Wheels Up (UP) - Net Assets

Net assets on the balance sheet as of June 2024 : -S$93.99 M

According to Wheels Up's latest financial reports the company has -S$93.99 M 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	$S$0.12 B	-61.91%
2022-12-31	$S$0.33 B	-65.99%
2021-12-31	$S$0.99 B	155.6%
2020-12-31	$S$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