Mesa Short Term Investments vs Common Stock Total Equity Analysis

MESA Stock  USD 0.87  0.01  1.16%   
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 Short Term Investments and its Common Stock Total Equity 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.

Short Term Investments vs Common Stock Total Equity

Short Term Investments vs Common Stock Total Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Air Group Short Term Investments account and Common Stock Total Equity. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Mesa Air's Short Term Investments and Common Stock Total Equity is -0.12. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock Total Equity 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 Short Term Investments and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Mesa Air Group are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Short Term Investments i.e., Mesa Air's Short Term Investments and Common Stock Total Equity go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Short Term Investments

Short Term Investments is an item under the current assets section of Mesa Air balance sheet. It contains any investments Mesa Air Group undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Mesa Air Group can easily liquidate in the marketplace.

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the 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 closely tied with the direction of predictive economic indicators such as signals in state.
As of November 22, 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 Recurring171.8M154.6M137.5M
Extraordinary Items22.0M19.8M17.6M

Mesa Air fundamental ratios Correlations

0.930.130.720.720.990.880.650.630.99-0.260.670.430.510.880.25-0.10.950.940.540.670.750.260.760.07-0.78
0.930.220.520.40.950.990.510.330.94-0.570.40.410.380.980.0-0.230.990.880.350.440.660.50.69-0.24-0.72
0.130.220.17-0.10.060.25-0.44-0.130.07-0.04-0.160.440.260.190.290.660.210.20.5-0.020.26-0.120.160.04-0.35
0.720.520.170.750.650.460.280.630.670.250.630.330.740.370.750.410.580.830.690.970.82-0.340.630.61-0.73
0.720.4-0.10.750.660.30.70.920.680.420.910.370.450.320.520.130.470.640.620.80.55-0.210.610.6-0.48
0.990.950.060.650.660.910.70.561.0-0.360.620.450.440.910.12-0.230.960.920.410.610.690.390.77-0.03-0.72
0.880.990.250.460.30.910.440.210.9-0.640.290.40.360.98-0.05-0.250.980.850.270.370.630.540.65-0.31-0.7
0.650.51-0.440.280.70.70.440.620.68-0.120.710.41-0.060.51-0.21-0.550.520.490.080.40.140.470.630.02-0.14
0.630.33-0.130.630.920.560.210.620.570.390.950.190.30.270.440.150.40.490.730.670.41-0.210.520.49-0.35
0.990.940.070.670.681.00.90.680.57-0.320.630.410.480.90.17-0.210.960.930.430.630.730.330.740.02-0.75
-0.26-0.57-0.040.250.42-0.36-0.64-0.120.39-0.320.34-0.090.2-0.660.640.54-0.51-0.220.280.290.05-0.82-0.270.890.16
0.670.4-0.160.630.910.620.290.710.950.630.340.250.230.330.330.030.450.570.610.680.44-0.060.540.51-0.27
0.430.410.440.330.370.450.40.410.190.41-0.090.250.030.33-0.040.160.380.410.30.330.070.320.740.07-0.18
0.510.380.260.740.450.440.36-0.060.30.480.20.230.030.290.760.450.450.640.490.630.85-0.470.280.45-0.81
0.880.980.190.370.320.910.980.510.270.9-0.660.330.330.29-0.13-0.330.970.790.260.280.570.580.61-0.38-0.67
0.250.00.290.750.520.12-0.05-0.210.440.170.640.33-0.040.76-0.130.710.090.380.650.680.66-0.850.090.79-0.58
-0.1-0.230.660.410.13-0.23-0.25-0.550.15-0.210.540.030.160.45-0.330.71-0.180.030.670.30.26-0.70.060.56-0.23
0.950.990.210.580.470.960.980.520.40.96-0.510.450.380.450.970.09-0.180.910.410.50.710.420.7-0.17-0.77
0.940.880.20.830.640.920.850.490.490.93-0.220.570.410.640.790.380.030.910.50.750.860.160.750.19-0.8
0.540.350.50.690.620.410.270.080.730.430.280.610.30.490.260.650.670.410.50.610.51-0.380.520.41-0.57
0.670.44-0.020.970.80.610.370.40.670.630.290.680.330.630.280.680.30.50.750.610.7-0.320.640.63-0.6
0.750.660.260.820.550.690.630.140.410.730.050.440.070.850.570.660.260.710.860.510.7-0.230.380.41-0.85
0.260.5-0.12-0.34-0.210.390.540.47-0.210.33-0.82-0.060.32-0.470.58-0.85-0.70.420.16-0.38-0.32-0.230.34-0.750.17
0.760.690.160.630.610.770.650.630.520.74-0.270.540.740.280.610.090.060.70.750.520.640.380.340.03-0.5
0.07-0.240.040.610.6-0.03-0.310.020.490.020.890.510.070.45-0.380.790.56-0.170.190.410.630.41-0.750.03-0.12
-0.78-0.72-0.35-0.73-0.48-0.72-0.7-0.14-0.35-0.750.16-0.27-0.18-0.81-0.67-0.58-0.23-0.77-0.8-0.57-0.6-0.850.17-0.5-0.12
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Mesa Air Account Relationship Matchups

Mesa Air fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.5B1.1B898.5M1.0B884.1M
Short Long Term Debt Total838.2M718.1M633.7M541.0M622.2M493.7M
Other Current Liab2.2M1.3M17.1M31.6M36.4M38.2M
Total Current Liabilities353.3M258.2M214.5M267.9M308.1M184.9M
Total Stockholder Equity457.9M488.0M308.2M200.0M230.0M220.8M
Property Plant And Equipment Net1.3B1.3B914.4M707.7M813.9M612.2M
Net Debt738.8M597.5M576.0M508.1M584.3M421.8M
Retained Earnings215.1M231.7M49.0M(71.1M)(81.8M)(77.7M)
Cash99.4M120.5M57.7M36.1M41.5M72.0M
Non Current Assets Total1.3B1.3B1.0B759.9M873.9M664.3M
Non Currrent Assets Other742K36.1M66.1M31.8M28.6M16.3M
Cash And Short Term Investments99.4M120.5M57.7M36.1M41.5M39.4M
Net Receivables13.7M3.2M4.0M8.3M7.4M7.1M
Common Stock Shares Outstanding35.3M38.8M36.1M39.5M45.4M34.0M
Liabilities And Stockholders Equity1.5B1.5B1.1B898.5M1.0B884.1M
Non Current Liabilities Total690.7M710.4M593.0M430.5M495.1M478.3M
Inventory23.0M24.5M26.7M29.2M33.6M25.7M
Other Current Assets19.5M10.2M10.0M65.0M74.8M78.5M
Total Liab1.0B968.6M807.4M698.4M803.2M663.2M
Property Plant And Equipment Gross1.3B1.3B914.4M1.1B1.2B626.1M
Total Current Assets155.6M158.4M98.3M138.6M159.4M219.8M
Short Term Debt277.1M180.3M131.8M167.2M192.2M99.5M
Accounts Payable53.2M61.5M59.4M59.0M67.8M39.6M
Intangible Assets9.5M8.0M6.8M3.8M3.5M3.3M
Common Stock Total Equity238.5M242.8M256.4M259.2M298.1M163.3M
Common Stock242.8M256.4M259.2M271.2M311.8M167.1M
Other Liab91.9M85.8M136.7M73.7M66.3M90.9M
Net Tangible Assets416.3M449.8M481.3M304.3M350.0M324.8M
Other Assets11.0M2.6M46.4M89.9M103.4M108.6M
Long Term Debt542.5M539.7M502.5M364.7M328.3M478.1M
Short Long Term Debt189.3M111.7M97.2M163.6M188.1M147.5M
Property Plant Equipment1.3B1.2B1.2B944.3M1.1B1.2B
Long Term Debt Total677.4M542.5M539.7M502.5M452.3M529.1M
Deferred Long Term Liab3.9M78.6M3.5M41.4M47.6M50.0M
Non Current Liabilities Other69.6M72.5M49.0M1.8M1.6M1.6M

Also Currently Popular

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market 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.