BioNTech Income Before Tax vs Net Interest Income Analysis

BNTX Stock  USD 113.13  4.90  4.53%   
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 Income Before Tax and its Net Interest Income 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 estimate.

Income Before Tax vs Net Interest Income

Income Before Tax vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Income Before Tax account and Net Interest Income. At this time, the significance of the direction appears to have very week relationship.
The correlation between BioNTech's Income Before Tax and Net Interest Income is 0.25. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Net Interest Income 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 Income Before Tax and Net Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of BioNTech SE are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Income Before Tax i.e., BioNTech's Income Before Tax and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.25
Relationship DirectionPositive 
Relationship StrengthVery Weak

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on BioNTech income statement and is an important metric when analyzing BioNTech SE profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing 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 estimate.
At this time, BioNTech's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.21 in 2024, whereas Tax Provision is likely to drop slightly above 243 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense5.4M18.9M7.9M7.5M
Depreciation And Amortization78.2M121.1M183.4M192.6M

BioNTech fundamental ratios Correlations

0.760.870.851.00.980.62-0.930.990.940.940.880.740.940.690.820.640.760.620.870.640.860.750.971.00.14
0.760.860.880.730.770.76-0.580.680.730.580.590.390.570.780.530.820.430.570.870.830.890.40.740.760.56
0.870.860.970.850.80.44-0.770.820.710.760.560.330.690.870.460.660.360.470.970.690.960.350.760.890.2
0.850.880.970.820.780.46-0.680.790.70.670.560.340.630.940.470.670.380.551.00.611.00.360.750.880.14
1.00.730.850.820.980.62-0.951.00.950.950.90.760.950.650.830.630.780.610.850.630.840.780.970.990.13
0.980.770.80.780.980.75-0.930.980.980.940.940.810.960.580.880.690.820.640.80.720.80.820.990.970.27
0.620.760.440.460.620.75-0.530.60.80.550.790.720.630.270.790.690.740.620.460.80.490.720.770.590.74
-0.93-0.58-0.77-0.68-0.95-0.93-0.53-0.95-0.88-1.0-0.86-0.72-0.98-0.44-0.78-0.55-0.72-0.49-0.71-0.64-0.69-0.74-0.91-0.92-0.13
0.990.680.820.791.00.980.6-0.950.950.960.910.780.970.610.850.590.80.620.820.60.810.80.970.990.09
0.940.730.710.70.950.980.8-0.880.950.90.980.880.940.50.940.680.90.70.730.680.730.890.990.920.28
0.940.580.760.670.950.940.55-1.00.960.90.870.740.980.440.80.550.750.490.710.640.680.760.920.930.14
0.880.590.560.560.90.940.79-0.860.910.980.870.960.940.330.990.570.970.70.60.60.590.970.960.850.24
0.740.390.330.340.760.810.72-0.720.780.880.740.960.850.130.990.391.00.70.390.420.391.00.860.690.14
0.940.570.690.630.950.960.63-0.980.970.940.980.940.850.390.890.550.850.580.670.620.650.860.960.920.15
0.690.780.870.940.650.580.27-0.440.610.50.440.330.130.390.250.520.170.370.910.380.920.150.550.720.0
0.820.530.460.470.830.880.79-0.780.850.940.80.990.990.890.250.490.990.730.510.540.510.990.920.780.24
0.640.820.660.670.630.690.69-0.550.590.680.550.570.390.550.520.490.420.350.660.70.670.40.670.630.44
0.760.430.360.380.780.820.74-0.720.80.90.750.971.00.850.170.990.420.720.430.430.431.00.870.710.16
0.620.570.470.550.610.640.62-0.490.620.70.490.70.70.580.370.730.350.720.60.520.610.70.680.60.23
0.870.870.971.00.850.80.46-0.710.820.730.710.60.390.670.910.510.660.430.60.611.00.410.770.90.12
0.640.830.690.610.630.720.8-0.640.60.680.640.60.420.620.380.540.70.430.520.610.620.430.680.630.8
0.860.890.961.00.840.80.49-0.690.810.730.680.590.390.650.920.510.670.430.611.00.620.410.770.890.15
0.750.40.350.360.780.820.72-0.740.80.890.760.971.00.860.150.990.41.00.70.410.430.410.870.710.14
0.970.740.760.750.970.990.77-0.910.970.990.920.960.860.960.550.920.670.870.680.770.680.770.870.950.25
1.00.760.890.880.990.970.59-0.920.990.920.930.850.690.920.720.780.630.710.60.90.630.890.710.950.12
0.140.560.20.140.130.270.74-0.130.090.280.140.240.140.150.00.240.440.160.230.120.80.150.140.250.12
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BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets797.6M2.3B15.8B23.3B23.0B24.2B
Short Long Term Debt Total76.5M240.2M301.5M212.2M219.1M162.4M
Other Current Liab16.4M487.6M1.6B2.1B1.1B744.1M
Total Current Liabilities138.1M606.0M3.5B3.0B2.1B1.3B
Total Stockholder Equity493.5M1.4B11.9B20.1B20.2B21.3B
Other Liab205.6M97.1M109.7M283.9M326.5M166.9M
Net Tangible Assets179.6M406.5M1.2B11.7B13.5B14.1B
Property Plant And Equipment Net148.1M326.0M520.4M821.1M971.6M1.0B
Current Deferred Revenue93.6M391.5M189.1M77.1M353.3M371.0M
Net Debt(450.2M)(970.0M)(1.4B)(13.7B)(11.4B)(10.9B)
Retained Earnings(424.8M)(409.6M)9.9B18.8B19.8B20.8B
Accounts Payable20.5M102.3M160M204.1M354M371.7M
Cash519.1M1.2B1.7B13.9B11.7B12.2B
Non Current Assets Total237.5M651.7M758.5M1.4B3.5B3.7B
Non Currrent Assets Other2K1.0M800K6.5M187.1M196.5M
Other Assets2.4M168.2M22.2M249.2M286.6M300.9M
Long Term Debt68.9M231.0M171.6M176.2M191M116.1M
Cash And Short Term Investments520.8M1.3B2.1B14.1B16.5B17.4B
Net Receivables20.2M166.4M12.4B7.1B2.3B3.0B
Good Will3.0M53.7M57.8M61.2M362.5M380.6M
Common Stock Total Equity166.8M193.3M232.3M246.3M283.3M185.2M
Common Stock Shares Outstanding211.5M248.5M259.7M249.8M242.7M229.1M
Short Term Investments1.7M137.2M381.6M189.4M4.9B5.1B
Liabilities And Stockholders Equity797.6M2.3B15.8B23.3B23.0B24.2B
Non Current Liabilities Total166.0M340.8M455.5M272.9M689.9M378.2M
Inventory11.7M64.1M502.5M439.6M357.7M190.9M
Other Current Assets1.2M392.6M113.8M272.3M280.9M146.4M
Other Stockholder Equity(5.5M)1.8B(3.8M)(5.3M)(10.8M)(10.3M)
Total Liab304.2M946.8M3.9B3.2B2.8B1.7B
Property Plant And Equipment Gross148.1M326.0M594.6M821.1M1.2B1.2B
Total Current Assets560.2M1.7B15.1B21.9B19.5B20.5B
Accumulated Other Comprehensive Income691.5M25.5M1.8B979.3M244.8M232.6M
Short Term Debt7.6M15.2M129.9M36M56.2M37.6M
Intangible Assets86.5M109.8M144.6M158.5M781.7M820.8M
Common Stock232.3M246.3M246.3M248.6M285.9M218.0M
Property Plant Equipment116.0M148.1M326.0M520.4M598.5M628.4M

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