Mesa Air Group Balance Sheet Health
Financial Health criteria checks 1/6
Mesa Air Group has a total shareholder equity of $200.0M and total debt of $460.6M, which brings its debt-to-equity ratio to 230.3%. Its total assets and total liabilities are $898.5M and $698.4M respectively.
Key information
230.3%
Debt to equity ratio
US$460.64m
Debt
Interest coverage ratio | n/a |
Cash | US$32.94m |
Equity | US$200.04m |
Total liabilities | US$698.43m |
Total assets | US$898.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2A's short term assets ($138.6M) do not cover its short term liabilities ($267.9M).
Long Term Liabilities: M2A's short term assets ($138.6M) do not cover its long term liabilities ($430.5M).
Debt to Equity History and Analysis
Debt Level: M2A's net debt to equity ratio (213.8%) is considered high.
Reducing Debt: M2A's debt to equity ratio has reduced from 241.8% to 230.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: M2A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: M2A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.5% each year