Bentley Systems (Bentley Systems) Debt-to-Equity : 1.58 (As of Mar. 2024)

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What is Bentley Systems Debt-to-Equity?

Bentley Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $21 Mil. Bentley Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,454 Mil. Bentley Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $932 Mil. Bentley Systems's debt to equity for the quarter that ended in Mar. 2024 was 1.58.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bentley Systems's Debt-to-Equity or its related term are showing as below:

BSY' s Debt-to-Equity Range Over the Past 10 Years
Min: -49.64 Med: 2.71 Max: 88.91
Current: 1.58

During the past 6 years, the highest Debt-to-Equity Ratio of Bentley Systems was 88.91. The lowest was -49.64. And the median was 2.71.

BSY's Debt-to-Equity is ranked worse than
91.39% of 2218 companies
in the Software industry
Industry Median: 0.21 vs BSY: 1.58

Bentley Systems Debt-to-Equity Historical Data

The historical data trend for Bentley Systems's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bentley Systems Debt-to-Equity Chart

Bentley Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.70

0.86

3.64

3.18

1.78

Bentley Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.80	2.62	2.36	1.78	1.58

Competitive Comparison of Bentley Systems's Debt-to-Equity

For the Software - Application subindustry, Bentley Systems's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bentley Systems's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Bentley Systems's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bentley Systems's Debt-to-Equity falls into.

Bentley Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bentley Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.645	+	1549.029)	/	883.278
	=	1.78

Bentley Systems's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(21.178	+	1454.257)	/	931.903
	=	1.58

Bentley Systems (NAS:BSY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bentley Systems Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bentley Systems's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Bentley Systems (Bentley Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bentley Systems Inc (NAS:BSY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BS81:Germany

Address

685 Stockton Drive, Exton, PA, USA, 19341

Website

https://www.bentley.com

Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

Executives

Gregory S Bentley	director, 10 percent owner, officer: Chairman, CEO & President	C/O BENTLEY SYSTEMS INC, 685 STOCKTON RD, EXTON PA 19341
Michael M Campbell	officer: Chief Product Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Kirk B. Griswold	director	11 TROTTER WAY, COLLEGEVILLE PA 19426
Nicholas Cumins	officer: Chief Product Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
David R. Shaman	officer: Chief Legal Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Barry J. Bentley	director, 10 percent owner	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
David J. Hollister	officer: See Remarks	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Brock Ballard	officer: Chief Revenue Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Brian F. Hughes	director	124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Raymond B. Bentley	director, 10 percent owner, officer: Executive Vice President	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Gus Bergsma	officer: Chief Revenue Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Keith A. Bentley	director, 10 percent owner, officer: Chief Technology Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Richard P. Bentley	10 percent owner	C/O VIDEORAY LLC, 212 EAST HIGH STREET, POTTSTOWN PA 19464
Spt Invest Management Sarl	10 percent owner	21 RUE EDMOND REUTER, CONTERN N4 5326
Andre Werner	officer: Chief Accounting Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341