Bentley Net Income vs Gross Profit Analysis

BSY Stock

USD 56.72 0.33 0.58%

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 Net Income and its Gross Profit 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.

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

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

The correlation between Bentley SystemsInc's Net Income and Gross Profit is 0.64. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Gross Profit 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 Net Income and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Bentley SystemsInc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income i.e., Bentley SystemsInc's Net Income and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Bentley SystemsInc financial statement analysis. It represents the amount of money remaining after all of Bentley SystemsInc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Bentley SystemsInc minus its cost of goods sold. It is profit before Bentley SystemsInc operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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

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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

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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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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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 Net Income vs Gross Profit Analysis

Net Income vs Gross Profit

Net Income vs Gross Profit Correlation Analysis

Correlation Coefficient

Net Income

Gross Profit

Bentley SystemsInc fundamental ratios Correlations

Bentley SystemsInc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bentley SystemsInc fundamental ratios Accounts

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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