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JOBY · CIK 0001819848 · FY2025 live · 2025-12-31

Joby Aviation, Inc.

DistressSEC 10-KClassic ZIndustrials23rd percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

−0.34

Zone

Distress

Prior

—

Market DD

—

1y PD

—

−0.34

Z″ 1.15

−21.83.08+

Score −0.34 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.77
    1.2 × = 0.93

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −1.55
    1.4 × = −2.17

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.40
    3.3 × = −1.32

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    3.66
    0.6 × = 2.19

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.03
    1 × = 0.03

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

34.45

from 35.18

0–100 · Classic Z family

  • Book standing

    32

  • Year change

    —

  • Market PD

    —

  • O-score

    41

Events on this name

Same published rows as Today.

  • Large rank drop

    material · 67

    • Meridian Rank: 35.18 → 34.45

Overview

rule-v1

Joby Aviation, Inc. is on classic Z at −0.34 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Distress; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 23rd percentile in Industrials.

Filing line items

Current assets

$1.4B

Total assets

$1.8B

Current liabilities

$60M

Total liabilities

$385M

Working capital

$1.4B

Retained earnings

−$2.8B

EBIT

−$720M

Total sales

$53M

Book equity

$1.4B

Accession 0001819848-26-000160. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.