Joby Ptb Ratio vs Ev To Operating Cash Flow Analysis
JOBY-WT Stock | 2.30 0.40 21.05% |
Joby Aviation financial indicator trend analysis is infinitely more than just investigating Joby Aviation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joby Aviation is a good investment. Please check the relationship between Joby Aviation Ptb Ratio and its Ev To Operating Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. 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. For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.
Ptb Ratio vs Ev To Operating Cash Flow
Ptb Ratio vs Ev To Operating Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joby Aviation Ptb Ratio account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have totally related.
The correlation between Joby Aviation's Ptb Ratio and Ev To Operating Cash Flow is 0.99. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Joby Aviation, assuming nothing else is changed. The correlation between historical values of Joby Aviation's Ptb Ratio and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Joby Aviation are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Ptb Ratio i.e., Joby Aviation's Ptb Ratio and Ev To Operating Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.Most indicators from Joby Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joby Aviation 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. 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. For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.Selling General Administrative is likely to drop to about 78.8 M in 2024. Sales General And Administrative To Revenue is likely to drop to 81.92 in 2024
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 118K | 106.2K | 100.9K | Depreciation And Amortization | 15.9M | 24.0M | 30.5M | 21.4M |
Joby Aviation fundamental ratios Correlations
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Joby Aviation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.