BioNTech Inventory vs Total Assets Analysis

0A3M Stock   119.55  0.38  0.32%   
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 Inventory and its Total 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.

Inventory vs Total Assets

Inventory vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Inventory account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between BioNTech's Inventory and Total Assets is 0.9. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total 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 Inventory and Total 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 Inventory of BioNTech SE are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Inventory i.e., BioNTech's Inventory and Total Assets go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Assets

Total assets refers to the total amount of BioNTech assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in BioNTech SE books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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.
Selling General Administrative is likely to gain to about 124.9 M in 2024, despite the fact that Tax Provision is likely to grow to (137.7 M).
 2019 2020 2023 2024 (projected)
Gross Profit91.2M423.0M486.4M510.8M
Total Revenue108.6M482.3M554.7M582.4M

BioNTech fundamental ratios Correlations

0.90.91.00.290.90.870.931.00.881.00.880.990.990.90.980.990.860.90.930.930.971.01.00.49-0.62
0.91.00.890.581.01.00.970.890.830.91.00.910.911.00.950.910.761.00.840.80.980.90.910.31-0.69
0.91.00.890.581.01.00.980.890.830.91.00.910.911.00.950.910.761.00.840.80.980.90.910.31-0.69
1.00.890.890.240.890.850.91.00.861.00.860.980.980.880.971.00.840.880.930.950.960.990.980.5-0.59
0.290.580.580.240.580.620.550.250.30.260.610.330.340.580.410.270.490.590.430.20.450.270.320.12-0.18
0.91.01.00.890.581.00.970.890.820.891.00.90.91.00.940.910.751.00.830.810.980.890.90.3-0.68
0.871.01.00.850.621.00.960.860.80.861.00.870.871.00.920.880.721.00.80.770.960.860.870.27-0.68
0.930.970.980.90.550.970.960.910.870.920.960.950.950.970.980.920.820.970.870.790.980.930.950.37-0.69
1.00.890.891.00.250.890.860.910.871.00.870.980.980.890.971.00.840.890.930.940.970.990.990.49-0.61
0.880.830.830.860.30.820.80.870.870.870.810.880.880.830.890.870.720.820.810.780.880.880.880.22-0.74
1.00.90.91.00.260.890.860.921.00.870.870.990.990.890.981.00.850.890.930.940.970.990.990.49-0.61
0.881.01.00.860.611.01.00.960.870.810.870.880.881.00.930.890.731.00.810.780.960.870.880.28-0.69
0.990.910.910.980.330.90.870.950.980.880.990.881.00.90.990.980.880.90.930.890.970.991.00.51-0.61
0.990.910.910.980.340.90.870.950.980.880.990.881.00.90.990.980.880.90.930.890.970.991.00.52-0.6
0.91.01.00.880.581.01.00.970.890.830.891.00.90.90.940.910.751.00.840.80.980.90.90.31-0.68
0.980.950.950.970.410.940.920.980.970.890.980.930.990.990.940.970.870.940.920.870.990.980.990.47-0.64
0.990.910.911.00.270.910.880.921.00.871.00.890.980.980.910.970.830.910.920.950.970.990.980.48-0.61
0.860.760.760.840.490.750.720.820.840.720.850.730.880.880.750.870.830.750.960.820.820.860.880.71-0.25
0.91.01.00.880.591.01.00.970.890.820.891.00.90.91.00.940.910.750.830.80.970.890.90.3-0.69
0.930.840.840.930.430.830.80.870.930.810.930.810.930.930.840.920.920.960.830.930.90.930.930.56-0.44
0.930.80.80.950.20.810.770.790.940.780.940.780.890.890.80.870.950.820.80.930.880.930.90.48-0.47
0.970.980.980.960.450.980.960.980.970.880.970.960.970.970.980.990.970.820.970.90.880.970.970.4-0.68
1.00.90.90.990.270.890.860.930.990.880.990.870.990.990.90.980.990.860.890.930.930.970.990.51-0.6
1.00.910.910.980.320.90.870.950.990.880.990.881.01.00.90.990.980.880.90.930.90.970.990.51-0.61
0.490.310.310.50.120.30.270.370.490.220.490.280.510.520.310.470.480.710.30.560.480.40.510.510.35
-0.62-0.69-0.69-0.59-0.18-0.68-0.68-0.69-0.61-0.74-0.61-0.69-0.61-0.6-0.68-0.64-0.61-0.25-0.69-0.44-0.47-0.68-0.6-0.610.35
Click cells to compare fundamentals

BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab77.0M105.6M494.6M3.2B3.7B3.9B
Total Current Liabilities126.1M138.1M606M3.5B4.0B4.2B
Other Liab205.6M97.1M109.8M283.9M326.5M200.3M
Net Tangible Assets179.6M406.5M1.2B11.7B13.5B14.1B
Retained Earnings(245.8M)(424.8M)(409.6M)9.9B11.4B11.9B
Accounts Payable41.7M20.5M102.3M160M184M193.2M
Other Assets2.4M168.2M22.2M249.2M286.6M300.9M
Net Receivables28.7M20.2M166.4M12.4B14.2B15.0B
Inventory5.9M12.1M64.1M502.5M577.9M606.8M
Other Current Assets2.5M7.0M89M113.4M130.4M136.9M
Other Stockholder Equity318.6M691.5M1.5B1.8B2.0B2.1B
Total Current Assets449.0M560.2M1.7B15.1B17.3B18.2B
Property Plant Equipment116.0M148.1M326M520.4M598.5M628.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for BioNTech Stock Analysis

When running BioNTech's price analysis, check to measure BioNTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BioNTech is operating at the current time. Most of BioNTech's value examination focuses on studying past and present price action to predict the probability of BioNTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioNTech's price. Additionally, you may evaluate how the addition of BioNTech to your portfolios can decrease your overall portfolio volatility.