Total Debt Formula in Excel

Understanding Total Debt

The Total Debt formula in Excel (with MarketXLS) allows you to quickly retrieve a company's overall debt, combining long-term debt, short-term debt, and capital lease obligations. This data is vital for:

• Evaluating a company's financial health
• Comparing leverage across different companies
• Making informed investment decisions

? Pro Tip: Use the Total Debt formula alongside other key ratios like market capitalization or EPS to get a well-rounded view of a company's financial status.

Syntax and Parameters

=TotalDebt(Symbol)

• Return Value:
– Returns a numeric value representing the company's total debt.
– If the function cannot find the symbol or license validation fails, it returns "NA".

?? Note: An invalid symbol or unsupported security type will result in an output of "NA".

Examples and Usage

Below are common ways to use the Total Debt formula in Excel with MarketXLS:

1. Lookup by ticker symbol:

   =TotalDebt("MSFT")

2. Get total debt for an index:

   =TotalDebt("^SPX")

3. Retrieve total debt for options:

   =TotalDebt("@MSFT 110122C00020000")

4. Fetch crypto total debt equivalent (if available):

   =TotalDebt("BTCUSD:DEFAULT")

? Pro Tip: Pair =TotalDebt() with other MarketXLS formulas (e.g., =MarketCap()) to calculate debt ratios like Debt-to-Equity or Debt-to-Market Cap.

Real-World Application

Use Total Debt to:

• Track changes in your target company's leverage over time and assess risk.
• Quickly run comparisons of debt levels among several companies or sectors to spot emerging trends.

Common Questions

1. What happens if I enter an invalid symbol?
   – The function returns "NA" if the symbol is invalid or unrecognized.

2. Does the function require a date?
   – No. Total Debt only needs the Symbol parameter. Date inputs are not applicable.

3. How often is the data updated?
   – Data is typically refreshed based on the latest available market information. Internet connectivity and licensing can affect update frequency.

4. Are there any performance considerations?
   – Because TotalDebt retrieves data from MarketXLS servers, performance may vary based on your internet connection speed.

5. How do I interpret the returned debt value?
   – Interpret the returned value as a snapshot of the company's total indebtedness. High debt might indicate risk, while low debt can mean financial stability, depending on the context and other metrics.