BioNTech Good Will vs Cash 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 Good Will 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Good Will account and Cash. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BioNTech's Good Will and Cash is 0.8. Overlapping area represents the amount of variation of Good Will 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 Good Will 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 Good Will 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 Good Will i.e., BioNTech's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.8 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.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 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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Try AI Portfolio ArchitectCheck 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.