Wheels Up (UP) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹6.06 B

According to Wheels Up's latest financial reports the company has -₹6.06 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	$₹8.10 B	-61.11%
2022-12-31	$₹20.84 B	-62%
2021-12-31	$₹54.86 B	155.75%
2020-12-31	$₹21.45 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