Affimed Net Tangible Assets vs Total Assets Analysis

AFMD Stock  USD 4.35  0.29  7.14%   
Affimed NV financial indicator trend analysis is way more than just evaluating Affimed NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Affimed NV is a good investment. Please check the relationship between Affimed NV Net Tangible Assets and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affimed NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Affimed Stock refer to our How to Trade Affimed Stock guide.

Net Tangible Assets vs Total Assets

Net Tangible Assets vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Affimed NV Net Tangible Assets account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Affimed NV's Net Tangible Assets and Total Assets is 0.77. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Total Assets in the same time period over historical financial statements of Affimed NV, assuming nothing else is changed. The correlation between historical values of Affimed NV's Net Tangible Assets and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Affimed NV are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Net Tangible Assets i.e., Affimed NV's Net Tangible Assets and Total Assets go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Total Assets

Total assets refers to the total amount of Affimed NV assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Affimed NV books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Affimed NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Affimed NV current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affimed NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Affimed Stock refer to our How to Trade Affimed Stock guide.At present, Affimed NV's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense712K1.6M1.8M1.8M
Depreciation And Amortization24K1.5M1.7M1.8M

Affimed NV fundamental ratios Correlations

-0.450.780.90.890.350.370.75-0.93-0.680.880.960.74-0.631.00.610.830.74-0.460.80.770.150.311.00.560.81
-0.45-0.31-0.44-0.58-0.3-0.14-0.310.670.35-0.36-0.41-0.260.77-0.46-0.28-0.45-0.280.66-0.36-0.430.32-0.14-0.46-0.04-0.39
0.78-0.310.770.640.290.750.52-0.58-0.870.820.60.79-0.440.740.830.890.9-0.30.710.860.230.720.750.460.9
0.9-0.440.770.650.610.330.91-0.82-0.570.760.830.9-0.480.870.560.770.63-0.190.560.680.460.280.870.750.69
0.89-0.580.640.650.060.340.5-0.89-0.660.790.860.51-0.840.90.570.770.68-0.80.830.75-0.320.30.90.30.77
0.35-0.30.290.610.060.080.61-0.34-0.170.240.30.46-0.190.340.050.370.170.250.050.230.610.060.330.280.23
0.37-0.140.750.330.340.08-0.01-0.12-0.90.630.10.42-0.320.320.90.780.87-0.260.560.80.011.00.35-0.020.82
0.75-0.310.520.910.50.61-0.01-0.73-0.220.50.770.85-0.370.730.250.50.29-0.080.260.380.49-0.060.720.870.37
-0.930.67-0.58-0.82-0.89-0.34-0.12-0.730.48-0.74-0.95-0.60.71-0.94-0.39-0.67-0.530.56-0.71-0.610.0-0.07-0.93-0.49-0.63
-0.680.35-0.87-0.57-0.66-0.17-0.9-0.220.48-0.86-0.46-0.550.54-0.65-0.91-0.94-0.990.45-0.83-0.960.02-0.88-0.67-0.1-0.98
0.88-0.360.820.760.790.240.630.5-0.74-0.860.760.67-0.540.850.780.890.89-0.420.930.880.10.580.870.340.91
0.96-0.410.60.830.860.30.10.77-0.95-0.460.760.63-0.560.970.380.650.54-0.410.730.580.140.040.960.580.63
0.74-0.260.790.90.510.460.420.85-0.6-0.550.670.63-0.370.680.60.720.58-0.140.410.630.440.380.690.840.62
-0.630.77-0.44-0.48-0.84-0.19-0.32-0.370.710.54-0.54-0.56-0.37-0.64-0.45-0.67-0.490.9-0.56-0.650.51-0.31-0.64-0.08-0.61
1.0-0.460.740.870.90.340.320.73-0.94-0.650.850.970.68-0.640.570.80.72-0.480.810.750.120.271.00.520.79
0.61-0.280.830.560.570.050.90.25-0.39-0.910.780.380.6-0.450.570.860.91-0.40.660.90.020.880.590.250.89
0.83-0.450.890.770.770.370.780.5-0.67-0.940.890.650.72-0.670.80.860.94-0.490.810.970.070.750.820.310.98
0.74-0.280.90.630.680.170.870.29-0.53-0.990.890.540.58-0.490.720.910.94-0.390.860.960.070.840.730.180.99
-0.460.66-0.3-0.19-0.80.25-0.26-0.080.560.45-0.42-0.41-0.140.9-0.48-0.4-0.49-0.39-0.54-0.530.78-0.25-0.480.07-0.49
0.8-0.360.710.560.830.050.560.26-0.71-0.830.930.730.41-0.560.810.660.810.86-0.540.83-0.130.520.820.090.88
0.77-0.430.860.680.750.230.80.38-0.61-0.960.880.580.63-0.650.750.90.970.96-0.530.83-0.020.770.760.230.97
0.150.320.230.46-0.320.610.010.490.00.020.10.140.440.510.120.020.070.070.78-0.13-0.02-0.010.110.520.01
0.31-0.140.720.280.30.061.0-0.06-0.07-0.880.580.040.38-0.310.270.880.750.84-0.250.520.77-0.010.29-0.070.79
1.0-0.460.750.870.90.330.350.72-0.93-0.670.870.960.69-0.641.00.590.820.73-0.480.820.760.110.290.510.8
0.56-0.040.460.750.30.28-0.020.87-0.49-0.10.340.580.84-0.080.520.250.310.180.070.090.230.52-0.070.510.22
0.81-0.390.90.690.770.230.820.37-0.63-0.980.910.630.62-0.610.790.890.980.99-0.490.880.970.010.790.80.22
Click cells to compare fundamentals

Affimed NV Account Relationship Matchups

Affimed NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets112.4M175.7M225.1M200.5M97.2M105.8M
Short Long Term Debt Total3.2M1.3M18.7M18.2M19.4M10.9M
Other Current Liab24.3M517K58.5M46.2M53.1M55.8M
Total Current Liabilities35.2M67.0M64.5M34.7M25.9M28.4M
Total Stockholder Equity38.7M72.0M136.0M152.9M57.8M45.3M
Other Liab37.5M38.0M36.0M7.2M8.3M15.7M
Property Plant And Equipment Net3.1M3.2M4.8M4.4M12.9M13.6M
Current Deferred Revenue21.4M55.0M44.4M9.2M619K588.1K
Net Debt(92.0M)(145.6M)(178.9M)(172.1M)(19.2M)(20.1M)
Retained Earnings(234.5M)(275.9M)(333.4M)(430.2M)(536.1M)(509.3M)
Accounts Payable10.7M11.4M18.9M19.1M18.9M10.3M
Cash95.2M146.9M197.6M190.3M38.5M36.6M
Non Current Assets Total6.4M24.9M18.7M4.4M13.0M7.3M
Long Term Debt278K231K17.1M11.7M6.3M6.0M
Cash And Short Term Investments104.1M146.9M197.6M190.3M72.9M94.5M
Net Receivables1.5M2.4M4.8M2.7M5.3M5.6M
Common Stock Total Equity468K624K762K983K1.1M1.2M
Common Stock Shares Outstanding6.4M8.3M12.0M14.2M14.9M15.7M
Liabilities And Stockholders Equity112.4M175.7M225.1M200.5M97.2M105.8M
Non Current Liabilities Total38.5M36.7M24.6M12.9M13.4M23.3M
Inventory296K246K421K628K463K315.3K
Other Stockholder Equity273.2M346.9M468.1M469.3M539.8M566.7M
Total Liab73.7M103.7M89.2M47.6M39.4M60.4M
Property Plant And Equipment Gross3.1M3.2M4.8M4.4M16.0M16.8M
Total Current Assets105.9M150.8M206.4M196.1M84.2M98.5M
Accumulated Other Comprehensive Income272.4M346.9M468.1M581.6M592.4M622.1M
Intangible Assets137K1.7M1.6M58K25K23.8K
Common Stock762K983K1.2M1.5M1.5M1.6M
Property Plant Equipment1.4M3.1M3.2M4.8M5.5M5.8M
Net Tangible Assets40.1M38.5M70.3M134.3M154.5M162.2M
Short Long Term Debt2.1M92K580K5.9M5.8M8.3M
Short Term Debt2.6M584K1.3M6.3M6.4M3.4M
Capital Lease Obligations804K974K1.1M572K7.2M7.6M
Other Current Assets8.9M1.3M3.5M2.5M5.5M5.8M
Net Invested Capital41.1M72.3M153.6M170.5M70.0M92.9M
Net Working Capital70.7M83.8M141.8M161.4M58.3M98.1M

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When determining whether Affimed NV is a strong investment it is important to analyze Affimed NV's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Affimed NV's future performance. For an informed investment choice regarding Affimed Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affimed NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Affimed Stock refer to our How to Trade Affimed Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Affimed NV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Affimed NV. If investors know Affimed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Affimed NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.46)
Revenue Per Share
0.931
Quarterly Revenue Growth
(0.58)
Return On Assets
(0.43)
Return On Equity
(1.01)
The market value of Affimed NV is measured differently than its book value, which is the value of Affimed that is recorded on the company's balance sheet. Investors also form their own opinion of Affimed NV's value that differs from its market value or its book value, called intrinsic value, which is Affimed NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Affimed NV's market value can be influenced by many factors that don't directly affect Affimed NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Affimed NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affimed NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affimed NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.