Bentley Selling And Marketing Expenses vs Interest Expense 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 Selling And Marketing Expenses and its Interest Expense 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.

Selling And Marketing Expenses vs Interest Expense

Selling And Marketing Expenses vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bentley SystemsInc Selling And Marketing Expenses account and Interest Expense. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bentley SystemsInc's Selling And Marketing Expenses and Interest Expense is 0.9. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Interest Expense 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 Selling And Marketing Expenses and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Bentley SystemsInc are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Selling And Marketing Expenses i.e., Bentley SystemsInc's Selling And Marketing Expenses and Interest Expense go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling And Marketing Expenses

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
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 Amortization64.0M95.8M85.4M67.7M
Interest Income306K421K2.3M2.5M

Bentley SystemsInc fundamental ratios Correlations

0.750.9-0.94-0.390.67-0.460.730.950.840.650.430.820.890.860.860.87-0.60.860.230.890.890.850.230.880.92
0.750.79-0.76-0.590.640.040.970.690.920.80.860.760.760.730.740.67-0.330.740.20.760.730.730.20.760.74
0.90.79-0.93-0.460.5-0.290.760.820.790.750.510.690.850.860.70.71-0.390.840.360.840.780.860.360.840.77
-0.94-0.76-0.930.4-0.640.42-0.79-0.89-0.86-0.69-0.42-0.78-0.96-0.96-0.85-0.820.53-0.97-0.25-0.96-0.95-0.96-0.25-0.96-0.86
-0.39-0.59-0.460.4-0.3-0.59-0.53-0.19-0.63-0.69-0.65-0.63-0.37-0.43-0.17-0.560.25-0.39-0.5-0.35-0.35-0.42-0.5-0.35-0.23
0.670.640.5-0.64-0.3-0.230.710.790.80.750.490.820.710.660.830.81-0.870.640.420.690.730.650.420.690.78
-0.460.04-0.290.42-0.59-0.230.01-0.57-0.090.160.46-0.15-0.44-0.37-0.55-0.270.25-0.40.21-0.46-0.45-0.380.21-0.45-0.56
0.730.970.76-0.79-0.530.710.010.710.920.80.840.730.780.760.770.65-0.430.770.160.780.780.760.160.790.71
0.950.690.82-0.89-0.190.79-0.570.710.790.620.380.760.860.810.920.83-0.730.810.210.860.870.810.210.850.93
0.840.920.79-0.86-0.630.8-0.090.920.790.840.690.940.890.870.860.89-0.570.860.340.880.880.860.340.880.86
0.650.80.75-0.69-0.690.750.160.80.620.840.720.790.70.720.60.74-0.570.670.720.670.610.720.720.670.61
0.430.860.51-0.42-0.650.490.460.840.380.690.720.490.360.350.370.38-0.270.350.170.360.360.350.170.360.35
0.820.760.69-0.78-0.630.82-0.150.730.760.940.790.490.860.830.830.98-0.640.810.480.840.840.820.480.840.86
0.890.760.85-0.96-0.370.71-0.440.780.860.890.70.360.860.990.920.86-0.520.990.31.00.970.990.31.00.91
0.860.730.86-0.96-0.430.66-0.370.760.810.870.720.350.830.990.860.84-0.50.990.350.980.951.00.350.990.85
0.860.740.7-0.85-0.170.83-0.550.770.920.860.60.370.830.920.860.83-0.610.870.140.920.930.850.140.920.97
0.870.670.71-0.82-0.560.81-0.270.650.830.890.740.380.980.860.840.83-0.720.810.490.840.860.830.490.840.88
-0.6-0.33-0.390.530.25-0.870.25-0.43-0.73-0.57-0.57-0.27-0.64-0.52-0.5-0.61-0.72-0.46-0.41-0.49-0.58-0.49-0.41-0.5-0.58
0.860.740.84-0.97-0.390.64-0.40.770.810.860.670.350.810.990.990.870.81-0.460.250.990.970.990.250.990.85
0.230.20.36-0.25-0.50.420.210.160.210.340.720.170.480.30.350.140.49-0.410.250.240.150.351.00.230.21
0.890.760.84-0.96-0.350.69-0.460.780.860.880.670.360.841.00.980.920.84-0.490.990.240.980.980.241.00.91
0.890.730.78-0.95-0.350.73-0.450.780.870.880.610.360.840.970.950.930.86-0.580.970.150.980.950.150.980.9
0.850.730.86-0.96-0.420.65-0.380.760.810.860.720.350.820.991.00.850.83-0.490.990.350.980.950.350.990.84
0.230.20.36-0.25-0.50.420.210.160.210.340.720.170.480.30.350.140.49-0.410.251.00.240.150.350.230.21
0.880.760.84-0.96-0.350.69-0.450.790.850.880.670.360.841.00.990.920.84-0.50.990.231.00.980.990.230.9
0.920.740.77-0.86-0.230.78-0.560.710.930.860.610.350.860.910.850.970.88-0.580.850.210.910.90.840.210.9
Click cells to compare fundamentals

Bentley SystemsInc Account Relationship Matchups

Bentley SystemsInc fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab60.7M230.2M330.3M366.6M466.8M490.2M
Total Current Liabilities392.4M465.6M593.9M628.4M760.4M476.7M
Other Liab33.8M41.0M189.9M159.8M183.8M193.0M
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 Payable17.7M16.5M16.5M15.2M18.1M14.7M
Other Assets83.3M130.6M120.0M87.7M1.00.95
Net Receivables204.5M190.0M235.3M287.1M293.5M209.4M
Other Current Assets23.4M24.7M34.3M38.7M57.6M60.5M
Other Stockholder Equity408.7M741.1M937.8M1.0B1.1B634.2M
Total Current Assets353.6M340.3M615.8M415.9M419.6M357.4M
Common Stock2.5M2.7M2.8M2.9M3.0M2.3M
Property Plant Equipment29.6M74.5M82.6M72.5M83.4M51.7M
Total Assets994.6M1.1B2.7B3.2B3.3B2.2B
Short Long Term Debt Total233.8M294.4M1.5B1.8B1.6B1.0B
Total Stockholder Equity334.6M341.6M409.2M572.8M884.0M493.1M
Property Plant And Equipment Net29.6M74.5M82.6M72.5M78.6M67.3M
Current Deferred Revenue205.0M202.3M224.6M227.0M253.8M186.7M
Net Debt112.6M172.4M1.2B1.8B1.5B893.9M
Cash121.1M122.0M329.3M71.7M68.4M105.8M
Non Current Assets Total641.0M785.8M2.0B2.7B2.9B1.8B
Non Currrent Assets Other32.2M39.5M48.6M72.2M67.3M53.1M
Long Term Debt233.8M246M1.4B1.8B1.5B1.0B
Cash And Short Term Investments121.1M122.0M329.3M71.7M68.4M105.8M
Good Will480.1M581.2M1.6B2.2B2.3B1.4B
Liabilities And Stockholders Equity994.6M1.1B2.7B3.2B3.3B2.2B
Non Current Liabilities Total267.6M318.9M1.7B2.0B1.7B1.1B
Inventory4.5M3.5M16.9M18.4M1.00.95
Total Liab660.0M784.4M2.3B2.6B2.4B1.7B
Net Invested Capital568.4M587.6M1.8B2.4B2.4B1.5B
Long Term Investments1.7M5.7M6.4M22.3M23.5M24.7M
Property Plant And Equipment Gross29.6M74.5M82.6M72.5M130.4M76.8M
Accumulated Other Comprehensive Income(23.9M)(26.2M)(91.8M)(89.7M)(85.0M)(89.2M)
Capital Stock2.5M2.7M2.8M2.9M3.0M3.0M
Non Current Liabilities Other9.3M15.4M14.3M7.4M5.4M8.0M
Net Working Capital(38.9M)(125.3M)22.0M(212.5M)(340.8M)(323.8M)
Short Term Debt109.1M16.6M22.5M19.7M21.6M26.1M
Intangible Assets46.3M45.6M245.8M292.3M248.8M171.0M

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

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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 CorrelationCorrelation 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:
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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.