Current Assets

Total Current Assets

Barnes Group Total Current Assets increased by 0.0% to $866.73M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $903.41M to $866.73M. Over 3 years (FY 2020 to FY 2023), Total Current Assets shows an upward trend with a 12.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.

Detailed definition

The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...

Peer comparison

High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.

Metric ID: total_current_assets

Historical Data

14 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24
Value$664.67M$672.06M$680.21M$686.51M$690.42M$682.07M$732.30M$754.15M$766.92M$903.41M$906.72M$915.00M$866.37M$866.73M
QoQ Change+1.1%+1.2%+0.9%+0.6%-1.2%+7.4%+3.0%+1.7%+17.8%+0.4%+0.9%-5.3%+0.0%
YoY Change+3.9%+1.5%+7.7%+9.9%+11.1%+32.5%+23.8%+21.3%+13.0%-4.1%
Range$664.67M$915.00M
CAGR+8.5%
Avg YoY Growth+12.0%
Median YoY Growth+10.5%

Frequently Asked Questions

What is Barnes Group's total current assets?
Barnes Group (B) reported total current assets of $866.73M in Q3 2024.
How has Barnes Group's total current assets changed year-over-year?
Barnes Group's total current assets decreased by 4.1% year-over-year, from $903.41M to $866.73M.
What is the long-term trend for Barnes Group's total current assets?
Over 3 years (2020 to 2023), Barnes Group's total current assets has grown at a 12.2% compound annual growth rate (CAGR), from $642.35M to $906.72M.
What does total current assets mean?
Everything the company owns that can be turned into cash within a single year.