Posts Tagged 'Excel functions', page 2

TEXTJOIN function in Excel - easy way to merge text from multiple cells

Until recently, there were two prevalent methods to merge cell contents in Excel: the concatenation operator and CONCATENATE function. With the introduction of TEXTJOIN, it seems like a more powerful alternative has appeared, which enables you to join text in a more flexible manner including any delimiter in between. Continue reading

Excel ISBLANK function to check if cell is empty or not

There are many situations when you need to check if a cell is empty or not. For instance, if cell is blank, then you might want to sum, count, copy a value from another cell, or do nothing. In these scenarios, ISBLANK is the right function to use. Continue reading

Excel ISTEXT and ISNONTEXT functions with formula examples

Whenever you need to get information about the contents of some cell in Excel, you'd typically use the so-called Information functions. Both ISTEXT and ISNONTEXT belong to this category. The ISTEXT function checks if a value is text and ISNONTEXT tests if a value is not text. Continue reading

Excel ISNUMBER function with formula examples

The concept of the ISNUMBER function in Excel is very simple - it just checks whether a given value is a number or not. But the practical uses of the function go far beyond its basic concept, especially when combined with other functions within larger formulas. Continue reading

How to VLOOKUP across multiple sheets in Excel with examples

When looking up some information in Excel, it's a rare case when all the data is on the same sheet. More often, you will have to search across multiple sheets or even different workbooks. The good news is that Microsoft Excel provides more than one way to do this. Continue reading

Excel INDEX MATCH with multiple criteria - formula examples

Although Microsoft Excel has special functions for vertical and horizontal lookup, expert users normally replace them with INDEX MATCH, which is superior to VLOOKUP and HLOOKUP in many ways. Among other things, it can look up two or more criteria in columns and rows. Continue reading

XLOOKUP function in Excel for vertical and horizontal lookup

The tutorial introduces XLOOKUP - the new function for vertical and horizontal lookup in Excel. Left lookup, last match, Vlookup with multiple criteria and a lot more things that used to require a rocket science degree to accomplish have now become as easy as ABC. Continue reading

How to use MINIFS function in Microsoft Excel

When it comes to finding the minimum based on conditions, there are several possible solutions. You’ll see different approaches to locate the lowest value and choose the one that suits best for you. Continue reading

Excel MIN function - usage and formula examples

If you have a large range of data to find the lowest value in, the scrolling and looking for it manually is not an option. Please check different ways of locating a minimum number in Excel and choose the best one for your task. Continue reading

MAX IF in Excel to get highest value with conditions

Almost every Excel user is familiar with the good old MAX function that is designed to return the largest value in a dataset. In some situations, however, you may need to drill down into your data further to find the max value based on certain criteria. Continue reading

Excel MAXIFS function - get largest value based on multiple criteria

Traditionally, when you needed to find the highest value with conditions in Excel, you had to build your own MAX IF formula. While not a big deal for experienced users, that might present certain difficulties for novices. Luckily, Microsoft has recently introduced a new function that lets us do conditional max an easy way! Continue reading

MAX function in Excel: formula examples to find and highlight highest value

MAX is one of the most straightforward and easy-to-use Excel functions. However, it does have a couple of tricks knowing which will give you a big advantage. Continue reading

How to calculate IRR in Excel with formulas, template and Goal Seek

When you know the internal rate of return of a project, you may think you have all you need to evaluate it - the bigger the IRR the better. In practice, it's not that simple. Continue reading

How to use MIRR function in Excel to calculate modified internal rate of return

For many years, finance experts and textbooks have warned about the flaws and deficiencies of the internal rate of return, but many executives keep using it for assessing capital projects. Do they enjoy living on the edge or simply are not aware of the existence of MIRR? Continue reading

Excel XIRR function to find internal rate of return for non-periodic cash flows

Calculating IRR for periodic cash flows is easy. In real life situations, however, cash inflows and outflows often happen at irregular intervals. Thankfully, Microsoft Excel has a special function to find IRR in such cases, and this tutorial will teach you how to use it. Continue reading

How to use Excel IRR function to calculate internal rate of return

IRR in Excel is one of the financial functions for calculating the internal rate of return, which is frequently used in capital budgeting to judge projected returns on investments. Continue reading

How to calculate NPV in Excel - net present value formula examples

Microsoft Excel has a special function for calculating NPV, but its use can be tricky especially if you have little experience in financial modeling. The purpose of this tutorial is to show you how the Excel NPV function works and point out possible pitfalls when calculating the net present value of a series of cash flows. Continue reading

How to calculate variance in Excel - VAR, VAR.S, VAR.P and other functions

Variance is one of the most useful tools in probability theory and statistics. In science, it describes how far each number in the data set is from the mean. In practice, it often shows how much something changes. In this article, we will analyze different methods of calculating variance in Excel. Continue reading

Excel IPMT function to calculate interest portion of a loan payment

The interest portion of a loan payment can be calculated manually by multiplying the period's interest rate by the remaining balance. But Microsoft Excel has a special function for this – the IPMT function. In this tutorial, we will go in-depth explaining its syntax and providing real-life formula examples. Continue reading

Excel PPMT function with formula examples

When you make periodic payments on a loan or mortgage, a certain part of each payment goes towards the interest and the remainder is applied to the loan principal. In this tutorial, we will look at how to use the PPMT function to calculate the principal portion of the payment. Continue reading

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