Bentley Interest Expense vs Operating Income Analysis

BSY Stock

USD 55.49 0.65 1.19%

Bentley SystemsInc financial indicator trend analysis is way more than just evaluating Bentley SystemsInc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bentley SystemsInc is a good investment. Please check the relationship between Bentley SystemsInc Interest Expense and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bentley SystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bentley SystemsInc Interest Expense account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Bentley SystemsInc's Interest Expense and Operating Income is 0.85. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income in the same time period over historical financial statements of Bentley SystemsInc, assuming nothing else is changed. The correlation between historical values of Bentley SystemsInc's Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Bentley SystemsInc are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Bentley SystemsInc's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

0.85

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Bentley SystemsInc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bentley SystemsInc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Bentley SystemsInc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bentley SystemsInc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bentley SystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.Tax Provision is likely to rise to about 36.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 164.8 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	64.0M	95.8M	85.4M	67.7M
Interest Income	306K	421K	2.3M	2.5M

Depreciation And Amortization Interest Income

Bentley SystemsInc fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Good Will	Common Stock Total Equity
Other Current Liab		0.75	0.9	-0.94	-0.39	0.67	-0.46	0.73	0.95	0.84	0.65	0.43	0.82	0.89	0.86	0.86	0.87	-0.6	0.86	0.23	0.89	0.89	0.85	0.23	0.88	0.92
Total Current Liabilities	0.75		0.79	-0.76	-0.59	0.64	0.04	0.97	0.69	0.92	0.8	0.86	0.76	0.76	0.73	0.74	0.67	-0.33	0.74	0.2	0.76	0.73	0.73	0.2	0.76	0.74
Other Liab	0.9	0.79		-0.93	-0.46	0.5	-0.29	0.76	0.82	0.79	0.75	0.51	0.69	0.85	0.86	0.7	0.71	-0.39	0.84	0.36	0.84	0.78	0.86	0.36	0.84	0.77
Net Tangible Assets	-0.94	-0.76	-0.93		0.4	-0.64	0.42	-0.79	-0.89	-0.86	-0.69	-0.42	-0.78	-0.96	-0.96	-0.85	-0.82	0.53	-0.97	-0.25	-0.96	-0.95	-0.96	-0.25	-0.96	-0.86
Retained Earnings	-0.39	-0.59	-0.46	0.4		-0.3	-0.59	-0.53	-0.19	-0.63	-0.69	-0.65	-0.63	-0.37	-0.43	-0.17	-0.56	0.25	-0.39	-0.5	-0.35	-0.35	-0.42	-0.5	-0.35	-0.23
Accounts Payable	0.67	0.64	0.5	-0.64	-0.3		-0.23	0.71	0.79	0.8	0.75	0.49	0.82	0.71	0.66	0.83	0.81	-0.87	0.64	0.42	0.69	0.73	0.65	0.42	0.69	0.78
Other Assets	-0.46	0.04	-0.29	0.42	-0.59	-0.23		0.01	-0.57	-0.09	0.16	0.46	-0.15	-0.44	-0.37	-0.55	-0.27	0.25	-0.4	0.21	-0.46	-0.45	-0.38	0.21	-0.45	-0.56
Net Receivables	0.73	0.97	0.76	-0.79	-0.53	0.71	0.01		0.71	0.92	0.8	0.84	0.73	0.78	0.76	0.77	0.65	-0.43	0.77	0.16	0.78	0.78	0.76	0.16	0.79	0.71
Other Current Assets	0.95	0.69	0.82	-0.89	-0.19	0.79	-0.57	0.71		0.79	0.62	0.38	0.76	0.86	0.81	0.92	0.83	-0.73	0.81	0.21	0.86	0.87	0.81	0.21	0.85	0.93
Other Stockholder Equity	0.84	0.92	0.79	-0.86	-0.63	0.8	-0.09	0.92	0.79		0.84	0.69	0.94	0.89	0.87	0.86	0.89	-0.57	0.86	0.34	0.88	0.88	0.86	0.34	0.88	0.86
Total Current Assets	0.65	0.8	0.75	-0.69	-0.69	0.75	0.16	0.8	0.62	0.84		0.72	0.79	0.7	0.72	0.6	0.74	-0.57	0.67	0.72	0.67	0.61	0.72	0.72	0.67	0.61
Common Stock	0.43	0.86	0.51	-0.42	-0.65	0.49	0.46	0.84	0.38	0.69	0.72		0.49	0.36	0.35	0.37	0.38	-0.27	0.35	0.17	0.36	0.36	0.35	0.17	0.36	0.35
Property Plant Equipment	0.82	0.76	0.69	-0.78	-0.63	0.82	-0.15	0.73	0.76	0.94	0.79	0.49		0.86	0.83	0.83	0.98	-0.64	0.81	0.48	0.84	0.84	0.82	0.48	0.84	0.86
Total Assets	0.89	0.76	0.85	-0.96	-0.37	0.71	-0.44	0.78	0.86	0.89	0.7	0.36	0.86		0.99	0.92	0.86	-0.52	0.99	0.3	1.0	0.97	0.99	0.3	1.0	0.91
Short Long Term Debt Total	0.86	0.73	0.86	-0.96	-0.43	0.66	-0.37	0.76	0.81	0.87	0.72	0.35	0.83	0.99		0.86	0.84	-0.5	0.99	0.35	0.98	0.95	1.0	0.35	0.99	0.85
Total Stockholder Equity	0.86	0.74	0.7	-0.85	-0.17	0.83	-0.55	0.77	0.92	0.86	0.6	0.37	0.83	0.92	0.86		0.83	-0.61	0.87	0.14	0.92	0.93	0.85	0.14	0.92	0.97
Property Plant And Equipment Net	0.87	0.67	0.71	-0.82	-0.56	0.81	-0.27	0.65	0.83	0.89	0.74	0.38	0.98	0.86	0.84	0.83		-0.72	0.81	0.49	0.84	0.86	0.83	0.49	0.84	0.88
Current Deferred Revenue	-0.6	-0.33	-0.39	0.53	0.25	-0.87	0.25	-0.43	-0.73	-0.57	-0.57	-0.27	-0.64	-0.52	-0.5	-0.61	-0.72		-0.46	-0.41	-0.49	-0.58	-0.49	-0.41	-0.5	-0.58
Net Debt	0.86	0.74	0.84	-0.97	-0.39	0.64	-0.4	0.77	0.81	0.86	0.67	0.35	0.81	0.99	0.99	0.87	0.81	-0.46		0.25	0.99	0.97	0.99	0.25	0.99	0.85
Cash	0.23	0.2	0.36	-0.25	-0.5	0.42	0.21	0.16	0.21	0.34	0.72	0.17	0.48	0.3	0.35	0.14	0.49	-0.41	0.25		0.24	0.15	0.35	1.0	0.23	0.21
Non Current Assets Total	0.89	0.76	0.84	-0.96	-0.35	0.69	-0.46	0.78	0.86	0.88	0.67	0.36	0.84	1.0	0.98	0.92	0.84	-0.49	0.99	0.24		0.98	0.98	0.24	1.0	0.91
Non Currrent Assets Other	0.89	0.73	0.78	-0.95	-0.35	0.73	-0.45	0.78	0.87	0.88	0.61	0.36	0.84	0.97	0.95	0.93	0.86	-0.58	0.97	0.15	0.98		0.95	0.15	0.98	0.9
Long Term Debt	0.85	0.73	0.86	-0.96	-0.42	0.65	-0.38	0.76	0.81	0.86	0.72	0.35	0.82	0.99	1.0	0.85	0.83	-0.49	0.99	0.35	0.98	0.95		0.35	0.99	0.84
Cash And Short Term Investments	0.23	0.2	0.36	-0.25	-0.5	0.42	0.21	0.16	0.21	0.34	0.72	0.17	0.48	0.3	0.35	0.14	0.49	-0.41	0.25	1.0	0.24	0.15	0.35		0.23	0.21
Good Will	0.88	0.76	0.84	-0.96	-0.35	0.69	-0.45	0.79	0.85	0.88	0.67	0.36	0.84	1.0	0.99	0.92	0.84	-0.5	0.99	0.23	1.0	0.98	0.99	0.23		0.9
Common Stock Total Equity	0.92	0.74	0.77	-0.86	-0.23	0.78	-0.56	0.71	0.93	0.86	0.61	0.35	0.86	0.91	0.85	0.97	0.88	-0.58	0.85	0.21	0.91	0.9	0.84	0.21	0.9

Click cells to compare fundamentals

Bentley SystemsInc Account Relationship Matchups

Bentley SystemsInc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	60.7M	230.2M	330.3M	366.6M	466.8M	490.2M
Total Current Liabilities	392.4M	465.6M	593.9M	628.4M	760.4M	476.7M
Other Liab	33.8M	41.0M	189.9M	159.8M	183.8M	193.0M
Net Tangible Assets	(191.8M)	(285.2M)	(1.4B)	(2.0B)	(1.8B)	(1.7B)
Retained Earnings	(52.7M)	(376.0M)	(439.6M)	(370.9M)	(161.9M)	(170.0M)
Accounts Payable	17.7M	16.5M	16.5M	15.2M	18.1M	14.7M
Other Assets	83.3M	130.6M	120.0M	87.7M	1.0	0.95
Net Receivables	204.5M	190.0M	235.3M	287.1M	293.5M	209.4M
Other Current Assets	23.4M	24.7M	34.3M	38.7M	57.6M	60.5M
Other Stockholder Equity	408.7M	741.1M	937.8M	1.0B	1.1B	634.2M
Total Current Assets	353.6M	340.3M	615.8M	415.9M	419.6M	357.4M
Common Stock	2.5M	2.7M	2.8M	2.9M	3.0M	2.3M
Property Plant Equipment	29.6M	74.5M	82.6M	72.5M	83.4M	51.7M
Total Assets	994.6M	1.1B	2.7B	3.2B	3.3B	2.2B
Short Long Term Debt Total	233.8M	294.4M	1.5B	1.8B	1.6B	1.0B
Total Stockholder Equity	334.6M	341.6M	409.2M	572.8M	884.0M	493.1M
Property Plant And Equipment Net	29.6M	74.5M	82.6M	72.5M	78.6M	67.3M
Current Deferred Revenue	205.0M	202.3M	224.6M	227.0M	253.8M	186.7M
Net Debt	112.6M	172.4M	1.2B	1.8B	1.5B	893.9M
Cash	121.1M	122.0M	329.3M	71.7M	68.4M	105.8M
Non Current Assets Total	641.0M	785.8M	2.0B	2.7B	2.9B	1.8B
Non Currrent Assets Other	32.2M	39.5M	48.6M	72.2M	67.3M	53.1M
Long Term Debt	233.8M	246M	1.4B	1.8B	1.5B	1.0B
Cash And Short Term Investments	121.1M	122.0M	329.3M	71.7M	68.4M	105.8M
Good Will	480.1M	581.2M	1.6B	2.2B	2.3B	1.4B
Liabilities And Stockholders Equity	994.6M	1.1B	2.7B	3.2B	3.3B	2.2B
Non Current Liabilities Total	267.6M	318.9M	1.7B	2.0B	1.7B	1.1B
Inventory	4.5M	3.5M	16.9M	18.4M	1.0	0.95
Total Liab	660.0M	784.4M	2.3B	2.6B	2.4B	1.7B
Net Invested Capital	568.4M	587.6M	1.8B	2.4B	2.4B	1.5B
Long Term Investments	1.7M	5.7M	6.4M	22.3M	23.5M	24.7M
Property Plant And Equipment Gross	29.6M	74.5M	82.6M	72.5M	130.4M	76.8M
Accumulated Other Comprehensive Income	(23.9M)	(26.2M)	(91.8M)	(89.7M)	(85.0M)	(89.2M)
Capital Stock	2.5M	2.7M	2.8M	2.9M	3.0M	3.0M
Non Current Liabilities Other	9.3M	15.4M	14.3M	7.4M	5.4M	8.0M
Net Working Capital	(38.9M)	(125.3M)	22.0M	(212.5M)	(340.8M)	(323.8M)
Short Term Debt	109.1M	16.6M	22.5M	19.7M	21.6M	26.1M
Intangible Assets	46.3M	45.6M	245.8M	292.3M	248.8M	171.0M

Bentley SystemsInc Investors Sentiment

The influence of Bentley SystemsInc's 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 Bentley. 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 market does not have solid backing from leading economists and market statisticians.

Investor biases related to Bentley SystemsInc's public news can be used to forecast risks associated with an investment in Bentley. The trend in average sentiment can be used to explain how an investor holding Bentley can time the market purely based on public headlines and social activities around Bentley SystemsInc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Bentley SystemsInc's 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 Bentley SystemsInc's 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 Bentley SystemsInc's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Bentley SystemsInc.

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 Bentley SystemsInc 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, Bentley SystemsInc's short interest history, or implied volatility extrapolated from Bentley SystemsInc options trading.

Pair Trading with Bentley SystemsInc

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 Bentley SystemsInc 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 Bentley SystemsInc will appreciate offsetting losses from the drop in the long position's value.

Moving against Bentley Stock

0.54	BL	Blackline	Pair Corr
0.54	PD	Pagerduty Sell-off Trend	Pair Corr
0.54	VS	Versus Systems Financial Report 20th of May 2024	Pair Corr
0.42	DOMO	Domo Inc Financial Report 23rd of May 2024	Pair Corr

The ability to find closely correlated positions to Bentley SystemsInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bentley SystemsInc 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 Bentley SystemsInc - 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 Bentley SystemsInc to buy it.

The correlation of Bentley SystemsInc 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 Bentley SystemsInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bentley SystemsInc 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 Bentley SystemsInc 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 Correlation Correlation Matching

When determining whether Bentley SystemsInc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bentley SystemsInc's 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 Bentley Systemsinc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bentley Systemsinc Stock:

How To Invest In Bentley

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Is Bentley Stock a good investment?

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What is Bentley SystemsInc's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bentley SystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

For more information on how to buy Bentley Stock please use our How to Invest in Bentley SystemsInc guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Bentley SystemsInc's price analysis, check to measure Bentley SystemsInc's 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 Bentley SystemsInc is operating at the current time. Most of Bentley SystemsInc's value examination focuses on studying past and present price action to predict the probability of Bentley SystemsInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley SystemsInc's price. Additionally, you may evaluate how the addition of Bentley SystemsInc to your portfolios can decrease your overall portfolio volatility.

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Is Bentley SystemsInc's 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 Bentley SystemsInc. If investors know Bentley 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 Bentley SystemsInc 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

0.515

Dividend Share

0.21

Earnings Share

1.08

Revenue Per Share

3.996

Quarterly Revenue Growth

0.074

The market value of Bentley SystemsInc is measured differently than its book value, which is the value of Bentley that is recorded on the company's balance sheet. Investors also form their own opinion of Bentley SystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Bentley SystemsInc's 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 Bentley SystemsInc's market value can be influenced by many factors that don't directly affect Bentley SystemsInc's 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 Bentley SystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bentley SystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bentley SystemsInc's 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.

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Bentley Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

Bentley SystemsInc fundamental ratios Correlations

Bentley SystemsInc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bentley SystemsInc fundamental ratios Accounts

Bentley SystemsInc Investors Sentiment

Pair Trading with Bentley SystemsInc

Moving against Bentley Stock

Complementary Tools for Bentley Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Good Will	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Short Long Term Debt Total	+ 0.99	Total Assets

Net Debt	- 0.97	Net Tangible Assets
Good Will	- 0.96	Net Tangible Assets
Long Term Debt	- 0.96	Net Tangible Assets
Non Current Assets Total	- 0.96	Net Tangible Assets
Short Long Term Debt Total	- 0.96	Net Tangible Assets
Total Assets	- 0.96	Net Tangible Assets