Wheels Up Experience Inc. Balance Sheet
UP|5 years of annual SEC 10-K data (FY2021-FY2025)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 5 fiscal years. All figures from audited SEC 10-K filings.
Wheels Up Experience Inc. had $969M in total assets with negative shareholders' equity of $392M as of FY2025. Total debt was $316M against $134M in cash, resulting in $182M net debt.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 0/9 (multiple financial health concerns)
- Altman Z-Score -0.74 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $133.9M | $216.4M | $263.9M | $585.9M | $784.6M |
| Accounts Receivable | $24.2M | $38.2M | $112.4M | $112.4M | $79.4M |
| Inventory | $11.6M | $12.2M | $20.4M | $29.0M | $9.4M |
| Current Assets | $249.4M | $332.1M | $434.0M | $819.6M | $933.1M |
| PP&E (Net) | $219.7M | $348.3M | $337.7M | $394.6M | $317.8M |
| Goodwill | $209.9M | $218.2M | $348.1M | $37.2M | $400.2M |
| Total Assets | $968.8M | $1.2B | $1.3B | $1.9B | $2.0B |
| Current Liabilities | $907.6M | $917.3M | $907.5M | $1.3B | $1.1B |
| Total Debt | $316.4M | $376.3M | $235.1M | $226.2M | $0 |
| Shareholders' Equity | -$392.1M | -$202.1M | $97.4M | $251.9M | $730.2M |