Bentley Systems Balance Sheet Health
Financial Health criteria checks 2/6
Bentley Systems has a total shareholder equity of $1.1B and total debt of $1.2B, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are $3.4B and $2.3B respectively. Bentley Systems's EBIT is $335.0M making its interest coverage ratio 19.5. It has cash and short-term investments of $83.6M.
Key information
113.36%
Debt to equity ratio
US$1.24b
Debt
| Interest coverage ratio | 19.5x |
| Cash | US$83.64m |
| Equity | US$1.10b |
| Total liabilities | US$2.31b |
| Total assets | US$3.40b |
Recent financial health updates
Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly
Apr 09These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well
Nov 27Recent updates
Bentley Systems: Valuation Continues To Be Cheap While Fundamentals Improve
May 16Capital Allocation Trends At Bentley Systems (NASDAQ:BSY) Aren't Ideal
Apr 25Here's Why Bentley Systems (NASDAQ:BSY) Can Manage Its Debt Responsibly
Apr 09When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?
Mar 25Bentley Systems Faces Political Uncertainties Amid High Valuation (Downgrade)
Feb 28Should You Be Adding Bentley Systems (NASDAQ:BSY) To Your Watchlist Today?
Feb 21Are Bentley Systems, Incorporated (NASDAQ:BSY) Investors Paying Above The Intrinsic Value?
Feb 06Be Wary Of Bentley Systems (NASDAQ:BSY) And Its Returns On Capital
Jan 23Bentley Systems: Undervalued Stock With Robust Operational Efficiency Presents A Buying Opportunity
Jan 15Subdued Growth No Barrier To Bentley Systems, Incorporated's (NASDAQ:BSY) Price
Dec 27Bentley Systems: Rating Upgrade On Cheaper Valuation And Positive Growth Outlook
Dec 27These 4 Measures Indicate That Bentley Systems (NASDAQ:BSY) Is Using Debt Reasonably Well
Nov 27Do Bentley Systems' (NASDAQ:BSY) Earnings Warrant Your Attention?
Oct 30Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)
Oct 21Bentley Systems (NASDAQ:BSY) May Have Issues Allocating Its Capital
Oct 16Why Bentley Systems, Incorporated (NASDAQ:BSY) Could Be Worth Watching
Oct 01Bentley Systems, Incorporated's (NASDAQ:BSY) Popularity With Investors Is Under Threat From Overpricing
Sep 17Bentley Systems' (NASDAQ:BSY) Solid Profits Have Weak Fundamentals
Aug 19Bentley Systems: Valuation Is A Concern On Economic Uneasiness (Downgrade)
Aug 08Bentley Systems, Incorporated (NASDAQ:BSY) Shares Could Be 28% Above Their Intrinsic Value Estimate
Jul 31Bentley Systems (NASDAQ:BSY) Is Reinvesting At Lower Rates Of Return
Jul 15When Should You Buy Bentley Systems, Incorporated (NASDAQ:BSY)?
Jun 30What Bentley Systems, Incorporated's (NASDAQ:BSY) P/E Is Not Telling You
Jun 12Bentley Systems: Premium Business Trading At Premium Valuation
May 23Bentley Systems: Keep This On Your Watchlist
Mar 14Financial Position Analysis
Short Term Liabilities: BSY's short term assets ($446.1M) do not cover its short term liabilities ($906.0M).
Long Term Liabilities: BSY's short term assets ($446.1M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: BSY's net debt to equity ratio (105.7%) is considered high.
Reducing Debt: BSY's debt to equity ratio has increased from 69.9% to 113.4% over the past 5 years.
Debt Coverage: BSY's debt is well covered by operating cash flow (36.1%).
Interest Coverage: BSY's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 11:15 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Bentley Systems, Incorporated is covered by 26 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Vruwink | Baird |
| Gal Munda | Berenberg |
| Michael Funk | BofA Global Research |