Wheels Up Experience (Wheels Up Experience) Cash-to-Debt : 0.78 (As of Dec. 2023)

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What is Wheels Up Experience Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Wheels Up Experience's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.78.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Wheels Up Experience couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Wheels Up Experience's Cash-to-Debt or its related term are showing as below:

UP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.78 Med: 1.35 Max: 6.82
Current: 0.78

During the past 5 years, Wheels Up Experience's highest Cash to Debt Ratio was 6.82. The lowest was 0.78. And the median was 1.35.

UP's Cash-to-Debt is ranked better than
61.59% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs UP: 0.78

Wheels Up Experience Cash-to-Debt Historical Data

The historical data trend for Wheels Up Experience's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Wheels Up Experience Cash-to-Debt Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

1.10

6.82

1.60

0.78

Wheels Up Experience Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										1.60	1.12	0.49	0.77	0.78

Competitive Comparison of Wheels Up Experience's Cash-to-Debt

For the Airports & Air Services subindustry, Wheels Up Experience's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wheels Up Experience's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Cash-to-Debt falls into.

Wheels Up Experience Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Wheels Up Experience's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	263.909	/	(46.867	+	290.03)
	=	0.78

Wheels Up Experience's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	263.909	/	(46.867	+	290.03)
	=	0.78

Wheels Up Experience (NYSE:UP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Wheels Up Experience Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Wheels Up Experience's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Wheels Up Experience (Wheels Up Experience) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wheels Up Experience Inc (NYSE:UP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 West 26th Street, Suite 900, New York, NY, USA, 10001

Website

https://www.wheelsup.com

Wheels Up Experience Inc is the provider of on-demand private aviation in the United States. It is pioneering data and technology-driven solutions that connect consumers to safety-vetted and verified private aircraft. Its offerings consist of multi-tiered membership programs, on-demand flights across all private aircraft cabin categories, aircraft management, retail and wholesale charter, aircraft sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel benefits through its strategic partnership with Delta.

Executives

Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Adam Ross Zirkin	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Alain Bellemare	director	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Cantor Adam Corey	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Ck Wheels Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Ck Opportunities Gp, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Zachary George Lazar	director	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Kristen Lauria	officer: See Remarks	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192