Barnes Operating Income vs Other Operating Expenses Analysis
B Stock | USD 47.18 0.04 0.08% |
Barnes financial indicator trend analysis is way more than just evaluating Barnes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barnes Group is a good investment. Please check the relationship between Barnes Operating Income and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Operating Income vs Other Operating Expenses
Operating Income vs Other Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barnes Group Operating Income account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Barnes' Operating Income and Other Operating Expenses is 0.62. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Barnes Group, assuming nothing else is changed. The correlation between historical values of Barnes' Operating Income and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Barnes Group are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Operating Income i.e., Barnes' Operating Income and Other Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Operating Income
Operating Income is the amount of profit realized from Barnes Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Barnes Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Barnes Group. It is also known as Barnes overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Barnes' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Selling General Administrative is forecasted to decline to about 257.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 455.0M | 421.9M | 442.1M | 370.5M | Total Revenue | 1.3B | 1.3B | 1.5B | 1.0B |
Barnes fundamental ratios Correlations
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Barnes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barnes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 2.6B | 2.4B | 3.3B | 3.5B | |
Short Long Term Debt Total | 834.8M | 704.3M | 603.7M | 571.1M | 1.3B | 1.4B | |
Other Current Liab | 159.5M | 95.1M | 101.2M | 91.3M | 119.0M | 91.4M | |
Total Current Liabilities | 342.9M | 295.4M | 310.4M | 305.1M | 396.6M | 215.3M | |
Total Stockholder Equity | 1.3B | 1.4B | 1.4B | 1.3B | 1.4B | 1.4B | |
Property Plant And Equipment Net | 356.6M | 370.9M | 341.5M | 320.1M | 449.5M | 226.4M | |
Net Debt | 741.0M | 625.1M | 500.8M | 494.2M | 1.2B | 1.3B | |
Retained Earnings | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B | 1.6B | |
Cash | 93.8M | 79.1M | 102.9M | 76.9M | 89.8M | 50.5M | |
Non Current Assets Total | 2.0B | 2.0B | 1.9B | 1.7B | 2.4B | 2.5B | |
Non Currrent Assets Other | 82.0M | 65.1M | 73.0M | 63.2M | 51.4M | 42.3M | |
Cash And Short Term Investments | 93.8M | 79.1M | 102.9M | 76.9M | 89.8M | 50.5M | |
Net Receivables | 349.0M | 284.5M | 262.3M | 291.9M | 353.9M | 187.6M | |
Common Stock Shares Outstanding | 51.6M | 51.1M | 51.1M | 51.1M | 51.2M | 50.8M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 2.6B | 2.4B | 3.3B | 3.5B | |
Non Current Liabilities Total | 1.1B | 998.2M | 837.7M | 762.3M | 1.5B | 1.6B | |
Inventory | 232.7M | 238.0M | 239.7M | 283.4M | 365.2M | 383.5M | |
Other Current Assets | 88.9M | 40.7M | 75.4M | 80.2M | 97.7M | 102.6M | |
Other Stockholder Equity | (8.8M) | (15.5M) | (7.1M) | (1.7M) | 5.5M | 5.3M | |
Total Liab | 1.5B | 1.3B | 1.1B | 1.1B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 356.6M | 370.9M | 904.9M | 907.0M | 1.0B | 1.1B | |
Total Current Assets | 764.4M | 642.3M | 680.2M | 732.3M | 906.7M | 952.1M | |
Accumulated Other Comprehensive Income | (210.5M) | (122.3M) | (151.8M) | (220.5M) | (195.1M) | (185.4M) | |
Short Term Debt | 9.8M | 16.1M | 14.9M | 11.7M | 21.8M | 23.2M | |
Intangible Assets | 581.1M | 564.1M | 500.2M | 442.5M | 706.5M | 741.8M | |
Accounts Payable | 118.5M | 112.4M | 131.1M | 145.1M | 164.3M | 95.1M | |
Common Stock Total Equity | 639K | 642K | 643K | 645K | 741.8K | 541.5K | |
Common Stock | 639K | 642K | 643K | 645K | 646K | 548.2K | |
Other Liab | 277.7M | 298.3M | 237.7M | 175.6M | 201.9M | 179.7M | |
Other Assets | 71.8M | 87.2M | 99.5M | 56.3M | 50.6M | 49.0M | |
Long Term Debt | 825.0M | 699.9M | 599.9M | 569.6M | 1.3B | 1.3B | |
Good Will | 933.0M | 1.0B | 955.4M | 835.5M | 1.2B | 1.1B | |
Treasury Stock | (498.1M) | (517.0M) | (523.6M) | (531.5M) | (478.4M) | (454.4M) | |
Property Plant Equipment | 356.6M | 370.9M | 341.5M | 320.1M | 368.2M | 281.2M | |
Current Deferred Revenue | 55.1M | 39.9M | 25.4M | 27.9M | 42.4M | 36.4M | |
Net Tangible Assets | 647.4M | 565.9M | (26.9M) | 677.1M | 778.7M | 817.6M | |
Retained Earnings Total Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.2B | |
Long Term Debt Total | 825.0M | 699.9M | 599.9M | 569.6M | 655.1M | 620.3M | |
Capital Surpluse | 489.3M | 501.5M | 516.6M | 529.8M | 609.3M | 470.4M | |
Deferred Long Term Liab | 88.4M | 91.7M | 66.7M | 62.6M | 71.9M | 70.4M |
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Is Industrial Machinery & Supplies & Components space 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 (0.85) | Dividend Share 0.64 | Earnings Share (0.78) | Revenue Per Share 31.545 | Quarterly Revenue Growth 0.074 |
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.