Barnes Balance Sheet Analysis From 2010 to 2024

B Stock  USD 37.48  1.21  3.34%   
Most indicators from Barnes' financial ratios are interrelated and interconnected. However, analyzing financial ratios indicators one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of financial ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Barnes Valuation and Barnes Correlation analysis.
  
The current year's Tax Provision is expected to grow to about 37.5 M, whereas Selling General Administrative is forecasted to decline to about 257.6 M.
Most indicators from Barnes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Barnes Valuation and Barnes Correlation analysis.
The current year's Tax Provision is expected to grow to about 37.5 M, whereas Selling General Administrative is forecasted to decline to about 257.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit455.0M421.9M442.9M370.6M
Total Revenue1.3B1.3B1.5B1.0B

Barnes fundamental ratios Correlations

0.90.640.760.920.750.880.920.51.0-0.520.50.930.230.940.920.3-0.530.960.720.960.070.950.770.760.72
0.90.430.540.670.521.00.720.270.89-0.780.270.90.050.990.910.06-0.520.980.720.890.10.850.590.530.45
0.640.430.940.70.920.40.70.620.65-0.030.620.560.140.490.410.38-0.450.530.350.57-0.030.630.780.710.64
0.760.540.940.810.970.510.770.690.75-0.120.690.710.330.60.590.32-0.360.640.410.720.120.760.90.850.8
0.920.670.70.810.820.640.950.580.92-0.250.580.80.340.730.790.44-0.440.770.660.860.090.890.790.830.84
0.750.520.920.970.820.490.770.710.75-0.120.710.670.360.590.580.32-0.340.630.380.70.060.760.890.880.82
0.881.00.40.510.640.490.690.20.88-0.80.20.880.020.980.90.04-0.520.970.710.850.110.830.560.490.41
0.920.720.70.770.950.770.690.510.93-0.320.510.790.080.770.790.48-0.680.80.750.85-0.080.830.80.710.7
0.50.270.620.690.580.710.20.510.460.131.00.510.420.360.370.31-0.150.390.170.58-0.160.440.720.680.68
1.00.890.650.750.920.750.880.930.46-0.510.460.910.20.930.890.31-0.550.950.720.930.090.950.750.740.71
-0.52-0.78-0.03-0.12-0.25-0.12-0.8-0.320.13-0.510.13-0.590.19-0.69-0.70.430.32-0.67-0.67-0.53-0.2-0.47-0.22-0.120.02
0.50.270.620.690.580.710.20.511.00.460.130.510.420.360.370.31-0.150.390.170.58-0.160.440.720.680.68
0.930.90.560.710.80.670.880.790.510.91-0.590.510.290.920.910.11-0.380.940.640.970.110.920.740.690.65
0.230.050.140.330.340.360.020.080.420.20.190.420.290.110.250.150.630.13-0.180.320.30.380.310.660.72
0.940.990.490.60.730.590.980.770.360.93-0.690.360.920.110.910.16-0.531.00.680.920.030.870.660.60.54
0.920.910.410.590.790.580.90.790.370.89-0.70.370.910.250.910.13-0.410.920.810.950.080.840.730.70.64
0.30.060.380.320.440.320.040.480.310.310.430.310.110.150.160.13-0.380.170.130.26-0.440.210.380.420.52
-0.53-0.52-0.45-0.36-0.44-0.34-0.52-0.68-0.15-0.550.32-0.15-0.380.63-0.53-0.41-0.38-0.54-0.64-0.430.4-0.32-0.43-0.11-0.06
0.960.980.530.640.770.630.970.80.390.95-0.670.390.940.131.00.920.17-0.540.70.940.060.90.680.630.57
0.720.720.350.410.660.380.710.750.170.72-0.670.170.64-0.180.680.810.13-0.640.70.7-0.050.570.590.40.33
0.960.890.570.720.860.70.850.850.580.93-0.530.580.970.320.920.950.26-0.430.940.70.020.90.810.770.74
0.070.1-0.030.120.090.060.11-0.08-0.160.09-0.2-0.160.110.30.030.08-0.440.40.06-0.050.020.25-0.140.10.08
0.950.850.630.760.890.760.830.830.440.95-0.470.440.920.380.870.840.21-0.320.90.570.90.250.680.760.74
0.770.590.780.90.790.890.560.80.720.75-0.220.720.740.310.660.730.38-0.430.680.590.81-0.140.680.870.81
0.760.530.710.850.830.880.490.710.680.74-0.120.680.690.660.60.70.42-0.110.630.40.770.10.760.870.98
0.720.450.640.80.840.820.410.70.680.710.020.680.650.720.540.640.52-0.060.570.330.740.080.740.810.98
Click cells to compare fundamentals

Barnes Account Relationship Matchups

Barnes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B2.6B2.4B3.3B3.5B
Other Current Liab159.5M138.7M150.2M130.7M168.1M96.5M
Net Debt741.0M625.1M500.8M494.2M1.2B1.3B
Retained Earnings1.5B1.5B1.6B1.6B1.6B1.6B
Cash93.8M79.1M102.9M76.9M89.8M50.5M
Net Receivables349.0M251.5M262.3M291.9M425.7M447.0M
Inventory232.7M238.0M239.7M283.4M365.2M383.5M
Other Current Assets88.9M73.7M75.4M80.2M25.9M37.3M
Total Liab1.5B1.3B1.1B1.1B1.9B2.0B
Total Current Assets764.4M642.3M680.2M732.3M906.7M952.1M
Short Term Debt9.8M4.4M3.7M1.4M21.8M22.2M
Intangible Assets581.1M564.1M500.2M442.5M706.5M741.8M
Accounts Payable118.5M112.4M131.1M145.1M164.3M95.1M
Common Stock639K642K643K645K646K548.2K
Other Liab277.7M298.3M237.7M175.6M201.9M179.7M
Other Assets71.8M87.2M99.5M56.3M50.6M49.0M
Long Term Debt825.0M699.9M599.9M569.6M1.3B1.3B
Good Will933.0M1.0B955.4M835.5M1.2B1.1B
Treasury Stock(498.1M)(517.0M)(523.6M)(531.5M)(478.4M)(454.4M)
Net Tangible Assets647.4M565.9M(26.9M)677.1M778.7M817.6M
Long Term Debt Total825.0M699.9M599.9M569.6M655.1M620.3M
Capital Surpluse489.3M501.5M516.6M529.8M609.3M470.4M

Barnes Investors Sentiment

The influence of Barnes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Barnes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Barnes' public news can be used to forecast risks associated with an investment in Barnes. The trend in average sentiment can be used to explain how an investor holding Barnes can time the market purely based on public headlines and social activities around Barnes Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Barnes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barnes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Barnes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Barnes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barnes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barnes' short interest history, or implied volatility extrapolated from Barnes options trading.

Pair Trading with Barnes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes Stock

  0.84CR Crane Company Symbol ChangePairCorr
  0.91GE General Electric Fiscal Quarter End 31st of March 2024 PairCorr
  0.68HI Hillenbrand Financial Report 13th of May 2024 PairCorr

Moving against Barnes Stock

  0.86NMHI Natures Miracle HoldingPairCorr
  0.84RR Richtech Robotics ClassPairCorr
  0.8ATS ATS CorporationPairCorr
The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out Barnes Valuation and Barnes Correlation analysis.
Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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Is Barnes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.53)
Dividend Share
0.64
Earnings Share
0.31
Revenue Per Share
28.419
Quarterly Revenue Growth
0.326
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.