Shareholders Equity (Historical) Formula in Excel

Shareholders Equity (Historical) is a powerful Excel formula provided by MarketXLS that retrieves the total shareholder equity for a specified company and time period. This function is especially useful for investors, traders, and analysts looking to evaluate how a company’s net worth changes over time. By incorporating this formula into your spreadsheet, you can streamline your fundamental analysis and make more informed decisions.

Understanding Shareholders Equity (Historical)

Shareholders’ equity, also known as stockholders’ equity, represents the ownership value held by shareholders in a company. It is calculated by subtracting total liabilities from total assets.
• Purpose and use cases:
– Evaluate a company’s financial health over specific historical periods.
– Track changes in equity to gauge growth or contraction.
– Compare equity figures across multiple firms.

• Key benefits:
– Provides quick insight into a company’s net worth.
– Helps in tracking shareholder value over time.
– Integrates seamlessly with other MarketXLS functions.

• When to use:
– Financial statement analysis.
– Investment and valuation modeling.
– Year-over-year or quarter-over-quarter trend analysis.

Syntax and Parameters

Use the following syntax to call the Shareholders Equity (Historical) formula in Excel:

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

?? Note: This function requires a valid MarketXLS license and historical fundamental data subscription. Returns "NA" if data is not available or the license is invalid.

Return Value

• Returns a numeric value representing the company’s shareholder equity for the specified period.
• In cases where data cannot be retrieved, it returns "NA" or an error message.

Error Handling

• "NA" if the symbol is invalid or no data is found.
• "NA" if the license or data subscription is not valid.

Special Cases and Limitations

• Historical data availability may vary for different symbols.
• If you specify an invalid quarter or year, the function returns "NA."
• For certain special periods like “lq-1” or “ly-2,” the function automatically calculates the offset.

Examples and Usage

Below are some typical examples showcasing how to use the Shareholders Equity (Historical) formula in different scenarios:

1. Retrieve shareholder equity for a specific year:

   =hf_Shareholders_Equity("MSFT", "2022")

2. Specify a calendar quarter in addition to the year:

   =hf_Shareholders_Equity("MSFT", "2022", "2")

3. Pull trailing twelve months data for a specific year and quarter:

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

4. Use last-quarter (lq) shortcuts to dynamically fetch equity data:

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

5. Retrieve last-year (ly) values without manual adjustments:

   =hf_Shareholders_Equity("MSFT", "ly")
   =hf_Shareholders_Equity("MSFT", "ly-1")

6. Automatically fetch last 12 months (lt) data:

   =hf_Shareholders_Equity("MSFT", "lt")
   =hf_Shareholders_Equity("MSFT", "lt-1")

? Pro Tip: Combine the Shareholders Equity (Historical) formula with other MarketXLS historical functions (like Revenue, R&D Expenses, etc.) to build complete financial statements and growth trend analyses within Excel.

Performance Considerations

• MarketXLS caches results to speed up subsequent queries.
• Complex spreadsheets with multiple data-intensive calls may impact performance—consider structuring your sheets efficiently and updating data selectively.

Common Questions

1. Can I reference a cell for the Symbol or Year parameters?

Absolutely. You can reference cells for any parameter:

=hf_Shareholders_Equity(A1, B1)

2. How do I handle direct dates or date functions?

While this function primarily uses year and quarter parameters, you can incorporate Excel date functions for related calculations. For example, converting a date in A1 to “yyyy-mm-dd”:

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

3. Why does the formula return “NA”?

• The symbol or year is invalid.
• Required subscription plan is not active.
• Data for the specified period is unavailable.

4. Are there related functions for deeper analysis?

Yes! MarketXLS provides these additional historical fundamental functions:

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

?? Note: Always ensure you have the necessary data subscription level for historical fundamentals.

By leveraging the Shareholders Equity (Historical) formula along with other MarketXLS functions, you can create robust financial models and make more data-driven investment decisions.