Mesa Return On Tangible Assets from 2010 to 2024

MESA Stock  USD 0.87  0.01  1.16%   
Mesa Air's Return On Tangible Assets are decreasing over the years with slightly volatile fluctuation. Return On Tangible Assets are expected to dwindle to -0.15. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.15)
Current Value
(0.15)
Quarterly Volatility
0.08246179
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mesa Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesa Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 72.9 M, Interest Expense of 60.3 M or Total Revenue of 659.6 M, as well as many indicators such as Price To Sales Ratio of 0.0744, Dividend Yield of 0.0 or PTB Ratio of 0.19. Mesa financial statements analysis is a perfect complement when working with Mesa Air Valuation or Volatility modules.
  
Check out the analysis of Mesa Air Correlation against competitors.

Latest Mesa Air's Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Mesa Air Group over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Mesa Air's Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mesa Air's overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Mesa Return On Tangible Assets Regression Statistics

Arithmetic Mean(0.02)
Geometric Mean0.03
Coefficient Of Variation(371.81)
Mean Deviation0.07
Median0.01
Standard Deviation0.08
Sample Variance0.01
Range0.261
R-Value(0.80)
Mean Square Error0
R-Squared0.63
Significance0.0004
Slope(0.01)
Total Sum of Squares0.1

Mesa Return On Tangible Assets History

2023 -0.15
2022 -0.13
2021 -0.16
2020 0.0114
2019 0.0184
2018 0.033
2017 0.0228

About Mesa Air Financial Statements

Mesa Air stakeholders use historical fundamental indicators, such as Mesa Air's Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Although Mesa Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mesa Air's assets and liabilities are reflected in the revenues and expenses on Mesa Air's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mesa Air Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.13)(0.15)

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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:
Check out the analysis of Mesa Air Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Passenger Airlines space 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
(2.30)
Revenue Per Share
11.589
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.01)
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.