Bentley Systems (MEX:BSY) LT-Debt-to-Total-Asset : 0.43 (As of Mar. 2024)

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What is Bentley Systems LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Bentley Systems's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.43.

Bentley Systems's long-term debt to total assets ratio declined from Mar. 2023 (0.53) to Mar. 2024 (0.43). It may suggest that Bentley Systems is progressively becoming less dependent on debt to grow their business.

Bentley Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bentley Systems's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Bentley Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.25

0.55

0.57

0.47

Bentley Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	0.53	0.51	0.47	0.43

Bentley Systems LT-Debt-to-Total-Asset Calculation

Bentley Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	26293.602	/	56351.957
	=	0.47

Bentley Systems's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	24135.22	/	55659.989
	=	0.43

Bentley Systems (MEX:BSY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Bentley Systems (MEX:BSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bentley Systems Inc (MEX:BSY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

BSY:USA 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.