Total Liabilities As A Percentage Of Total Assets (Historical) Formula in Excel

Understanding Total Liabilities As A Percentage Of Total Assets (Historical)

The Total Liabilities As A Percentage Of Total Assets (Historical) formula in Excel with MarketXLS helps you quickly gauge a company's financial leverage by comparing its total liabilities against its total assets for a specific historical period. This formula is particularly useful when:

• Determining a company's financial stability over different years or quarters.
• Tracking changes in a company's debt structure.
• Informing investment decisions based on historical liabilities-to-assets trends.

? Pro Tip: Use this formula alongside other fundamentals (e.g., revenue or equity ratios) to obtain a comprehensive view of a company’s financial health.

Syntax and Parameters

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

?? Note: If the function cannot retrieve valid data (e.g., invalid symbol or license issue), it returns "NA".

Return Value

This formula returns a numeric value representing the total liabilities as a percentage of total assets for the specified period. If an error or invalid input is detected, "NA" is returned.

Examples and Usage

Below are a few practical examples. In each case, you can provide the year as a literal value or use cell references (e.g., =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets(A1, B1)), and similarly for quarter and TTM:

• Using a regular symbol:

1. Basic year example:

   =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("MSFT", 2022)

   Returns the total liabilities as a percentage of total assets for Microsoft in 2022 (Q1 by default).

2. Specific quarter example:

   =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("MSFT", 2022, 2)

   Returns the value for Q2 of 2022.

3. TTM data example:

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

   Returns trailing twelve-month data from Q3 2022.

4. Last quarter usage:

   =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("MSFT", "lq")

   Returns the value for the last reported quarter.

5. Last year minus one:

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

   Retrieves data for one year prior to the last reported year.

• Using different symbol types:

• Indices:

  =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("^SPX", 2021)

• Options:

  =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("@MSFT 110122C00020000", "lq")

• Crypto:

  =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("BTCUSD:DEFAULT", "ly")

? Pro Tip: Combine =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets with Excel date functions using TEXT to dynamically reference dates or years: • By Cell Reference:
=hf_Total_Liabilities_as_a_Percentage_of_Total_Assets(A1, B1)
• Direct Year Text:
=hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("MSFT", "2024")
• With TEXT Function:
=hf_Total_Liabilities_as_a_Percentage_of_Total_Assets("MSFT", TEXT(A1,"yyyy"))

Common Questions

1. Why am I getting "NA"?

• The symbol might be incorrect or unsupported.
• Your MarketXLS license may not include fundamental data.
• The requested year/quarter data may not be available for that particular symbol.

2. How can I improve performance when retrieving data for many symbols?

• Minimize the number of simultaneous function calls.
• Use MarketXLS caching features where possible.
• Organize your spreadsheet so that requests are batched logically.

3. Can I reference data from another cell for the year or quarter inputs?

Yes, you can reference cells directly (e.g., =hf_Total_Liabilities_as_a_Percentage_of_Total_Assets(A1, B1, C1)) to make your formulas more dynamic.

4. How does this formula differ from other historical fundamental functions?

This formula specifically focuses on comparing liabilities to assets. Other fundamental formulas might focus on revenue, earnings, or cash flow. Combining them provides a more holistic financial view.

?? Note: For holistic analysis, you may also want to use these related functions:

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