CureVac Other Assets vs Cash Analysis

CVAC Stock  USD 2.77  0.11  4.14%   
CureVac NV financial indicator trend analysis is way more than just evaluating CureVac NV prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CureVac NV is a good investment. Please check the relationship between CureVac NV Other Assets and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CureVac NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade CureVac Stock refer to our How to Trade CureVac Stock guide.

Other Assets vs Cash

Other Assets vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CureVac NV Other Assets account and Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CureVac NV's Other Assets and Cash is -0.2. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Cash in the same time period over historical financial statements of CureVac NV, assuming nothing else is changed. The correlation between historical values of CureVac NV's Other Assets and Cash 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 Assets of CureVac NV are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Assets i.e., CureVac NV's Other Assets and Cash go up and down completely randomly.

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Cash

Cash refers to the most liquid asset of CureVac NV, which is listed under current asset account on CureVac NV balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CureVac NV customers. The amounts must be unrestricted with restricted cash listed in a different CureVac NV account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from CureVac NV's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CureVac NV 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 CureVac NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade CureVac Stock refer to our How to Trade CureVac Stock guide.At present, CureVac NV's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization35.9M26.2M23.4M20.3M
Interest Income10.1M4.0M12.9M13.6M

CureVac NV fundamental ratios Correlations

0.770.940.980.750.970.720.92-0.97-0.670.690.980.72-0.24-0.340.980.430.91-0.1-0.80.760.770.90.390.96-0.32
0.770.940.830.240.840.750.52-0.68-0.690.930.690.74-0.31-0.420.690.880.780.3-0.670.230.980.430.210.64-0.51
0.940.940.960.520.950.770.76-0.88-0.710.870.890.76-0.26-0.380.890.70.890.09-0.770.530.930.710.290.85-0.43
0.980.830.960.621.00.820.84-0.92-0.770.780.930.82-0.31-0.450.930.490.950.05-0.790.630.830.820.380.9-0.47
0.750.240.520.620.610.180.95-0.84-0.20.060.840.19-0.090.030.85-0.120.53-0.56-0.490.960.180.930.490.870.21
0.970.840.951.00.610.840.83-0.91-0.770.770.920.84-0.33-0.470.910.490.950.08-0.790.610.830.80.40.88-0.48
0.720.750.770.820.180.840.45-0.55-0.960.790.591.0-0.55-0.780.570.520.90.58-0.80.210.80.430.40.54-0.8
0.920.520.760.840.950.830.45-0.96-0.430.360.970.46-0.16-0.130.970.140.74-0.38-0.670.930.480.970.470.98-0.01
-0.97-0.68-0.88-0.92-0.84-0.91-0.55-0.960.48-0.56-0.99-0.550.070.12-0.99-0.32-0.780.330.68-0.85-0.65-0.94-0.3-0.980.1
-0.67-0.69-0.71-0.77-0.2-0.77-0.96-0.430.48-0.72-0.54-0.960.710.9-0.53-0.47-0.92-0.640.79-0.18-0.74-0.41-0.57-0.510.86
0.690.930.870.780.060.770.790.36-0.56-0.720.580.78-0.18-0.450.570.850.750.37-0.630.10.980.340.00.52-0.65
0.980.690.890.930.840.920.590.97-0.99-0.540.580.59-0.15-0.21.00.350.83-0.26-0.740.850.680.950.370.99-0.16
0.720.740.760.820.190.841.00.46-0.55-0.960.780.59-0.54-0.780.570.50.910.57-0.790.220.790.450.40.54-0.8
-0.24-0.31-0.26-0.31-0.09-0.33-0.55-0.160.070.71-0.18-0.15-0.540.89-0.14-0.14-0.55-0.680.380.08-0.25-0.06-0.89-0.130.67
-0.34-0.42-0.38-0.450.03-0.47-0.78-0.130.120.9-0.45-0.2-0.780.89-0.19-0.26-0.7-0.80.530.11-0.45-0.1-0.67-0.170.91
0.980.690.890.930.850.910.570.97-0.99-0.530.571.00.57-0.14-0.190.340.82-0.28-0.720.850.660.950.370.99-0.15
0.430.880.70.49-0.120.490.520.14-0.32-0.470.850.350.5-0.14-0.260.340.470.4-0.51-0.10.880.04-0.060.31-0.39
0.910.780.890.950.530.950.90.74-0.78-0.920.750.830.91-0.55-0.70.820.470.29-0.850.510.80.720.560.8-0.66
-0.10.30.090.05-0.560.080.58-0.380.33-0.640.37-0.260.57-0.68-0.8-0.280.40.29-0.27-0.590.34-0.440.3-0.3-0.79
-0.8-0.67-0.77-0.79-0.49-0.79-0.8-0.670.680.79-0.63-0.74-0.790.380.53-0.72-0.51-0.85-0.27-0.56-0.72-0.63-0.44-0.770.4
0.760.230.530.630.960.610.210.93-0.85-0.180.10.850.220.080.110.85-0.10.51-0.59-0.560.210.940.320.890.27
0.770.980.930.830.180.830.80.48-0.65-0.740.980.680.79-0.25-0.450.660.880.80.34-0.720.210.420.120.63-0.58
0.90.430.710.820.930.80.430.97-0.94-0.410.340.950.45-0.06-0.10.950.040.72-0.44-0.630.940.420.370.95-0.02
0.390.210.290.380.490.40.40.47-0.3-0.570.00.370.4-0.89-0.670.37-0.060.560.3-0.440.320.120.370.39-0.36
0.960.640.850.90.870.880.540.98-0.98-0.510.520.990.54-0.13-0.170.990.310.8-0.3-0.770.890.630.950.39-0.09
-0.32-0.51-0.43-0.470.21-0.48-0.8-0.010.10.86-0.65-0.16-0.80.670.91-0.15-0.39-0.66-0.790.40.27-0.58-0.02-0.36-0.09
Click cells to compare fundamentals

CureVac NV Account Relationship Matchups

CureVac NV fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets130.6M1.5B1.2B860.5M788.2M838.7M
Other Current Liab13.3M56.1M171.4M44.7M88.0M70.9M
Total Current Liabilities28.1M247.6M357.7M156.2M186.4M184.1M
Total Stockholder Equity(42.8M)711.3M688.5M533.3M516.9M447.2M
Net Tangible Assets(48.2M)697.9M676.2M501.5M576.7M407.8M
Property Plant And Equipment Net66.8M104.8M200.4M241.7M278.6M171.9M
Current Deferred Revenue7.5M158.0M55.8M36.8M46.3M56.8M
Net Debt48.5M(1.3B)(782.6M)(453.7M)(360.6M)(378.7M)
Retained Earnings(515.9M)(645.1M)(1.1B)(1.3B)(1.6B)(1.5B)
Accounts Payable5.3M17.6M122.3M68.2M46.4M49.3M
Cash30.7M1.3B811.5M495.8M402.8M565.5M
Non Current Assets Total73.4M121.5M218.2M276.4M309.9M192.9M
Non Currrent Assets Other967K1.1M1.2M1.7M(13.0M)(12.4M)
Other Assets6.3M7.5M5.6M3.0M1.00.95
Cash And Short Term Investments32.1M1.3B816.1M500.3M402.8M575.1M
Net Receivables17.7M1.8M53.7M9.0M17.1M19.5M
Common Stock Shares Outstanding186.9M132.2M186.0M189.1M220.8M200.0M
Short Term Investments1.5M2.6M4.6M4.5M2.7M2.5M
Liabilities And Stockholders Equity130.6M1.5B1.2B860.5M788.2M838.7M
Non Current Liabilities Total145.3M552.4M112.0M171.0M84.9M150.8M
Capital Lease Obligations14.1M55.3M28.9M42.1M41.8M33.4M
Inventory6.2M14.5M56.2M24.0M24.8M23.6M
Other Current Assets1.2M48.3M14.0M20.3M9.0M17.5M
Other Stockholder Equity493.4M1.4B(5.8M)(1.5M)2.1B2.2B
Total Liab173.4M800.0M469.8M327.2M271.3M391.5M
Deferred Long Term Liab966K1.0M515K302K271.8K258.2K
Net Invested Capital22.2M711.3M688.5M533.3M516.9M459.1M
Property Plant And Equipment Gross61.7M104.8M247.4M258.7M301.8M186.0M
Total Current Assets57.2M1.4B940.0M584.0M478.4M645.8M
Accumulated Other Comprehensive Income472.4M1.3B1.7B1.8B2.1B1.4B
Non Current Liabilities Other529K284K264K19K17.1K16.2K
Net Working Capital29.1M1.1B582.3M427.8M292.0M461.7M
Short Term Debt2.0M3.2M3.5M5.0M5.0M3.5M
Intangible Assets5.7M14.1M13.2M19.3M15.9M13.7M

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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.
When determining whether CureVac NV offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CureVac NV's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Curevac Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Curevac Nv Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CureVac NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade CureVac Stock refer to our How to Trade CureVac Stock guide.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CureVac NV. If investors know CureVac will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CureVac NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.49
Revenue Per Share
0.294
Quarterly Revenue Growth
0.905
Return On Assets
(0.25)
Return On Equity
(0.54)
The market value of CureVac NV is measured differently than its book value, which is the value of CureVac that is recorded on the company's balance sheet. Investors also form their own opinion of CureVac NV's value that differs from its market value or its book value, called intrinsic value, which is CureVac NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CureVac NV's market value can be influenced by many factors that don't directly affect CureVac NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CureVac NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if CureVac NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CureVac NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.