Non-Current Liabilities

Long-Term Debt

Barnes Group Long-Term Debt decreased by 1.2% to $1.14B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 13.2%, from $1.31B to $1.14B. Over 3 years (FY 2020 to FY 2023), Long-Term Debt shows an upward trend with a 22.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2024Oct 29, 2024

How to read this metric

An increase indicates higher leverage and interest expense, while a decrease suggests debt repayment or deleveraging.

Detailed definition

This represents the total value of debt obligations, such as bonds or loans, that are due for repayment beyond the curre...

Peer comparison

Varies significantly by industry; capital-intensive sectors like healthcare often carry higher long-term debt.

Metric ID: long_term_debt

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$654.48M$628.69M$599.93M$594.98M$582.54M$556.35M$569.64M$563.94M$564.93M$1.31B$1.28B$1.29B$1.15B$1.14B
QoQ Change-3.9%-4.6%-0.8%-2.1%-4.5%+2.4%-1.0%+0.2%+131.5%-2.1%+1.0%-11.1%-1.2%
YoY Change-11.0%-11.5%-5.0%-5.2%-3.0%+135.1%+124.7%+129.3%+103.5%-13.2%
Range$556.35M$1.31B
CAGR+18.5%
Avg YoY Growth+44.4%
Median YoY Growth-4.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Barnes Group's long-term debt?
Barnes Group (B) reported long-term debt of $1.14B in Q3 2024.
How has Barnes Group's long-term debt changed year-over-year?
Barnes Group's long-term debt decreased by 13.2% year-over-year, from $1.31B to $1.14B.
What is the long-term trend for Barnes Group's long-term debt?
Over 3 years (2020 to 2023), Barnes Group's long-term debt has grown at a 22.3% compound annual growth rate (CAGR), from $699.87M to $1.28B.
What does long-term debt mean?
The total amount of debt that is not due for repayment within the next year.