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Wheels Up Experience (Wheels Up Experience) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Wheels Up Experience Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wheels Up Experience's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $97 Mil. Wheels Up Experience's Total Assets for the quarter that ended in Dec. 2023 was $1,316 Mil. Therefore, Wheels Up Experience's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

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

UP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.37
Current: 0.07

During the past 5 years, the highest Equity to Asset Ratio of Wheels Up Experience was 0.37. The lowest was 0.07. And the median was 0.16.

UP's Equity-to-Asset is ranked worse than
93.15% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs UP: 0.07

Wheels Up Experience Equity-to-Asset Historical Data

The historical data trend for Wheels Up Experience's Equity-to-Asset 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.

* Premium members only.

Wheels Up Experience Equity-to-Asset Chart

Wheels Up Experience Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.20 0.37 0.13 0.07

Wheels Up Experience Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.10 0.01 0.11 0.07

Competitive Comparison of Wheels Up Experience's Equity-to-Asset

For the Airports & Air Services subindustry, Wheels Up Experience's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution in the Transportation Industry

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

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



Wheels Up Experience Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=97.397/1316.06
=0.07

Wheels Up Experience's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=97.397/1316.06
=0.07

* 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.


Wheels Up Experience  (NYSE:UP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Wheels Up Experience Equity-to-Asset Related Terms

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


Wheels Up Experience (Wheels Up Experience) Business Description

Traded in Other Exchanges
N/A
Address
601 West 26th Street, Suite 900, New York, NY, USA, 10001
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