Total Liabilities (Historical) Formula in Excel

In this guide, you’ll learn how to use the Total Liabilities (Historical) formula in Excel with MarketXLS. This function (hf_Total_Liabilities) pulls historical total liability data for a specified ticker symbol and period. It’s a powerful tool for investors, analysts, and anyone interested in quickly reviewing a company’s combined debts and obligations over different historical timeframes.

Understanding Total Liabilities (Historical)

• Purpose: Retrieve a company’s total liabilities for a specified year and quarter (or trailing twelve months).
• Use Cases:
  • Evaluating a company’s debt position over specific quarters or years.
  • Assessing long-term obligations and trends in liability growth or reduction.
• Key Benefits:
  • Automated data retrieval for comprehensive financial analysis right in Excel.
  • Historical context allows for year-over-year or quarter-over-quarter comparisons.
• When to Use:
  • Ideal for building dashboards comparing liabilities with other fundamentals like revenue, equity, or cash flows.
  • Useful for credit or leverage ratio analysis.

Syntax and Parameters

Syntax

=hf_Total_Liabilities(symbol, year, [quarter], [TTM])

?? Note: This function requires a MarketXLS historical fundamental data subscription to return valid results.

Parameter Definitions

Return Value

• Returns a numeric result representing total liabilities in the specified period.
• Returns "NA" if there is missing data, invalid license, or an unsupported symbol.

? Pro Tip: Use MarketXLS-provided shortcuts like “lq” (last quarter) or “ly” (last year) to quickly fetch dynamic historical data without manually updating dates.

Examples and Usage

Below are a few practical examples demonstrating how to retrieve total liabilities using different parameter inputs:

1. Basic Yearly Query

   =hf_Total_Liabilities("MSFT", 2022)

   Fetches total liabilities for Microsoft in the year 2022.

2. Year and Quarter

   =hf_Total_Liabilities("MSFT", 2022, 2)

   Retrieves total liabilities for the second quarter of 2022.

3. Year, Quarter, and Trailing Twelve Months

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

   Returns total liabilities for the trailing twelve months ending in the third quarter of 2022.

4. Last Quarter or Last Year Keywords

   =hf_Total_Liabilities("MSFT", "lq")
   =hf_Total_Liabilities("MSFT", "ly")

   • “lq” ? the most recently available quarter
   • “ly” ? the most recently available year

5. Using Offsets

   =hf_Total_Liabilities("MSFT", "lq-1")  ' Last quarter minus one
   =hf_Total_Liabilities("MSFT", "ly-1")  ' Last year minus one
   =hf_Total_Liabilities("MSFT", "lt-1")  ' Previous trailing twelve months

?? Note: If the function returns “NA”, verify the symbol is correct and that your MarketXLS historical fundamentals data subscription is active.

Common Questions

1. Why am I getting “NA” as a return value?

   • Possible reasons include an invalid or unsupported symbol, an inactive data subscription, or no available historical data for the requested period.

2. How do I improve performance when pulling historical data?

   • Minimize repetitive calls by storing common parameters (e.g., “MSFT”) in cells and referencing them. Use Excel formulas dynamically rather than making separate calls for each cell.

3. Can I pass the year dynamically from another cell or function?

   • Yes. For example:

     =hf_Total_Liabilities("MSFT", A1, 2)

     Where cell A1 contains a year (e.g., 2022) or relative keyword (e.g., “lq”).

4. What if I only have monthly or weekly data?

   • This function works with quarterly or yearly fundamentals. For more granular data, consider using MarketXLS price functions or other relevant fundamental functions.

5. Does “TTM” always mean the last 12 months from the specified quarter?

   • Yes, specifying “TTM” references the rolling 12-month period ending in that quarter.

? Pro Tip: Combine hf_Total_Liabilities with other fundamental functions like hf_Revenue, hf_Equity, etc., to quickly calculate financial ratios (e.g., Debt-to-Equity) in your Excel templates.