Barnes Group Balance Sheet Health
Financial Health criteria checks 1/6
Barnes Group has a total shareholder equity of $1.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 94.3%. Its total assets and total liabilities are $3.3B and $1.9B respectively. Barnes Group's EBIT is $169.8M making its interest coverage ratio 2.9. It has cash and short-term investments of $89.8M.
Key information
94.3%
Debt to equity ratio
US$1.28b
Debt
Interest coverage ratio | 2.9x |
Cash | US$89.83m |
Equity | US$1.36b |
Total liabilities | US$1.95b |
Total assets | US$3.31b |
Recent financial health updates
Barnes Group (NYSE:B) Takes On Some Risk With Its Use Of Debt
Sep 24These 4 Measures Indicate That Barnes Group (NYSE:B) Is Using Debt Reasonably Well
Mar 29Is Barnes Group (NYSE:B) Using Too Much Debt?
Dec 02Recent updates
Barnes Group (NYSE:B) Will Pay A Dividend Of $0.16
Feb 19Barnes Group Inc. (NYSE:B) Shares Could Be 26% Below Their Intrinsic Value Estimate
Feb 12Barnes: A Partial Recovery
Jan 13Is There Now An Opportunity In Barnes Group Inc. (NYSE:B)?
Jan 12Market Participants Recognise Barnes Group Inc.'s (NYSE:B) Earnings Pushing Shares 27% Higher
Dec 28Barnes Group (NYSE:B) Will Be Hoping To Turn Its Returns On Capital Around
Dec 04Barnes Group's (NYSE:B) Dividend Will Be $0.16
Oct 31Barnes Group Q3 Earnings: Heavy Turbulence
Oct 27Barnes Group (NYSE:B) Takes On Some Risk With Its Use Of Debt
Sep 24Is Barnes Group Inc. (NYSE:B) Trading At A 46% Discount?
Sep 06Barnes Group: Valuation And M&A Concerns After Recent Earnings
Aug 22Here's What's Concerning About Barnes Group's (NYSE:B) Returns On Capital
Aug 15Barnes Group's (NYSE:B) Dividend Will Be $0.16
Jul 31Barnes Group (NYSE:B) Will Pay A Dividend Of $0.16
Jul 17Is Now The Time To Look At Buying Barnes Group Inc. (NYSE:B)?
Jun 08Barnes Group: Something To Prove After Greater Focus On Aerospace
Jun 06Barnes Group's (NYSE:B) Dividend Will Be $0.16
May 22Barnes Group (NYSE:B) Is Paying Out A Dividend Of $0.16
May 08Investors Could Be Concerned With Barnes Group's (NYSE:B) Returns On Capital
May 01Is There An Opportunity With Barnes Group Inc.'s (NYSE:B) 35% Undervaluation?
Apr 13These 4 Measures Indicate That Barnes Group (NYSE:B) Is Using Debt Reasonably Well
Mar 29Is Barnes Group Inc. (NYSE:B) Potentially Undervalued?
Mar 07Barnes Group Q4 2022 Earnings Preview
Feb 16Barnes Group (NYSE:B) Will Pay A Dividend Of $0.16
Feb 16Barnes Group declares $0.16 dividend
Feb 10Barnes Group (NYSE:B) Has Some Difficulty Using Its Capital Effectively
Jan 04Barnes Group Can Only Soar So High
Jan 01Is There An Opportunity With Barnes Group Inc.'s (NYSE:B) 32% Undervaluation?
Dec 19Is Barnes Group (NYSE:B) Using Too Much Debt?
Dec 02Barnes Group (NYSE:B) Is Paying Out A Dividend Of $0.16
Nov 17Is Barnes Group Inc. (NYSE:B) Potentially Undervalued?
Nov 11Barnes Group Q3 2022 Earnings Preview
Oct 27Barnes Group declares $0.16 dividend
Oct 14Barnes Group gains after report of activist stake, push for potential sale
Sep 30Barnes Group: Attractive Upside Despite Some Bumps On The Road
Aug 04Barnes Group to shutter engineered components facility in Connecticut
Jul 28Barnes Group Inc. (NYSE:B) Shares Could Be 40% Below Their Intrinsic Value Estimate
Jul 25Barnes Group declares $0.16 dividend
Jul 15These Return Metrics Don't Make Barnes Group (NYSE:B) Look Too Strong
Jun 20Financial Position Analysis
Short Term Liabilities: B's short term assets ($906.7M) exceed its short term liabilities ($396.6M).
Long Term Liabilities: B's short term assets ($906.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: B's net debt to equity ratio (87.7%) is considered high.
Reducing Debt: B's debt to equity ratio has increased from 77.6% to 94.3% over the past 5 years.
Debt Coverage: B's debt is not well covered by operating cash flow (8.8%).
Interest Coverage: B's interest payments on its debt are not well covered by EBIT (2.9x coverage).