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 $1.2B, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $3.0B and $1.8B respectively. Barnes Group's EBIT is $207.2M making its interest coverage ratio 2.3. It has cash and short-term investments of $65.9M.
Key information
90.6%
Debt to equity ratio
US$1.16b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$65.91m |
| Equity | US$1.28b |
| Total liabilities | US$1.76b |
| Total assets | US$3.04b |
Recent financial health updates
Is Barnes Group (NYSE:B) Using Too Much Debt?
Apr 05
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 29Recent updates
Barnes Group Inc. (NYSE:B) Shares Could Be 31% Below Their Intrinsic Value Estimate
Sep 04Barnes Group's (NYSE:B) Dividend Will Be $0.16
Aug 20Barnes Group Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Jul 31Barnes Group Roiled By Recent News, But Transformation Rolls On
Jul 29Barnes Group's (NYSE:B) Dividend Will Be $0.16
Jul 26Barnes Group's (NYSE:B) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jul 18Is It Too Late To Consider Buying Barnes Group Inc. (NYSE:B)?
Jun 14Barnes Group (NYSE:B) Is Paying Out A Dividend Of $0.16
May 09Barnes Group: A Promising Turnaround With An Aerospace Focus
May 07Is Barnes Group (NYSE:B) Using Too Much Debt?
Apr 05Barnes 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 19Financial Position Analysis
Short Term Liabilities: B's short term assets ($866.4M) exceed its short term liabilities ($387.1M).
Long Term Liabilities: B's short term assets ($866.4M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: B's net debt to equity ratio (85.4%) is considered high.
Reducing Debt: B's debt to equity ratio has increased from 75.4% to 90.6% over the past 5 years.
Debt Coverage: B's debt is not well covered by operating cash flow (6.3%).
Interest Coverage: B's interest payments on its debt are not well covered by EBIT (2.3x coverage).