Barnes Return On Assets from 2010 to 2024

B Stock  USD 37.48  1.21  3.34%   
Barnes' Return On Assets are decreasing over the years with slightly volatile fluctuation. Return On Assets are expected to dwindle to 0. Return On Assets is a profitability ratio that indicates the percentage of profit Barnes Group earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00483553
Current Value
0.004594
Quarterly Volatility
0.03112237
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 132.1 M or Interest Expense of 62.2 M, as well as many exotic indicators such as Short Term Coverage Ratios of 4.9 or Price Earnings Ratio of 109. Barnes financial statements analysis is a perfect complement when working with Barnes Valuation or Volatility modules.
  
This module can also supplement Barnes' financial leverage analysis and stock options assessment as well as various Barnes Technical models . Check out the analysis of Barnes Correlation against competitors.

Latest Barnes' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Barnes Group over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Barnes' Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Barnes Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation69.68
Mean Deviation0.02
Median0.05
Standard Deviation0.03
Sample Variance0.001
Range0.1228
R-Value(0.63)
Mean Square Error0.0006
R-Squared0.40
Significance0.01
Slope(0)
Total Sum of Squares0.01

Barnes Return On Assets History

2024 0.004594
2023 0.004836
2022 0.005584
2021 0.0388
2020 0.0237
2019 0.0578
2018 0.0592

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 Return On Assets, 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 2024
Return On Assets 0  0 

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 Stock

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Moving against Barnes Stock

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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 instruments. 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
When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:
Check out 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 the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Barnes Stock analysis

When running Barnes' price analysis, check to measure Barnes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.
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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
(0.53)
Dividend Share
0.64
Earnings Share
0.31
Revenue Per Share
28.419
Quarterly Revenue Growth
0.326
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 if Barnes is a good investment 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.