| JOBY Stock | | | USD 6.04 0.20 3.21% |
Joby Aviation financial indicator trend analysis is infinitely more than just investigating Joby Aviation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Joby Aviation is a good investment. Please check the relationship between Joby Aviation Long Term Debt and its Total Assets accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Joby Stock please use our
How to Invest in Joby Aviation guide.
Long Term Debt vs Total Assets
Long Term Debt vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Joby Aviation Long Term Debt account and
Total Assets. At this time, the significance of the direction appears to have pay attention.
The correlation between Joby Aviation's Long Term Debt and Total Assets is -0.98. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Total Assets in the same time period over historical financial statements of Joby Aviation, assuming nothing else is changed. The correlation between historical values of Joby Aviation's Long Term Debt and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Joby Aviation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt i.e., Joby Aviation's Long Term Debt and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.98 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Long Term Debt
Long-term debt is a debt that Joby Aviation has held for over one year. Long-term debt appears on Joby Aviation balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Joby Aviation balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Total Assets
Total assets refers to the total amount of Joby Aviation assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Joby Aviation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Joby Aviation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Joby Aviation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of labor statistics.
For more information on how to buy Joby Stock please use our
How to Invest in Joby Aviation guide.At this time, Joby Aviation's
Tax Provision is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 294.1
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 78.8
M in 2024.
Joby Aviation fundamental ratios Correlations
Click cells to compare fundamentals
Joby Aviation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional 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.