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Joby Aviation (Joby Aviation) Debt-to-Equity : 0.03 (As of Dec. 2023)


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What is Joby Aviation Debt-to-Equity?

Joby Aviation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.31 Mil. Joby Aviation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $26.35 Mil. Joby Aviation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,034.36 Mil. Joby Aviation's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Joby Aviation's Debt-to-Equity or its related term are showing as below:

JOBY' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01   Med: 0.01   Max: 0.03
Current: 0.03

During the past 4 years, the highest Debt-to-Equity Ratio of Joby Aviation was 0.03. The lowest was -0.01. And the median was 0.01.

JOBY's Debt-to-Equity is ranked better than
97.05% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs JOBY: 0.03

Joby Aviation Debt-to-Equity Historical Data

The historical data trend for Joby Aviation's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Joby Aviation Debt-to-Equity Chart

Joby Aviation Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.01 - 0.02 0.03

Joby Aviation Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.03 0.02 0.03 0.03

Competitive Comparison of Joby Aviation's Debt-to-Equity

For the Airports & Air Services subindustry, Joby Aviation's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Joby Aviation's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Joby Aviation's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Joby Aviation's Debt-to-Equity falls into.



Joby Aviation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Joby Aviation's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Joby Aviation's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Joby Aviation  (NYSE:JOBY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Joby Aviation Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Joby Aviation's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Joby Aviation (Joby Aviation) Business Description

Traded in Other Exchanges
N/A
Address
2155 Delaware Avenue, Suite 225, Santa Cruz, CA, USA, 95060
Joby Aviation Inc is a transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service.
Executives
Gregory Bowles officer: Head of Government Affairs C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Didier Papadopoulos officer: See Remarks C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Eric Allison officer: Head of Product C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Bonny W Simi officer: See Remarks 4747 BETHESDA AVENUE, SUITE 1100, BETHESDA MD 20814
Matthew Field officer: See Remarks C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Kate Dehoff officer: See Remarks C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Joeben Bevirt director, officer: See Remarks C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Tetsuo Ogawa director C/O JOBY AVIATION, INC., 333 ENCINAL ST., SANTA CRUZ CA 95060
Michael P Huerta director 1800 M STREET NW SUITE 800, WASHINGTON DC 20036
Justin Lang officer: See Remarks C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
Paul Cahill Sciarra director PO BOX 427344, SAN FRANCISCO CA 94142
Sherry Coutu other: FORMER DIRECTOR C/O REINVENT ACQUISITION CORP., 215 PARK AVENUE, FLOOR 11, NEW YORK NY 10003
Joby Holdings, Inc. 10 percent owner C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #225, SANTA CRUZ CA 95060
James Kuffner director C/O JOBY AVIATION, INC., 2155 DELAWARE AVENUE, SUITE #255, SANTA CRUZ CA 95060