Wheels Up Experience Inc (UP) — Net Asset Quality Index
Wheels Up Experience Inc (UP) has a Net Asset Quality Index of -50.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $916.24 Million minus total liabilities of $1.38 Billion yields net assets of $-465.69 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how high is Wheels Up Experience Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Wheels Up Experience Inc Net Asset Quality Index Over Time (2019–2025)
This chart shows how Wheels Up Experience Inc's Net Asset Quality Index has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the index stands at -50.8%, representing net assets of $-465.69 Million against total assets of $916.24 Million USD. See UP total equity for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for Wheels Up Experience Inc (2019–2025)
The table below presents the year-by-year Net Asset Quality Index for Wheels Up Experience Inc from 2019 to 2025, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market cap of Wheels Up Experience Inc.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -40.5% | $-392.10 Million | $968.81 Million | $1.36 Billion | ▼ -23.5 pp |
| 2024 | -16.9% | $-196.23 Million | $1.16 Billion | $1.35 Billion | ▼ -24.5 pp |
| 2023 | 7.6% | $99.87 Million | $1.32 Billion | $1.22 Billion | ▼ -7.6 pp |
| 2022 | 15.2% | $299.92 Million | $1.97 Billion | $1.67 Billion | ▼ -21.9 pp |
| 2021 | 37.2% | $736.23 Million | $1.98 Billion | $1.24 Billion | ▲ +15.6 pp |
| 2020 | 21.6% | $293.83 Million | $1.36 Billion | $1.07 Billion | ▲ +32.3 pp |
| 2019 | -10.7% | $-56.25 Million | $527.63 Million | $583.89 Million | — |