JOBYCAUTIOUS

JOBY Debt-to-Equity Ratio Analysis

0.36x

Higher than 39% of Industrials sector peers

Updated 945h ago·SEC filings & market data

Key Takeaway

The Debt-to-Equity Ratio measures how much debt a company uses to finance its operations relative to shareholders’ equity — a lower number means less reliance on borrowed money.

Sector Performance

39th percentile

JOBY

0.36x

Sector Median

0.62x

Sector Avg

0.69x

Prior Period

0.38x(May 2026)

↑ Improving

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Deep Analysis

The Debt-to-Equity Ratio measures how much debt a company uses to finance its operations relative to shareholders’ equity — a lower number means less reliance on borrowed money.

JOBY’s current ratio of 0.36x is well below the sector median of 0.72x, placing the company at the 33rd percentile among Industrials peers, indicating a conservative capital structure. Trend data is limited: year-over-year change is not available, but the quarter-over-quarter change of -5.3% shows a further decline from 0.38x to 0.36x. The combination of a low leverage level and a decreasing trend suggests reduced financial risk, as the company is becoming less dependent on debt. This metric contradicts the overall CAUTIOUS verdict, because a lower debt-to-equity ratio typically points to stronger financial stability rather than elevated risk.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about JOBY?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

How does JOBY's Debt-to-Equity Ratio compare to its sector?

JOBY's Debt-to-Equity Ratio of 0.36x compares to a Industrials sector median of 0.62x, placing it in the 39th percentile.

Who are JOBY's closest peers by Debt-to-Equity Ratio?

The closest Industrials peers by Debt-to-Equity Ratio include: PWR (0.63x), ADP (0.63x), ROP (0.61x), RTX (0.56x), CHRW (0.79x).

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Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.