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Google Sheets

The XIRR function in Google Sheets calculates the internal rate of return (IRR) for a series of cash flows. This function is useful for budgeting and forecasting, as it can help you determine the profitability of an investment or project. To use the XIRR function, you need to input the following information:

-The name of the column that contains the dates of the cash flows

-The name of the column that contains the cash flow amounts

-The number of cash flow periods

For example, if you want to calculate the IRR for a series of monthly cash flows, you would input the following information into the XIRR function:

-The name of the column that contains the dates of the cash flows

-The name of the column that contains the cash flow amounts

-The number of cash flow periods (in this case, 12)

The XIRR function will then calculate the IRR for your data set.

The syntax of XIRR in Google Sheets is as follows:

=XIRR(values, dates)

values is the array of investment values

dates is the array of corresponding investment dates

An example of how to use XIRR in Google Sheets would be to calculate the return on investment for a set of investments over a period of time. To do this, you would first need to list the investments and the corresponding dates that they were made. You would then use the XIRR function to calculate the return on investment for each investment. The XIRR function takes into account the dates that the investments were made, as well as the amount of each investment and the interest rate. This calculation will give you the total return on investment for all of your investments.

There are a few occasions when you should not use XIRR in Google Sheets. One instance is when you have negative cash flow values, as XIRR will not be able to calculate a rate of return in this case. Additionally, if you have missing values in your data set, XIRR will not be able to provide an accurate calculation. Furthermore, if your data is not evenly spaced, XIRR will not be able to produce an accurate result.

The XIRR function in Google Sheets calculates the Internal Rate of Return (IRR) for a series of cash flows. This function is similar to the Excel IRR function, which also calculates the IRR for a series of cash flows. The IRR is a measure of the rate of return on an investment. It is the discount rate that makes the net present value of all cash flows from the investment equal to zero.

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