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Barnes Group B Current ratio

Current ratio at other companies

Howmet Aerospace logo
Howmet AerospaceHWM
2.4×+0.1×
Parker-Hannifin logo
Parker-HannifinPH
1.1×-0.1×
Woodward logo
WoodwardWWD
1.7×-0.2×
RBC Bearings logo
RBC BearingsRBC
2.2×-1.1×
Honeywell International logo
Honeywell InternationalHON
1.4×+0.1×
Dover logo
DoverDOV
1.9×-0.3×

Other financials

Income statement

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Revenue$387.8M+7.4%
Gross profit$128.4M+19.4%
Operating income$41.8M+319%
Net income-$2.1M+90.1%
EPS (diluted)-$0.04+90.7%

Balance sheet

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Cash & equivalents$80.7M-10.4%
Total debt$1.1B-13.1%
Total equity$1.3B-2.4%
Total assets$3.1B-6.2%

Cash flow

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Operating cash flow$46.7M+63.8%
CapEx$12.0M-24.2%
Free cash flow$34.7M+173%

Valuation

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Market cap$69.18B+19.3%
Enterprise value$70.25B+5.7%
P/S42.8×-0.2×

Profitability

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Gross margin30.6%-1.5pp
Operating margin6.8%+0.6pp
Net margin-2.5%-4.3pp

Returns & leverage

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Return on equity-3%-4.9pp
Debt / equity0.9×-0.1×

Where this comes from

Calculated from Barnes Group’s reported figures.

Based on the most recent quarter.

The official record: Barnes Group’s 10-Q, filed October 29, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Barnes Group's current ratio?
Barnes Group (B) reported current ratio of 2.3× in Q3 2024.
How has Barnes Group's current ratio changed year-over-year?
Barnes Group's current ratio decreased by 3.8% year-over-year, from 2.4× to 2.3×.
What is the long-term trend for Barnes Group's current ratio?
Over 2 years (2021 to 2023), Barnes Group's current ratio has grown at a 3.6% compound annual growth rate (CAGR), from 8.7× to 9.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.