Analyze One-Year Growth in Cash & Equivalents with CashAndEquivalentOneYearGrowth

The CashAndEquivalentOneYearGrowth function in MarketXLS helps you quickly retrieve the one-year growth rate of a company’s cash and equivalents value by simply providing its ticker symbol. It can be especially useful for fundamental analysis, letting you gauge liquidity trends and spot shifts in short-term assets. It returns either a numeric growth rate or “NA” if data is unavailable or the ticker is invalid.

Why Use This Function?

• Get immediate insight into liquidity changes: Understand how a company’s liquid assets have grown (or shrunk) year-over-year.
• Make informed investment decisions: A rising cash balance may indicate strong financial health or preparation for strategic moves such as acquisitions.
• Quick evaluation for multiple symbols: Compare and contrast different companies’ short-term liquidity trends all within Excel.
• Integration friendly: Use with other MarketXLS functions or Excel formulas to build customized dashboards and financial models.

How to Use in Excel

=CashAndEquivalentOneYearGrowth(Symbol)

• Enter the function into a cell, followed by the ticker symbol of the company.
• Press Enter to see the 1-year growth rate of that company’s cash and equivalents.
• Combine results with standard Excel formulas for further calculations or screening.

Parameters Explained

• Symbol is the only required parameter.
• If the symbol is invalid or data is not available for the last year, the function will return "NA."
• If your MarketXLS license is invalid or expired, the function will also return “NA” or a license-related message.

Example Usage

Basic Examples

1. Simple Growth for Apple (AAPL)
   =CashAndEquivalentOneYearGrowth("AAPL")
   ? Returns a numeric value indicating Apple’s year-over-year cash & equivalents growth.

2. Growth for Tesla (TSLA)
   =CashAndEquivalentOneYearGrowth("TSLA")
   ? Gives TSLA’s cash & equivalents growth rate for the most recent one-year period reported.

3. Using a Cell Reference
   A1: "MSFT"
   In another cell: =CashAndEquivalentOneYearGrowth(A1)
   ? Looks up Microsoft’s one-year growth directly from the symbol in cell A1.

Advanced Scenarios

1. Growth Comparison for Portfolio Analysis

   • List multiple ticker symbols (e.g., GOOGL, AMZN) in a column.
   • Use CashAndEquivalentOneYearGrowth on each to see how each company’s short-term liquidity is trending.
   • Combine with your other financial metrics to see if increased or decreased liquidity correlates with revenue or earnings trends.

2. Tracking Negative Growth

   • Identify if a company’s cash position has reduced over the past year.
   • A negative return indicates a drop, which could be relevant for risk assessments or short-term solvency analysis.

3. Integration with Other Excel Functions

   • Pair the returned growth rate with conditional formatting to visually highlight negative or unusually high changes.
   • Use additional MarketXLS fundamental functions (like RevenueGrowth, DebtToEquity, etc.) side-by-side to form a complete liquidity and solvency picture.

Common Questions and Troubleshooting

• “Why am I getting ‘NA’?”

• Check if your ticker symbol is correct and corresponds to a supported market.
• Confirm that data exists for that specific period. Some symbols lack comprehensive fundamentals.
• Verify your MarketXLS license is active and valid.

• “Why is the returned value negative?”

• A negative result means the company’s cash and equivalents declined compared to the previous year, pointing to a potential warning sign in liquidity.

• “Can I use references or formulas for the symbol?”

• Yes. You can reference any cell containing a valid ticker symbol or concatenate text strings to build a symbol reference dynamically.

• “Does the function update automatically?”

• Like most MarketXLS data functions, it updates when Excel recalculates or when you refresh data.

• Edge case to note: If data is not reported or has not been updated recently, the function may be temporarily unavailable, returning “NA.”

Feel free to incorporate CashAndEquivalentOneYearGrowth into various workflows—such as real-time data dashboards, automated screeners, or detailed valuation models—to quickly assess short-term liquidity trends across your favorite stocks.