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
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 22Is Mesa Air Group (NASDAQ:MESA) Using Debt Sensibly?
Feb 02We're Not Counting On Mesa Air Group (NASDAQ:MESA) To Sustain Its Statutory Profitability
Jan 15
Mesa Air Group: Profitable Despite The COVID-19 Pandemic
Dec 30Mesa Air Group: Concerns About COVID Not Justified, Stock Remains Undervalued
Dec 28How Much Of Mesa Air Group, Inc. (NASDAQ:MESA) Do Insiders Own?
Dec 28Mesa Air sees block hour drop of 38% in November 2020
Dec 22Mesa Air Group, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Dec 11Financial Position Analysis
Short Term Liabilities: MESA's short term assets ($138.6M) do not cover its short term liabilities ($267.9M).
Long Term Liabilities: MESA's short term assets ($138.6M) do not cover its long term liabilities ($430.5M).
Debt to Equity History and Analysis
Debt Level: MESA's net debt to equity ratio (213.8%) is considered high.
Reducing Debt: MESA'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: MESA has less than a year of cash runway 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 11.5% each year