Wheels Total Revenue vs Total Assets 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 Total Revenue and its Total Assets 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.
Total Revenue vs Total Assets
Total Revenue vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wheels Up Experience Total Revenue account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wheels Up's Total Revenue and Total Assets is 0.95. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Total Assets 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 Total Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Wheels Up Experience are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Revenue i.e., Wheels Up's Total Revenue and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.95 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Revenue
Total revenue comprises all receipts Wheels Up Experience generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Total Assets
Total assets refers to the total amount of Wheels Up assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Wheels Up Experience books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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 06/08/2024, 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 |
Wheels Up fundamental ratios Correlations
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Wheels Up Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Wheels Up's price analysis, check to measure Wheels Up's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.