Wheels Up Experience Balance Sheet Health
Financial Health criteria checks 0/6
Wheels Up Experience has a total shareholder equity of $-117.7M and total debt of $239.6M, which brings its debt-to-equity ratio to -203.7%. Its total assets and total liabilities are $1.0B and $1.2B respectively.
Key information
-203.7%
Debt to equity ratio
US$239.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$115.91m |
| Equity | -US$117.67m |
| Total liabilities | US$1.16b |
| Total assets | US$1.04b |
Recent financial health updates
Recent updates
Wheels Up: Be Patient, But A Turnaround Is In The Works
Nov 22Wheels Up Experience: High Risk, High Reward; Catalysts Are In Place For Rebound (Rating Upgrade)
Aug 12Wheels Up Experience: Can We Trust This Turnaround Plan?
May 29Wheels Up Stock: Still Highly Speculative
Jan 09Wheels Up: Time Might Be Running Up For This Company
Oct 31Wheels Up Experience Avoids Bankruptcy At The Price Of Massive Dilution: Sell
Aug 15Wheels Up Experience: Targeting Non-Existent Customers
Jul 12Flying 'Wheels Up' - Not A Good Idea
Feb 15Wheels Up And The Problems It Must Solve
Nov 11Wheels Up Earnings Take Off
Aug 19Wheels Up Set To Take Flight
Aug 08Todd Smith to join Wheels Up Experience as CFO
Jun 23Wheels Up Experience Inc. (NYSE:UP) Just Reported First-Quarter Earnings And Analysts Are Lifting Their Estimates
May 17
Wheels Up: Democratizing Private Aviation
Nov 08Wheels Up Experience: An Intriguing, If Risky, 'Busted SPAC' Play
Sep 29Financial Position Analysis
Short Term Liabilities: UP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: UP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: UP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: UP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wheels Up Experience Inc. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bellisario | Baird |
| Marvin Fong | BTIG |
| Stephen Ju | Credit Suisse |