Bentley Systems, Incorporated (BSY)

Bentley Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	72.18	68.41	71.68	329.34	122.01	121.1
Cash & Short-Term Investments	72.18	68.41	71.68	329.34	122.01	121.1
Cash Growth	7.78%	-4.56%	-78.23%	169.94%	0.75%	49.17%
Accounts Receivable	262.84	293.54	287.07	235.6	190.47	205.15
Receivables	262.84	293.54	287.07	235.6	190.47	205.15
Prepaid Expenses	52.96	44.8	38.73	34.01	24.25	20.08
Other Current Assets	15.85	12.81	18.41	16.88	3.54	7.23
Total Current Assets	403.82	419.56	415.9	615.83	340.26	353.56
Property, Plant & Equipment	70.96	78.58	72.5	82.64	74.54	29.63
Long-Term Investments	51.32	55.64	59.47	16.56	6.04	1.73
Goodwill	2,390	2,269	2,237	1,588	581.17	480.07
Other Intangible Assets	225.79	248.79	292.27	245.83	45.63	46.31
Long-Term Deferred Tax Assets	207.82	212.83	52.64	71.38	39.22	51.07
Long-Term Deferred Charges	-	-	-	-	-	5.24
Other Long-Term Assets	46.39	35.12	35.05	38.53	39.17	27
Total Assets	3,396	3,320	3,165	2,659	1,126	994.6
Accounts Payable	30.51	18.09	15.18	16.48	16.49	17.67
Accrued Expenses	121.13	126.42	125.03	118.49	87.19	89.36
Current Portion of Long-Term Debt	-	10	5	5	-	-
Current Portion of Leases	12.08	11.65	14.67	17.48	16.81	-
Current Income Taxes Payable	19.43	9.49	4.51	6.7	3.37	2.24
Current Unearned Revenue	225.29	253.79	226.96	224.61	202.29	204.99
Other Current Liabilities	373.78	330.93	237.02	205.12	139.41	78.16
Total Current Liabilities	782.23	760.36	628.36	593.87	465.56	392.41
Long-Term Debt	1,419	1,518	1,776	1,431	246	233.75
Long-Term Leases	27.95	30.63	27.67	35.27	31.87	-
Long-Term Unearned Revenue	15.82	15.86	16.12	7.98	7.02	8.15
Long-Term Deferred Tax Liabilities	11.82	9.72	51.24	65.01	10.85	8.26
Other Long-Term Liabilities	105.79	100.9	92.47	116.88	23.15	17.4
Total Liabilities	2,362	2,436	2,592	2,250	784.44	659.98
Common Stock	3.02	2.96	2.89	2.83	2.72	2.55
Additional Paid-In Capital	1,201	1,127	1,030	937.81	741.11	408.67
Retained Earnings	-88.2	-161.93	-370.87	-439.63	-376	-52.67
Comprehensive Income & Other	-82.96	-84.99	-89.74	-91.77	-26.23	-23.93
Total Common Equity	1,033	883.28	572.75	409.22	341.6	334.62
Minority Interest	0.7	0.7	0.7	-	-	-
Shareholders' Equity	1,034	883.98	573.45	409.22	341.6	334.62
Total Liabilities & Equity	3,396	3,320	3,165	2,659	1,126	994.6
Total Debt	1,459	1,571	1,823	1,489	294.67	233.75
Net Cash (Debt)	-1,387	-1,502	-1,751	-1,159	-172.67	-112.65
Net Cash Per Share	-4.16	-4.52	-5.28	-3.69	-0.58	-0.38
Filing Date Shares Outstanding	315.01	314.69	312.02	309.28	303.81	287.15
Total Common Shares Outstanding	314.81	313.63	310.6	307.91	302.75	285.61
Working Capital	-378.41	-340.81	-212.46	21.96	-125.3	-38.86
Book Value Per Share	3.28	2.82	1.84	1.33	1.13	1.17
Tangible Book Value	-1,583	-1,635	-1,957	-1,425	-285.2	-191.76
Tangible Book Value Per Share	-5.03	-5.21	-6.30	-4.63	-0.94	-0.67
Land	1.34	2.81	2.81	2.81	2.81	2.81
Buildings	31.61	31.03	35.72	35.19	33.09	31.62
Machinery	62.98	58.04	71.27	66	61.29	63.98

Source: S&P Capital IQ. Standard template. Financial Sources.