Current Assets

Total Current Assets

Barnes Group Total Current Assets increased by 0.0% to $866.73M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $903.41M to $866.73M. Over 3 years (FY 2020 to FY 2023), Total Current Assets shows an upward trend with a 12.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2014
Last reportedQ3 2024Oct 29, 2024

How to read this metric

Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.

Detailed definition

The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...

Peer comparison

Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.

Metric ID: total_current_assets

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$664.67M$672.06M$680.21M$686.51M$690.42M$682.07M$732.30M$754.15M$766.92M$903.41M$906.72M$915.00M$866.37M$866.73M
QoQ Change+1.1%+1.2%+0.9%+0.6%-1.2%+7.4%+3.0%+1.7%+17.8%+0.4%+0.9%-5.3%+0.0%
YoY Change+3.9%+1.5%+7.7%+9.9%+11.1%+32.5%+23.8%+21.3%+13.0%-4.1%
Range$664.67M$915.00M
CAGR+8.5%
Avg YoY Growth+12.0%
Median YoY Growth+10.5%

Frequently Asked Questions

What is Barnes Group's total current assets?
Barnes Group (B) reported total current assets of $866.73M in Q3 2024.
How has Barnes Group's total current assets changed year-over-year?
Barnes Group's total current assets decreased by 4.1% year-over-year, from $903.41M to $866.73M.
What is the long-term trend for Barnes Group's total current assets?
Over 3 years (2020 to 2023), Barnes Group's total current assets has grown at a 12.2% compound annual growth rate (CAGR), from $642.35M to $906.72M.
What does total current assets mean?
The total value of all assets that can be turned into cash within one year.