Other
Goodwill impairment losses
Barnes Group Goodwill impairment losses decreased by 100.0% to $0.00 in Q3 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2024Oct 29, 2024
How to read this metric
An increase signals that past acquisitions are underperforming or that market conditions have deteriorated for those business units. It is generally viewed as a negative indicator of past capital allocation decisions.
Detailed definition
Goodwill impairment loss represents a non-cash charge recorded when the carrying value of goodwill on the balance sheet...
Peer comparison
Commonly monitored in M&A-heavy industries to assess the success of inorganic growth strategies compared to peers.
Metric ID:
other_goodwill_impairment_lossHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q2 '22 | Q3 '22 | Q2 '23 | Q3 '23 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $68.19M | $0.00 | $0.00 | $0.00 | $53.69M | $0.00 |
| QoQ Change | — | — | — | -100.0% | — | — | — | -100.0% |
| YoY Change | — | — | — | — | -100.0% | — | — | — |
Range$0.00 – $68.19M
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
Business Segments
| Segment | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Industrial | $68.19M | $68.19M | $17.05M | $17.05M | $17.05M | $17.05M | $53.69M | $53.69M |
| Total | $68.19M | $0.00 | — | $0.00 | $0.00 | — | $53.69M | $0.00 |
Goodwill impairment losses at Other Companies
Frequently Asked Questions
- What is Barnes Group's goodwill impairment losses?
- Barnes Group (B) reported goodwill impairment losses of $0.00 in Q3 2024.
- What does goodwill impairment losses mean?
- A charge taken when the value of a previously acquired business is determined to be lower than its recorded book value.