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Barnes Group B Proceeds from disposals of property, plant and equipment

Proceeds from disposals of property, plant and equipment at other companies

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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$61.54B+75.6%
Enterprise value$62.61B+73.5%
P/S38.1×+16.4×

Profitability

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Gross margin30.6%-1.5pp
Operating margin6.8%+0.6pp
Net margin-2.5%-4.3pp
FCF margin1.9%-2.0pp

Returns & leverage

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Return on equity-3%-4.9pp
Debt / equity0.9×-0.1×
Current ratio2.3×-0.1×

Where this comes from

Reported directly by Barnes Group in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment.

The official record: Barnes Group’s 10-Q, filed July 31, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Barnes Group's proceeds from disposals of property, plant and equipment?
Barnes Group (B) reported proceeds from disposals of property, plant and equipment of $324K in Q2 2024.
What is the long-term trend for Barnes Group's proceeds from disposals of property, plant and equipment?
Over 2 years (2021 to 2023), Barnes Group's proceeds from disposals of property, plant and equipment has grown at a 62.7% compound annual growth rate (CAGR), from $3.01M to $7.96M.
What does proceeds from disposals of property, plant and equipment mean?
Represents the cash inflows received from the disposal of fixed assets such as machinery, buildings, or land. This metric reflects the company's strategy for asset optimization and the liquidation of non-core or obsolete equipment. It is a secondary source of cash that can supplement operational cash flow.