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UP (Wheels Up Experience) Effective Interest Rate on Debt % : 16.91% (As of Mar. 2025)


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What is Wheels Up Experience Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Wheels Up Experience's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $79.5 Mil. Wheels Up Experience's average total debt for the quarter that ended in Mar. 2025 was $470.2 Mil. Therefore, Wheels Up Experience's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 16.91%.


Wheels Up Experience Effective Interest Rate on Debt % Historical Data

The historical data trend for Wheels Up Experience's Effective Interest Rate on Debt % 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.

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Wheels Up Experience Effective Interest Rate on Debt % Chart

Wheels Up Experience Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 8.11 4.78 3.12 11.74 16.14

Wheels Up Experience Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.81 21.98 22.24 19.03 16.91

Competitive Comparison of Wheels Up Experience's Effective Interest Rate on Debt %

For the Airports & Air Services subindustry, Wheels Up Experience's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wheels Up Experience's Effective Interest Rate on Debt % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Effective Interest Rate on Debt % falls into.


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Wheels Up Experience Effective Interest Rate on Debt % Calculation

Wheels Up Experience's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -65.352/( (336.897+472.819)/ 2 )
=-1  *  -65.352/404.858
=16.14 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=290.03 + 46.867
=336.897

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=427.118 + 45.701
=472.819

Wheels Up Experience's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -79.52/( (472.819+467.499)/ 2 )
=-1  *  -79.52/470.159
=16.91 %

where

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=427.118 + 45.701
=472.819

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=435.841 + 31.658
=467.499

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Wheels Up Experience  (NYSE:UP) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Wheels Up Experience Effective Interest Rate on Debt % Related Terms

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Wheels Up Experience Business Description

Traded in Other Exchanges
N/A
Address
2135 American Way, Chamblee, GA, USA, 30341
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