Non-Current Assets
Deferred Tax Assets
Year-over-year, this metric declined by 38.8%, from $13.55M to $8.29M. Over 3 years (FY 2020 to FY 2023), Deferred Tax Assets shows a downward trend with a -22.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ3 2024Oct 29, 2024
How to read this metric
An increase may indicate past operating losses or tax credits that provide a future buffer, while a decrease suggests the utilization of these benefits to offset tax liabilities.
Detailed definition
This represents the future tax benefits that the company expects to realize due to temporary differences between the fin...
Peer comparison
Standard across all industries; levels depend heavily on the company's historical profitability and tax jurisdiction profile.
Metric ID:
non_current_assets_deferred_income_tax_assets_netHistorical 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 | $21.90M | $21.15M | $21.98M | $17.88M | $18.68M | $21.73M | $18.03M | $13.17M | $12.14M | $13.55M | $10.30M | $0.00 | $0.00 | $8.29M |
| QoQ Change | — | -3.4% | +3.9% | -18.6% | +4.5% | +16.3% | -17.0% | -27.0% | -7.8% | +11.6% | -24.0% | -100.0% | — | — |
| YoY Change | — | — | — | — | -14.7% | +2.7% | -18.0% | -26.4% | -35.0% | -37.7% | -42.9% | -100.0% | -100.0% | -38.8% |
Range$0.00 – $21.98M
CAGR-25.8%
Avg YoY Growth-41.1%
Median YoY Growth-36.3%
Current Streak4 quarters decline
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Barnes Group's deferred tax assets?
- Barnes Group (B) reported deferred tax assets of $8.29M in Q3 2024.
- How has Barnes Group's deferred tax assets changed year-over-year?
- Barnes Group's deferred tax assets decreased by 38.8% year-over-year, from $13.55M to $8.29M.
- What is the long-term trend for Barnes Group's deferred tax assets?
- Over 3 years (2020 to 2023), Barnes Group's deferred tax assets has grown at a -22.5% compound annual growth rate (CAGR), from $22.09M to $10.30M.
- What does deferred tax assets mean?
- Future tax savings the company expects to realize based on past financial activities.