BioNTech Total Current Assets vs Selling General Administrative Analysis

BNTX Stock  USD 117.39  3.17  2.78%   
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 Total Current Assets and its Selling General Administrative 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.

Total Current Assets vs Selling General Administrative

Total Current Assets vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Total Current Assets account and Selling General Administrative. At this time, the significance of the direction appears to have totally related.
The correlation between BioNTech's Total Current Assets and Selling General Administrative is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Selling General Administrative 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 Total Current Assets and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of BioNTech SE are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Total Current Assets i.e., BioNTech's Total Current Assets and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Selling General Administrative

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

0.760.870.851.00.980.62-0.930.990.940.940.880.740.940.680.820.640.760.620.870.810.860.750.971.00.14
0.760.860.880.730.770.76-0.580.680.730.580.590.390.570.770.530.820.430.570.870.750.890.40.740.760.56
0.870.860.970.850.810.45-0.770.830.720.770.570.340.70.860.470.670.370.490.970.630.970.360.760.90.2
0.850.880.970.820.780.46-0.680.790.70.670.560.340.630.940.470.670.380.551.00.571.00.360.750.880.14
1.00.730.850.820.980.62-0.951.00.950.950.90.760.950.640.830.630.780.610.850.810.840.780.970.990.13
0.980.770.810.780.980.75-0.930.980.980.940.940.810.960.570.880.690.820.640.80.90.80.820.990.970.27
0.620.760.450.460.620.75-0.530.60.80.550.790.720.630.260.790.690.740.620.460.920.490.720.770.590.74
-0.93-0.58-0.77-0.68-0.95-0.93-0.53-0.95-0.88-1.0-0.86-0.72-0.98-0.43-0.78-0.55-0.72-0.49-0.71-0.8-0.69-0.74-0.91-0.92-0.13
0.990.680.830.791.00.980.6-0.950.950.960.910.780.970.60.850.590.80.620.820.80.810.80.970.990.09
0.940.730.720.70.950.980.8-0.880.950.90.980.880.940.490.940.680.90.70.730.910.730.890.990.920.28
0.940.580.770.670.950.940.55-1.00.960.90.870.740.980.440.80.550.750.490.710.810.680.760.920.930.14
0.880.590.570.560.90.940.79-0.860.910.980.870.960.940.320.990.570.970.70.60.890.590.970.960.850.24
0.740.390.340.340.760.810.72-0.720.780.880.740.960.850.120.990.391.00.70.390.790.391.00.860.690.14
0.940.570.70.630.950.960.63-0.980.970.940.980.940.850.390.890.550.850.580.670.850.650.860.960.920.15
0.680.770.860.940.640.570.26-0.430.60.490.440.320.120.390.240.510.160.360.910.320.920.140.540.720.0
0.820.530.470.470.830.880.79-0.780.850.940.80.990.990.890.240.490.990.730.510.860.510.990.920.780.24
0.640.820.670.670.630.690.69-0.550.590.680.550.570.390.550.510.490.420.350.660.660.670.40.670.630.44
0.760.430.370.380.780.820.74-0.720.80.90.750.971.00.850.160.990.420.720.430.80.431.00.870.710.16
0.620.570.490.550.610.640.62-0.490.620.70.490.70.70.580.360.730.350.720.60.630.610.70.680.60.23
0.870.870.971.00.850.80.46-0.710.820.730.710.60.390.670.910.510.660.430.60.591.00.410.770.90.12
0.810.750.630.570.810.90.92-0.80.80.910.810.890.790.850.320.860.660.80.630.590.60.790.90.780.63
0.860.890.971.00.840.80.49-0.690.810.730.680.590.390.650.920.510.670.430.611.00.60.410.770.890.15
0.750.40.360.360.780.820.72-0.740.80.890.760.971.00.860.140.990.41.00.70.410.790.410.870.710.14
0.970.740.760.750.970.990.77-0.910.970.990.920.960.860.960.540.920.670.870.680.770.90.770.870.950.25
1.00.760.90.880.990.970.59-0.920.990.920.930.850.690.920.720.780.630.710.60.90.780.890.710.950.12
0.140.560.20.140.130.270.74-0.130.090.280.140.240.140.150.00.240.440.160.230.120.630.150.140.250.12
Click cells to compare fundamentals

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 Liab16.4M487.6M1.6B2.1B1.2B751.8M
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 Receivables20.2M166.4M12.4B7.1B2.2B3.0B
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 Assets1.2M392.6M113.8M272.3M460M483M
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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