Abstract

KEY TAKEAWAYS:

Using Excel’s =LAMBDA and =MAKEARRAY functions, user-defined functions are created to generate (1) sets of ratios covering net working capital, DuPont analysis, and leverage, and (2) a set of related cash flow calculations.

Computing and presenting related ratios and cash flows as a unified set allows for more efficient financial statement analysis.

User-defined functions can be copied from a referenced source file into any new spreadsheet, allowing immediate use in the new file because all associated programming is transferred.

Document Type

Working Paper

Publication Date

6-8-2026

Publisher Statement

Please do not cite without permission.

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FIN-STATEMENT-LAMBDA-PAPER.xlsx (14 kB)

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