What is Barnes Group's aerospace — goodwill impairment charge?

Barnes Group (B) reported aerospace — goodwill impairment charge of $0.00 in Q3 2024.

What does aerospace — goodwill impairment charge mean?

A write-down of the value of aerospace-related goodwill due to a decline in expected future performance.

Discontinued — last reported Q3 '24

This is a positive signal — lower values indicate better performance for this metric.

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ3 2022

Last reportedQ3 2024Oct 29, 2024

A negative signal indicating that previous acquisitions are underperforming or that market conditions for the segment have deteriorated.

A non-cash expense recognized when the carrying value of goodwill in the aerospace segment exceeds its implied fair valu...

Standard impairment testing required under accounting standards for all companies with goodwill.

Metric ID: b_segment_aerospace_a_goodwill_impairment_charge

3 periods

	Q3 '22	Q4 '22	Q3 '24
Value	$0.00	$0.00	$0.00

Range$0.00 – $0.00

What is Barnes Group's aerospace — goodwill impairment charge?: Barnes Group (B) reported aerospace — goodwill impairment charge of $0.00 in Q3 2024.
What does aerospace — goodwill impairment charge mean?: A write-down of the value of aerospace-related goodwill due to a decline in expected future performance.