BioNTech Short Term Investments vs Cash Analysis

BNTX Stock

USD 111.48 5.16 4.85%

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 Short Term Investments and its Cash 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.

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Short Term Investments account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between BioNTech's Short Term Investments and Cash is 0.75. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Cash 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 Short Term Investments 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 Short Term Investments of BioNTech SE 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 Short Term Investments i.e., BioNTech's Short Term Investments and Cash go up and down completely randomly.

Correlation Coefficient

0.75

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of BioNTech balance sheet. It contains any investments BioNTech SE undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that BioNTech SE can easily liquidate in the marketplace.

Cash

Cash refers to the most liquid asset of BioNTech SE, which is listed under current asset account on BioNTech SE balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from BioNTech customers. The amounts must be unrestricted with restricted cash listed in a different BioNTech 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 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 Expense	5.4M	18.9M	7.7M	7.4M
Depreciation And Amortization	78.2M	121.1M	179.6M	188.6M

Interest Expense Depreciation And Amortization

BioNTech fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Non Current Liabilities Other
Total Assets		0.76	0.82	0.85	1.0	0.98	0.62	-0.93	0.99	0.94	0.94	0.88	0.75	0.94	0.69	0.82	0.64	0.76	0.62	0.87	0.96	0.86	0.75	0.97	1.0	0.14
Short Long Term Debt Total	0.76		0.82	0.88	0.73	0.77	0.76	-0.58	0.68	0.73	0.58	0.59	0.4	0.57	0.78	0.53	0.82	0.43	0.57	0.87	0.66	0.89	0.4	0.74	0.76	0.56
Other Current Liab	0.82	0.82		0.99	0.79	0.72	0.34	-0.64	0.76	0.63	0.64	0.48	0.28	0.58	0.96	0.38	0.59	0.3	0.46	0.98	0.65	0.98	0.28	0.68	0.85	0.04
Total Current Liabilities	0.85	0.88	0.99		0.82	0.78	0.46	-0.68	0.79	0.7	0.67	0.56	0.36	0.63	0.94	0.47	0.67	0.38	0.55	1.0	0.7	1.0	0.36	0.75	0.88	0.14
Total Stockholder Equity	1.0	0.73	0.79	0.82		0.98	0.62	-0.95	1.0	0.95	0.95	0.9	0.78	0.95	0.65	0.83	0.63	0.78	0.61	0.85	0.97	0.84	0.78	0.97	0.99	0.13
Property Plant And Equipment Net	0.98	0.77	0.72	0.78	0.98		0.75	-0.93	0.98	0.98	0.94	0.94	0.82	0.96	0.58	0.88	0.69	0.82	0.64	0.8	0.98	0.8	0.82	0.99	0.97	0.27
Current Deferred Revenue	0.62	0.76	0.34	0.46	0.62	0.75		-0.53	0.6	0.8	0.55	0.79	0.72	0.63	0.27	0.79	0.69	0.74	0.62	0.46	0.67	0.49	0.72	0.77	0.59	0.74
Net Debt	-0.93	-0.58	-0.64	-0.68	-0.95	-0.93	-0.53		-0.95	-0.88	-1.0	-0.86	-0.74	-0.98	-0.44	-0.78	-0.55	-0.72	-0.49	-0.71	-0.98	-0.69	-0.74	-0.91	-0.92	-0.13
Retained Earnings	0.99	0.68	0.76	0.79	1.0	0.98	0.6	-0.95		0.95	0.96	0.91	0.8	0.97	0.61	0.85	0.59	0.8	0.62	0.82	0.97	0.81	0.8	0.97	0.99	0.09
Accounts Payable	0.94	0.73	0.63	0.7	0.95	0.98	0.8	-0.88	0.95		0.9	0.98	0.89	0.94	0.5	0.94	0.68	0.9	0.7	0.73	0.95	0.73	0.89	0.99	0.92	0.28
Cash	0.94	0.58	0.64	0.67	0.95	0.94	0.55	-1.0	0.96	0.9		0.87	0.76	0.98	0.44	0.8	0.55	0.75	0.49	0.71	0.99	0.68	0.76	0.92	0.93	0.14
Non Current Assets Total	0.88	0.59	0.48	0.56	0.9	0.94	0.79	-0.86	0.91	0.98	0.87		0.97	0.94	0.33	0.99	0.57	0.97	0.7	0.6	0.93	0.59	0.97	0.96	0.85	0.24
Non Currrent Assets Other	0.75	0.4	0.28	0.36	0.78	0.82	0.72	-0.74	0.8	0.89	0.76	0.97		0.87	0.15	0.99	0.41	1.0	0.69	0.41	0.82	0.41	1.0	0.87	0.71	0.15
Cash And Short Term Investments	0.94	0.57	0.58	0.63	0.95	0.96	0.63	-0.98	0.97	0.94	0.98	0.94	0.87		0.39	0.89	0.55	0.85	0.58	0.67	0.99	0.65	0.86	0.96	0.92	0.15
Net Receivables	0.69	0.78	0.96	0.94	0.65	0.58	0.27	-0.44	0.61	0.5	0.44	0.33	0.15	0.39		0.25	0.52	0.17	0.37	0.91	0.47	0.92	0.15	0.55	0.72	0.0
Good Will	0.82	0.53	0.38	0.47	0.83	0.88	0.79	-0.78	0.85	0.94	0.8	0.99	0.99	0.89	0.25		0.49	0.99	0.73	0.51	0.86	0.51	0.99	0.92	0.78	0.24
Common Stock Total Equity	0.64	0.82	0.59	0.67	0.63	0.69	0.69	-0.55	0.59	0.68	0.55	0.57	0.41	0.55	0.52	0.49		0.42	0.35	0.66	0.6	0.67	0.4	0.67	0.63	0.44
Short Term Investments	0.76	0.43	0.3	0.38	0.78	0.82	0.74	-0.72	0.8	0.9	0.75	0.97	1.0	0.85	0.17	0.99	0.42		0.72	0.43	0.81	0.43	1.0	0.87	0.71	0.16
Non Current Liabilities Total	0.62	0.57	0.46	0.55	0.61	0.64	0.62	-0.49	0.62	0.7	0.49	0.7	0.69	0.58	0.37	0.73	0.35	0.72		0.6	0.58	0.61	0.7	0.68	0.6	0.23
Inventory	0.87	0.87	0.98	1.0	0.85	0.8	0.46	-0.71	0.82	0.73	0.71	0.6	0.41	0.67	0.91	0.51	0.66	0.43	0.6		0.73	1.0	0.41	0.77	0.9	0.12
Other Current Assets	0.96	0.66	0.65	0.7	0.97	0.98	0.67	-0.98	0.97	0.95	0.99	0.93	0.82	0.99	0.47	0.86	0.6	0.81	0.58	0.73		0.71	0.82	0.97	0.94	0.23
Total Liab	0.86	0.89	0.98	1.0	0.84	0.8	0.49	-0.69	0.81	0.73	0.68	0.59	0.41	0.65	0.92	0.51	0.67	0.43	0.61	1.0	0.71		0.41	0.77	0.89	0.15
Long Term Investments	0.75	0.4	0.28	0.36	0.78	0.82	0.72	-0.74	0.8	0.89	0.76	0.97	1.0	0.86	0.15	0.99	0.4	1.0	0.7	0.41	0.82	0.41		0.87	0.71	0.14
Property Plant And Equipment Gross	0.97	0.74	0.68	0.75	0.97	0.99	0.77	-0.91	0.97	0.99	0.92	0.96	0.87	0.96	0.55	0.92	0.67	0.87	0.68	0.77	0.97	0.77	0.87		0.95	0.25
Total Current Assets	1.0	0.76	0.85	0.88	0.99	0.97	0.59	-0.92	0.99	0.92	0.93	0.85	0.71	0.92	0.72	0.78	0.63	0.71	0.6	0.9	0.94	0.89	0.71	0.95		0.12
Non Current Liabilities Other	0.14	0.56	0.04	0.14	0.13	0.27	0.74	-0.13	0.09	0.28	0.14	0.24	0.15	0.15	0.0	0.24	0.44	0.16	0.23	0.12	0.23	0.15	0.14	0.25	0.12

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BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	797.6M	2.3B	15.8B	23.3B	23.0B	24.2B
Short Long Term Debt Total	76.5M	240.2M	301.5M	212.2M	219.1M	162.4M
Other Current Liab	16.4M	103.1M	3.0B	2.6B	1.3B	979.8M
Total Current Liabilities	138.1M	606.0M	3.5B	3.0B	2.1B	1.3B
Total Stockholder Equity	493.5M	1.4B	11.9B	20.1B	20.2B	21.3B
Other Liab	205.6M	97.1M	109.7M	283.9M	326.5M	166.9M
Net Tangible Assets	179.6M	406.5M	1.2B	11.7B	13.5B	14.1B
Property Plant And Equipment Net	148.1M	326.0M	520.4M	821.1M	971.6M	1.0B
Current Deferred Revenue	93.6M	391.5M	189.1M	77.1M	353.3M	371.0M
Net Debt	(450.2M)	(970.0M)	(1.4B)	(13.7B)	(11.4B)	(10.9B)
Retained Earnings	(424.8M)	(409.6M)	9.9B	18.8B	19.8B	20.8B
Accounts Payable	20.5M	102.3M	160M	204.1M	354M	371.7M
Cash	519.1M	1.2B	1.7B	13.9B	11.7B	12.2B
Non Current Assets Total	237.5M	651.7M	758.5M	1.4B	3.5B	3.7B
Non Currrent Assets Other	2K	1.0M	800K	6.5M	83.4M	87.6M
Other Assets	2.4M	168.2M	22.2M	249.2M	286.6M	300.9M
Long Term Debt	68.9M	231.0M	171.6M	176.2M	191M	116.1M
Cash And Short Term Investments	520.8M	1.3B	2.1B	14.1B	16.5B	17.4B
Net Receivables	20.2M	166.4M	12.4B	7.1B	2.3B	3.0B
Good Will	3.0M	53.7M	57.8M	61.2M	362.5M	380.6M
Common Stock Total Equity	166.8M	193.3M	232.3M	246.3M	283.3M	185.2M
Common Stock Shares Outstanding	211.5M	248.5M	259.7M	249.8M	242.7M	229.1M
Short Term Investments	1.7M	137.2M	381.6M	189.4M	4.9B	5.1B
Liabilities And Stockholders Equity	797.6M	2.3B	15.8B	23.3B	23.0B	24.2B
Non Current Liabilities Total	166.0M	340.8M	455.5M	272.9M	689.9M	378.2M
Inventory	11.7M	64.1M	502.5M	439.6M	357.7M	190.9M
Other Current Assets	1.2M	61.0M	64.9M	271.9M	280.9M	294.9M
Other Stockholder Equity	(5.5M)	1.5B	(3.8M)	(5.3M)	1.2B	1.3B
Total Liab	304.2M	946.8M	3.9B	3.2B	2.8B	1.7B
Property Plant And Equipment Gross	148.1M	326.0M	594.6M	821.1M	1.2B	1.2B
Total Current Assets	560.2M	1.7B	15.1B	21.9B	19.5B	20.5B
Accumulated Other Comprehensive Income	691.5M	25.5M	1.8B	979.3M	(984.6M)	(935.4M)
Short Term Debt	7.6M	9.1M	129.9M	36M	28.1M	32.9M
Intangible Assets	86.5M	109.8M	144.6M	158.5M	804.1M	844.3M
Common Stock	232.3M	246.3M	246.3M	248.6M	285.9M	218.0M
Property Plant Equipment	116.0M	148.1M	326.0M	520.4M	598.5M	628.4M

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BioNTech Short Term Investments vs Cash Analysis

Short Term Investments vs Cash

Short Term Investments vs Cash Correlation Analysis

Correlation Coefficient

Short Term Investments

Cash

BioNTech fundamental ratios Correlations

BioNTech Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BioNTech fundamental ratios Accounts

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Additional Tools for BioNTech Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Inventory	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Short Term Investments	+ 1.0	Non Currrent Assets Other

Cash	- 1.0	Net Debt
Other Current Assets	- 0.98	Net Debt
Cash And Short Term Investments	- 0.98	Net Debt
Retained Earnings	- 0.95	Net Debt
Net Debt	- 0.95	Total Stockholder Equity
Net Debt	- 0.93	Property Plant And Equipment Net