Wheels Up Experience Inc (UP) — Working Capital to Net Assets Ratio
Wheels Up Experience Inc (UP) has a Working Capital to Net Assets ratio of 148.1% as of March 2026. Working capital of $-689.57 Million (current assets of $164.79 Million minus current liabilities of $854.36 Million) is measured against net assets of $-465.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see how large is Wheels Up Experience Inc's balance sheet.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wheels Up Experience Inc Working Capital to Net Assets (2019–2025)
This chart shows how Wheels Up Experience Inc's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 148.1%, reflecting working capital of $-689.57 Million against net assets of $-465.69 Million USD. Explore capital reinvestment ratio of Wheels Up Experience Inc to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Wheels Up Experience Inc (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wheels Up Experience Inc from 2019 to 2025, covering 7 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read UP current and long-term liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 167.9% | $-658.20 Million | $-392.10 Million | $249.36 Million | $907.56 Million | ▼ -130.4 pp |
| 2024 | 298.2% | $-585.22 Million | $-196.23 Million | $332.07 Million | $917.28 Million | ▲ +772.3 pp |
| 2023 | -474.1% | $-473.47 Million | $99.87 Million | $434.03 Million | $907.50 Million | ▼ -299.2 pp |
| 2022 | -174.9% | $-524.60 Million | $299.92 Million | $819.62 Million | $1.34 Billion | ▼ -147.5 pp |
| 2021 | -27.4% | $-201.96 Million | $736.23 Million | $933.07 Million | $1.14 Billion | ▲ +123.8 pp |
| 2020 | -151.2% | $-444.39 Million | $293.83 Million | $395.52 Million | $839.91 Million | ▼ -605.1 pp |
| 2019 | 453.8% | $-255.29 Million | $-56.25 Million | $128.43 Million | $383.72 Million | — |