Wheels Total Assets from 2010 to 2024

UP Stock

USD 2.18 0.09 4.31%

Wheels Up Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to grow to about 1.6 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

2010-12-31

Previous Quarter

1.3 B

Current Value

1.6 B

Quarterly Volatility

569.6 M

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Yuan Drop

Covid

Check Wheels Up financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wheels Up's main balance sheet or income statement drivers, such as Interest Expense of 43.3 M, Tax Provision of 436.8 K or Interest Income of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0 or PTB Ratio of 4.89. Wheels financial statements analysis is a perfect complement when working with Wheels Up Valuation or Volatility modules.

Check out the analysis of Wheels Up Correlation against competitors.

Latest Wheels Up's Total Assets Growth Pattern

Below is the plot of the Total Assets of Wheels Up Experience over the last few years. Total assets refers to the total amount of Wheels Up assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Wheels Up Experience books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Wheels Up's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wheels Up's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.32 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Wheels Total Assets Regression Statistics

	Arithmetic Mean	898,600,137
	Geometric Mean	766,169,528
	Coefficient Of Variation	63.39
	Mean Deviation	494,620,183
	Median	527,635,000
	Standard Deviation	569,595,418
	Sample Variance	324438.9T
	Range	1.5B
	R-Value	0.77
	Mean Square Error	140332.8T
	R-Squared	0.60
	Significance	0.0007
	Slope	98,521,541
	Total Sum of Squares	4542145.2T

Wheels Total Assets History

	2024	1.6 B
	2023	1.3 B
	2022	2 B
	2021	2 B
	2020	1.4 B

Other Fundumenentals of Wheels Up Experience

Intangibles To Total Assets

Wheels Up Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Short Term Investments	Capital Surpluse	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Cash And Equivalents
Total Assets		0.82	0.21	-0.83	-0.79	0.78	0.97	0.97	0.97	0.54	0.98	0.81	0.95	-0.95	0.5	0.89	-0.07	-0.4	0.86	0.42	-0.88	0.47	0.23	-0.63
Total Stockholder Equity	0.82		0.54	-0.98	-0.34	0.64	0.77	0.83	0.67	0.32	0.86	0.61	0.75	-0.7	0.02	0.66	-0.55	0.08	0.58	0.82	-0.59	0.09	0.68	-0.09
Net Tangible Assets	0.21	0.54		-0.64	0.09	0.59	0.15	0.09	0.03	0.43	0.37	-0.19	-0.02	0.0	-0.39	0.3	-0.76	0.17	0.28	0.77	-0.29	-0.06	0.84	0.22
Net Debt	-0.83	-0.98	-0.64		0.38	-0.75	-0.78	-0.8	-0.69	-0.45	-0.89	-0.56	-0.71	0.68	-0.05	-0.72	0.55	-0.03	-0.66	-0.83	0.67	-0.15	-0.7	0.15
Retained Earnings	-0.79	-0.34	0.09	0.38		-0.63	-0.74	-0.73	-0.86	-0.69	-0.73	-0.53	-0.78	0.87	-0.83	-0.71	-0.37	0.79	-0.9	0.16	0.91	-0.85	0.17	0.95
Accounts Payable	0.78	0.64	0.59	-0.75	-0.63		0.8	0.62	0.75	0.78	0.86	0.47	0.55	-0.6	0.35	0.92	-0.14	-0.32	0.85	0.53	-0.87	0.39	0.29	-0.57
Net Receivables	0.97	0.77	0.15	-0.78	-0.74	0.8		0.93	0.97	0.51	0.96	0.88	0.89	-0.89	0.5	0.94	0.02	-0.32	0.82	0.43	-0.84	0.37	0.11	-0.62
Good Will	0.97	0.83	0.09	-0.8	-0.73	0.62	0.93		0.93	0.36	0.93	0.86	0.99	-0.97	0.43	0.78	-0.11	-0.36	0.75	0.4	-0.77	0.4	0.24	-0.53
Total Liab	0.97	0.67	0.03	-0.69	-0.86	0.75	0.97	0.93		0.59	0.93	0.83	0.92	-0.94	0.67	0.89	0.18	-0.45	0.89	0.24	-0.9	0.55	0.0	-0.76
Deferred Long Term Liab	0.54	0.32	0.43	-0.45	-0.69	0.78	0.51	0.36	0.59		0.58	0.05	0.37	-0.48	0.66	0.59	0.17	-0.37	0.88	0.1	-0.84	0.77	0.13	-0.69
Total Current Assets	0.98	0.86	0.37	-0.89	-0.73	0.86	0.96	0.93	0.93	0.58		0.76	0.89	-0.89	0.4	0.92	-0.18	-0.34	0.86	0.54	-0.89	0.41	0.34	-0.56
Short Term Debt	0.81	0.61	-0.19	-0.56	-0.53	0.47	0.88	0.86	0.83	0.05	0.76		0.82	-0.77	0.33	0.76	0.09	-0.22	0.48	0.31	-0.52	0.06	-0.1	-0.43
Intangible Assets	0.95	0.75	-0.02	-0.71	-0.78	0.55	0.89	0.99	0.92	0.37	0.89	0.82		-0.99	0.52	0.72	0.0	-0.42	0.76	0.26	-0.78	0.5	0.16	-0.6
Common Stock	-0.95	-0.7	0.0	0.68	0.87	-0.6	-0.89	-0.97	-0.94	-0.48	-0.89	-0.77	-0.99		-0.62	-0.75	-0.06	0.52	-0.84	-0.19	0.85	-0.61	-0.11	0.7
Property Plant Equipment	0.5	0.02	-0.39	-0.05	-0.83	0.35	0.5	0.43	0.67	0.66	0.4	0.33	0.52	-0.62		0.43	0.76	-0.53	0.72	-0.46	-0.68	0.85	-0.5	-0.9
Current Deferred Revenue	0.89	0.66	0.3	-0.72	-0.71	0.92	0.94	0.78	0.89	0.59	0.92	0.76	0.72	-0.75	0.43		0.0	-0.39	0.82	0.45	-0.85	0.32	0.09	-0.64
Long Term Debt	-0.07	-0.55	-0.76	0.55	-0.37	-0.14	0.02	-0.11	0.18	0.17	-0.18	0.09	0.0	-0.06	0.76	0.0		-0.3	0.14	-0.79	-0.1	0.42	-0.93	-0.6
Short Term Investments	-0.4	0.08	0.17	-0.03	0.79	-0.32	-0.32	-0.36	-0.45	-0.37	-0.34	-0.22	-0.42	0.52	-0.53	-0.39	-0.3		-0.52	0.43	0.58	-0.68	0.27	0.78
Capital Surpluse	0.86	0.58	0.28	-0.66	-0.9	0.85	0.82	0.75	0.89	0.88	0.86	0.48	0.76	-0.84	0.72	0.82	0.14	-0.52		0.19	-0.99	0.78	0.13	-0.82
Net Invested Capital	0.42	0.82	0.77	-0.83	0.16	0.53	0.43	0.4	0.24	0.1	0.54	0.31	0.26	-0.19	-0.46	0.45	-0.79	0.43	0.19		-0.21	-0.38	0.79	0.35
Short Long Term Debt	-0.88	-0.59	-0.29	0.67	0.91	-0.87	-0.84	-0.77	-0.9	-0.84	-0.89	-0.52	-0.78	0.85	-0.68	-0.85	-0.1	0.58	-0.99	-0.21		-0.75	-0.14	0.82
Capital Stock	0.47	0.09	-0.06	-0.15	-0.85	0.39	0.37	0.4	0.55	0.77	0.41	0.06	0.5	-0.61	0.85	0.32	0.42	-0.68	0.78	-0.38	-0.75		-0.13	-0.83
Net Working Capital	0.23	0.68	0.84	-0.7	0.17	0.29	0.11	0.24	0.0	0.13	0.34	-0.1	0.16	-0.11	-0.5	0.09	-0.93	0.27	0.13	0.79	-0.14	-0.13		0.42
Cash And Equivalents	-0.63	-0.09	0.22	0.15	0.95	-0.57	-0.62	-0.53	-0.76	-0.69	-0.56	-0.43	-0.6	0.7	-0.9	-0.64	-0.6	0.78	-0.82	0.35	0.82	-0.83	0.42

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About Wheels Up Financial Statements

Wheels Up shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although Wheels Up investors may analyze each financial statement separately, they are all interrelated. The changes in Wheels Up's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wheels Up's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	1.3 B	1.6 B
Intangibles To Total Assets	0.26	0.21

Pair Trading with Wheels Up

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wheels Up position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wheels Up will appreciate offsetting losses from the drop in the long position's value.

Moving together with Wheels Stock

0.66

OMAB

Grupo Aeroportuario del

Pair Corr

Moving against Wheels Stock

0.44

Boeing Fiscal Year End 29th of January 2025

Pair Corr

The ability to find closely correlated positions to Wheels Up could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wheels Up when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wheels Up - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wheels Up Experience to buy it.

The correlation of Wheels Up is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheels Up moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheels Up Experience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Wheels Up can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Wheels Stock Analysis

When running Wheels Up's price analysis, check to measure Wheels Up's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.

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