Joby Price To Sales Ratio vs Free Cash Flow Yield Analysis

JOBY-WT Stock

1.79 0.19 11.87%

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 Price To Sales Ratio and its Free Cash Flow Yield 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 board of governors.

For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Joby Aviation Price To Sales Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between Joby Aviation's Price To Sales Ratio and Free Cash Flow Yield is 0.37. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Free Cash Flow Yield 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 Price To Sales Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Joby Aviation are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Price To Sales Ratio i.e., Joby Aviation's Price To Sales Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.37

Relationship Direction	Positive
Relationship Strength	Very Weak

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing Joby Aviation stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Joby Aviation sales, a figure that is much harder to manipulate than other Joby Aviation multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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 board of governors.

For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.Selling General Administrative is likely to drop to about 78.8 M in 2024. Sales General And Administrative To Revenue is likely to drop to 81.92 in 2024

	2021	2022	2023	2024 (projected)
Interest Expense	2.4M	118K	106.2K	100.9K
Depreciation And Amortization	15.9M	24.0M	30.5M	21.4M

Interest Expense Depreciation And Amortization

Joby Aviation fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Warrants	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Retained Earnings Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity
Total Assets		0.72	0.79	0.79	1.0	-0.54	0.82	-0.54	0.76	-0.67	-0.79	-0.19	0.73	0.97	0.99	1.0	0.75	-0.54	0.55	-0.54	0.71	-0.99	-0.54	0.94	0.97	0.97
Short Long Term Debt Total	0.72		0.84	0.97	0.75	-0.58	0.99	-0.58	0.94	-0.01	-0.89	0.05	0.07	0.87	0.81	0.68	0.99	-0.58	0.75	0.18	0.99	-0.8	-0.58	0.9	0.84	0.85
Other Current Liab	0.79	0.84		0.91	0.78	-0.9	0.89	-0.9	0.95	-0.21	-1.0	-0.38	0.31	0.86	0.82	0.77	0.9	-0.9	0.89	-0.01	0.81	-0.81	-0.9	0.84	0.81	0.87
Total Current Liabilities	0.79	0.97	0.91		0.8	-0.65	0.99	-0.65	0.94	-0.15	-0.94	-0.18	0.22	0.91	0.85	0.75	0.99	-0.65	0.86	0.06	0.93	-0.84	-0.65	0.94	0.86	0.91
Total Stockholder Equity	1.0	0.75	0.78	0.8		-0.51	0.84	-0.51	0.77	-0.65	-0.78	-0.14	0.71	0.98	1.0	0.99	0.77	-0.51	0.54	-0.51	0.74	-1.0	-0.51	0.96	0.98	0.98
Net Tangible Assets	-0.54	-0.58	-0.9	-0.65	-0.51		-0.62	1.0	-0.8	0.05	0.87	0.48	-0.15	-0.58	-0.54	-0.52	-0.65	1.0	-0.8	-0.11	-0.55	0.54	1.0	-0.53	-0.53	-0.6
Property Plant And Equipment Net	0.82	0.99	0.89	0.99	0.84	-0.62		-0.62	0.95	-0.16	-0.92	-0.04	0.23	0.94	0.89	0.78	0.99	-0.62	0.77	0.03	0.97	-0.88	-0.62	0.95	0.91	0.92
Warrants	-0.54	-0.58	-0.9	-0.65	-0.51	1.0	-0.62		-0.8	0.05	0.87	0.48	-0.15	-0.58	-0.54	-0.52	-0.65	1.0	-0.8	-0.11	-0.55	0.54	1.0	-0.53	-0.53	-0.6
Current Deferred Revenue	0.76	0.94	0.95	0.94	0.77	-0.8	0.95	-0.8		-0.05	-0.96	-0.07	0.14	0.87	0.82	0.72	0.96	-0.8	0.79	0.13	0.94	-0.81	-0.8	0.86	0.85	0.86
Net Debt	-0.67	-0.01	-0.21	-0.15	-0.65	0.05	-0.16	0.05	-0.05		0.18	0.38	-0.99	-0.48	-0.58	-0.72	-0.05	0.05	-0.05	0.97	0.03	0.58	0.05	-0.45	-0.5	-0.52
Retained Earnings	-0.79	-0.89	-1.0	-0.94	-0.78	0.87	-0.92	0.87	-0.96	0.18		0.33	-0.26	-0.88	-0.83	-0.76	-0.93	0.87	-0.9	-0.03	-0.85	0.82	0.87	-0.87	-0.82	-0.88
Accounts Payable	-0.19	0.05	-0.38	-0.18	-0.14	0.48	-0.04	0.48	-0.07	0.38	0.33		-0.4	-0.12	-0.12	-0.21	-0.07	0.48	-0.59	0.22	0.17	0.09	0.48	-0.12	-0.01	-0.2
Cash	0.73	0.07	0.31	0.22	0.71	-0.15	0.23	-0.15	0.14	-0.99	-0.26	-0.4		0.55	0.64	0.77	0.12	-0.15	0.12	-0.95	0.04	-0.64	-0.15	0.51	0.56	0.59
Non Current Assets Total	0.97	0.87	0.86	0.91	0.98	-0.58	0.94	-0.58	0.87	-0.48	-0.88	-0.12	0.55		0.99	0.95	0.89	-0.58	0.66	-0.32	0.86	-0.99	-0.58	0.99	0.99	1.0
Non Currrent Assets Other	0.99	0.81	0.82	0.85	1.0	-0.54	0.89	-0.54	0.82	-0.58	-0.83	-0.12	0.64	0.99		0.98	0.82	-0.54	0.59	-0.43	0.8	-1.0	-0.54	0.98	0.99	0.99
Cash And Short Term Investments	1.0	0.68	0.77	0.75	0.99	-0.52	0.78	-0.52	0.72	-0.72	-0.76	-0.21	0.77	0.95	0.98		0.7	-0.52	0.52	-0.59	0.66	-0.98	-0.52	0.92	0.95	0.96
Net Receivables	0.75	0.99	0.9	0.99	0.77	-0.65	0.99	-0.65	0.96	-0.05	-0.93	-0.07	0.12	0.89	0.82	0.7		-0.65	0.82	0.15	0.97	-0.81	-0.65	0.91	0.85	0.87
Common Stock Total Equity	-0.54	-0.58	-0.9	-0.65	-0.51	1.0	-0.62	1.0	-0.8	0.05	0.87	0.48	-0.15	-0.58	-0.54	-0.52	-0.65		-0.8	-0.11	-0.55	0.54	1.0	-0.53	-0.53	-0.6
Retained Earnings Total Equity	0.55	0.75	0.89	0.86	0.54	-0.8	0.77	-0.8	0.79	-0.05	-0.9	-0.59	0.12	0.66	0.59	0.52	0.82	-0.8		0.2	0.66	-0.57	-0.8	0.69	0.56	0.69
Common Stock Shares Outstanding	-0.54	0.18	-0.01	0.06	-0.51	-0.11	0.03	-0.11	0.13	0.97	-0.03	0.22	-0.95	-0.32	-0.43	-0.59	0.15	-0.11	0.2		0.18	0.44	-0.11	-0.27	-0.36	-0.35
Short Term Investments	0.71	0.99	0.81	0.93	0.74	-0.55	0.97	-0.55	0.94	0.03	-0.85	0.17	0.04	0.86	0.8	0.66	0.97	-0.55	0.66	0.18		-0.79	-0.55	0.87	0.85	0.82
Non Current Liabilities Total	-0.99	-0.8	-0.81	-0.84	-1.0	0.54	-0.88	0.54	-0.81	0.58	0.82	0.09	-0.64	-0.99	-1.0	-0.98	-0.81	0.54	-0.57	0.44	-0.79		0.54	-0.97	-0.99	-0.98
Capital Surpluse	-0.54	-0.58	-0.9	-0.65	-0.51	1.0	-0.62	1.0	-0.8	0.05	0.87	0.48	-0.15	-0.58	-0.54	-0.52	-0.65	1.0	-0.8	-0.11	-0.55	0.54		-0.53	-0.53	-0.6
Inventory	0.94	0.9	0.84	0.94	0.96	-0.53	0.95	-0.53	0.86	-0.45	-0.87	-0.12	0.51	0.99	0.98	0.92	0.91	-0.53	0.69	-0.27	0.87	-0.97	-0.53		0.97	0.99
Other Current Assets	0.97	0.84	0.81	0.86	0.98	-0.53	0.91	-0.53	0.85	-0.5	-0.82	-0.01	0.56	0.99	0.99	0.95	0.85	-0.53	0.56	-0.36	0.85	-0.99	-0.53	0.97		0.98
Other Stockholder Equity	0.97	0.85	0.87	0.91	0.98	-0.6	0.92	-0.6	0.86	-0.52	-0.88	-0.2	0.59	1.0	0.99	0.96	0.87	-0.6	0.69	-0.35	0.82	-0.98	-0.6	0.99	0.98

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Joby Price To Sales Ratio vs Free Cash Flow Yield Analysis

Price To Sales Ratio vs Free Cash Flow Yield

Price To Sales Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Free Cash Flow Yield

Joby Aviation fundamental ratios Correlations

Joby Aviation Account Relationship Matchups

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Thematic Opportunities

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Additional Tools for Joby Stock Analysis

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Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Non Currrent Assets Other	+ 1.0	Total Stockholder Equity
Warrants	+ 1.0	Net Tangible Assets
Common Stock Total Equity	+ 1.0	Net Tangible Assets
Capital Surpluse	+ 1.0	Net Tangible Assets

Non Current Liabilities Total	- 1.0	Non Currrent Assets Other
Non Current Liabilities Total	- 1.0	Total Stockholder Equity
Retained Earnings	- 1.0	Other Current Liab
Other Current Assets	- 0.99	Non Current Liabilities Total
Non Current Liabilities Total	- 0.99	Non Current Assets Total
Cash	- 0.99	Net Debt