Barnes Group (Barnes Group) Debt-to-Equity

: 0.96 (As of Dec. 2023)

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Barnes Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $22 Mil. Barnes Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,280 Mil. Barnes Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,362 Mil. Barnes Group's debt to equity for the quarter that ended in Dec. 2023 was 0.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Barnes Group's Debt-to-Equity or its related term are showing as below:

B' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.45 Max: 0.96
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Barnes Group was 0.96. The lowest was 0.42. And the median was 0.45.

B's Debt-to-Equity is ranked worse than
86.06% of 2619 companies
in the Industrial Products industry
Industry Median: 0.29 vs B: 0.96

Barnes Group Debt-to-Equity Historical Data

The historical data trend for Barnes Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Barnes Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.67

0.52

0.43

0.96

Barnes Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.43	0.41	0.42	0.98	0.96

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Barnes Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Barnes Group Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, Barnes Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Barnes Group's Debt-to-Equity falls into.

Barnes Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Barnes Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.778	+	1279.962)	/	1362.263
	=	0.96

Barnes Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.778	+	1279.962)	/	1362.263
	=	0.96

Barnes Group (NYSE:B) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Barnes Group Debt-to-Equity Related Terms

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Barnes Group (Barnes Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Barnes Group Inc (NYSE:B) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BG4:Germany

Address

123 Main Street, Bristol, CT, USA, 06010

Website

https://www.onebarnes.com

Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.

Executives

Mylle H Mangum	director	3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes	director	C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner	director	123 MAIN STREET, BRISTOL CT 06010
Marian Acker	officer: VP, Controller	123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll	officer: SVP, Gen. Counsel & Secretary	2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook	director	810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes	director	123 MAIN STREET, BRISTOL CT 06010
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich	officer: SVP, Finance and CFO	123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards	officer: SVP, Human Resources	123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple	director	10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason	officer: SVP, BGI; Pres., Barnes Aero	C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck	officer: SVP, BGI; Pres., Barnes Aero	123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka	officer: SVP, Corporate Development	123 MAIN STREET, BRISTOL CT 06010