>

Barnes Earnings before Tax vs Invested Capital Analysis

<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:6em;padding-top: 0px;;'>B</div>
B -- USA Stock  

Earning Report: February 21, 2020  

Barnes financial indicator trend analysis is way more than just evaluating Barnes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barnes Group is a good investment. Please check the relationship between Barnes Earnings before Tax and its Invested Capital accounts. Continue to Trending Equities.

Earnings before Tax vs Invested Capital

Accounts Relationship

Earnings before Tax vs Invested Capital

Significance: Fragmental Relationship

Earnings before Tax diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Barnes Group Earnings before Tax account and Invested Capital

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Earnings before Tax

Earnings Before Tax is calculated by adding [TaxExp] back to [NetInc].

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Barnes Group. There are two different methods for calculating Barnes Group invested capital: operating approach and financing approach. Understanding ##company1# invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: [Debt] plus [Assets] minus [Intangibles] minus [CashnEq] minus [LiabilitiesC]. Please note this calculation method is subject to change.