UP (Wheels Up Experience) Cash And Cash Equivalents : $216.4 Mil (As of Dec. 2024)

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What is Wheels Up Experience Cash And Cash Equivalents?

Wheels Up Experience's quarterly cash and cash equivalents declined from Jun. 2024 ($141.49 Mil) to Sep. 2024 ($115.91 Mil) but then increased from Sep. 2024 ($115.91 Mil) to Dec. 2024 ($216.43 Mil).

Wheels Up Experience's annual cash and cash equivalents declined from Dec. 2022 ($585.88 Mil) to Dec. 2023 ($263.91 Mil) and declined from Dec. 2023 ($263.91 Mil) to Dec. 2024 ($216.43 Mil).

Wheels Up Experience Cash And Cash Equivalents Historical Data

The historical data trend for Wheels Up Experience's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wheels Up Experience Cash And Cash Equivalents Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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312.80

784.57

585.88

263.91

216.43

Wheels Up Experience Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial													263.91	180.86	141.49	115.91	216.43

Wheels Up Experience Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Wheels Up Experience (NYSE:UP) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Wheels Up Experience Cash And Cash Equivalents Related Terms

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Wheels Up Experience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wheels Up Experience Inc (NYSE:UP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2135 American Way, Chamblee, GA, USA, 30341

Website

https://www.wheelsup.com

Wheels Up Experience Inc is a provider of on-demand private aviation in the United States. It is pioneering data and technology-driven solutions that connect consumers to safety-vetted and verified private aircraft. It connects private flyers to aircraft, and one another, through an open platform that enables life's most important experiences. Its offering is delivered through a mix of programmatic and charter options that strategically utilize its owned and leased aircraft fleet and an "asset-light" charter model to deliver a greater range of global travel alternatives. The company operates in a single operating and reportable segment, private aviation services. Geographically the company generates the majority of its revenue from the United States.

Executives

Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Laura Heltebran	officer: Chief Legal Officer	C/O WHEELS UP EXPERIENCE INC., 601 WEST 26TH STREET, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Adam Ross Zirkin	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Alain Bellemare	director	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Cantor Adam Corey	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Ck Wheels Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Ck Opportunities Gp, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Zachary George Lazar	director	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513