GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Joby Aviation Inc (NYSE:JOBY) » Definitions » LT-Debt-to-Total-Asset

Joby Aviation (Joby Aviation) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Joby Aviation LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Joby Aviation's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Joby Aviation's long-term debt to total assets ratio increased from Dec. 2022 (0.02) to Dec. 2023 (0.02). It may suggest that Joby Aviation is progressively becoming more dependent on debt to grow their business.

Joby Aviation LT-Debt-to-Total-Asset Historical Data

The historical data trend for Joby Aviation's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Joby Aviation Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.02 0.02

Joby Aviation Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset 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 0.02 0.02 0.02 0.02

Joby Aviation LT-Debt-to-Total-Asset Calculation

Joby Aviation's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=26.349/1269.435
=0.02

Joby Aviation's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=26.349/1269.435
=0.02

* 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) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Joby Aviation LT-Debt-to-Total-Asset Related Terms

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

Joby Aviation (Joby Aviation) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Joby Aviation Inc (NYSE:JOBY) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
CAAP ASLE UP BLDE SKAS BKK:AOT XMAD:AENA SHSE:600009 XPAR:ADP ASURB NZSE:AIA HSTC:ACV GAPB XSWX:FHZN OCSE:KBHL XTER:FRA WBO:FLU KUW:AGLTY TSE:9706 BOM:532754
Traded in Other Exchanges
N/A
Address
2155 Delaware Avenue, Suite 225, Santa Cruz, CA, USA, 95060
Website
https://www.jobyaviation.com
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