Wheels Up (UP) - Net Assets

Net assets on the balance sheet as of December 2024 : -$0.2 Billion USD

According to Wheels Up's latest financial reports the company has -$0.2 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wheels Up - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$-$0.2 Billion	-296.48%
2023-12-31	$$99.87 M	-60.36%
2022-12-31	$$0.25 B	-65.78%
2021-12-31	$$0.73 B	150.57%
2020-12-31	$$0.29 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Wheels Up (UP) - Net assets