Joby Aviation Net Income vs. Revenue
| JOBY-WT Stock | 1.82 0.08 4.60% |
Net Loss | First Reported 2010-12-31 | Previous Quarter -513 M | Current Value -487.4 M | Quarterly Volatility 136.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.65 | 0.73 |
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For Joby Aviation profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Joby Aviation to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Joby Aviation utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Joby Aviation's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Joby Aviation over time as well as its relative position and ranking within its peers.
Joby |
Joby Aviation Revenue vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Joby Aviation's current stock value. Our valuation model uses many indicators to compare Joby Aviation value to that of its competitors to determine the firm's financial worth. Joby Aviation is rated third overall in net income category among its peers. It is rated second overall in revenue category among its peers . At this time, Joby Aviation's Net Loss is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Joby Aviation by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Joby Revenue vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Joby Aviation |
| = | (513.05 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Joby Aviation |
| = | 1.03 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Joby Aviation Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Joby Aviation, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Joby Aviation will eventually generate negative long term returns. The profitability progress is the general direction of Joby Aviation's change in net profit over the period of time. It can combine multiple indicators of Joby Aviation, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -480 K | -504 K | |
| Operating Income | -472.1 M | -495.7 M | |
| Income Before Tax | -512.9 M | -487.3 M | |
| Total Other Income Expense Net | -40.8 M | -38.8 M | |
| Net Loss | -513 M | -487.4 M | |
| Income Tax Expense | 139 K | 145.9 K | |
| Net Loss | (0.79) | (0.83) | |
| Income Quality | 0.61 | 0.97 | |
| Net Income Per E B T | 1.00 | 0.79 |
Joby Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Joby Aviation. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Joby Aviation position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Joby Aviation's important profitability drivers and their relationship over time.
| Net Income vs EBITDA | ||
| Total Debt vs Revenue | ||
| Net Income vs Cash Flow From Operations | ||
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| Net Income vs Retained Earnings |
Use Joby Aviation in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Joby Aviation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Joby Aviation will appreciate offsetting losses from the drop in the long position's value.Joby Aviation Pair Trading
Joby Aviation Pair Trading Analysis
The ability to find closely correlated positions to Joby Aviation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Joby Aviation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Joby Aviation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Joby Aviation to buy it.
The correlation of Joby Aviation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Joby Aviation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Joby Aviation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Joby Aviation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Joby Aviation position
In addition to having Joby Aviation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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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.