Mesa Net Invested Capital vs Net Tangible Assets Analysis

MESA Stock

USD 0.89 0.01 1.11%

Mesa Air financial indicator trend analysis is infinitely more than just investigating Mesa Air Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mesa Air Group is a good investment. Please check the relationship between Mesa Air Net Invested Capital and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Air Group Net Invested Capital account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Mesa Air's Net Invested Capital and Net Tangible Assets is -0.13. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Mesa Air Group, assuming nothing else is changed. The correlation between historical values of Mesa Air's Net Invested Capital and Net Tangible 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 Net Invested Capital of Mesa Air Group are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Net Invested Capital i.e., Mesa Air's Net Invested Capital and Net Tangible Assets go up and down completely randomly.

Correlation Coefficient

-0.13

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Most indicators from Mesa Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mesa Air Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

At present, Mesa Air's Enterprise Value Over EBITDA is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 22.08, whereas Selling General Administrative is forecasted to decline to about 42.5 M.

	2010	2023	2024 (projected)
Non Recurring	171.8M	154.6M	137.5M
Extraordinary Items	22.0M	19.8M	17.6M

Non Recurring Extraordinary Items

Mesa Air fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.93	0.59	0.72	0.72	0.99	0.88	0.65	0.63	0.99	-0.24	0.68	0.43	0.51	0.88	0.25	0.5	0.24	0.95	0.94	0.54	0.55	0.75	0.26	0.76	0.07
Short Long Term Debt Total	0.93		0.3	0.52	0.4	0.95	0.99	0.51	0.33	0.94	-0.56	0.41	0.41	0.38	0.98	0.0	0.4	-0.05	0.99	0.88	0.35	0.34	0.66	0.5	0.69	-0.24
Other Current Liab	0.59	0.3		0.92	0.87	0.53	0.22	0.41	0.71	0.55	0.5	0.71	0.25	0.64	0.15	0.76	0.31	0.76	0.37	0.65	0.56	0.78	0.68	-0.46	0.48	0.78
Total Current Liabilities	0.72	0.52	0.92		0.75	0.65	0.46	0.28	0.61	0.67	0.22	0.61	0.33	0.74	0.37	0.75	0.32	0.71	0.58	0.83	0.69	0.89	0.82	-0.34	0.63	0.61
Total Stockholder Equity	0.72	0.4	0.87	0.75		0.66	0.3	0.7	0.91	0.68	0.44	0.9	0.37	0.45	0.32	0.52	0.56	0.61	0.47	0.64	0.62	0.66	0.55	-0.21	0.61	0.6
Property Plant And Equipment Net	0.99	0.95	0.53	0.65	0.66		0.91	0.7	0.56	1.0	-0.34	0.63	0.45	0.44	0.91	0.12	0.49	0.1	0.96	0.93	0.42	0.44	0.69	0.38	0.77	-0.02
Net Debt	0.88	0.99	0.22	0.46	0.3	0.91		0.44	0.22	0.9	-0.64	0.3	0.4	0.36	0.98	-0.05	0.36	-0.13	0.98	0.85	0.27	0.27	0.63	0.54	0.65	-0.31
Retained Earnings	0.65	0.51	0.41	0.28	0.7	0.7	0.44		0.64	0.68	-0.07	0.74	0.41	-0.06	0.51	-0.21	0.55	-0.12	0.52	0.49	0.08	0.08	0.14	0.47	0.63	0.02
Cash	0.63	0.33	0.71	0.61	0.91	0.56	0.22	0.64		0.57	0.41	0.95	0.2	0.28	0.28	0.41	0.47	0.56	0.4	0.48	0.71	0.61	0.4	-0.18	0.52	0.47
Non Current Assets Total	0.99	0.94	0.55	0.67	0.68	1.0	0.9	0.68	0.57		-0.3	0.64	0.41	0.48	0.9	0.17	0.47	0.15	0.96	0.93	0.43	0.46	0.73	0.33	0.74	0.02
Non Currrent Assets Other	-0.24	-0.56	0.5	0.22	0.44	-0.34	-0.64	-0.07	0.41	-0.3		0.35	-0.08	0.16	-0.64	0.6	0.13	0.68	-0.5	-0.24	0.28	0.29	0.02	-0.79	-0.26	0.86
Cash And Short Term Investments	0.68	0.41	0.71	0.61	0.9	0.63	0.3	0.74	0.95	0.64	0.35		0.26	0.21	0.34	0.3	0.58	0.41	0.46	0.57	0.58	0.49	0.43	-0.02	0.54	0.48
Net Receivables	0.43	0.41	0.25	0.33	0.37	0.45	0.4	0.41	0.2	0.41	-0.08	0.26		0.03	0.33	-0.04	0.86	-0.02	0.38	0.41	0.3	0.33	0.07	0.32	0.74	0.07
Common Stock Shares Outstanding	0.51	0.38	0.64	0.74	0.45	0.44	0.36	-0.06	0.28	0.48	0.16	0.21	0.03		0.29	0.76	-0.02	0.67	0.45	0.64	0.49	0.65	0.85	-0.47	0.28	0.45
Non Current Liabilities Total	0.88	0.98	0.15	0.37	0.32	0.91	0.98	0.51	0.28	0.9	-0.64	0.34	0.33	0.29		-0.13	0.35	-0.17	0.97	0.79	0.26	0.2	0.57	0.58	0.61	-0.38
Inventory	0.25	0.0	0.76	0.75	0.52	0.12	-0.05	-0.21	0.41	0.17	0.6	0.3	-0.04	0.76	-0.13		-0.04	0.96	0.09	0.38	0.65	0.78	0.66	-0.85	0.09	0.79
Other Current Assets	0.5	0.4	0.31	0.32	0.56	0.49	0.36	0.55	0.47	0.47	0.13	0.58	0.86	-0.02	0.35	-0.04		0.02	0.38	0.41	0.39	0.26	0.14	0.31	0.65	0.22
Other Stockholder Equity	0.24	-0.05	0.76	0.71	0.61	0.1	-0.13	-0.12	0.56	0.15	0.68	0.41	-0.02	0.67	-0.17	0.96	0.02		0.04	0.29	0.74	0.83	0.54	-0.86	0.12	0.78
Total Liab	0.95	0.99	0.37	0.58	0.47	0.96	0.98	0.52	0.4	0.96	-0.5	0.46	0.38	0.45	0.97	0.09	0.38	0.04		0.91	0.41	0.41	0.71	0.42	0.7	-0.17
Property Plant And Equipment Gross	0.94	0.88	0.65	0.83	0.64	0.93	0.85	0.49	0.48	0.93	-0.24	0.57	0.41	0.64	0.79	0.38	0.41	0.29	0.91		0.5	0.59	0.86	0.16	0.75	0.19
Total Current Assets	0.54	0.35	0.56	0.69	0.62	0.42	0.27	0.08	0.71	0.43	0.28	0.58	0.3	0.49	0.26	0.65	0.39	0.74	0.41	0.5		0.87	0.51	-0.38	0.52	0.41
Short Term Debt	0.55	0.34	0.78	0.89	0.66	0.44	0.27	0.08	0.61	0.46	0.29	0.49	0.33	0.65	0.2	0.78	0.26	0.83	0.41	0.59	0.87		0.61	-0.48	0.58	0.53
Accounts Payable	0.75	0.66	0.68	0.82	0.55	0.69	0.63	0.14	0.4	0.73	0.02	0.43	0.07	0.85	0.57	0.66	0.14	0.54	0.71	0.86	0.51	0.61		-0.23	0.38	0.41
Intangible Assets	0.26	0.5	-0.46	-0.34	-0.21	0.38	0.54	0.47	-0.18	0.33	-0.79	-0.02	0.32	-0.47	0.58	-0.85	0.31	-0.86	0.42	0.16	-0.38	-0.48	-0.23		0.34	-0.75
Current Deferred Revenue	0.76	0.69	0.48	0.63	0.61	0.77	0.65	0.63	0.52	0.74	-0.26	0.54	0.74	0.28	0.61	0.09	0.65	0.12	0.7	0.75	0.52	0.58	0.38	0.34		0.03
Common Stock Total Equity	0.07	-0.24	0.78	0.61	0.6	-0.02	-0.31	0.02	0.47	0.02	0.86	0.48	0.07	0.45	-0.38	0.79	0.22	0.78	-0.17	0.19	0.41	0.53	0.41	-0.75	0.03

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Mesa Air Account Relationship Matchups

Mesa Air fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.5B	1.5B	1.1B	898.5M	1.0B	884.1M
Short Long Term Debt Total	838.2M	718.1M	633.7M	541.0M	622.2M	493.7M
Other Current Liab	57.5M	46.1M	40.3M	36.9M	42.4M	23.1M
Total Current Liabilities	353.3M	258.2M	214.5M	267.9M	308.1M	184.9M
Total Stockholder Equity	457.9M	488.0M	308.2M	200.0M	230.0M	220.8M
Property Plant And Equipment Net	1.3B	1.3B	914.4M	709.4M	815.8M	612.2M
Net Debt	738.8M	597.5M	576.0M	508.1M	584.3M	421.8M
Retained Earnings	215.1M	231.7M	49.0M	(71.1M)	(81.8M)	(77.7M)
Cash	99.4M	120.5M	57.7M	32.9M	37.9M	71.9M
Non Current Assets Total	1.3B	1.3B	1.0B	759.9M	873.9M	664.3M
Non Currrent Assets Other	742K	36.1M	66.1M	13.5M	12.1M	15.7M
Cash And Short Term Investments	99.4M	120.5M	57.7M	32.9M	37.9M	36.0M
Net Receivables	13.7M	3.2M	4.0M	8.3M	7.4M	7.1M
Common Stock Shares Outstanding	35.3M	38.8M	36.1M	39.5M	45.4M	34.0M
Liabilities And Stockholders Equity	1.5B	1.5B	1.1B	898.5M	1.0B	884.1M
Non Current Liabilities Total	690.7M	710.4M	593.0M	430.5M	495.1M	478.3M
Inventory	23.0M	24.5M	26.7M	29.2M	33.6M	25.7M
Other Current Assets	16.1M	6.9M	1.1M	2.8M	2.5M	2.4M
Total Liab	1.0B	968.6M	807.4M	698.4M	803.2M	663.2M
Property Plant And Equipment Gross	1.3B	1.3B	914.4M	1.1B	1.2B	626.1M
Total Current Assets	155.6M	158.4M	98.3M	138.6M	159.4M	219.8M
Short Term Debt	233.2M	144.4M	114.5M	167.2M	192.2M	201.8M
Accounts Payable	53.2M	61.5M	59.4M	59.0M	67.8M	39.6M
Intangible Assets	9.5M	8.0M	6.8M	3.8M	3.5M	3.3M
Common Stock Total Equity	238.5M	242.8M	256.4M	259.2M	298.1M	163.3M
Common Stock	242.8M	256.4M	259.2M	271.2M	311.8M	167.1M
Other Liab	91.9M	85.8M	136.7M	73.7M	66.3M	90.9M
Net Tangible Assets	416.3M	449.8M	481.3M	304.3M	350.0M	324.8M
Other Assets	11.0M	2.6M	46.4M	89.9M	103.4M	108.6M
Long Term Debt	542.5M	539.7M	502.5M	364.7M	328.3M	478.1M
Short Long Term Debt	189.3M	111.7M	97.2M	163.6M	188.1M	147.5M
Property Plant Equipment	1.3B	1.2B	1.2B	944.3M	1.1B	1.2B
Long Term Debt Total	677.4M	542.5M	539.7M	502.5M	452.3M	529.1M
Deferred Long Term Liab	3.9M	78.6M	3.5M	41.4M	47.6M	50.0M
Non Current Liabilities Other	69.6M	72.5M	49.0M	1.8M	1.6M	1.6M

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When determining whether Mesa Air Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Air's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mesa Air Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Air Group Stock:

How To Invest In Mesa

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Is Mesa Stock a good investment?

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What is Mesa Air's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mesa Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Mesa Air's price analysis, check to measure Mesa Air'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 Mesa Air is operating at the current time. Most of Mesa Air's value examination focuses on studying past and present price action to predict the probability of Mesa Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mesa Air's price. Additionally, you may evaluate how the addition of Mesa Air to your portfolios can decrease your overall portfolio volatility.

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Is Mesa Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mesa Air. If investors know Mesa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mesa Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.136

Earnings Share

(3.04)

Revenue Per Share

12.62

Quarterly Revenue Growth

(0.09)

Return On Assets

(0.02)

The market value of Mesa Air Group is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Air's value that differs from its market value or its book value, called intrinsic value, which is Mesa Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mesa Air's market value can be influenced by many factors that don't directly affect Mesa Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Mesa Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Mesa Net Invested Capital vs Net Tangible Assets Analysis

Net Invested Capital vs Net Tangible Assets

Net Invested Capital vs Net Tangible Assets Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Tangible Assets

Mesa Air fundamental ratios Correlations

Mesa Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mesa Air fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Mesa Stock analysis

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Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total

Intangible Assets	- 0.86	Other Stockholder Equity
Intangible Assets	- 0.85	Inventory
Intangible Assets	- 0.79	Non Currrent Assets Other
Common Stock Total Equity	- 0.75	Intangible Assets
Non Current Liabilities Total	- 0.64	Non Currrent Assets Other
Non Currrent Assets Other	- 0.64	Net Debt