BioNTech Good Will vs Other Assets Analysis

0A3M Stock  USD 110.25  4.06  3.55%   
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 Good Will and its Other Assets 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 board of governors.

Good Will vs Other Assets

Good Will vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BioNTech SE Good Will account and Other Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between BioNTech's Good Will and Other Assets is 0.86. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Assets 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 Good Will and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of BioNTech SE are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Good Will i.e., BioNTech's Good Will and Other Assets go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Assets

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 board of governors.
The value of Tax Provision is estimated to slide to about 243 M. The value of Selling General Administrative is expected to slide to about 293.8 M
 2021 2022 2023 2024 (projected)
Gross Profit15.1B12.8B3.2B5.8B
Total Revenue19.0B17.3B3.8B7.5B

BioNTech fundamental ratios Correlations

0.920.450.730.580.460.330.990.890.530.680.70.590.710.70.620.40.310.140.260.590.170.430.90.620.14
0.920.620.890.810.680.60.941.00.770.820.890.750.870.920.830.680.550.380.480.660.40.621.00.840.38
0.450.620.580.590.50.30.530.650.480.270.590.20.450.690.580.50.40.350.360.190.350.620.630.580.35
0.730.890.580.970.930.820.750.910.940.910.990.810.980.940.980.880.860.750.810.830.760.750.930.980.75
0.580.810.590.970.950.890.620.840.980.860.990.750.940.931.00.960.90.80.850.80.80.70.841.00.8
0.460.680.50.930.950.920.470.720.960.860.910.750.930.830.950.90.980.920.960.840.920.80.740.940.92
0.330.60.30.820.890.920.340.630.960.870.850.780.880.790.890.930.910.810.860.820.80.650.650.880.8
0.990.940.530.750.620.470.340.910.550.660.730.570.710.740.650.450.330.160.260.570.190.420.920.660.16
0.891.00.650.910.840.720.630.910.80.840.910.780.890.950.860.720.60.440.540.650.450.671.00.870.44
0.530.770.480.940.980.960.960.550.80.90.960.80.950.910.980.970.920.80.860.840.80.70.810.980.8
0.680.820.270.910.860.860.870.660.840.90.890.950.970.850.880.790.810.670.770.850.680.70.860.880.67
0.70.890.590.990.990.910.850.730.910.960.890.790.960.960.990.930.840.710.780.810.710.680.910.990.71
0.590.750.20.810.750.750.780.570.780.80.950.790.880.80.780.70.720.590.680.650.610.690.780.780.59
0.710.870.450.980.940.930.880.710.890.950.970.960.880.910.950.860.870.740.820.870.750.760.910.960.74
0.70.920.690.940.930.830.790.740.950.910.850.960.80.910.940.880.750.60.670.640.60.730.930.940.6
0.620.830.580.981.00.950.890.650.860.980.880.990.780.950.940.950.890.780.830.820.780.70.871.00.78
0.40.680.50.880.960.90.930.450.720.970.790.930.70.860.880.950.870.760.80.750.750.570.710.950.76
0.310.550.40.860.90.980.910.330.60.920.810.840.720.870.750.890.870.970.990.790.970.780.630.890.97
0.140.380.350.750.80.920.810.160.440.80.670.710.590.740.60.780.760.970.990.691.00.750.460.781.0
0.260.480.360.810.850.960.860.260.540.860.770.780.680.820.670.830.80.990.990.760.990.80.560.830.99
0.590.660.190.830.80.840.820.570.650.840.850.810.650.870.640.820.750.790.690.760.690.50.70.820.68
0.170.40.350.760.80.920.80.190.450.80.680.710.610.750.60.780.750.971.00.990.690.770.480.781.0
0.430.620.620.750.70.80.650.420.670.70.70.680.690.760.730.70.570.780.750.80.50.770.680.70.75
0.91.00.630.930.840.740.650.921.00.810.860.910.780.910.930.870.710.630.460.560.70.480.680.870.46
0.620.840.580.981.00.940.880.660.870.980.880.990.780.960.941.00.950.890.780.830.820.780.70.870.78
0.140.380.350.750.80.920.80.160.440.80.670.710.590.740.60.780.760.971.00.990.681.00.750.460.78
Click cells to compare fundamentals

BioNTech Account Relationship Matchups

BioNTech fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab105.6M494.6M3.2B1.6B540.3M964.9M
Total Current Liabilities138.1M606M3.5B3.0B2.1B1.5B
Other Liab205.6M97.1M109.8M283.9M326.5M200.3M
Net Tangible Assets179.6M406.5M1.2B11.7B13.5B14.1B
Retained Earnings(424.8M)(409.6M)9.9B18.8B19.8B20.8B
Accounts Payable20.5M102.3M160M204.1M354M371.7M
Other Assets2.4M168.2M22.2M249.2M286.6M300.9M
Net Receivables20.2M166.4M12.4B7.1B2.2B3.4B
Inventory12.1M64.1M502.5M439.6M357.7M217.8M
Other Current Assets7.0M89M113.4M271.9M280.9M294.9M
Other Stockholder Equity318.6M691.5M1.5B1.8B2.0B2.1B
Total Current Assets560.2M1.7B15.1B21.9B19.5B20.5B
Property Plant Equipment116.0M148.1M326M520.4M598.5M628.4M
Total Assets797.6M2.3B15.8B23.3B23.0B12.1B
Total Stockholder Equity493.5M1.4B11.9B20.1B20.2B21.3B
Cash519.1M1.2B1.7B13.9B11.7B12.2B
Non Current Assets Total237.5M651.7M758.5M1.4B3.5B3.7B
Non Currrent Assets Other2K1.0M800K6.5M83.4M87.6M
Good Will3.0M53.7M57.8M61.2M362.5M380.6M
Common Stock Shares Outstanding226.8M241.5M242.5M243.2M237.7M260.6M
Short Term Investments1.7M137.2M381.6M189.4M4.9B5.1B
Non Current Liabilities Total166.0M340.8M455.5M272.9M689.9M400.6M
Total Liab304.2M946.8M3.9B3.2B2.8B2.1B
Net Invested Capital493.5M1.4B12.2B20.3B20.5B21.5B
Capital Stock232.3M246.3M246.3M248.6M285.9M259.5M
Net Working Capital422.0M1.1B11.6B19.0B17.5B9.1B
Intangible Assets86.5M109.8M144.6M158.5M804.1M844.3M

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When determining whether BioNTech SE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioNTech'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 Biontech Se Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biontech Se Stock:
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 board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Please note, there is a significant difference between BioNTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if BioNTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioNTech'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.