Search icon CANCEL
Subscription
0
Cart icon
Your Cart (0 item)
Close icon
You have no products in your basket yet
Save more on your purchases now! discount-offer-chevron-icon
Savings automatically calculated. No voucher code required.
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Conferences
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Hands-On Financial Modeling with Microsoft Excel 2019

You're reading from   Hands-On Financial Modeling with Microsoft Excel 2019 Build practical models for forecasting, valuation, trading, and growth analysis using Excel 2019

Arrow left icon
Product type Paperback
Published in Jul 2019
Publisher Packt
ISBN-13 9781789534627
Length 292 pages
Edition 1st Edition
Tools
Arrow right icon
Author (1):
Arrow left icon
Shmuel Oluwa Shmuel Oluwa
Author Profile Icon Shmuel Oluwa
Shmuel Oluwa
Arrow right icon
View More author details
Toc

Table of Contents (15) Chapters Close

Preface 1. Section 1: Financial Modeling - Overview
2. Introduction to Financial Modeling and Excel FREE CHAPTER 3. Steps for Building a Financial Model 4. Section 2: The Use of Excel - Features and Functions for Financial Modeling
5. Formulas and Functions - Completing Modeling Tasks with a Single Formula 6. Applying the Referencing Framework in Excel 7. Section 3: Building an Integrated Financial Model
8. Understanding Project and Building Assumptions 9. Asset and Debt Schedules 10. Cash Flow Statement 11. Valuation 12. Ratio Analysis 13. Model Testing for Reasonableness and Accuracy 14. Another Book You May Enjoy

Pitfalls to avoid

In constructing your formulas, it is easy to get carried away and, very soon, the formula becomes very complex and unfriendly. While it is desirable to keep formulas compact, they should be simple and easy for a third party to follow. If necessary, break up the formula into two or more parts so that it becomes easier to follow while retaining the original effect.

Alternatively, you can use Alt + Enter to force part of the formula to the next line. This will not affect the result of the formula, but it will make the formula easier to understand. Consider the following example:

=INDEX(C5:G10,MATCH(J20,C5:C10,0),MATCH(K19,C5:G5,0))

This complex formula can be broken down to three parts with the use of Alt + Enter, as follows:

=INDEX(C5:G10,
MATCH(J20,C5:C10,0),
MATCH(K19,C5:G5,0))

As we can see, this makes it easier to decipher.

...
lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at €18.99/month. Cancel anytime