Discontinued — last reported Q2 '24
Finance Lease Liabilities
Barnes Group Finance Lease Liabilities decreased by 9.0% to $11.21M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $12.24M to $11.21M. Over 3 years (FY 2020 to FY 2023), Finance Lease Liabilities shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher levels increase the company's long-term leverage and fixed-cost base, while lower levels indicate a more equity-funded or asset-light approach.
Detailed definition
The long-term portion of obligations for leases that are classified as financing arrangements, typically involving the e...
Peer comparison
Analyzed alongside long-term debt to determine the total contractual leverage and solvency risk of the business.
finance_lease_liabilitiesHistorical 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 | $6.94M | $7.15M | $6.51M | $5.94M | $5.12M | $4.40M | $4.40M | $4.14M | $3.77M | $12.24M | $12.00M | $13.44M | $12.32M | $11.21M |
| QoQ Change | — | +3.1% | -9.0% | -8.8% | -13.7% | -14.0% | +0.0% | -6.1% | -9.0% | +225.1% | -2.0% | +12.0% | -8.3% | -9.0% |
| YoY Change | — | — | — | — | -26.2% | -38.4% | -32.3% | -30.3% | -26.4% | +178.1% | +172.5% | +224.9% | +227.1% | -8.4% |
Finance Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Barnes Group's finance lease liabilities?
- Barnes Group (B) reported finance lease liabilities of $11.21M in Q3 2024.
- How has Barnes Group's finance lease liabilities changed year-over-year?
- Barnes Group's finance lease liabilities decreased by 8.4% year-over-year, from $12.24M to $11.21M.
- What is the long-term trend for Barnes Group's finance lease liabilities?
- Over 3 years (2020 to 2023), Barnes Group's finance lease liabilities has grown at a 13.2% compound annual growth rate (CAGR), from $8.27M to $12.00M.
- What does finance lease liabilities mean?
- Long-term debt owed for assets the company is buying through a lease-to-own arrangement.