Non-Current Liabilities

Long-Term Debt

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.

Detailed definition

Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...

Peer comparison

Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.

Metric ID: long_term_debt

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '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%
Range$556.35M$1.31B
CAGR+18.5%
Avg YoY Growth+44.4%
Median YoY Growth-4.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is Barnes Group's long-term debt?
Barnes Group (B) reported long-term debt of $1.14B in Q3 2024.
How has Barnes Group's long-term debt changed year-over-year?
Barnes Group's long-term debt decreased by 13.2% year-over-year, from $1.31B to $1.14B.
What is the long-term trend for Barnes Group's long-term debt?
Over 3 years (2020 to 2023), Barnes Group's long-term debt has grown at a 22.3% compound annual growth rate (CAGR), from $699.87M to $1.28B.
What does long-term debt mean?
Money the company has borrowed that doesn't need to be paid back for at least a year.