What is Barnes Group's asset write-downs?

Barnes Group (B) reported asset write-downs of $0.00 in Q4 2023.

How has Barnes Group's asset write-downs changed year-over-year?

Barnes Group's asset write-downs decreased by 100.0% year-over-year, from $17.05M to $0.00.

What does asset write-downs mean?

A write-down in the value of assets that are no longer worth as much as previously recorded.

Asset write-downs

Year-over-year, this metric declined by 100.0%, from $17.05M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement

SectionOperating

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ1 2017

Last reportedQ4 2023Feb 26, 2024

How to read this metric

High impairment charges suggest poor past investment decisions or deteriorating market conditions for specific business units.

Detailed definition

These are non-cash charges recognized when the carrying value of an asset exceeds its fair market value. They indicate t...

Peer comparison

Common in insurance and financial services during economic downturns; peers will report these when asset valuations decline.

Metric ID: operating_asset_impairment_charges

Historical Data

3 years

	FY'21	FY'22	FY'23
Value	$0.00	$68.19M	$0.00
YoY Change	—	—	-100.0%

Range$0.00 – $68.19M

Avg YoY Growth-100.0%

Median YoY Growth-100.0%

Asset write-downs at Other Companies

BoeingBA View metric

Frequently Asked Questions

What is Barnes Group's asset write-downs?: Barnes Group (B) reported asset write-downs of $0.00 in Q4 2023.
How has Barnes Group's asset write-downs changed year-over-year?: Barnes Group's asset write-downs decreased by 100.0% year-over-year, from $17.05M to $0.00.
What does asset write-downs mean?: A write-down in the value of assets that are no longer worth as much as previously recorded.