BioNTech Accounts Payable vs Total Current Assets Analysis

0A3M Stock  USD 119.15  0.66  0.56%   
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 Accounts Payable and its Total Current Assets 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BioNTech's Accounts Payable and Total Current Assets is 0.91. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets 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 Accounts Payable and Total Current 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 Accounts Payable of BioNTech SE are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., BioNTech's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents BioNTech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of BioNTech SE are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

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.
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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
The value of Tax Provision is estimated to slide to about 243 M. The value of Selling General Administrative is expected to slide to about 293.8 M
 2021 2022 2023 2024 (projected)
Gross Profit15.1B12.8B3.2B5.8B
Total Revenue19.0B17.3B3.8B7.5B

BioNTech fundamental ratios Correlations

0.920.450.730.580.460.330.990.890.530.680.70.590.710.70.620.40.310.140.260.590.170.430.90.620.14
0.920.620.890.810.680.60.941.00.770.820.890.750.870.920.830.680.550.380.480.660.40.621.00.840.38
0.450.620.580.590.50.30.530.650.480.270.590.20.450.690.580.50.40.350.360.190.350.620.630.580.35
0.730.890.580.970.930.820.750.910.940.910.990.810.980.940.980.880.860.750.810.830.760.750.930.980.75
0.580.810.590.970.950.890.620.840.980.860.990.750.940.931.00.960.90.80.850.80.80.70.841.00.8
0.460.680.50.930.950.920.470.720.960.860.910.750.930.830.950.90.980.920.960.840.920.80.740.940.92
0.330.60.30.820.890.920.340.630.960.870.850.780.880.790.890.930.910.810.860.820.80.650.650.880.8
0.990.940.530.750.620.470.340.910.550.660.730.570.710.740.650.450.330.160.260.570.190.420.920.660.16
0.891.00.650.910.840.720.630.910.80.840.910.780.890.950.860.720.60.440.540.650.450.671.00.870.44
0.530.770.480.940.980.960.960.550.80.90.960.80.950.910.980.970.920.80.860.840.80.70.810.980.8
0.680.820.270.910.860.860.870.660.840.90.890.950.970.850.880.790.810.670.770.850.680.70.860.880.67
0.70.890.590.990.990.910.850.730.910.960.890.790.960.960.990.930.840.710.780.810.710.680.910.990.71
0.590.750.20.810.750.750.780.570.780.80.950.790.880.80.780.70.720.590.680.650.610.690.780.780.59
0.710.870.450.980.940.930.880.710.890.950.970.960.880.910.950.860.870.740.820.870.750.760.910.960.74
0.70.920.690.940.930.830.790.740.950.910.850.960.80.910.940.880.750.60.670.640.60.730.930.940.6
0.620.830.580.981.00.950.890.650.860.980.880.990.780.950.940.950.890.780.830.820.780.70.871.00.78
0.40.680.50.880.960.90.930.450.720.970.790.930.70.860.880.950.870.760.80.750.750.570.710.950.76
0.310.550.40.860.90.980.910.330.60.920.810.840.720.870.750.890.870.970.990.790.970.780.630.890.97
0.140.380.350.750.80.920.810.160.440.80.670.710.590.740.60.780.760.970.990.691.00.750.460.781.0
0.260.480.360.810.850.960.860.260.540.860.770.780.680.820.670.830.80.990.990.760.990.80.560.830.99
0.590.660.190.830.80.840.820.570.650.840.850.810.650.870.640.820.750.790.690.760.690.50.70.820.68
0.170.40.350.760.80.920.80.190.450.80.680.710.610.750.60.780.750.971.00.990.690.770.480.781.0
0.430.620.620.750.70.80.650.420.670.70.70.680.690.760.730.70.570.780.750.80.50.770.680.70.75
0.91.00.630.930.840.740.650.921.00.810.860.910.780.910.930.870.710.630.460.560.70.480.680.870.46
0.620.840.580.981.00.940.880.660.870.980.880.990.780.960.941.00.950.890.780.830.820.780.70.870.78
0.140.380.350.750.80.920.80.160.440.80.670.710.590.740.60.780.760.971.00.990.681.00.750.460.78
Click cells to compare fundamentals

BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab105.6M494.6M3.2B1.6B540.3M964.9M
Total Current Liabilities138.1M606M3.5B3.0B2.1B1.5B
Other Liab205.6M97.1M109.8M283.9M326.5M200.3M
Net Tangible Assets179.6M406.5M1.2B11.7B13.5B14.1B
Retained Earnings(424.8M)(409.6M)9.9B18.8B19.8B20.8B
Accounts Payable20.5M102.3M160M204.1M354M371.7M
Other Assets2.4M168.2M22.2M249.2M286.6M300.9M
Net Receivables20.2M166.4M12.4B7.1B2.2B3.4B
Inventory12.1M64.1M502.5M439.6M357.7M217.8M
Other Current Assets7.0M89M113.4M271.9M280.9M294.9M
Other Stockholder Equity318.6M691.5M1.5B1.8B2.0B2.1B
Total Current Assets560.2M1.7B15.1B21.9B19.5B20.5B
Property Plant Equipment116.0M148.1M326M520.4M598.5M628.4M
Total Assets797.6M2.3B15.8B23.3B23.0B12.1B
Total Stockholder Equity493.5M1.4B11.9B20.1B20.2B21.3B
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
Good Will3.0M53.7M57.8M61.2M362.5M380.6M
Common Stock Shares Outstanding226.8M241.5M242.5M243.2M237.7M260.6M
Short Term Investments1.7M137.2M381.6M189.4M4.9B5.1B
Non Current Liabilities Total166.0M340.8M455.5M272.9M689.9M400.6M
Total Liab304.2M946.8M3.9B3.2B2.8B2.1B
Net Invested Capital493.5M1.4B12.2B20.3B20.5B21.5B
Capital Stock232.3M246.3M246.3M248.6M285.9M259.5M
Net Working Capital422.0M1.1B11.6B19.0B17.5B9.1B
Intangible Assets86.5M109.8M144.6M158.5M804.1M844.3M

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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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.