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ISLOGICAL Function

Tests the value or expression provided and returns a logical value

What is the ISLOGICAL Function?

The ISLOGICAL function is categorized under Information functions. The function will test the value or expression provided and return a logical value. That is, it will evaluate the value or expression to provide a TRUE or FALSE result. ISLOGICAL is part of a group of functions called the IS functions, which are commonly used to test the result of formulas for errors.

In financial analysis, we often deal with numbers. The ISLOGICAL function is useful for checking errors in our data or analysis where we used some formulas.

 

Formula

=ISLOGICAL(value)

 

The ISLOGICAL function uses the following arguments:

  1. Value (required argument) – It is the value we wish to test as logical or not. Value can be a blank (empty cell), error, logical, text, number, or reference value, or a name referring to any of these, that we want to test.

 

How to use the ISLOGICAL Function in Excel?

To understand the uses of the ISLOGICAL function, let’s consider a few examples:

 

Example 1

Let’s see the results from the function when we provide the following data:

 

ISLOGICAL Function

 

Things to remember about the ISLOGICAL Function:

  1. The function returns FALSE for a blank cell.
  2. 1 and 0 (zero) are not evaluated as TRUE and FALSE. However, you can use the AND function to evaluate 1 and 0 and TRUE and FALSE.
  3. If the value provided us contains an error, ISLOGICAL will return a #N/A value.

 

Click here to download the sample Excel file

 

Additional resources

Thanks for reading CFI’s guide to important Excel functions! By taking the time to learn and master these functions, you’ll significantly speed up your financial analysis. To learn more, check out CFI’s financial modeling courses, and these additional resources:

  • Excel Functions for Finance
  • Advanced Excel Formulas Course
  • Advanced Excel Formulas You Must Know
  • Excel Shortcuts for PC and Mac

Free Excel Tutorial

To master the art of Excel, check out CFI’s FREE Excel Crash Course, which teaches you how to become an Excel power user.  Learn the most important formulas, functions, and shortcuts to become confident in your financial analysis.

 

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