Wheels Good Will vs Other Stockholder Equity Analysis

UP Stock

USD 2.01 0.10 4.74%

Wheels Up financial indicator trend analysis is more than just analyzing Wheels Up Experience current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wheels Up Experience is a good investment. Please check the relationship between Wheels Up Good Will and its Other Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wheels Up Experience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheels Up Experience Good Will account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Wheels Up's Good Will and Other Stockholder Equity is 0.82. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Wheels Up Experience, assuming nothing else is changed. The correlation between historical values of Wheels Up's Good Will and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Wheels Up Experience are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Good Will i.e., Wheels Up's Good Will and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Other Stockholder Equity

Most indicators from Wheels Up's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wheels Up Experience current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Wheels Up Experience. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

As of 06/09/2024, Tax Provision is likely to grow to about 436.8 K, while Selling General Administrative is likely to drop slightly above 117.9 M.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	54.3M	68.6M	58.5M	61.7M
Interest Income	53K	3.7M	8.1M	8.6M

Depreciation And Amortization Interest Income

Wheels Up fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Total Current Assets
Total Assets		0.16	-0.89	0.99	0.82	0.95	0.21	0.92	-0.83	-0.79	0.78	0.97	0.99	0.65	0.68	0.97	0.97	0.97	0.05	0.33	0.77	0.46	0.83	0.97	0.54	0.98
Short Long Term Debt Total	0.16		-0.25	0.28	-0.35	0.12	-0.77	0.41	0.36	-0.51	-0.01	-0.07	0.27	0.63	0.6	-0.07	0.26	0.14	0.71	0.98	0.62	0.18	-0.05	0.39	0.18	0.04
Other Current Liab	-0.89	-0.25		-0.88	-0.66	-0.98	0.06	-0.75	0.63	0.84	-0.47	-0.79	-0.94	-0.64	-0.67	-0.79	-0.8	-0.94	-0.32	-0.39	-0.59	-0.61	-0.6	-0.87	-0.41	-0.82
Total Current Liabilities	0.99	0.28	-0.88		0.75	0.93	0.13	0.96	-0.77	-0.83	0.78	0.93	0.99	0.73	0.75	0.93	0.98	0.95	0.13	0.44	0.85	0.46	0.8	0.99	0.57	0.97
Total Stockholder Equity	0.82	-0.35	-0.66	0.75		0.79	0.54	0.59	-0.98	-0.34	0.64	0.9	0.75	0.22	0.17	0.9	0.77	0.83	-0.43	-0.2	0.41	0.09	0.91	0.67	0.32	0.86
Other Liab	0.95	0.12	-0.98	0.93	0.79		0.13	0.79	-0.77	-0.8	0.6	0.89	0.96	0.62	0.64	0.89	0.86	0.97	0.18	0.28	0.61	0.56	0.71	0.9	0.48	0.9
Net Tangible Assets	0.21	-0.77	0.06	0.13	0.54	0.13		0.07	-0.64	0.09	0.59	0.43	0.05	-0.08	-0.11	0.43	0.15	0.09	-0.52	-0.63	-0.09	0.07	0.33	0.03	0.43	0.37
Property Plant And Equipment Net	0.92	0.41	-0.75	0.96	0.59	0.79	0.07		-0.63	-0.82	0.82	0.86	0.91	0.75	0.82	0.86	0.97	0.85	0.16	0.55	0.93	0.43	0.72	0.97	0.57	0.9
Net Debt	-0.83	0.36	0.63	-0.77	-0.98	-0.77	-0.64	-0.63		0.38	-0.75	-0.93	-0.74	-0.29	-0.25	-0.93	-0.78	-0.8	0.4	0.19	-0.45	-0.16	-0.89	-0.69	-0.45	-0.89
Retained Earnings	-0.79	-0.51	0.84	-0.83	-0.34	-0.8	0.09	-0.82	0.38		-0.63	-0.66	-0.83	-0.9	-0.96	-0.66	-0.74	-0.73	-0.63	-0.66	-0.75	-0.82	-0.34	-0.86	-0.69	-0.73
Accounts Payable	0.78	-0.01	-0.47	0.78	0.64	0.6	0.59	0.82	-0.75	-0.63		0.84	0.68	0.63	0.66	0.84	0.8	0.62	-0.06	0.19	0.73	0.41	0.66	0.75	0.78	0.86
Cash	0.97	-0.07	-0.79	0.93	0.9	0.89	0.43	0.86	-0.93	-0.66	0.84		0.91	0.51	0.55	1.0	0.94	0.93	-0.15	0.1	0.67	0.38	0.86	0.88	0.52	0.99
Non Current Assets Total	0.99	0.27	-0.94	0.99	0.75	0.96	0.05	0.91	-0.74	-0.83	0.68	0.91		0.68	0.71	0.91	0.96	0.98	0.16	0.42	0.78	0.48	0.78	0.98	0.48	0.94
Non Currrent Assets Other	0.65	0.63	-0.64	0.73	0.22	0.62	-0.08	0.75	-0.29	-0.9	0.63	0.51	0.68		0.92	0.51	0.65	0.54	0.68	0.79	0.83	0.63	0.32	0.78	0.84	0.61
Other Assets	0.68	0.6	-0.67	0.75	0.17	0.64	-0.11	0.82	-0.25	-0.96	0.66	0.55	0.71	0.92		0.55	0.68	0.58	0.67	0.75	0.8	0.77	0.24	0.8	0.73	0.64
Cash And Short Term Investments	0.97	-0.07	-0.79	0.93	0.9	0.89	0.43	0.86	-0.93	-0.66	0.84	1.0	0.91	0.51	0.55		0.94	0.93	-0.15	0.1	0.67	0.38	0.86	0.88	0.52	0.99
Net Receivables	0.97	0.26	-0.8	0.98	0.77	0.86	0.15	0.97	-0.78	-0.74	0.8	0.94	0.96	0.65	0.68	0.94		0.93	0.0	0.41	0.87	0.32	0.86	0.97	0.51	0.96
Good Will	0.97	0.14	-0.94	0.95	0.83	0.97	0.09	0.85	-0.8	-0.73	0.62	0.93	0.98	0.54	0.58	0.93	0.93		0.02	0.28	0.68	0.4	0.82	0.93	0.36	0.93
Common Stock Shares Outstanding	0.05	0.71	-0.32	0.13	-0.43	0.18	-0.52	0.16	0.4	-0.63	-0.06	-0.15	0.16	0.68	0.67	-0.15	0.0	0.02		0.74	0.27	0.68	-0.41	0.23	0.42	-0.06
Non Current Liabilities Total	0.33	0.98	-0.39	0.44	-0.2	0.28	-0.63	0.55	0.19	-0.66	0.19	0.1	0.42	0.79	0.75	0.1	0.41	0.28	0.74		0.74	0.31	0.07	0.55	0.38	0.22
Inventory	0.77	0.62	-0.59	0.85	0.41	0.61	-0.09	0.93	-0.45	-0.75	0.73	0.67	0.78	0.83	0.8	0.67	0.87	0.68	0.27	0.74		0.26	0.65	0.89	0.61	0.75
Other Current Assets	0.46	0.18	-0.61	0.46	0.09	0.56	0.07	0.43	-0.16	-0.82	0.41	0.38	0.48	0.63	0.77	0.38	0.32	0.4	0.68	0.31	0.26		-0.1	0.47	0.59	0.42
Other Stockholder Equity	0.83	-0.05	-0.6	0.8	0.91	0.71	0.33	0.72	-0.89	-0.34	0.66	0.86	0.78	0.32	0.24	0.86	0.86	0.82	-0.41	0.07	0.65	-0.1		0.76	0.3	0.85
Total Liab	0.97	0.39	-0.87	0.99	0.67	0.9	0.03	0.97	-0.69	-0.86	0.75	0.88	0.98	0.78	0.8	0.88	0.97	0.93	0.23	0.55	0.89	0.47	0.76		0.59	0.93
Deferred Long Term Liab	0.54	0.18	-0.41	0.57	0.32	0.48	0.43	0.57	-0.45	-0.69	0.78	0.52	0.48	0.84	0.73	0.52	0.51	0.36	0.42	0.38	0.61	0.59	0.3	0.59		0.58
Total Current Assets	0.98	0.04	-0.82	0.97	0.86	0.9	0.37	0.9	-0.89	-0.73	0.86	0.99	0.94	0.61	0.64	0.99	0.96	0.93	-0.06	0.22	0.75	0.42	0.85	0.93	0.58

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Wheels Good Will vs Other Stockholder Equity Analysis

Good Will vs Other Stockholder Equity

Good Will vs Other Stockholder Equity Correlation Analysis

Correlation Coefficient

Good Will

Other Stockholder Equity

Wheels Up fundamental ratios Correlations

Wheels Up Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Wheels Stock Analysis

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Current Liabilities	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Total Current Assets	+ 0.99	Cash

Net Debt	- 0.98	Total Stockholder Equity
Other Liab	- 0.98	Other Current Liab
Other Assets	- 0.96	Retained Earnings
Good Will	- 0.94	Other Current Liab
Non Current Assets Total	- 0.94	Other Current Liab
Cash And Short Term Investments	- 0.93	Net Debt