Joby Aviation Working Capital to Net Assets Ratio

Latest as of March 2026: 122.5%

Joby Aviation working capital to net assets ratio. Joby Aviation (JOBY) has a Working Capital to Net Assets ratio of 122.5% as of March 2026. Working capital of $2.40 Billion (current assets of $2.51 Billion minus current liabilities of $113.88 Million) is measured against net assets of $1.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Joby Aviation (JOBY) tangible equity ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

122.5%
Working Capital / Net Assets

Working Capital

$2.40 Billion
USD

Current Assets

$2.51 Billion
USD

Current Liabilities

$113.88 Million
USD

Working Capital to Net Assets Ratio of Joby Aviation (2020–2025)

Working capital to net assets ratio of Joby Aviation from 2020 to 2025. This chart shows how Joby Aviation's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 122.5%, reflecting working capital of $2.40 Billion against net assets of $1.96 Billion USD. See JOBY defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Joby Aviation Working Capital to Net Assets Ratio by Year (2020–2025)

Joby Aviation working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Joby Aviation from 2020 to 2025, covering 6 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see how large is Joby Aviation's balance sheet.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2025 98.3% $1.39 Billion $1.41 Billion $1.45 Billion $60.03 Million ▼ -2.7 pp
2024 101.0% $921.47 Million $912.36 Million $969.61 Million $48.13 Million ▲ +3.3 pp
2023 97.7% $1.01 Billion $1.03 Billion $1.06 Billion $45.14 Million ▲ +7.2 pp
2022 90.5% $1.05 Billion $1.16 Billion $1.08 Billion $30.20 Million ▼ -8.6 pp
2021 99.1% $1.30 Billion $1.32 Billion $1.32 Billion $13.85 Million ▲ +255.6 pp
2020 -156.5% $443.18 Million $-283.17 Million $451.18 Million $8.01 Million —
pp = percentage points