BioNTech Other Current Liab vs Net Tangible Assets 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 Other Current Liab and its Net Tangible 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.
Other Current Liab vs Net Tangible Assets
Other Current Liab vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Other Current Liab account and Net Tangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between BioNTech's Other Current Liab and Net Tangible Assets is 0.73. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Net Tangible 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 Other Current Liab and Net Tangible 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 Other Current Liab of BioNTech SE are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Other Current Liab i.e., BioNTech's Other Current Liab and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.73 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Other Current Liab
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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
Not Found
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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