Mesa Non Operating Income Net Other vs Income Tax Expense Analysis
| MESA Stock | USD 1.12 0.10 9.80% |
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 Non Operating Income Net Other and its Income Tax Expense 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 closely tied with the direction of predictive economic indicators such as signals in state.
Non Operating Income Net Other vs Income Tax Expense
Non Operating Income Net Other vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Air Group Non Operating Income Net Other account and Income Tax Expense. At this time, the significance of the direction appears to have strong relationship.
The correlation between Mesa Air's Non Operating Income Net Other and Income Tax Expense is 0.7. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Income Tax Expense 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 Non Operating Income Net Other and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Operating Income Net Other of Mesa Air Group are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Non Operating Income Net Other i.e., Mesa Air's Non Operating Income Net Other and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.7 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Non Operating Income Net Other
Income Tax Expense
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 closely tied with the direction of predictive economic indicators such as signals in state. As of November 28, 2024, Selling General Administrative is expected to decline to about 42.5 M. In addition to that, Discontinued Operations is expected to decline to about (22.1 M)
| 2010 | 2023 | 2024 (projected) | Non Recurring | 171.8M | 154.6M | 137.5M | Extraordinary Items | 22.0M | 19.8M | 17.6M |
Mesa Air fundamental ratios Correlations
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Mesa Air Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 2.2M | 1.3M | 17.1M | 31.6M | 36.4M | 38.2M | |
| 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 | 707.7M | 813.9M | 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 | 31.8M | 28.6M | 16.3M | |
| 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 | 19.5M | 10.2M | 10.0M | 68.1M | 78.4M | 82.3M | |
| 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 | 277.1M | 180.3M | 131.8M | 167.2M | 192.2M | 99.5M | |
| 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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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 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 closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.