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.
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
total_current_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '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% |