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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	51.28	68.41	71.68	329.34	122.01	121.1
Cash & Short-Term Investments	51.28	68.41	71.68	329.34	122.01	121.1
Cash Growth	-38.01%	-4.56%	-78.23%	169.94%	0.75%	49.17%
Accounts Receivable	273.82	293.54	287.07	235.6	190.47	205.15
Receivables	273.82	293.54	287.07	235.6	190.47	205.15
Prepaid Expenses	43.1	44.8	38.73	34.01	24.25	20.08
Other Current Assets	18.49	12.81	18.41	16.88	3.54	7.23
Total Current Assets	386.69	419.56	415.9	615.83	340.26	353.56
Property, Plant & Equipment	71.62	78.58	72.5	82.64	74.54	29.63
Long-Term Investments	58.78	55.64	59.47	16.56	6.04	1.73
Goodwill	2,265	2,269	2,237	1,588	581.17	480.07
Other Intangible Assets	225.54	248.79	292.27	245.83	45.63	46.31
Long-Term Deferred Tax Assets	206.26	212.83	52.64	71.38	39.22	51.07
Long-Term Deferred Charges	-	-	-	-	-	5.24
Other Long-Term Assets	43.12	35.12	35.05	38.53	39.17	27
Total Assets	3,257	3,320	3,165	2,659	1,126	994.6
Accounts Payable	23.9	18.09	15.18	16.48	16.49	17.67
Accrued Expenses	119.42	126.42	125.03	118.49	87.19	89.36
Current Portion of Long-Term Debt	-	10	5	5	-	-
Current Portion of Leases	11.43	11.65	14.67	17.48	16.81	-
Current Income Taxes Payable	13.82	9.49	4.51	6.7	3.37	2.24
Current Unearned Revenue	236.62	253.79	226.96	224.61	202.29	204.99
Other Current Liabilities	380.58	330.93	237.02	205.12	139.41	78.16
Total Current Liabilities	785.78	760.36	628.36	593.87	465.56	392.41
Long-Term Debt	1,335	1,518	1,776	1,431	246	233.75
Long-Term Leases	26.95	30.63	27.67	35.27	31.87	-
Long-Term Unearned Revenue	15.26	15.86	16.12	7.98	7.02	8.15
Long-Term Deferred Tax Liabilities	11.9	9.72	51.24	65.01	10.85	8.26
Other Long-Term Liabilities	98.17	100.9	92.47	116.88	23.15	17.4
Total Liabilities	2,273	2,436	2,592	2,250	784.44	659.98
Common Stock	3	2.96	2.89	2.83	2.72	2.55
Additional Paid-In Capital	1,177	1,127	1,030	937.81	741.11	408.67
Retained Earnings	-102.56	-161.93	-370.87	-439.63	-376	-52.67
Comprensive Income & Other	-93.26	-84.99	-89.74	-91.77	-26.23	-23.93
Total Common Equity	983.8	883.28	572.75	409.22	341.6	334.62
Minority Interest	0.7	0.7	0.7	-	-	-
Shareholders' Equity	984.51	883.98	573.45	409.22	341.6	334.62
Total Liabilities & Equity	3,257	3,320	3,165	2,659	1,126	994.6
Total Debt	1,373	1,571	1,823	1,489	294.67	233.75
Net Cash (Debt)	-1,322	-1,502	-1,751	-1,159	-172.67	-112.65
Net Cash Per Share	-3.96	-4.52	-5.28	-3.69	-0.58	-0.38
Filing Date Shares Outstanding	317.09	314.69	312.02	309.28	303.81	287.15
Total Common Shares Outstanding	314.68	313.63	310.6	307.91	302.75	285.61
Working Capital	-399.09	-340.81	-212.46	21.96	-125.3	-38.86
Book Value Per Share	3.13	2.82	1.84	1.33	1.13	1.17
Tangible Book Value	-1,507	-1,635	-1,957	-1,425	-285.2	-191.76
Tangible Book Value Per Share	-4.79	-5.21	-6.30	-4.63	-0.94	-0.67
Land	2.81	2.81	2.81	2.81	2.81	2.81
Buildings	31.17	31.03	35.72	35.19	33.09	31.62
Machinery	60.63	58.04	71.27	66	61.29	63.98

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