Joby Aviation Financials
| JOBY-WT Stock | 1.90 0.08 4.40% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 22.22 | 23.3904 |
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The financial analysis of Joby Aviation is a critical element in measuring its lifeblood. Investors should not minimize Joby Aviation's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income |
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Joby | Select Account or Indicator |
Understanding current and past Joby Aviation Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Joby Aviation's financial statements are interrelated, with each one affecting the others. For example, an increase in Joby Aviation's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Joby Aviation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Joby Aviation. Check Joby Aviation's Beneish M Score to see the likelihood of Joby Aviation's management manipulating its earnings.
Joby Aviation Stock Summary
Joby Aviation competes with Blade Air. Joby Aviation is entity of United States. It is traded as Stock on NYSE exchange.| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| Benchmark | Dow Jones Industrial |
Joby Aviation Key Financial Ratios
| Revenue | 1.03 M | |||
| EBITDA | (441.6 M) | |||
| Net Income | (513.05 M) | |||
| Total Asset | 1.27 B | |||
| Retained Earnings | (1.25 B) |
Joby Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Joby Aviation's current stock value. Our valuation model uses many indicators to compare Joby Aviation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Joby Aviation competition to find correlations between indicators driving Joby Aviation's intrinsic value. More Info.Joby Aviation is rated second overall in revenue category among its peers. It is rated third overall in ebitda category among its peers . At this time, Joby Aviation's Total Revenue is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Joby Aviation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Joby Aviation Systematic Risk
Joby Aviation's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Joby Aviation volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Joby Aviation correlated with the market. If Beta is less than 0 Joby Aviation generally moves in the opposite direction as compared to the market. If Joby Aviation Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Joby Aviation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Joby Aviation is generally in the same direction as the market. If Beta > 1 Joby Aviation moves generally in the same direction as, but more than the movement of the benchmark.
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Joby Aviation is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Joby has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Joby Aviation's financials are consistent with your investment objective using the following steps:- Review Joby Aviation's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Joby Aviation's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Joby Aviation's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Joby Aviation's stock is overvalued or undervalued.
Today, most investors in Joby Aviation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Joby Aviation's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Joby Aviation growth as a starting point in their analysis.
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Joby Aviation November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Joby Aviation help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Joby Aviation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Joby Aviation based on widely used predictive technical indicators. In general, we focus on analyzing Joby Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Joby Aviation's daily price indicators and compare them against related drivers.
| Downside Deviation | 7.5 | |||
| Information Ratio | 0.177 | |||
| Maximum Drawdown | 85.61 | |||
| Value At Risk | (9.78) | |||
| Potential Upside | 18.92 |
Additional Tools for Joby Stock Analysis
When running Joby Aviation's price analysis, check to measure Joby Aviation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.