Barnes Interest Coverage from 2010 to 2023

B Stock  USD 38.78  0.83  2.19%   
Barnes Interest Coverage is decreasing over the years with slightly volatile fluctuation. Ongoing Interest Coverage is projected to grow to 4.01 this year. From 2010 to 2023 Barnes Interest Coverage quarterly data regression line had arithmetic mean of 10.68 and r-squared of  0.11. Barnes Consolidated Income is projected to decrease significantly based on the last few years of reporting. The past year's Consolidated Income was at 13.48 Million. The current year Cost of Revenue is expected to grow to about 916.4 M, whereas Direct Expenses is forecasted to decline to about 787.4 M.
  
Check Barnes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barnes main balance sheet or income statement drivers, such as Direct Expenses of 787.4 M or Consolidated Income of 13.8 M, as well as many exotic indicators such as Interest Coverage of 4.01 or Long Term Debt to Equity of 0.43. Barnes financial statements analysis is a perfect complement when working with Barnes Valuation or Volatility modules. It can also supplement Barnes' financial leverage analysis and stock options assessment as well as various Barnes Technical models . Continue to the analysis of Barnes Correlation against competitors.

Barnes Interest Coverage Breakdown

Showing smoothed Interest Coverage of Barnes Group with missing and latest data points interpolated. Barnes' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barnes' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Down
Slightly volatile
   Interest Coverage   
       Timeline  

Barnes Interest Coverage Regression Statistics

Arithmetic Mean10.68
Geometric Mean9.62
Coefficient Of Variation41.25
Mean Deviation3.64
Median11.46
Standard Deviation4.41
Sample Variance19.42
Range12.27
R-Value(0.33)
Mean Square Error18.82
R-Squared0.11
Significance0.26
Slope(0.34)
Total Sum of Squares252.51

Barnes Interest Coverage History

2023 4.01
2022 3.91
2021 9.26
2020 7.74
2019 11.46
2018 13.76
2017 14.43
2016 16.17
2015 15.74
2014 15.8
2013 9.41

About Barnes Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Barnes income statement, its balance sheet, and the statement of cash flows. Barnes investors use historical funamental indicators, such as Barnes's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Barnes investors may use each financial statement separately, they are all related. The changes in Barnes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Barnes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Barnes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Barnes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Interest Coverage 3.91  4.01 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA145 M186.2 M

Barnes Investors Sentiment

The influence of Barnes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Barnes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Barnes' public news can be used to forecast risks associated with investment in Barnes. The trend in average sentiment can be used to explain how an investor holding Barnes can time the market purely based on public headlines and social activities around Barnes Group. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Barnes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barnes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Barnes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Barnes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barnes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barnes' short interest history, or implied volatility extrapolated from Barnes options trading.

Pair Trading with Barnes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barnes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes

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The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barnes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barnes Group to buy it.
The correlation of Barnes is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barnes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Barnes Correlation against competitors. Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Barnes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnes. If investors know Barnes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46) 
Dividend Share
0.64
Earnings Share
0.26
Revenue Per Share
24.761
Quarterly Revenue Growth
0.008
The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnes' market value can be influenced by many factors that don't directly affect Barnes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine Barnes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.