Joby Aviation (JOBY)

Net assets on the balance sheet as of June 2024 : $0.89 Billion USD

According to Joby Aviation's latest financial reports the company has $0.89 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Joby Aviation - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.03 B	-11.19%
2022-12-31	$$1.16 B	-11.54%
2021-12-31	$$1.31 B	-565.01%
2020-12-31	$-$0.29 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Joby Aviation (JOBY) - Net assets