Wheels Up (UP) - Net Assets

Net assets on the balance sheet as of June 2024 : -£57.34 Million

According to Wheels Up's latest financial reports the company has -£57.34 Million 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	$£76.44 M	-63.29%
2022-12-31	$£0.20 B	-61.82%
2021-12-31	$£0.54 B	153.02%
2020-12-31	$£0.21 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