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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:13 |
| End of Day Share Price | 2025/01/31 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 |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
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. |