BioNTech Non Currrent Assets Other vs Cash Analysis
BNTX Stock | USD 94.10 2.85 2.94% |
BioNTech financial indicator trend analysis is way more than just evaluating BioNTech SE prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BioNTech SE is a good investment. Please check the relationship between BioNTech Non Currrent Assets Other and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioNTech SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Non Currrent Assets Other vs Cash
Non Currrent Assets Other vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Non Currrent Assets Other account and Cash. At this time, the significance of the direction appears to have strong relationship.
The correlation between BioNTech's Non Currrent Assets Other and Cash is 0.76. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash in the same time period over historical financial statements of BioNTech SE, assuming nothing else is changed. The correlation between historical values of BioNTech's Non Currrent Assets Other and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of BioNTech SE are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Non Currrent Assets Other i.e., BioNTech's Non Currrent Assets Other and Cash go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash
Cash refers to the most liquid asset of BioNTech SE, which is listed under current asset account on BioNTech SE balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BioNTech customers. The amounts must be unrestricted with restricted cash listed in a different BioNTech account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from BioNTech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BioNTech SE 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 BioNTech SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, BioNTech's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, whereas Tax Provision is likely to drop slightly above 243 M in 2024.
BioNTech fundamental ratios Correlations
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BioNTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BioNTech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 797.6M | 2.3B | 15.8B | 23.3B | 23.0B | 24.2B | |
Short Long Term Debt Total | 68.9M | 240.2M | 301.5M | 212.2M | 219.1M | 161.3M | |
Other Current Liab | 16.4M | 103.1M | 3.0B | 2.6B | 1.3B | 979.8M | |
Total Current Liabilities | 138.1M | 606.0M | 3.5B | 3.0B | 2.1B | 1.3B | |
Total Stockholder Equity | 493.5M | 1.4B | 11.9B | 20.1B | 20.2B | 21.3B | |
Other Liab | 205.6M | 97.1M | 109.7M | 283.9M | 326.5M | 166.9M | |
Net Tangible Assets | 179.6M | 406.5M | 1.2B | 11.7B | 13.5B | 14.1B | |
Property Plant And Equipment Net | 148.1M | 326.0M | 520.4M | 821.1M | 971.6M | 1.0B | |
Current Deferred Revenue | 93.6M | 391.5M | 189.1M | 77.1M | 353.3M | 371.0M | |
Net Debt | (450.2M) | (970.0M) | (1.4B) | (13.7B) | (11.4B) | (10.9B) | |
Retained Earnings | (424.8M) | (409.6M) | 9.9B | 18.8B | 19.8B | 20.8B | |
Accounts Payable | 20.5M | 102.3M | 160M | 204.1M | 354M | 371.7M | |
Cash | 519.1M | 1.2B | 1.7B | 13.9B | 11.7B | 12.2B | |
Non Current Assets Total | 237.5M | 651.7M | 758.5M | 1.4B | 3.5B | 3.7B | |
Non Currrent Assets Other | 2K | 1.0M | 800K | 6.5M | 83.4M | 87.6M | |
Other Assets | 2.4M | 168.2M | 22.2M | 249.2M | 286.6M | 300.9M | |
Long Term Debt | 68.9M | 231.0M | 171.6M | 176.2M | 191M | 116.1M | |
Cash And Short Term Investments | 520.8M | 1.3B | 2.1B | 14.1B | 16.5B | 17.4B | |
Net Receivables | 20.2M | 166.4M | 12.4B | 7.1B | 2.3B | 3.0B | |
Good Will | 3.0M | 53.7M | 57.8M | 61.2M | 362.5M | 380.6M | |
Common Stock Total Equity | 166.8M | 193.3M | 232.3M | 246.3M | 283.3M | 185.2M | |
Common Stock Shares Outstanding | 211.5M | 248.5M | 259.7M | 249.8M | 242.7M | 229.1M | |
Short Term Investments | 1.7M | 137.2M | 381.6M | 189.4M | 4.9B | 5.1B | |
Liabilities And Stockholders Equity | 797.6M | 2.3B | 15.8B | 23.3B | 23.0B | 24.2B | |
Non Current Liabilities Total | 166.0M | 340.8M | 455.5M | 272.9M | 689.9M | 378.2M | |
Inventory | 11.7M | 64.1M | 502.5M | 439.6M | 357.7M | 190.9M | |
Other Current Assets | 1.2M | 61.0M | 64.9M | 271.9M | 280.9M | 294.9M | |
Other Stockholder Equity | (5.5M) | 1.5B | (3.8M) | (5.3M) | 1.2B | 1.3B | |
Total Liab | 304.2M | 946.8M | 3.9B | 3.2B | 2.8B | 1.7B | |
Property Plant And Equipment Gross | 148.1M | 326.0M | 594.6M | 821.1M | 1.2B | 1.2B | |
Total Current Assets | 560.2M | 1.7B | 15.1B | 21.9B | 19.5B | 20.5B | |
Accumulated Other Comprehensive Income | 691.5M | 25.5M | 1.8B | 979.3M | (984.6M) | (935.4M) | |
Short Term Debt | 7.6M | 9.1M | 129.9M | 36M | 28.1M | 32.9M | |
Intangible Assets | 86.5M | 109.8M | 144.6M | 158.5M | 804.1M | 844.3M | |
Common Stock | 232.3M | 246.3M | 246.3M | 248.6M | 285.9M | 218.0M | |
Property Plant Equipment | 116.0M | 148.1M | 326.0M | 520.4M | 598.5M | 628.4M |
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Is BioNTech'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 BioNTech. If investors know BioNTech 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 BioNTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 0.5 | Revenue Per Share 11.369 | Quarterly Revenue Growth (0.85) | Return On Assets (0.01) |
The market value of BioNTech SE is measured differently than its book value, which is the value of BioNTech that is recorded on the company's balance sheet. Investors also form their own opinion of BioNTech's value that differs from its market value or its book value, called intrinsic value, which is BioNTech'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 BioNTech's market value can be influenced by many factors that don't directly affect BioNTech'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 BioNTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if BioNTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioNTech'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.