Non-Current Liabilities
Finance Lease Liabilities
Barnes Group Finance Lease Liabilities decreased by 9.0% to $11.21M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $12.24M to $11.21M. Over 3 years (FY 2020 to FY 2023), Finance Lease Liabilities shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2024Oct 29, 2024
How to read this metric
High levels indicate significant reliance on leased assets for operations, which serves as a form of off-balance-sheet-style financing.
Detailed definition
This represents the total long-term obligations under finance leases, excluding the current portion. It reflects the com...
Peer comparison
Used to compare capital intensity and financing strategies across peers.
Metric ID:
finance_lease_liabilitiesHistorical Data
14 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.94M | $7.15M | $6.51M | $5.94M | $5.12M | $4.40M | $4.40M | $4.14M | $3.77M | $12.24M | $12.00M | $13.44M | $12.32M | $11.21M |
| QoQ Change | — | +3.1% | -9.0% | -8.8% | -13.7% | -14.0% | +0.0% | -6.1% | -9.0% | +225.1% | -2.0% | +12.0% | -8.3% | -9.0% |
| YoY Change | — | — | — | — | -26.2% | -38.4% | -32.3% | -30.3% | -26.4% | +178.1% | +172.5% | +224.9% | +227.1% | -8.4% |
Range$3.77M – $13.44M
CAGR+15.9%
Avg YoY Growth+64.0%
Median YoY Growth-17.3%
Current Streak2 quarters decline
Finance Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Barnes Group's finance lease liabilities?
- Barnes Group (B) reported finance lease liabilities of $11.21M in Q3 2024.
- How has Barnes Group's finance lease liabilities changed year-over-year?
- Barnes Group's finance lease liabilities decreased by 8.4% year-over-year, from $12.24M to $11.21M.
- What is the long-term trend for Barnes Group's finance lease liabilities?
- Over 3 years (2020 to 2023), Barnes Group's finance lease liabilities has grown at a 13.2% compound annual growth rate (CAGR), from $8.27M to $12.00M.
- What does finance lease liabilities mean?
- Total long-term debt obligations related to finance leases.