Barnes Group Balance Sheet Health
Financial Health criteria checks 1/6
Barnes Group has a total shareholder equity of $1.3B and total debt of $1.3B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are $3.3B and $1.9B respectively. Barnes Group's EBIT is $186.2M making its interest coverage ratio 2.4. It has cash and short-term investments of $81.6M.
Key information
98.7%
Debt to equity ratio
US$1.31b
Debt
Interest coverage ratio | 2.4x |
Cash | US$81.64m |
Equity | US$1.33b |
Total liabilities | US$1.94b |
Total assets | US$3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BG4's short term assets ($915.0M) exceed its short term liabilities ($379.2M).
Long Term Liabilities: BG4's short term assets ($915.0M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: BG4's net debt to equity ratio (92.6%) is considered high.
Reducing Debt: BG4's debt to equity ratio has increased from 73.2% to 98.7% over the past 5 years.
Debt Coverage: BG4's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: BG4's interest payments on its debt are not well covered by EBIT (2.4x coverage).