Joby Aviation Inc.
Joby Aviation Inc. operates in various business sectors.
Joby Aviation Inc. (JOBY-WT) - Net Assets
Latest net assets as of September 2024: $781.04 Million USD
Based on the latest financial reports, Joby Aviation Inc. (JOBY-WT) has net assets worth $781.04 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($964.26 Million) and total liabilities ($183.22 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $781.04 Million |
| % of Total Assets | 81.0% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.18 |
Joby Aviation Inc. - Net Assets Trend (2020–2023)
This chart illustrates how Joby Aviation Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Joby Aviation Inc. (2020–2023)
The table below shows the annual net assets of Joby Aviation Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $1.03 Billion | -11.19% |
| 2022-12-31 | $1.16 Billion | -11.54% |
| 2021-12-31 | $1.32 Billion | +565.01% |
| 2020-12-31 | $-283.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Joby Aviation Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 95141700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $70.00K | 0.01% |
| Other Comprehensive Income | $-480.00K | -0.05% |
| Other Components | $2.28 Billion | 220.67% |
| Total Equity | $1.03 Billion | 100.00% |
Joby Aviation Inc. Competitors by Market Cap
The table below lists competitors of Joby Aviation Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maua Capital Real Estate Fundo De Investimento Imobiliario
SA:MCRE11
|
$14.51K |
|
GOLDQUEST MINING
MU:M1W
|
$14.51K |
|
Trufin PLC
LSE:TRU
|
$14.52K |
|
NATIONAL INVESTMENT COMPANY LIMITED
DSE:NICO
|
$14.53K |
|
SOLUTIANCE AG NA O.N.
F:SLSA
|
$14.47K |
|
PACIFIC BIO CA
BE:P09
|
$14.46K |
|
Monalisa Co. Ltd.
KQ:012690
|
$14.46K |
|
Console Labs S.A.
WAR:CLA
|
$14.46K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Joby Aviation Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,164,741,000 to 1,034,362,000, a change of -130,379,000 (-11.2%).
- Net loss of 513,050,000 reduced equity.
- Dividend payments of 8,973,000 reduced retained earnings.
- Share repurchases of 6,918,000 reduced equity.
- Other comprehensive income increased equity by 8,366,000.
- Other factors increased equity by 390,196,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-513.05 Million | -49.6% |
| Dividends Paid | $8.97 Million | -0.87% |
| Share Repurchases | $6.92 Million | -0.67% |
| Other Comprehensive Income | $8.37 Million | +0.81% |
| Other Changes | $390.20 Million | +37.72% |
| Total Change | $- | -11.19% |
Book Value vs Market Value Analysis
This analysis compares Joby Aviation Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $-0.47 | $1.57 | x |
| 2021-12-31 | $4.47 | $1.57 | x |
| 2022-12-31 | $1.99 | $1.57 | x |
| 2023-12-31 | $1.60 | $1.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Joby Aviation Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -49.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -49714.15%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.23x
- Recent ROE (-49.60%) is below the historical average (-21.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-85.85 Million |
| 2021 | -13.69% | 0.00% | 0.00x | 1.13x | $-312.00 Million |
| 2022 | -22.15% | 0.00% | 0.00x | 1.11x | $-374.52 Million |
| 2023 | -49.60% | -49714.15% | 0.00x | 1.23x | $-616.49 Million |
Industry Comparison
This section compares Joby Aviation Inc.'s net assets metrics with peer companies in the same industry.
No peer company data available for comparison.