Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wheels Up Experience's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-465.7 Mil. Wheels Up Experience's Total Assets for the quarter that ended in Mar. 2026 was $916.2 Mil.
Therefore, Wheels Up Experience's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was -0.51.
The historical rank and industry rank for Wheels Up Experience's Equity-to-Asset or its related term are showing as below:
UP'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.51 Med: 0.08 Max: 0.85
Current: -0.51
During the past 7 years, the highest Equity to Asset Ratio of Wheels Up Experience was 0.85. The lowest was -0.51. And the median was 0.08.
UP's Equity-to-Asset is ranked worse than 98.52% of 1011
companies
in the Transportation industry
Industry Median: 0.5
vs UP: -0.51
Wheels Up Experience (NYSE:UP) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Wheels Up Experience Equity-to-Asset Related Terms
Wheels Up Experience Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Wheels Up Experience's Equity-to-Asset 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.
UP vs ICTSF, ASLE, SOAR: Equity-to-Asset Comparison
For the Airports & Air Services subindustry, Wheels Up Experience's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Wheels Up Experience's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wheels Up Experience's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Wheels Up Experience's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Wheels Up Experience (UP) has a Equity-to-Asset of -0.51 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wheels Up Experience and its competitors. According to the industry distribution chart, Wheels Up Experience ranks #996 out of 1011 companies in the Transportation industry, placing it in the top 98.5%.
Is Wheels Up Experience's Equity-to-Asset too high?
Wheels Up Experience's current Equity-to-Asset is -0.51. Based on the distribution chart, Wheels Up Experience ranks #996 out of 1011 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Wheels Up Experience has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wheels Up Experience's Equity-to-Asset compare to ICTSF and ASLE?
According to the Transportation industry distribution chart, Wheels Up Experience ranks #996 out of 1011 companies for Equity-to-Asset. This places Wheels Up Experience in the lower half of its industry. The industry median Equity-to-Asset is 0.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Wheels Up Experience and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheels Up Experience's current Equity-to-Asset is -0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheels Up Experience stock overvalued right now?
Based on GuruFocus' analysis, Wheels Up Experience (UP) is currently considered Fairly Valued. The stock's GF Value™ is $6.07, compared to a current price of $6.22 — trading 2.5% above its estimated fair value. The current Equity-to-Asset is -0.51. Wheels Up Experience's overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Wheels Up Experience (UP), the current Equity-to-Asset is -0.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Wheels Up Experience (UP) Overvalued in 2026?
Based on GuruFocus' analysis, Wheels Up Experience stock appears to be overvalued.
The current stock price of $6.22 is trading 2.5% above its estimated GF Value™ of $6.07.
GuruFocus considers Wheels Up Experience to be Fairly Valued.
Key valuation signals for UP:
Equity-to-Asset: -0.51
GF Value™: $6.07 vs. price of $6.22 (2.5% above fair value)
No single metric tells the full story. See the UP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wheels Up Experience Inc is a provider of on-demand private aviation. The company offers a private aviation solution with a large and diverse aircraft fleet, delivered through a mix of charter solutions and its membership program that utilizes its controlled aircraft fleet and a network of safety-vetted charter operators. Through its partnership firm, it provides members and customers with an offering across private and premium commercial travel. It generates the majority of its revenue from member and customer flights through its membership program and charter solutions, as well as from membership fees and other activities and services, including group charter flights, cargo flights, and special missions. Geographically, the company generates maximum revenue from the United States.
48GF Score
Get the complete analysis for UP
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
UP has been successfully added to your 
