Over 2 million professionals use CFI for accounting and financial analysis. Ten essential formulas for financial analysts are compiled. Formulas are crucial for complex data analysis and modeling
Custom formulas offer more flexibility than built-in presets. Formula uses >= operator to evaluate cell values against another cell. Cell references can be absolute ($J$6) or relative ($C5)
LARGE and ROWS functions find highest/lowest values in a range. SMALL function extracts lowest values from a range. COLUMNS function works for horizontal data organization
SUMIF sums cell values based on specific conditions. Function available in Excel 2000 through Excel 365. Requires three arguments: range, criteria, and optional sum_range
SUMPRODUCT multiplies array elements and returns their sum. Function syntax: SUMPRODUCT(array1, [array2], [array3], ...). Maximum arrays: 255 in Excel 365-2007, 30 in earlier versions. All arrays must have same number of rows and columns
IF function evaluates conditions using AND or OR logic. AND returns TRUE if all conditions are met. OR returns TRUE if any single condition is met