Bentley Long Term Debt vs Net Tangible Assets Analysis
BSY Stock | USD 51.47 1.06 2.02% |
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 Long Term Debt and its Net Tangible Assets 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.
Long Term Debt vs Net Tangible Assets
Long Term Debt vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bentley SystemsInc Long Term Debt account and Net Tangible Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Bentley SystemsInc's Long Term Debt and Net Tangible Assets is -0.96. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Tangible Assets 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 Long Term Debt and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Bentley SystemsInc are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Long Term Debt i.e., Bentley SystemsInc's Long Term Debt and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.96 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Bentley SystemsInc has held for over one year. Long-term debt appears on Bentley SystemsInc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Bentley SystemsInc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 |
Bentley SystemsInc fundamental ratios Correlations
Click cells to compare fundamentals
Bentley SystemsInc Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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
0.48 | BL | Blackline Earnings Call This Week | PairCorr |
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.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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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 5.545 | Dividend Share 0.2 | Earnings Share 1 | Revenue Per Share 3.933 | Quarterly Revenue Growth 0.083 |
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.