Barnes Group Long-Term Debt decreased by 1.2% to $1.14B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 13.2%, from $1.31B to $1.14B. Over 3 years (FY 2020 to FY 2023), Long-Term Debt shows an upward trend with a 22.3% CAGR.
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
long_term_debt| 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 | $654.48M | $628.69M | $599.93M | $594.98M | $582.54M | $556.35M | $569.64M | $563.94M | $564.93M | $1.31B | $1.28B | $1.29B | $1.15B | $1.14B |
| QoQ Change | — | -3.9% | -4.6% | -0.8% | -2.1% | -4.5% | +2.4% | -1.0% | +0.2% | +131.5% | -2.1% | +1.0% | -11.1% | -1.2% |
| YoY Change | — | — | — | — | -11.0% | -11.5% | -5.0% | -5.2% | -3.0% | +135.1% | +124.7% | +129.3% | +103.5% | -13.2% |