Operating
Long-term tax liability
Barnes Group Long-term tax liability remained flat by 0.0% to -$3.26M in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 87.5%, from -$1.74M to -$3.26M. Over 2 years (FY 2021 to FY 2023), Long-term tax liability shows a downward trend with a 36.9% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ4 2023Feb 26, 2024
How to read this metric
A decrease indicates the settlement of long-term tax liabilities, while an increase suggests the accumulation of deferred tax obligations.
Detailed definition
Captures the net change in long-term tax liabilities that are not expected to be settled within the current operating cy...
Peer comparison
Common in multinational corporations; peers with complex tax structures often show similar long-term liability shifts.
Metric ID:
operating_increase_decrease_in_deferred_liabilitiesHistorical Data
3 years
| FY'21 | FY'22 | FY'23 | |
|---|---|---|---|
| Value | -$6.95M | -$6.95M | -$13.03M |
| YoY Change | — | +0.0% | -87.5% |
Range-$13.03M – -$6.95M
CAGR+36.9%
Avg YoY Growth-43.8%
Median YoY Growth-43.8%
Long-term tax liability at Other Companies
Frequently Asked Questions
- What is Barnes Group's long-term tax liability?
- Barnes Group (B) reported long-term tax liability of -$3.26M in Q4 2023.
- How has Barnes Group's long-term tax liability changed year-over-year?
- Barnes Group's long-term tax liability decreased by 87.5% year-over-year, from -$1.74M to -$3.26M.
- What is the long-term trend for Barnes Group's long-term tax liability?
- Over 2 years (2021 to 2023), Barnes Group's long-term tax liability has grown at a 36.9% compound annual growth rate (CAGR), from -$6.95M to -$13.03M.
- What does long-term tax liability mean?
- The net change in long-term tax obligations that do not require immediate cash settlement.