Wheels Up Experience Inc
Wheels Up Experience Inc. provides private aviation services in the United States and internationally. The company offers Wheels Up Membership program that consists of two primary membership categories, such as Individual membership for individual and business fliers; and UP for Business membership for small and medium enterprises, as well as custom enterprise solutions for business fliers that t… Read more
Wheels Up Experience Inc (UP) - Net Assets
Latest net assets as of September 2025: $-374.55 Million USD
Based on the latest financial reports, Wheels Up Experience Inc (UP) has net assets worth $-374.55 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($973.00 Million) and total liabilities ($1.35 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-374.55 Million |
| % of Total Assets | -38.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | -166.78% |
| 10-Year Change | N/A |
| Growth Volatility | 158.15 |
Wheels Up Experience Inc - Net Assets Trend (2019–2024)
This chart illustrates how Wheels Up Experience Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wheels Up Experience Inc (2019–2024)
The table below shows the annual net assets of Wheels Up Experience Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-196.23 Million | -296.48% |
| 2023-12-31 | $99.87 Million | -66.70% |
| 2022-12-31 | $299.92 Million | -59.26% |
| 2021-12-31 | $736.23 Million | +150.57% |
| 2020-12-31 | $293.83 Million | +622.32% |
| 2019-12-31 | $-56.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wheels Up Experience Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 198060500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $70.00K | 1.19% |
| Other Comprehensive Income | $-12.66 Million | -215.30% |
| Other Components | $2.12 Billion | 36071.55% |
| Total Equity | $5.88 Million | 100.00% |
Wheels Up Experience Inc Competitors by Market Cap
The table below lists competitors of Wheels Up Experience Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Benfica
LS:SLBEN
|
$26.41 Million |
|
Mohenz.Co.Ltd
KQ:006920
|
$26.41 Million |
|
Acarix AB (publ)
OTCQB:ACIXF
|
$26.42 Million |
|
TWi Biotechnology, Inc.
TWO:6610
|
$26.42 Million |
|
FSA Group Ltd
AU:FSA
|
$26.38 Million |
|
INmune Bio Inc
NASDAQ:INMB
|
$26.38 Million |
|
Nature and Environment Co. Ltd
KQ:043910
|
$26.37 Million |
|
Hapaco Group JSC
VN:HAP
|
$26.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wheels Up Experience Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,476,000 to 5,881,000, a change of 3,405,000 (137.5%).
- Net loss of 339,635,000 reduced equity.
- Share repurchases of 485,000 reduced equity.
- Other comprehensive income decreased equity by 1,958,000.
- Other factors increased equity by 345,483,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-339.63 Million | -5775.12% |
| Share Repurchases | $485.00K | -8.25% |
| Other Comprehensive Income | $-1.96 Million | -33.29% |
| Other Changes | $345.48 Million | +5874.56% |
| Total Change | $- | 137.52% |
Book Value vs Market Value Analysis
This analysis compares Wheels Up Experience Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 65.61x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.23 | $0.55 | x |
| 2020-12-31 | $1.09 | $0.55 | x |
| 2021-12-31 | $3.57 | $0.55 | x |
| 2022-12-31 | $1.22 | $0.55 | x |
| 2023-12-31 | $0.02 | $0.55 | x |
| 2024-12-31 | $0.01 | $0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wheels Up Experience Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5775.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.88%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 196.91x
- Recent ROE (-5775.12%) is below the historical average (-4283.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -25.01% | 0.73x | 0.00x | $-90.65 Million |
| 2020 | -29.37% | -11.32% | 0.51x | 5.08x | $-105.42 Million |
| 2021 | -26.02% | -15.91% | 0.60x | 2.71x | $-263.04 Million |
| 2022 | -185.10% | -35.14% | 0.80x | 6.57x | $-585.15 Million |
| 2023 | -19684.45% | -38.89% | 0.95x | 531.53x | $-487.63 Million |
| 2024 | -5775.12% | -42.88% | 0.68x | 196.91x | $-340.22 Million |
Industry Comparison
This section compares Wheels Up Experience Inc's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $14,639,213,971
- Average return on equity (ROE) among peers: 6.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wheels Up Experience Inc (UP) | $-374.55 Million | 0.00% | N/A | $26.39 Million |
| Auckland International Airport Limited (ACKDF) | $8.38 Billion | 0.52% | 0.29x | $8.10 Billion |
| Aeroports de Paris SA (AEOXF) | $5.80 Billion | 10.52% | 1.77x | $1.25 Billion |
| Airports of Thailand Public Company Limited (AIPUF) | $108.81 Billion | 17.21% | 0.47x | $8.18 Billion |
| Aena S.M.E. S.A (ANNSF) | $4.36 Billion | 19.12% | 2.90x | $45.35 Billion |
| AerSale Corp (ASLE) | $455.62 Million | 1.28% | 0.33x | $174.95 Million |
| Beijing Capital International Airport Company Limited (BJCHF) | $14.89 Billion | -11.40% | 1.19x | $604.88 Million |
| Blade Air Mobility Inc (BLDE) | $274.49 Million | -9.93% | 0.18x | $230.30 Million |
| Corporacion America Airports (CAAP) | $862.37 Million | 19.50% | 3.45x | $462.85 Million |
| CHRRD (CHRRD) | $1.28 Billion | 7.92% | 2.01x | $134.94K |
| Chorus Aviation Inc (CHRRF) | $1.28 Billion | 7.92% | 2.01x | $271.74 Million |