BioNTech Treasury Stock vs Net Tangible 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 Treasury Stock 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.

Treasury Stock vs Net Tangible Assets

Treasury Stock 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 Treasury Stock account and Net Tangible Assets. At this time, the significance of the direction appears to have weak relationship.
The correlation between BioNTech's Treasury Stock and Net Tangible Assets is 0.3. Overlapping area represents the amount of variation of Treasury Stock 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 Treasury Stock 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 Treasury Stock 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 Treasury Stock i.e., BioNTech's Treasury Stock and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Treasury Stock

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.
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

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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.