Wheels Up (UP) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$0.11 B

According to Wheels Up's latest financial reports the company has -A$0.11 B 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
2023-12-31	$A$0.14 B	-61.38%
2022-12-31	$A$0.37 B	-63.44%
2021-12-31	$A$1.01 B	165.54%
2020-12-31	$A$0.38 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