Bentley Total Current Assets vs Intangible Assets Analysis

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 Total Current Assets and its Intangible Assets 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.

Total Current Assets vs Intangible Assets

Total Current Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bentley Systems Total Current Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Bentley Systems' Total Current Assets and Intangible Assets is 0.72. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Intangible Assets 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' Total Current Assets and Intangible 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 Total Current Assets of Bentley Systems are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Current Assets i.e., Bentley Systems' Total Current Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization44.9M64.3M63.6M48.8M
Interest Income306K421K2.3M2.5M

Bentley Systems fundamental ratios Correlations

0.750.91-0.94-0.380.66-0.460.730.840.840.640.430.80.890.860.850.85-0.590.850.210.880.880.850.210.880.92
0.750.79-0.76-0.590.640.040.970.80.920.80.860.760.760.730.740.67-0.330.740.20.760.730.730.20.760.74
0.910.79-0.93-0.460.5-0.290.760.780.790.750.510.690.850.860.70.71-0.390.840.360.840.780.860.360.840.77
-0.94-0.76-0.930.4-0.640.42-0.79-0.91-0.86-0.69-0.42-0.78-0.96-0.96-0.85-0.820.53-0.97-0.25-0.96-0.95-0.96-0.25-0.96-0.86
-0.38-0.59-0.460.4-0.3-0.59-0.53-0.47-0.63-0.69-0.65-0.63-0.37-0.43-0.17-0.560.25-0.39-0.5-0.35-0.35-0.42-0.5-0.35-0.23
0.660.640.5-0.64-0.3-0.230.710.840.80.750.490.820.710.660.830.81-0.870.640.420.690.730.650.420.690.78
-0.460.04-0.290.42-0.59-0.230.01-0.29-0.090.160.46-0.15-0.44-0.37-0.55-0.270.25-0.40.21-0.46-0.45-0.380.21-0.45-0.56
0.730.970.76-0.79-0.530.710.010.840.920.80.850.730.780.760.770.65-0.440.770.160.780.780.760.160.790.71
0.840.80.78-0.91-0.470.84-0.290.840.950.810.490.930.970.950.920.91-0.640.940.40.960.950.950.40.960.89
0.840.920.79-0.86-0.630.8-0.090.920.950.840.690.940.890.870.860.89-0.570.860.340.880.880.860.340.880.86
0.640.80.75-0.69-0.690.750.160.80.810.840.720.790.70.720.60.74-0.570.670.720.670.610.720.720.670.61
0.430.860.51-0.42-0.650.490.460.850.490.690.720.490.360.350.370.38-0.270.350.170.360.360.350.170.360.35
0.80.760.69-0.78-0.630.82-0.150.730.930.940.790.490.860.830.830.98-0.640.810.480.840.840.820.480.840.86
0.890.760.85-0.96-0.370.71-0.440.780.970.890.70.360.860.990.920.86-0.520.990.31.00.970.990.31.00.91
0.860.730.86-0.96-0.430.66-0.370.760.950.870.720.350.830.990.860.84-0.50.990.350.980.951.00.350.990.85
0.850.740.7-0.85-0.170.83-0.550.770.920.860.60.370.830.920.860.83-0.610.870.140.920.930.850.140.920.97
0.850.670.71-0.82-0.560.81-0.270.650.910.890.740.380.980.860.840.83-0.720.810.490.840.860.830.490.840.88
-0.59-0.33-0.390.530.25-0.870.25-0.44-0.64-0.57-0.57-0.27-0.64-0.52-0.5-0.61-0.72-0.46-0.41-0.49-0.58-0.49-0.41-0.5-0.58
0.850.740.84-0.97-0.390.64-0.40.770.940.860.670.350.810.990.990.870.81-0.460.250.990.970.990.250.990.85
0.210.20.36-0.25-0.50.420.210.160.40.340.720.170.480.30.350.140.49-0.410.250.240.150.351.00.230.21
0.880.760.84-0.96-0.350.69-0.460.780.960.880.670.360.841.00.980.920.84-0.490.990.240.980.980.241.00.91
0.880.730.78-0.95-0.350.73-0.450.780.950.880.610.360.840.970.950.930.86-0.580.970.150.980.950.150.980.9
0.850.730.86-0.96-0.420.65-0.380.760.950.860.720.350.820.991.00.850.83-0.490.990.350.980.950.350.990.84
0.210.20.36-0.25-0.50.420.210.160.40.340.720.170.480.30.350.140.49-0.410.251.00.240.150.350.230.21
0.880.760.84-0.96-0.350.69-0.450.790.960.880.670.360.841.00.990.920.84-0.50.990.231.00.980.990.230.9
0.920.740.77-0.86-0.230.78-0.560.710.890.860.610.350.860.910.850.970.88-0.580.850.210.910.90.840.210.9
Click cells to compare fundamentals

Bentley Systems Account Relationship Matchups

Bentley Systems fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab60.7M210.2M310.8M347.4M445.7M468.0M
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 Receivables204.5M190.5M235.6M287.1M293.5M209.5M
Other Current Assets23.4M27.8M50.9M57.1M57.6M33.3M
Other Stockholder Equity408.7M741.1M937.8M1.0B1.1B634.1M
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 Equity334.6M341.6M409.2M572.8M883.3M493.0M
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 Debt109.1M33.2M22.5M34.3M33.3M31.8M
Intangible Assets46.3M45.6M245.8M292.3M248.8M171.0M

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