Barnes Current Ratio from 2010 to 2024

B Stock  USD 46.86  0.01  0.02%   
Barnes' Current Ratio is decreasing over the years with stable fluctuation. Current Ratio is expected to dwindle to 1.63. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
2.28617534
Current Value
1.63
Quarterly Volatility
0.3731355
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Barnes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barnes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 121.6 M or Interest Expense of 55.3 M, as well as many indicators such as Price To Sales Ratio of 0.78 or Dividend Yield of 0.0295. Barnes financial statements analysis is a perfect complement when working with Barnes Valuation or Volatility modules.
  
Check out the analysis of Barnes Correlation against competitors.

Latest Barnes' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Barnes Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Barnes' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barnes' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.42 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Barnes Current Ratio Regression Statistics

Arithmetic Mean2.24
Geometric Mean2.21
Coefficient Of Variation16.68
Mean Deviation0.25
Median2.23
Standard Deviation0.37
Sample Variance0.14
Range1.483
R-Value(0.21)
Mean Square Error0.14
R-Squared0.04
Significance0.45
Slope(0.02)
Total Sum of Squares1.95

Barnes Current Ratio History

2024 1.63
2023 2.29
2022 2.4
2021 2.19
2020 2.17
2019 2.23
2018 2.25

About Barnes Financial Statements

Barnes stakeholders use historical fundamental indicators, such as Barnes' Current Ratio, to determine how well the company is positioned to perform in the future. Although Barnes investors may analyze each financial statement separately, they are all interrelated. For example, changes in Barnes' assets and liabilities are reflected in the revenues and expenses on Barnes' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Barnes Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 2.29  1.63 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Barnes Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.