| BSY Stock | | | USD 48.51 0.73 1.53% |
Bentley Systems financial indicator trend analysis is way more than just evaluating Bentley Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bentley Systems is a good investment. Please check the relationship between Bentley Systems Net Tangible Assets and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Bentley Systems. Also, note that the market value of any company could be closely tied 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 Systems guide.
Net Tangible Assets vs Accounts Payable
Net Tangible Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Bentley Systems Net Tangible Assets account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Bentley Systems' Net Tangible Assets and Accounts Payable is -0.64. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bentley Systems, assuming nothing else is changed. The correlation between historical values of Bentley Systems' Net Tangible Assets and Accounts Payable 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 Tangible Assets of Bentley Systems are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Tangible Assets i.e., Bentley Systems' Net Tangible Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.64 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
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.
Accounts Payable
An accounting item on the balance sheet that represents Bentley Systems obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Bentley Systems are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Bentley Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bentley Systems 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 Systems. Also, note that the market value of any company could be closely tied 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 Systems guide.
Tax Provision is likely to rise to about 36.9
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 162.3
M in 2024.
Bentley Systems fundamental ratios Correlations
Click cells to compare fundamentals
Bentley Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bentley Systems fundamental ratios Accounts
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Additional Tools for Bentley Stock Analysis
When running Bentley Systems' price analysis, check to
measure Bentley Systems' 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 Systems is operating at the current time. Most of Bentley Systems' value examination focuses on studying past and present price action to
predict the probability of Bentley Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bentley Systems' price. Additionally, you may evaluate how the addition of Bentley Systems to your portfolios can decrease your overall portfolio volatility.