Joby Aviation (JOBY)

Net assets on the balance sheet as of September 2024 : A$1.24 Billion

According to Joby Aviation's latest financial reports the company has A$1.24 Billion 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	$A$1.51 B	-11.3%
2022-12-31	$A$1.71 B	-5.76%
2021-12-31	$A$1.81 B	-593.2%
2020-12-31	$-A$0.37 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