def parse_cell(self, element):
        value = element.find(self.VALUE_TAG)
        if value is not None:
            value = value.text
        formula = element.find(self.FORMULA_TAG)
        data_type = element.get('t', 'n')
        coordinate = element.get('r')
        style_id = element.get('s')

        formula_value = None

        # assign formula to cell value unless only the data is desired
        if formula is not None and not self.data_only:
            data_type = 'f'
            if formula.text:
                formula_value = "=" + formula.text
            else:
                formula_value = "="
            formula_type = formula.get('t')
            if formula_type:
                if formula_type != "shared":
                    self.ws.formula_attributes[coordinate] = dict(formula.attrib)

                else:
                    si = formula.get('si')  # Shared group index for shared formulas

                    # The spec (18.3.1.40) defines shared formulae in
                    # terms of the following:
                    #
                    # `master`: "The first formula in a group of shared
                    #            formulas"
                    # `ref`: "Range of cells which the formula applies
                    #        to." It's a required attribute on the master
                    #        cell, forbidden otherwise.
                    # `shared cell`: "A cell is shared only when si is
                    #                 used and t is `shared`."
                    #
                    # Whether to use the cell's given formula or the
                    # master's depends on whether the cell is shared,
                    # whether it's in the ref, and whether it defines its
                    # own formula, as follows:
                    #
                    #  Shared?   Has formula? | In ref    Not in ref
                    # ========= ==============|======== ===============
                    #   Yes          Yes      | master   impl. defined
                    #    No          Yes      |  own         own
                    #   Yes           No      | master   impl. defined
                    #    No           No      |  ??          N/A
                    #
                    # The ?? is because the spec is silent on this issue,
                    # though my inference is that the cell does not
                    # receive a formula at all.
                    #
                    # For this implementation, we are using the master
                    # formula in the two "impl. defined" cases and no
                    # formula in the "??" case. This choice of
                    # implementation allows us to disregard the `ref`
                    # parameter altogether, and does not require
                    # computing expressions like `C5 in A1:D6`.
                    # Presumably, Excel does not generate spreadsheets
                    # with such contradictions.
                    if si in self.shared_formula_masters:
                        trans = self.shared_formula_masters[si]
                        formula_value = trans.translate_formula(coordinate)
                    else:
                        self.shared_formula_masters[si] = Translator(formula_value, coordinate)


        style_array = None
        if style_id is not None:
            style_id = int(style_id)
            style_array = self.styles[style_id]

        row, column = coordinate_to_tuple(coordinate)
        cell = Cell(self.ws, row=row, col_idx=column, style_array=style_array)
        self.ws._cells[(row, column)] = cell

        cell.formula = formula_value

        if value is not None:
            if data_type == 'n':
                value = _cast_number(value)
            elif data_type == 'b':
                value = bool(int(value))
            elif data_type == 's':
                value = self.shared_strings[int(value)]
            elif data_type == 'str':
                data_type = 's'

        else:
            if data_type == 'inlineStr':
                data_type = 's'
                child = element.find(self.INLINE_STRING)
                if child is None:
                    child = element.find(self.INLINE_RICHTEXT)
                if child is not None:
                    value = child.text

        if self.guess_types or value is None:
            cell.value = value
        else:
            cell._value=value
            cell.data_type=data_type