BioNTech Total Current Assets vs Total Current Liabilities 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 Total Current Assets and its Total Current Liabilities 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.

Total Current Assets vs Total Current Liabilities

Total Current Assets vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Total Current Assets account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BioNTech's Total Current Assets and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Current Liabilities 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 Total Current Assets and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BioNTech SE are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Current Assets i.e., BioNTech's Total Current Assets and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Current Liabilities

Total Current Liabilities is an item on BioNTech balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of BioNTech SE are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

0.760.820.851.00.980.62-0.930.990.940.940.880.750.940.690.820.640.760.620.870.960.860.750.971.00.14
0.760.820.880.730.770.76-0.580.680.730.580.590.40.570.780.530.820.430.580.870.660.890.40.740.770.56
0.820.820.990.790.720.34-0.640.760.630.640.480.280.580.960.380.590.30.460.980.650.980.280.680.850.04
0.850.880.990.820.780.46-0.680.790.70.670.560.360.630.940.470.670.380.551.00.71.00.360.750.880.14
1.00.730.790.820.980.62-0.951.00.950.950.90.780.950.650.830.630.780.610.850.970.840.780.970.990.13
0.980.770.720.780.980.75-0.930.980.980.940.940.820.960.580.880.690.820.640.80.980.80.820.990.970.27
0.620.760.340.460.620.75-0.530.60.80.550.790.720.630.270.790.690.740.620.460.670.490.720.770.590.74
-0.93-0.58-0.64-0.68-0.95-0.93-0.53-0.95-0.88-1.0-0.86-0.74-0.98-0.44-0.78-0.55-0.72-0.49-0.71-0.98-0.69-0.74-0.91-0.92-0.13
0.990.680.760.791.00.980.6-0.950.950.960.910.80.970.610.850.590.80.620.820.970.810.80.970.990.09
0.940.730.630.70.950.980.8-0.880.950.90.980.890.940.50.940.680.90.70.730.950.730.890.990.920.28
0.940.580.640.670.950.940.55-1.00.960.90.870.760.980.440.80.550.750.490.710.990.680.760.920.930.14
0.880.590.480.560.90.940.79-0.860.910.980.870.970.940.330.990.570.970.70.60.930.590.970.960.850.24
0.750.40.280.360.780.820.72-0.740.80.890.760.970.870.150.990.411.00.690.410.820.411.00.870.710.15
0.940.570.580.630.950.960.63-0.980.970.940.980.940.870.390.890.550.850.580.670.990.650.860.960.920.15
0.690.780.960.940.650.580.27-0.440.610.50.440.330.150.390.250.520.170.370.910.470.920.150.550.720.0
0.820.530.380.470.830.880.79-0.780.850.940.80.990.990.890.250.490.990.730.510.860.510.990.920.780.24
0.640.820.590.670.630.690.69-0.550.590.680.550.570.410.550.520.490.420.350.660.60.670.40.670.630.44
0.760.430.30.380.780.820.74-0.720.80.90.750.971.00.850.170.990.420.720.430.810.431.00.870.710.16
0.620.580.460.550.610.640.62-0.490.620.70.490.70.690.580.370.730.350.720.60.580.610.70.680.60.23
0.870.870.981.00.850.80.46-0.710.820.730.710.60.410.670.910.510.660.430.60.731.00.410.770.90.12
0.960.660.650.70.970.980.67-0.980.970.950.990.930.820.990.470.860.60.810.580.730.710.820.970.940.23
0.860.890.981.00.840.80.49-0.690.810.730.680.590.410.650.920.510.670.430.611.00.710.410.770.890.15
0.750.40.280.360.780.820.72-0.740.80.890.760.971.00.860.150.990.41.00.70.410.820.410.870.710.14
0.970.740.680.750.970.990.77-0.910.970.990.920.960.870.960.550.920.670.870.680.770.970.770.870.950.25
1.00.770.850.880.990.970.59-0.920.990.920.930.850.710.920.720.780.630.710.60.90.940.890.710.950.12
0.140.560.040.140.130.270.74-0.130.090.280.140.240.150.150.00.240.440.160.230.120.230.150.140.250.12
Click cells to compare fundamentals

BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets797.6M2.3B15.8B23.3B23.0B24.2B
Short Long Term Debt Total68.9M240.2M301.5M212.2M219.1M161.3M
Other Current Liab16.4M103.1M3.0B2.6B1.3B979.8M
Total Current Liabilities138.1M606.0M3.5B3.0B2.1B1.3B
Total Stockholder Equity493.5M1.4B11.9B20.1B20.2B21.3B
Other Liab205.6M97.1M109.7M283.9M326.5M166.9M
Net Tangible Assets179.6M406.5M1.2B11.7B13.5B14.1B
Property Plant And Equipment Net148.1M326.0M520.4M821.1M971.6M1.0B
Current Deferred Revenue93.6M391.5M189.1M77.1M353.3M371.0M
Net Debt(450.2M)(970.0M)(1.4B)(13.7B)(11.4B)(10.9B)
Retained Earnings(424.8M)(409.6M)9.9B18.8B19.8B20.8B
Accounts Payable20.5M102.3M160M204.1M354M371.7M
Cash519.1M1.2B1.7B13.9B11.7B12.2B
Non Current Assets Total237.5M651.7M758.5M1.4B3.5B3.7B
Non Currrent Assets Other2K1.0M800K6.5M83.4M87.6M
Other Assets2.4M168.2M22.2M249.2M286.6M300.9M
Long Term Debt68.9M231.0M171.6M176.2M191M116.1M
Cash And Short Term Investments520.8M1.3B2.1B14.1B16.5B17.4B
Net Receivables20.2M166.4M12.4B7.1B2.3B3.0B
Good Will3.0M53.7M57.8M61.2M362.5M380.6M
Common Stock Total Equity166.8M193.3M232.3M246.3M283.3M185.2M
Common Stock Shares Outstanding211.5M248.5M259.7M249.8M242.7M229.1M
Short Term Investments1.7M137.2M381.6M189.4M4.9B5.1B
Liabilities And Stockholders Equity797.6M2.3B15.8B23.3B23.0B24.2B
Non Current Liabilities Total166.0M340.8M455.5M272.9M689.9M378.2M
Inventory11.7M64.1M502.5M439.6M357.7M190.9M
Other Current Assets1.2M61.0M64.9M271.9M280.9M294.9M
Other Stockholder Equity(5.5M)1.5B(3.8M)(5.3M)1.2B1.3B
Total Liab304.2M946.8M3.9B3.2B2.8B1.7B
Property Plant And Equipment Gross148.1M326.0M594.6M821.1M1.2B1.2B
Total Current Assets560.2M1.7B15.1B21.9B19.5B20.5B
Accumulated Other Comprehensive Income691.5M25.5M1.8B979.3M(984.6M)(935.4M)
Short Term Debt7.6M9.1M129.9M36M28.1M32.9M
Intangible Assets86.5M109.8M144.6M158.5M804.1M844.3M
Common Stock232.3M246.3M246.3M248.6M285.9M218.0M
Property Plant Equipment116.0M148.1M326.0M520.4M598.5M628.4M

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When determining whether BioNTech SE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioNTech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biontech Se Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biontech Se Stock:
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.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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.