Barnes Net Receivables vs Other Current Assets Analysis

B Stock  USD 46.83  0.09  0.19%   
Barnes financial indicator trend analysis is way more than just evaluating Barnes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barnes Group is a good investment. Please check the relationship between Barnes Net Receivables and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Net Receivables vs Other Current Assets

Net Receivables vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barnes Group Net Receivables account and Other Current Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between Barnes' Net Receivables and Other Current Assets is 0.32. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Barnes Group, assuming nothing else is changed. The correlation between historical values of Barnes' Net Receivables and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Barnes Group are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Receivables i.e., Barnes' Net Receivables and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Barnes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barnes Group current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Barnes' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Selling General Administrative is forecasted to decline to about 257.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit455.0M421.9M442.1M370.5M
Total Revenue1.3B1.3B1.5B1.0B

Barnes fundamental ratios Correlations

0.90.340.760.920.750.880.920.51.00.580.50.680.230.940.920.74-0.530.960.720.960.150.950.770.760.72
0.90.20.540.670.521.00.720.270.890.390.270.460.050.990.910.79-0.520.980.720.890.10.850.590.530.45
0.340.20.650.350.580.170.270.50.320.150.50.730.40.260.10.050.070.29-0.20.350.090.480.370.430.44
0.760.540.650.810.970.510.770.690.750.550.690.930.330.60.590.41-0.360.640.410.720.190.760.90.850.8
0.920.670.350.810.820.640.950.580.920.670.580.720.340.730.790.59-0.440.770.660.860.230.890.790.830.84
0.750.520.580.970.820.490.770.710.750.520.710.920.360.590.580.37-0.340.630.380.70.140.760.890.880.82
0.881.00.170.510.640.490.690.20.880.380.20.420.020.980.90.79-0.520.970.710.850.110.830.560.490.41
0.920.720.270.770.950.770.690.510.930.690.510.660.080.770.790.69-0.680.80.750.850.070.830.80.710.7
0.50.270.50.690.580.710.20.510.460.331.00.790.420.360.370.17-0.150.390.170.58-0.120.440.720.680.68
1.00.890.320.750.920.750.880.930.460.610.460.660.20.930.890.73-0.550.950.720.930.180.950.750.740.71
0.580.390.150.550.670.520.380.690.330.610.330.38-0.090.430.40.57-0.610.460.520.460.180.460.470.480.47
0.50.270.50.690.580.710.20.511.00.460.330.790.420.360.370.17-0.150.390.170.58-0.120.440.720.680.68
0.680.460.730.930.720.920.420.660.790.660.380.790.490.550.520.32-0.20.590.210.71-0.020.70.870.860.84
0.230.050.40.330.340.360.020.080.420.2-0.090.420.490.110.25-0.020.630.13-0.180.320.240.380.310.660.72
0.940.990.260.60.730.590.980.770.360.930.430.360.550.110.910.78-0.531.00.680.920.040.870.660.60.54
0.920.910.10.590.790.580.90.790.370.890.40.370.520.250.910.79-0.410.920.810.950.130.840.730.70.64
0.740.790.050.410.590.370.790.690.170.730.570.170.32-0.020.780.79-0.570.780.80.75-0.090.620.560.480.42
-0.53-0.520.07-0.36-0.44-0.34-0.52-0.68-0.15-0.55-0.61-0.15-0.20.63-0.53-0.41-0.57-0.54-0.64-0.430.24-0.32-0.43-0.11-0.06
0.960.980.290.640.770.630.970.80.390.950.460.390.590.131.00.920.78-0.540.70.940.080.90.680.630.57
0.720.72-0.20.410.660.380.710.750.170.720.520.170.21-0.180.680.810.8-0.640.70.70.090.570.590.40.33
0.960.890.350.720.860.70.850.850.580.930.460.580.710.320.920.950.75-0.430.940.70.050.90.810.770.74
0.150.10.090.190.230.140.110.07-0.120.180.18-0.12-0.020.240.040.13-0.090.240.080.090.050.28-0.060.170.16
0.950.850.480.760.890.760.830.830.440.950.460.440.70.380.870.840.62-0.320.90.570.90.280.680.760.74
0.770.590.370.90.790.890.560.80.720.750.470.720.870.310.660.730.56-0.430.680.590.81-0.060.680.870.81
0.760.530.430.850.830.880.490.710.680.740.480.680.860.660.60.70.48-0.110.630.40.770.170.760.870.98
0.720.450.440.80.840.820.410.70.680.710.470.680.840.720.540.640.42-0.060.570.330.740.160.740.810.98
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Barnes Account Relationship Matchups

Barnes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.7B2.7B2.6B2.4B3.3B3.5B
Short Long Term Debt Total834.8M704.3M603.7M571.1M1.3B1.4B
Other Current Liab159.5M95.1M101.2M91.3M119.0M91.4M
Total Current Liabilities342.9M295.4M310.4M305.1M396.6M215.3M
Total Stockholder Equity1.3B1.4B1.4B1.3B1.4B1.4B
Property Plant And Equipment Net356.6M370.9M341.5M320.1M449.5M226.4M
Net Debt741.0M625.1M500.8M494.2M1.2B1.3B
Retained Earnings1.5B1.5B1.6B1.6B1.6B1.6B
Cash93.8M79.1M102.9M76.9M89.8M50.5M
Non Current Assets Total2.0B2.0B1.9B1.7B2.4B2.5B
Non Currrent Assets Other82.0M65.1M73.0M63.2M51.4M42.3M
Cash And Short Term Investments93.8M79.1M102.9M76.9M89.8M50.5M
Net Receivables349.0M284.5M262.3M291.9M353.9M187.6M
Common Stock Shares Outstanding51.6M51.1M51.1M51.1M51.2M50.8M
Liabilities And Stockholders Equity2.7B2.7B2.6B2.4B3.3B3.5B
Non Current Liabilities Total1.1B998.2M837.7M762.3M1.5B1.6B
Inventory232.7M238.0M239.7M283.4M365.2M383.5M
Other Current Assets88.9M40.7M75.4M80.2M97.7M102.6M
Other Stockholder Equity(8.8M)(15.5M)(7.1M)(1.7M)5.5M5.3M
Total Liab1.5B1.3B1.1B1.1B1.9B2.0B
Property Plant And Equipment Gross356.6M370.9M904.9M907.0M1.0B1.1B
Total Current Assets764.4M642.3M680.2M732.3M906.7M952.1M
Accumulated Other Comprehensive Income(210.5M)(122.3M)(151.8M)(220.5M)(195.1M)(185.4M)
Short Term Debt9.8M16.1M14.9M11.7M21.8M23.2M
Intangible Assets581.1M564.1M500.2M442.5M706.5M741.8M
Accounts Payable118.5M112.4M131.1M145.1M164.3M95.1M
Common Stock Total Equity639K642K643K645K741.8K541.5K
Common Stock639K642K643K645K646K548.2K
Other Liab277.7M298.3M237.7M175.6M201.9M179.7M
Other Assets71.8M87.2M99.5M56.3M50.6M49.0M
Long Term Debt825.0M699.9M599.9M569.6M1.3B1.3B
Good Will933.0M1.0B955.4M835.5M1.2B1.1B
Treasury Stock(498.1M)(517.0M)(523.6M)(531.5M)(478.4M)(454.4M)
Property Plant Equipment356.6M370.9M341.5M320.1M368.2M281.2M
Current Deferred Revenue55.1M39.9M25.4M27.9M42.4M36.4M
Net Tangible Assets647.4M565.9M(26.9M)677.1M778.7M817.6M
Retained Earnings Total Equity1.5B1.5B1.6B1.6B1.8B1.2B
Long Term Debt Total825.0M699.9M599.9M569.6M655.1M620.3M
Capital Surpluse489.3M501.5M516.6M529.8M609.3M470.4M
Deferred Long Term Liab88.4M91.7M66.7M62.6M71.9M70.4M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
0.64
Earnings Share
(0.78)
Revenue Per Share
31.545
Quarterly Revenue Growth
0.074
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.