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 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