What is Bentley Systems Cash, Cash Equivalents, Marketable Securities?
Bentley Systems's quarterly cash, cash equivalents, marketable securities
increased
from Sep. 2023 ($66.96 Mil) to Dec. 2023 ($68.41 Mil) and
increased
from Dec. 2023 ($68.41 Mil) to Mar. 2024 ($141.60 Mil).
Bentley Systems's annual cash, cash equivalents, marketable securities
declined
from Dec. 2021 ($329.34 Mil) to Dec. 2022 ($71.68 Mil) and
declined
from Dec. 2022 ($71.68 Mil) to Dec. 2023 ($68.41 Mil).
Bentley Systems Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Bentley Systems's Cash, Cash Equivalents, Marketable Securities 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.
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Bentley Systems Cash, Cash Equivalents, Marketable Securities Chart
Bentley Systems Cash, Cash Equivalents, Marketable Securities Calculation
Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
Bentley Systems (NAS:BSY) Cash, Cash Equivalents, Marketable Securities Explanation
Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
A high number means either:
1) The company has competitive advantage generating lots of cash
2) Just sold a business or bonds (not necessarily good)
A low stockpile of cash usually means poor to mediocre economics.
There are 3 ways to create large cash reserve.
1) Sell new bonds or equity to public
2) Sell business or asset
3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)
When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.
Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.
Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.
Bentley Systems Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of Bentley Systems's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Bentley Systems (Bentley Systems) Business Description
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.
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