Joby Aviation (JOBY) — Tangible Net Worth Ratio
Joby Aviation (JOBY) has a Tangible Net Worth Ratio of 99.0% as of March 2026. This metric is calculated by deducting intangible assets ($20.36 Million) from net assets ($1.96 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Joby Aviation to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Joby Aviation Tangible Net Worth Ratio (2021–2025)
This chart shows how Joby Aviation's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 99.0%, reflecting net assets of $1.96 Billion with intangible assets of $20.36 Million USD. For live market cap and overall valuation, see JOBY market cap overview.
Annual Tangible Net Worth Ratio for Joby Aviation (2021–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Joby Aviation from 2021 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See JOBY financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.7% | $1.41 Billion | $18.86 Million | $1.80 Billion | ▼ -0.4 pp |
| 2024 | 99.1% | $912.36 Million | $8.13 Million | $1.20 Billion | ▼ -0.3 pp |
| 2023 | 99.4% | $1.03 Billion | $6.58 Million | $1.27 Billion | ▲ +0.4 pp |
| 2022 | 98.9% | $1.16 Billion | $12.58 Million | $1.29 Billion | ▲ +0.8 pp |
| 2021 | 98.1% | $1.32 Billion | $25.27 Million | $1.49 Billion | — |