BioNTech Accounts Payable vs Total Liab Analysis
0A3M Stock | USD 113.60 7.06 6.63% |
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 Liab 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 Liab
Accounts Payable vs Total Liab 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 Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between BioNTech's Accounts Payable and Total Liab is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab 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 Liab 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 Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., BioNTech's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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 Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 Profit | 15.1B | 12.8B | 3.2B | 5.8B | Total Revenue | 19.0B | 17.3B | 3.8B | 7.5B |
BioNTech fundamental ratios Correlations
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BioNTech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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BioNTech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Other Current Liab | 105.6M | 494.6M | 3.2B | 1.6B | 540.3M | 964.9M | |
Total Current Liabilities | 138.1M | 606M | 3.5B | 3.0B | 2.1B | 1.5B | |
Other Liab | 205.6M | 97.1M | 109.8M | 283.9M | 326.5M | 200.3M | |
Net Tangible Assets | 179.6M | 406.5M | 1.2B | 11.7B | 13.5B | 14.1B | |
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 | |
Other Assets | 2.4M | 168.2M | 22.2M | 249.2M | 286.6M | 300.9M | |
Net Receivables | 20.2M | 166.4M | 12.4B | 7.1B | 2.2B | 3.4B | |
Inventory | 12.1M | 64.1M | 502.5M | 439.6M | 357.7M | 217.8M | |
Other Current Assets | 7.0M | 89M | 113.4M | 271.9M | 280.9M | 294.9M | |
Other Stockholder Equity | 318.6M | 691.5M | 1.5B | 1.8B | 2.0B | 2.1B | |
Total Current Assets | 560.2M | 1.7B | 15.1B | 21.9B | 19.5B | 20.5B | |
Property Plant Equipment | 116.0M | 148.1M | 326M | 520.4M | 598.5M | 628.4M | |
Total Assets | 797.6M | 2.3B | 15.8B | 23.3B | 23.0B | 12.1B | |
Total Stockholder Equity | 493.5M | 1.4B | 11.9B | 20.1B | 20.2B | 21.3B | |
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 | |
Good Will | 3.0M | 53.7M | 57.8M | 61.2M | 362.5M | 380.6M | |
Common Stock Shares Outstanding | 226.8M | 241.5M | 242.5M | 243.2M | 237.7M | 260.6M | |
Short Term Investments | 1.7M | 137.2M | 381.6M | 189.4M | 4.9B | 5.1B | |
Non Current Liabilities Total | 166.0M | 340.8M | 455.5M | 272.9M | 689.9M | 400.6M | |
Total Liab | 304.2M | 946.8M | 3.9B | 3.2B | 2.8B | 2.1B | |
Net Invested Capital | 493.5M | 1.4B | 12.2B | 20.3B | 20.5B | 21.5B | |
Capital Stock | 232.3M | 246.3M | 246.3M | 248.6M | 285.9M | 259.5M | |
Net Working Capital | 422.0M | 1.1B | 11.6B | 19.0B | 17.5B | 9.1B | |
Intangible Assets | 86.5M | 109.8M | 144.6M | 158.5M | 804.1M | 844.3M |
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