UP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
UP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Wheels Up Experience's Total Assets for the quarter that ended in Mar. 2024 was $1,181 Mil.
During the past 12 months, Wheels Up Experience's average Total Assets Growth Rate was -25.70% per year. During the past 3 years, the average Total Assets Growth Rate was 0.20% per year.
During the past 5 years, Wheels Up Experience's highest 3-Year average Total Assets Growth Rate was 0.20%. The lowest was 0.20%. And the median was 0.20%.
Total Assets is connected with ROA %. Wheels Up Experience's annualized ROA % for the quarter that ended in Mar. 2024 was -31.20%. Total Assets is also linked to Revenue through Asset Turnover. Wheels Up Experience's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.
The historical data trend for Wheels Up Experience's Total Assets 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.
Wheels Up Experience Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Total Assets | - | 1,359.99 | 1,981.06 | 1,923.23 | 1,316.06 |
Wheels Up Experience Quarterly Data | ||||||||||||||||
Dec19 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | Get a 7-Day Free Trial | 1,710.46 | 1,386.17 | 1,327.69 | 1,316.06 | 1,181.29 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Wheels Up Experience's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (A: Dec. 2023 ) | + | Total Liabilities (A: Dec. 2023 ) |
= | 97.397 | + | 1218.663 | |
= | 1,316 |
Wheels Up Experience's Total Assets for the quarter that ended in Mar. 2024 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2024 ) | + | Total Liabilities (Q: Mar. 2024 ) |
= | 0.936 | + | 1180.356 | |
= | 1,181 |
* 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) Total Assets Explanation
Total Assets is connected with ROA %.
Wheels Up Experience's annualized ROA % for the quarter that ended in Mar. 2024 is
ROA % | = | Net Income (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | -389.572 | / | ( (1316.06 | + | 1181.292) | / 2 ) | |
= | -389.572 | / | 1248.676 | ||||
= | -31.20 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Wheels Up Experience's Asset Turnover for the quarter that ended in Mar. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 197.101 | / | ( (1316.06 | + | 1181.292) | / 2 ) |
= | 197.101 | / | 1248.676 | |||
= | 0.16 |
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Wheels Up Experience's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
From GuruFocus
By PRNewswire • 10-19-2023
By PRNewswire • 08-09-2023
By PRNewswire • 01-09-2024
By GuruFocus Research • 11-09-2023
By PRNewswire PRNewswire • 06-19-2023
By Business Wire Business Wire • 06-16-2023
By PRNewswire PRNewswire • 06-10-2023
By sperokesalga sperokesalga • 06-20-2023
By sperokesalga sperokesalga • 06-15-2023
By PRNewswire • 09-14-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.