Joby Aviation Stock Cash Per Share

JOBY Stock  USD 6.80  0.60  9.68%   
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 ReportedProjected for Next Year
Cash Per Share 1.59  2.35 
Cash Per Share is likely to rise to 2.35 in 2024.
  
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Joby Aviation Company Cash Per Share Analysis

Joby Aviation's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Cash Per Share

 = 

Total Cash

Average Shares

More About Cash Per Share | All Equity Analysis

Current Joby Aviation Cash Per Share

    
  1.89 X  
Most of Joby Aviation's fundamental indicators, such as Cash Per Share, 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 Cash Per Share 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 Cash Per Share. 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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Joby Cash Per Share Historical Pattern

Today, most investors in Joby Aviation Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Joby Aviation's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Joby Aviation cash per share as a starting point in their analysis.
   Joby Aviation Cash Per Share   
       Timeline  
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Competition

Joby Common Stock Shares Outstanding

Common Stock Shares Outstanding

586.35 Million

At this time, Joby Aviation's Common Stock Shares Outstanding is fairly stable compared to the past year.
In accordance with the recently published financial statements, Joby Aviation has a Cash Per Share of 1.89 times. This is 34.6% lower than that of the Passenger Airlines sector and 72.08% lower than that of the Industrials industry. The cash per share for all United States stocks is 62.28% higher than that of the company.

Joby Cash Per Share 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 Cash Per Share 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 cash per share category among its peers.

Joby Aviation ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Joby Aviation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Joby Aviation's managers, analysts, and investors.
Environmental
Governance
Social

Joby Fundamentals

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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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.