formula in Excel with MarketXLS helps investors and analysts determine how much existing shareholders’ ownership in a company has been reduced due to additional share issuances over a specific historical period.

• It is particularly useful for evaluating the potential impact on earnings per share (EPS).
• By leveraging historical data, you can measure trends over time to make informed decisions.

? Pro Tip: Combine the dilution ratio with other fundamental metrics, such as revenue growth or net income, to gain a broader perspective on a company’s performance over time.

Syntax and Parameters

Use the hf_Share_Dilution_Ratio function directly in your Excel worksheet:

=hf_Share_Dilution_Ratio(Symbol, Year, [Quarter], [TTM])

?? Note: The hf_ functions require a historical fundamental data subscription. If you do not have the appropriate subscription, the function may return "NA".

Return Value

• Returns a numeric value indicating the extent of share dilution.
• Returns "NA" if the symbol is invalid, data is unavailable, or if the function call fails.

Special Cases and Limitations

• If MarketXLS data is temporarily unavailable, the function returns "NA".
• Relative time references (like "lq-1") rely on the latest available reported quarter/year.

Performance Considerations

• Each function call fetches data from MarketXLS servers. For large spreadsheets, consider limiting the number of function calls or using caching strategies to improve performance.

Examples and Usage

Below are practical examples demonstrating how to use different Symbol formats and various ways to specify date inputs:

1. Basic yearly lookup:

   =hf_Share_Dilution_Ratio("MSFT", 2022)

   Retrieves the historical share dilution ratio for Microsoft in the year 2022.

2. Year and quarter:

   =hf_Share_Dilution_Ratio("MSFT", 2022, 2)

   Returns the ratio specifically for Q2 of 2022.

3. Year, quarter, and trailing twelve months (TTM):

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

   Looks up data up to Q3 2022 and calculates a trailing twelve-month figure.

4. Relative references for last quarter or last year:

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

   • "lq": most recent quarter.
   • "ly": most recent full year.

5. Offsetting last quarter or year by one:

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

   • "lq-1": the quarter before last.
   • "ly-1": the year before last.

Date Input Formats

• Using a cell reference containing a valid date value:

  =hf_Share_Dilution_Ratio(A1, 2023)

• Using a direct date string:

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

• Using Excel functions (e.g., TEXT):

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

Common Questions

1. Why am I getting "NA" as a result?
   • Ensure your MarketXLS subscription covers historical fundamentals data.
   • Check if the symbol is valid or if the requested period is reported yet.

2. Can I reference cells for the parameters instead of typing them manually?
   • Yes, you can reference cells for Symbol, Year, Quarter, or TTM. For example:

   =hf_Share_Dilution_Ratio(A2, B2, C2, D2)

3. How do I handle large numbers of calls?
   • If your spreadsheet is large and you have multiple calls to hf_Share_Dilution_Ratio, you might experience slower performance. Consider periodically refreshing or caching results.

4. Do I need special formatting for option symbols or indices?
   • Yes, MarketXLS supports different formats like "@MSFT 110122C00020000" for options or "^SPX" for indices.

5. Any best practice tips?
   • It’s recommended to combine the share dilution ratio with complementary metrics (e.g., Revenue (Historical) or Gross Profit (Historical)) to get a full overview of a company’s financial health and performance.

? Pro Tip: Automate the refresh schedule of these formulas so your historical data remains up to date without manual intervention.