When you have quotes within quotes, you need to double them up, as in:
="don't "&TEXT(C14/D14,"0.0"" :1""")

I'm not sure why you want the space before the colon, but that's up to you.

Regards,
Fred


"Seanie" wrote in message
...
How can I express below in a ratio format? It returns an invalid
error. If I was to just do it without the text, I'd simply FORMAT,
custom 0.0" :1", but it doesn't seem to work that way here. Any
suggestions?

="don't "&TEXT(C14/D14,"0.0" :1"")