Short-Term Borrowings
Barnes Group Short-Term Borrowings decreased by 92.3% to $506.00K in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1644.8%, from $29.00K to $506.00K. Over 3 years (FY 2020 to FY 2023), Short-Term Borrowings shows a downward trend with a -80.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may signal a need for working capital or tight cash flow, while a decrease suggests improved liquidity or a shift toward long-term financing.
Detailed definition
This represents the principal amount of debt obligations that are due for repayment within one fiscal year, excluding th...
Peer comparison
Varies significantly by industry; capital-intensive firms often carry higher short-term debt to manage seasonal working capital cycles.
short_term_borrowingsHistorical Data
| 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 | $14.00K | $1.80M | $1.90M | $978.00K | $4.00K | $0.00 | $8.00K | $29.00K | $8.01M | $29.00K | $16.00K | $10.03M | $6.55M | $506.00K |
| QoQ Change | — | >999% | +5.6% | -48.5% | -99.6% | -100.0% | — | +262.5% | >999% | -99.6% | -44.8% | >999% | -34.7% | -92.3% |
| YoY Change | — | — | — | — | -71.4% | -100.0% | -99.6% | -97.0% | >999% | — | +100.0% | >999% | -18.3% | >999% |
Short-Term Borrowings at Other Companies
Frequently Asked Questions
- What is Barnes Group's short-term borrowings?
- Barnes Group (B) reported short-term borrowings of $506.00K in Q3 2024.
- How has Barnes Group's short-term borrowings changed year-over-year?
- Barnes Group's short-term borrowings increased by 1644.8% year-over-year, from $29.00K to $506.00K.
- What is the long-term trend for Barnes Group's short-term borrowings?
- Over 3 years (2020 to 2023), Barnes Group's short-term borrowings has grown at a -80.4% compound annual growth rate (CAGR), from $2.12M to $16.00K.
- What does short-term borrowings mean?
- Debt obligations that the company must pay back within one year.