Mesa Air Group Balance Sheet Health
Financial Health criteria checks 1/6
Mesa Air Group has a total shareholder equity of $134.9M and total debt of $329.8M, which brings its debt-to-equity ratio to 244.5%. Its total assets and total liabilities are $664.4M and $529.5M respectively.
Key information
244.5%
Debt to equity ratio
US$329.83m
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.74m |
| Equity | US$134.89m |
| Total liabilities | US$529.48m |
| Total assets | US$664.37m |
Recent financial health updates
Recent updates
Airline Turnarounds: Spirit Airlines Vs. Mesa Air Group
Jan 25Health Check: How Prudently Does Mesa Air Group (NASDAQ:MESA) Use Debt?
Apr 19
Is Mesa Air Group (NASDAQ:MESA) Using Debt In A Risky Way?
Sep 25Is Mesa Air Group, Inc. (NASDAQ:MESA) Worth US$2.4 Based On Its Intrinsic Value?
Jun 24Mesa Air Group: Not A Regional Airlines Gem
Jun 23Is Mesa Air Group (NASDAQ:MESA) A Risky Investment?
May 18Shareholders May Be Wary Of Increasing Mesa Air Group, Inc.'s (NASDAQ:MESA) CEO Compensation Package
Feb 02Mesa Air Group: Regional Carrier Is A Value Pick With Upside In 2022
Jan 05Is Mesa Air Group (NASDAQ:MESA) Using Too Much Debt?
Dec 02Mesa Air Group: Risky Despite Recent 53% Drop In Price
Sep 05Mesa Air FQ2 2021 Earnings Preview
May 07Is It Worth Taking A Flier On Mesa Air?
May 05Is Mesa Air Group (NASDAQ:MESA) Using Debt In A Risky Way?
May 04If You Had Bought Mesa Air Group (NASDAQ:MESA) Stock A Year Ago, You Could Pocket A 223% Gain Today
Mar 15The President & CFO of Mesa Air Group, Inc. (NASDAQ:MESA), Michael Lotz, Just Sold 40% Of Their Holding
Feb 22Financial Position Analysis
Short Term Liabilities: MESA's short term assets ($84.9M) do not cover its short term liabilities ($187.5M).
Long Term Liabilities: MESA's short term assets ($84.9M) do not cover its long term liabilities ($342.0M).
Debt to Equity History and Analysis
Debt Level: MESA's net debt to equity ratio (228.4%) is considered high.
Reducing Debt: MESA's debt to equity ratio has increased from 211.4% to 244.5% 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: MESA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MESA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.2% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 10:23 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mesa Air Group, Inc. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bob McAdoo | Avondale Partners |
| Andrew Didora | BofA Global Research |
| Scott Buck | B. Riley Securities, Inc. |