Compact mode
PMT vs MAXIFS vs COUNTIF
Table of content
Basic Classification Comparison
Function Category 📊
Primary classification of the Excel function based on its main purpose and usage domain, helps users quickly identify function typesPMTMAXIFSCOUNTIF- StatisticalCOUNTIF belongs to the Statistical category. Excel functions for statistical analysis and calculations
Operation Type 🔧
Fundamental type of operation or action that the Excel function performs on its inputsPMT- CalculationPMT performs Calculation operations. Excel functions for performing various calculations
MAXIFS- CalculationMAXIFS performs Calculation operations. Excel functions for performing various calculations
COUNTIF
Usage Context Comparison
For whom 👥
Target user groups who would benefit most from using this Excel functionPMT- Financial ProfessionalsPMT is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- AccountantsPMT is designed for Accountants. Excel functions commonly used by accountants for financial tracking and reporting Click to see all.
MAXIFS- Financial ProfessionalsMAXIFS is designed for Financial Professionals. Excel functions essential for financial analysis and planning Click to see all.
- Data AnalystsMAXIFS is designed for Data Analysts. Excel functions specifically designed for data analysis and interpretation Click to see all.
COUNTIF
Basic Information Comparison
Known For ⭐
Distinctive characteristic or primary strength of the Excel functionPMT- Calculate Loan PaymentsPMT is known for Calculate Loan Payments.
MAXIFS- Multiple Criteria MaxMAXIFS is known for Multiple Criteria Max.
COUNTIF- Counting With ConditionsCOUNTIF is known for Counting With Conditions.
History Comparison
Facts Comparison
Interesting Fact 💡
Unique or lesser-known information about the Excel functionPMT- Most used function in banking industry
MAXIFS- Can handle up to 127 criteria pairs
COUNTIF- Counting made fascinating
Sarcastic Fact 🤣
Humorous or ironic observation about the Excel functionPMT- The function that reminds you of your debts
MAXIFS- Like finding the tallest person who likes both pizza and sushi
COUNTIF- The function that makes counting harder than it should be
Usage Information Comparison
Formula Complexity Level 📖
Indicates the difficulty level and complexity of using the Excel function effectivelyPMTMAXIFSCOUNTIF
Technical Details Comparison
Input Data Type 📝
Types of data that the Excel function accepts as input parametersFor all*- NumberExcel functions specifically designed for numerical calculations
MAXIFSCOUNTIFVersion Compatibility 💻
Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.For all*- Excel 2016Excel functions that work specifically in Excel 2016 version
PMT- Excel 2019PMT is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version
- Excel 2013PMT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
MAXIFS- Microsoft 365MAXIFS is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
COUNTIF- Excel 2019COUNTIF is compatible with Excel 2019 Excel functions that work specifically in Excel 2019 version
- Excel 2013COUNTIF is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
- Microsoft 365COUNTIF is compatible with Microsoft 365 Excel functions optimized for the latest Microsoft 365 platform
- Excel OnlineCOUNTIF is compatible with Excel Online Excel functions optimized for use in the web-based Excel Online platform
Operating System 💾
Specifies the operating systems where the function can be used < including Windows< macOS< and web platformsFor all*- WindowsExcel functions optimized for Windows operating system
- MacOSExcel functions optimized for MacOS users
PMT- Web ExcelPMT runs on Web Excel Excel functions available in web-based versions
COUNTIF- Web ExcelCOUNTIF runs on Web Excel Excel functions available in web-based versions
Required Arguments Count 🔢
Number of mandatory arguments needed for the function to work properlyPMTMAXIFSCOUNTIFRequired Arguments Type 📊
The data types accepted as valid input arguments for the functionFor all*- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
- NumberExcel functions that perform calculations specifically with numerical inputs
MAXIFS- RangeMAXIFS accepts Range as input types Excel functions that operate on cell ranges for calculations
- TextMAXIFS accepts Text as input types Excel functions specialized in text string manipulation and processing
COUNTIF- RangeCOUNTIF accepts Range as input types Excel functions that operate on cell ranges for calculations
- TextCOUNTIF accepts Text as input types Excel functions specialized in text string manipulation and processing
Evaluation Comparison
Pros ✅
Key advantages and strengths of the Excel functionPMT- Accurate Calculations
- Industry StandardExcel functions recognized as industry standards ensure widespread compatibility and reliability
- Reliable
MAXIFS- Multiple Condition Support
- Array HandlingFunctions that efficiently process arrays and ranges of data
- Efficient Processing
COUNTIF- Easy Conditional Counting
- Flexible Criteria
- Simple To Use
- Efficient
Cons ❌
Limitations and potential drawbacks of the Excel functionPMT- Negative Number Output
- Complex Parameters
MAXIFS- Requires Sorted Data
- Limited To NumbersFunctions that can only process numerical values and cannot handle text or dates Click to see all.
COUNTIF- Limited To Single Condition
- Case SensitiveFunctions where text matching is affected by letter case can cause unexpected results Click to see all.
- Limited Criteria Options
Ratings Comparison
Alternatives to PMT
SUMIFS
Known for Multiple Condition Sum
📈
is more versatile than PMT
ROUND
Known for Round Numbers
📊
is easier to use than PMT
📈
is more versatile than PMT
⭐
is rated higher than PMT
FACT
Known for Calculate Factorials
📊
is easier to use than PMT
MOD
Known for Division Remainder Calculations
📊
is easier to use than PMT
MIN
Known for Finding Lowest Value
📊
is easier to use than PMT
⭐
is rated higher than PMT
AVERAGE
Known for Basic Statistical Calculation
📊
is easier to use than PMT
⭐
is rated higher than PMT
PRODUCT
Known for Multiplying Numbers Together
📊
is easier to use than PMT
COUNTIFS
Known for Multiple Criteria Counting
📈
is more versatile than PMT
⭐
is rated higher than PMT
RIGHT
Known for Extract Rightmost Characters
📊
is easier to use than PMT
⭐
is rated higher than PMT
SUBSTITUTE
Known for Replace Specific Text
📈
is more versatile than PMT
⭐
is rated higher than PMT