Other
Gain on sale of business and assets
Barnes Group Gain on sale of business and assets decreased by 116.2% to -$1.65M in Q3 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityVolatile
First reportedQ2 2023
Last reportedQ3 2024Oct 29, 2024
How to read this metric
A gain indicates successful portfolio optimization or asset liquidation, while a loss may reflect a distressed sale or poor asset performance.
Detailed definition
The net financial impact resulting from the divestiture of business units, subsidiaries, or significant assets. This rep...
Peer comparison
Non-recurring item; should be normalized when comparing core operating performance across peers.
Metric ID:
other_gain_loss_on_sale_of_businessHistorical Data
4 periods
| Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|
| Value | $0.00 | $0.00 | $10.20M | -$1.65M |
| QoQ Change | — | — | — | -116.2% |
Range-$1.65M – $10.20M
Business Segments
| Segment | Q2 '24 |
|---|---|
| Industrial | -$10.20M |
| Total | $10.20M |
Gain on sale of business and assets at Other Companies
Frequently Asked Questions
- What is Barnes Group's gain on sale of business and assets?
- Barnes Group (B) reported gain on sale of business and assets of -$1.65M in Q3 2024.
- What does gain on sale of business and assets mean?
- Profit or loss realized from selling off parts of the business or assets.