Joby Aviation Stock Working Capital
| JOBY Stock | USD 5.38 0.16 3.07% |
Joby Aviation fundamentals help investors to digest information that contributes to Joby Aviation's financial success or failures. It also enables traders to predict the movement of Joby Stock. The fundamental analysis module provides a way to measure Joby Aviation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Joby Aviation stock.
| Last Reported | Projected for Next Year | ||
| Net Working Capital | 1 B | 1 B | |
| Change In Working Capital | 8.9 M | 8.5 M | |
| Working Capital | 0.00 | 0.00 |
Joby | Working Capital |
Joby Aviation Company Working Capital Analysis
Joby Aviation's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Current Joby Aviation Working Capital | 1.01 B |
Most of Joby Aviation's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Joby Aviation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Joby Working Capital Driver Correlations
Understanding the fundamental principles of building solid financial models for Joby Aviation is extremely important. It helps to project a fair market value of Joby Stock properly, considering its historical fundamentals such as Working Capital. Since Joby Aviation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Joby Aviation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Joby Aviation's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Joby Capital Surpluse
Capital Surpluse |
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According to the company's disclosures, Joby Aviation has a Working Capital of 1.01 B. This is 213.65% higher than that of the Ground Transportation sector and 30.39% lower than that of the Industrials industry. The working capital for all United States stocks is 31.63% higher than that of the company.
Joby Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Joby Aviation's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Joby Aviation could also be used in its relative valuation, which is a method of valuing Joby Aviation by comparing valuation metrics of similar companies.Joby Aviation is currently under evaluation in working capital category among related companies.
Joby Fundamentals
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.23 | ||||
| Operating Margin | (124.27) % | ||||
| Current Valuation | 2.79 B | ||||
| Shares Outstanding | 706.66 M | ||||
| Shares Owned By Insiders | 36.70 % | ||||
| Shares Owned By Institutions | 41.93 % | ||||
| Number Of Shares Shorted | 76.83 M | ||||
| Price To Book | 3.14 X | ||||
| Price To Sales | 3,147 X | ||||
| Revenue | 1.03 M | ||||
| EBITDA | (355.22 M) | ||||
| Net Income | (513.05 M) | ||||
| Cash And Equivalents | 1.15 B | ||||
| Cash Per Share | 1.89 X | ||||
| Total Debt | 30.66 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 39.24 X | ||||
| Book Value Per Share | 1.48 X | ||||
| Cash Flow From Operations | (313.83 M) | ||||
| Short Ratio | 16.02 X | ||||
| Earnings Per Share | (0.79) X | ||||
| Price To Earnings To Growth | 0.75 X | ||||
| Target Price | 7.67 | ||||
| Number Of Employees | 1.78 K | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 3.8 B | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | 1.01 B | ||||
| Net Asset | 1.27 B |
About Joby Aviation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Joby Aviation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joby Aviation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joby Aviation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Joby Aviation Piotroski F Score and Joby Aviation Altman Z Score analysis. For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.Note that the Joby Aviation information on this page should be used as a complementary analysis to other Joby Aviation's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary 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.
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Is Joby Aviation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Joby Aviation. If investors know Joby will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Joby Aviation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Revenue Per Share 0.002 | Return On Assets (0.23) | Return On Equity (0.47) |
The market value of Joby Aviation is measured differently than its book value, which is the value of Joby that is recorded on the company's balance sheet. Investors also form their own opinion of Joby Aviation's value that differs from its market value or its book value, called intrinsic value, which is Joby Aviation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Joby Aviation's market value can be influenced by many factors that don't directly affect Joby Aviation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Joby Aviation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Joby Aviation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joby Aviation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.