Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Barnes Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,362 Mil. Barnes Group's Total Assets for the quarter that ended in Dec. 2023 was $3,308 Mil.
Therefore, Barnes Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.
The historical rank and industry rank for Barnes Group's Equity-to-Asset or its related term are showing as below:
B'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.53 Max: 0.56
Current: 0.41
During the past 13 years, the highest Equity to Asset Ratio of Barnes Group was 0.56. The lowest was 0.41. And the median was 0.53.
B's Equity-to-Asset is ranked worse than 73.91% of 3024
companies
in the Industrial Products industry
Industry Median: 0.56
vs B: 0.41
Barnes Group Equity-to-Asset Historical Data
The historical data trend for Barnes Group's Equity-to-Asset 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.
For the Specialty Industrial Machinery subindustry, Barnes Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution
For the Industrial Products industry and Industrials sector, Barnes Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Barnes Group's Equity-to-Asset falls into.
Barnes Group Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Barnes Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Barnes Group (NYSE:B) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Barnes Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Barnes Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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