Joby Aviation Inc.
Joby Aviation Inc. operates in various business sectors.
Joby Aviation Inc. (JOBY-WT) - Total Assets
Latest total assets as of September 2024: $964.26 Million USD
Based on the latest financial reports, Joby Aviation Inc. (JOBY-WT) holds total assets worth $964.26 Million USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Joby Aviation Inc. - Total Assets Trend (2020–2023)
This chart illustrates how Joby Aviation Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Joby Aviation Inc. - Asset Composition Analysis
Current Asset Composition (December 2023)
Joby Aviation Inc.'s total assets of $964.26 Million consist of 83.2% current assets and 16.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 16.1% |
| Accounts Receivable | $4.66 Million | 0.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $6.58 Million | 0.5% |
| Goodwill | $14.01 Million | 1.1% |
Asset Composition Trend (2020–2023)
This chart illustrates how Joby Aviation Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Joby Aviation Inc.'s current assets represent 83.2% of total assets in 2023, a decrease from 90.7% in 2020.
- Cash Position: Cash and equivalents constituted 16.1% of total assets in 2023, up from 15.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 1.1% of total assets.
Joby Aviation Inc. Competitors by Total Assets
Key competitors of Joby Aviation Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Joby Aviation Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Joby Aviation Inc. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Joby Aviation Inc. is currently not profitable relative to its asset base.
Joby Aviation Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 16.12 | 22.78 | 0.12 |
| Quick Ratio | 16.12 | 22.48 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $692.03 Million | $ 1.09 Billion | $ -104.01K |
Joby Aviation Inc. - Advanced Valuation Insights
This section examines the relationship between Joby Aviation Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -1.8% |
| Total Assets | $1.27 Billion |
| Market Capitalization | $14.48K USD |
Valuation Analysis
Below Book Valuation: The market values Joby Aviation Inc.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Joby Aviation Inc.'s assets decreased by 1.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Joby Aviation Inc. (2020–2023)
The table below shows the annual total assets of Joby Aviation Inc. from 2020 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.27 Billion | -1.82% |
| 2022-12-31 | $1.29 Billion | -13.13% |
| 2021-12-31 | $1.49 Billion | +199.31% |
| 2020-12-31 | $497.25 Million | -- |