Short Term Debt (Historical) Formula in Excel

Short Term Debt (Historical) is an essential MarketXLS function for analyzing a company's short-term liabilities in Excel. By leveraging this formula, investors and analysts can quickly access and compare a firm’s financial obligations due within one year. This function is especially helpful for short-term liquidity assessments, credit analysis, and comprehensive financial modeling.

Understanding Short Term Debt (Historical)

Short-term debt often reveals how a company manages its immediate financial commitments. MarketXLS pulls historical data to provide:

• Quick insights into liquidity and risk analysis
• Coverage of different time periods (annual, quarterly, or trailing twelve months)
• Rapid retrieval of key historical fundamentals directly in Excel

Use the Short Term Debt (Historical) formula when you need:

• To evaluate short-term obligations in comparison to other balance sheet items
• Quick screening of companies with potentially high short-term debt burdens
• Data for detailed equity research or portfolio analysis

Syntax and Parameters

Below is the syntax for the hf_Short_Term_Debt function in Excel:

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

?? Note: This function returns "NA" if:

• The symbol is invalid
• The license is not active
• An error occurs during data retrieval

Return Value

The hf_Short_Term_Debt function returns a numeric value representing the total short-term debt for the specified historical period. If any errors or invalid inputs occur, the function returns the string "NA".

Examples and Usage

Below are common ways to use the Short Term Debt (Historical) formula in Excel:

=hf_Short_Term_Debt("MSFT", 2022)
=hf_Short_Term_Debt("MSFT", 2022, 2)
=hf_Short_Term_Debt("MSFT", 2022, 3, "TTM")
=hf_Short_Term_Debt("MSFT", "lq")      // Last quarter
=hf_Short_Term_Debt("MSFT", "ly-1")    // Last year - 1
=hf_Short_Term_Debt(A1, 2021)         // Where A1 contains "MSFT" or another symbol
=hf_Short_Term_Debt("BTCUSD:DEFAULT", "lq")
=hf_Short_Term_Debt("^SPX", "2022")
=hf_Short_Term_Debt("@MSFT 110122C00020000", "lt", 3, "TTM")

? Pro Tip: You can input dates in different formats:

1. Cell references: =hf_Short_Term_Debt(A1)
2. Direct dates: =hf_Short_Term_Debt("2024-03-15")
3. Excel date functions: =hf_Short_Term_Debt(TEXT(A1,"yyyy-mm-dd"))

Common Questions

1. Why am I getting “NA” from this function?

You might receive "NA" if the symbol is invalid, you do not have the required MarketXLS subscription, or an unexpected server error occurs.

2. How is this different from long-term debt?

Short-term debt includes obligations due within one year, while long-term debt covers obligations with maturities longer than one year.

3. How does the TTM filter work?

When you include "TTM" and a specific quarter in the formula, the function calculates short-term debt based on the trailing twelve months from that quarter.

4. Does performance degrade with multiple calls?

MarketXLS caches data, so repeated calls on the same symbol and parameters are generally retrieved quickly. Large complex worksheets can benefit from using fewer repeated calls.

5. What other related functions might complement this?

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

Use these functions to build a comprehensive financial analysis model in Excel.