Barnes Good Will vs Net Debt Analysis
B Stock | USD 38.54 0.18 0.47% |
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 Good Will and its Net Debt 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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Good Will vs Net Debt
Good Will vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barnes Group Good Will account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Barnes' Good Will and Net Debt is 0.87. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Debt in the same time period over historical financial statements of Barnes Group, assuming nothing else is changed. The correlation between historical values of Barnes' Good Will and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Barnes Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Good Will i.e., Barnes' Good Will and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.87 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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 tightly coupled 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 Profit | 455.0M | 421.9M | 442.9M | 370.6M | Total Revenue | 1.3B | 1.3B | 1.5B | 1.0B |
Barnes fundamental ratios Correlations
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Barnes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Barnes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.7B | 2.7B | 2.6B | 2.4B | 3.3B | 3.5B | |
Short Long Term Debt Total | 834.8M | 704.3M | 603.7M | 571.1M | 1.3B | 1.4B | |
Other Current Liab | 159.5M | 138.7M | 150.2M | 130.7M | 168.1M | 96.5M | |
Total Current Liabilities | 342.9M | 295.4M | 310.4M | 305.1M | 396.6M | 215.3M | |
Total Stockholder Equity | 1.3B | 1.4B | 1.4B | 1.3B | 1.4B | 1.4B | |
Property Plant And Equipment Net | 356.6M | 370.9M | 341.5M | 320.1M | 449.5M | 226.4M | |
Net Debt | 741.0M | 625.1M | 500.8M | 494.2M | 1.2B | 1.3B | |
Retained Earnings | 1.5B | 1.5B | 1.6B | 1.6B | 1.6B | 1.6B | |
Cash | 93.8M | 79.1M | 102.9M | 76.9M | 89.8M | 50.5M | |
Non Current Assets Total | 2.0B | 2.0B | 1.9B | 1.7B | 2.4B | 2.5B | |
Non Currrent Assets Other | 82.0M | 65.1M | 73.0M | 63.2M | (655.0M) | (622.3M) | |
Cash And Short Term Investments | 93.8M | 79.1M | 102.9M | 76.9M | 89.8M | 50.5M | |
Net Receivables | 349.0M | 251.5M | 262.3M | 291.9M | 425.7M | 447.0M | |
Common Stock Shares Outstanding | 51.6M | 51.1M | 51.1M | 51.1M | 51.2M | 50.8M | |
Liabilities And Stockholders Equity | 2.7B | 2.7B | 2.6B | 2.4B | 3.3B | 3.5B | |
Non Current Liabilities Total | 1.1B | 998.2M | 837.7M | 762.3M | 1.5B | 1.6B | |
Inventory | 232.7M | 238.0M | 239.7M | 283.4M | 365.2M | 383.5M | |
Other Current Assets | 88.9M | 73.7M | 75.4M | 80.2M | 25.9M | 37.3M | |
Other Stockholder Equity | (8.8M) | (15.5M) | (7.1M) | (1.7M) | 5.5M | 5.3M | |
Total Liab | 1.5B | 1.3B | 1.1B | 1.1B | 1.9B | 2.0B | |
Property Plant And Equipment Gross | 356.6M | 370.9M | 904.9M | 907.0M | 1.0B | 1.1B | |
Total Current Assets | 764.4M | 642.3M | 680.2M | 732.3M | 906.7M | 952.1M | |
Accumulated Other Comprehensive Income | (210.5M) | (122.3M) | (151.8M) | (220.5M) | (195.1M) | (185.4M) | |
Short Term Debt | 9.8M | 4.4M | 3.7M | 1.4M | 21.8M | 22.2M | |
Intangible Assets | 581.1M | 564.1M | 500.2M | 442.5M | 706.5M | 741.8M | |
Accounts Payable | 118.5M | 112.4M | 131.1M | 145.1M | 164.3M | 95.1M | |
Common Stock Total Equity | 639K | 642K | 643K | 645K | 741.8K | 541.5K | |
Common Stock | 639K | 642K | 643K | 645K | 646K | 548.2K | |
Other Liab | 277.7M | 298.3M | 237.7M | 175.6M | 201.9M | 179.7M | |
Other Assets | 71.8M | 87.2M | 99.5M | 56.3M | 50.6M | 49.0M | |
Long Term Debt | 825.0M | 699.9M | 599.9M | 569.6M | 1.3B | 1.3B | |
Good Will | 933.0M | 1.0B | 955.4M | 835.5M | 1.2B | 1.1B | |
Treasury Stock | (498.1M) | (517.0M) | (523.6M) | (531.5M) | (478.4M) | (454.4M) | |
Property Plant Equipment | 356.6M | 370.9M | 341.5M | 320.1M | 368.2M | 281.2M | |
Current Deferred Revenue | 55.1M | 39.9M | 25.4M | 27.9M | 42.4M | 36.4M | |
Net Tangible Assets | 647.4M | 565.9M | (26.9M) | 677.1M | 778.7M | 817.6M | |
Retained Earnings Total Equity | 1.5B | 1.5B | 1.6B | 1.6B | 1.8B | 1.2B | |
Long Term Debt Total | 825.0M | 699.9M | 599.9M | 569.6M | 655.1M | 620.3M | |
Capital Surpluse | 489.3M | 501.5M | 516.6M | 529.8M | 609.3M | 470.4M | |
Deferred Long Term Liab | 88.4M | 91.7M | 66.7M | 62.6M | 71.9M | 70.4M |
Pair Trading with Barnes
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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Is Barnes' industry 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 0.09 | Revenue Per Share 30.25 | Quarterly Revenue Growth 0.284 |
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.