What is a Credit Analyst? A credit analyst is a finance professional whose primary function is to assess requests for credit and, after reviewing and analyzing the financial statements, determine through due diligence if an individual or company is worthy of receiving financing. It may be the first-time issuance of funds or refinancing. On a…
Work Smarter in Excel with Keyboard Shortcuts If you’re still reaching for the mouse every few seconds, it’s time to level up. The best Excel keyboard shortcuts can dramatically increase your speed and efficiency, especially for financial modeling, data analysis, and reporting tasks. Whether you’re using a PC or Mac, this guide provides a comprehensive…
What is the PI Function in Excel? The PI Function in Excel returns the mathematical constant “pi.” To recap, PI is the ratio of a circle’s circumference and its diameter. Often, we would use the PI Function in Excel, especially when our business is required to do geometric calculations. These calculations entail calculating the area…
What is the ABSOLUTE Function in Excel (ABS)? The ABS Function in Excel returns the absolute value of a number. The function converts negative numbers to positive numbers while positive numbers remain unaffected. Formula ABSOLUTE Value = ABS(number) Where number is the numeric value for which we need to calculate the Absolute value. How to use the ABSOLUTE…
What is the SUMIFS Function in Excel? We all know the SUMIF function allows us to sum the data given based on associated criteria within the same data. However, the SUMIFs Function in Excel allows applying multiple criteria. Formula used for the SUMIFS Function in Excel “SUMIFS ( sum_range, criteria_range1, criteria1, [criteria_range2, criteria2, criteria_range3, criteria3, ……
What is the SUBTOTAL Function in Excel? The SUBTOTAL Functionin Excel allows users to create groups and then perform various other Excel functions such as SUM, COUNT, AVERAGE, PRODUCT, MAX, etc. Thus, the SUBTOTAL function in Excel helps in analyzing the data provided. Formula SUBTOTAL = (method, range1, [range2 …range_n]) Where method is the type…
What is the Eisenhower Matrix? The Eisenhower Matrix – also known as the Eisenhower Decision Matrix, the Eisenhower Important/Urgent Matrix, or simply as the Important/Urgent Matrix – is a graphical tool used to prioritize tasks by ranking them on two key attributes: Importance and Urgency. The Eisenhower Matrix was derived from a quote attributed to…
What is the FORMULATEXT Function? The FORMULATEXT Function helps you get a formula in text form from the referred cell. FORMULATEXT is categorized under Excel Lookup and Reference functions. It was introduced in MS Excel 2013. Formula =FORMULATEXT(reference) Reference here is the reference to a cell or range of cells from which we want…
What is the DAYS Function? The DAYS Function in Excel is a Date/Time function that is used for calculating the number of days between two dates. The DAYS function was introduced in MS Excel 2013. Its purpose is to provide the days between two dates. Prior to this, we used End date-Start date. Formula for…
What is the Excel INDIRECT Function? The Excel INDIRECT Function returns a reference to a range. The INDIRECT function does not evaluate logical tests or conditions. Also, it will not perform calculations. Basically, this function helps lock the specified cell in a formula. Due to this, we can change a cell reference within a formula…
