Total Fixed Assets (Historical) Formula in Excel

Total Fixed Assets (Historical) is an Excel formula provided by MarketXLS that returns the historical value of a company’s fixed assets (including construction in progress), as reported in the non-current section of the balance sheet. This function is especially useful for historical fundamental analysis and trend assessments in personal or professional financial models.

Understanding Total Fixed Assets (Historical)

• Purpose and Use Cases
  • Retrieve a company’s fixed assets from past reporting periods.
  • Compare changes in fixed asset investments over various historical intervals.
• Key Benefits
  • Automates data retrieval for faster financial modeling.
  • Saves time by eliminating manual lookup of historical statements.
• When to Use
  • Analyzing the trend of long-term assets for valuation.
  • Evaluating capital-intensive businesses and infrastructure growth.

Syntax and Parameters

=hf_Total_Fixed_Assets(Symbol, year, [quarter], [TTM])

Return Value

• Returns the total fixed assets for the specified symbol and period as a numeric value.
• If the function cannot locate valid data or the license is not valid, "NA" is returned.

Error Handling and Special Cases

• If an invalid symbol is specified, or if the parameter format is incorrect, the function returns "NA".
• Requires an appropriate MarketXLS subscription plan to access historical fundamental data.
• Performance is typically efficient for standard usage; however, retrieving large volumes of data or complex queries may take slightly longer.

Examples and Usage

Below are practical ways to use the hf_Total_Fixed_Assets function in Excel:

1. Basic usage for a specific year:

   =hf_Total_Fixed_Assets("MSFT", 2022)

2. Specify quarter:

   =hf_Total_Fixed_Assets("MSFT", 2022, 2)

3. Retrieve trailing twelve months (TTM):

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

4. Get last quarter automatically:

   =hf_Total_Fixed_Assets("MSFT", "lq")

5. Go one quarter back:

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

6. Go one year back:

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

Date Input Formats

While this function typically takes a year and quarter, you may link or convert dates when referencing these parameters (if needed):

• By referencing a cell containing a date:

  =hf_Total_Fixed_Assets("MSFT", YEAR(A1))

• Using a direct date string (not typical unless you convert it to a year first):

  =hf_Total_Fixed_Assets("MSFT", YEAR("2024-03-15"))

• Converting date values with TEXT if needed:

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

? Pro Tip: You can combine the hf_Total_Fixed_Assets function with other MarketXLS historical fundamentals, like hf_Revenue or hf_Gross_Profit, to build comprehensive historical analysis models.

Common Questions

1. What if I get "NA"?

   • Verify the ticker symbol and ensure your MarketXLS subscription includes historical data.
   • Make sure parameters (year, quarter, TTM) are valid and in correct format.

2. Can I use relative references for year or quarter?

   • Yes, you can reference cells in your workbook for dynamic analysis. For instance:

     =hf_Total_Fixed_Assets(A1, B1)

3. What if I need more detailed breakdowns?

   • Explore related functions like hf_Revenue (Historical), hf_Gross_Profit (Historical), or read MarketXLS’s knowledge base for advanced fundamentals.

?? Note: Always ensure your MarketXLS add-in is updated to utilize the latest features and data coverage.

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