BioNTech Cash And Short Term Investments vs Non Currrent Assets Other Analysis

BNTX Stock  USD 114.33  0.82  0.72%   
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 Cash And Short Term Investments and its Non Currrent Assets Other 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.

Cash And Short Term Investments vs Non Currrent Assets Other

Cash And Short Term Investments vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Cash And Short Term Investments account and Non Currrent Assets Other. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BioNTech's Cash And Short Term Investments and Non Currrent Assets Other is 0.85. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Non Currrent Assets Other 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 Cash And Short Term Investments and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of BioNTech SE are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Cash And Short Term Investments i.e., BioNTech's Cash And Short Term Investments and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of BioNTech SE balance sheet. This account contains BioNTech investments that will expire within one year. These investments include stocks and bonds that can be liquidated by BioNTech SE fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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
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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 Liab16.4M487.6M1.6B2.1B1.2B751.8M
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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