CFI-Excel-eBook

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The Corporate Finance Institute ExcelExamples of the ABSOLUTE Function in ExcelFor our analysis, we want the difference between Series A and Series B as givenbelow. Ideally, if you subtract Series A from Series B you might get negativenumbers depending on the values. However, if you want absolute numbers inthis scenario, we can use the ABSOLUTE function.The results returned using ABSOLUTE function would be absolute numbers. SoABS can be combined with other functions such as SUM, MAX, MIN, AVERAGE,etc. to calculate the absolute value for positive and negative numbers in Excelspreadsheets.Let’s see few examples of how ABS can be used with other Excel Functions.corporatefinanceinstitute.com158
The Corporate Finance Institute Excel1. SUMIF and ABSWe all are aware that SUMIF would sum up values if certain criteria within therange given are met. Let’s assume we’ve been given few numbers in Column Aand Column B as below:Now, I wish to subtract all negative numbers in Column B from all positivenumbers of Column A. I want the result to be an absolute number. So I can usethe ABS function along with SUMIF in the following manner:The result is 79. Excel added 15 and 6 from Column A and subtracted 100 fromColumn B to give us 79, as we used ABS function instead of -79.corporatefinanceinstitute.com159
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