Mesa Interest Expense vs Operating Income Analysis

MESA Stock

USD 0.86 0.01 1.15%

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 Interest Expense and its Operating Income 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.

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mesa Air Group Interest Expense account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mesa Air's Interest Expense and Operating Income is -0.46. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Operating Income 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 Interest Expense and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of Mesa Air Group are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Interest Expense i.e., Mesa Air's Interest Expense and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Operating Income

Operating Income is the amount of profit realized from Mesa Air Group operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mesa Air Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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 21, 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

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	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments
Total Assets		0.93	0.13	0.72	0.72	0.99	0.88	0.65	0.63	0.99	-0.26	0.67	0.43	0.51	0.88	0.25	-0.1	0.95	0.94	0.54	0.67	0.75	0.26	0.76	0.07	-0.78
Short Long Term Debt Total	0.93		0.22	0.52	0.4	0.95	0.99	0.51	0.33	0.94	-0.57	0.4	0.41	0.38	0.98	0.0	-0.23	0.99	0.88	0.35	0.44	0.66	0.5	0.69	-0.24	-0.72
Other Current Liab	0.13	0.22		0.17	-0.1	0.06	0.25	-0.44	-0.13	0.07	-0.04	-0.16	0.44	0.26	0.19	0.29	0.66	0.21	0.2	0.5	-0.02	0.26	-0.12	0.16	0.04	-0.35
Total Current Liabilities	0.72	0.52	0.17		0.75	0.65	0.46	0.28	0.63	0.67	0.25	0.63	0.33	0.74	0.37	0.75	0.41	0.58	0.83	0.69	0.97	0.82	-0.34	0.63	0.61	-0.73
Total Stockholder Equity	0.72	0.4	-0.1	0.75		0.66	0.3	0.7	0.92	0.68	0.42	0.91	0.37	0.45	0.32	0.52	0.13	0.47	0.64	0.62	0.8	0.55	-0.21	0.61	0.6	-0.48
Property Plant And Equipment Net	0.99	0.95	0.06	0.65	0.66		0.91	0.7	0.56	1.0	-0.36	0.62	0.45	0.44	0.91	0.12	-0.23	0.96	0.92	0.41	0.61	0.69	0.39	0.77	-0.03	-0.72
Net Debt	0.88	0.99	0.25	0.46	0.3	0.91		0.44	0.21	0.9	-0.64	0.29	0.4	0.36	0.98	-0.05	-0.25	0.98	0.85	0.27	0.37	0.63	0.54	0.65	-0.31	-0.7
Retained Earnings	0.65	0.51	-0.44	0.28	0.7	0.7	0.44		0.62	0.68	-0.12	0.71	0.41	-0.06	0.51	-0.21	-0.55	0.52	0.49	0.08	0.4	0.14	0.47	0.63	0.02	-0.14
Cash	0.63	0.33	-0.13	0.63	0.92	0.56	0.21	0.62		0.57	0.39	0.95	0.19	0.3	0.27	0.44	0.15	0.4	0.49	0.73	0.67	0.41	-0.21	0.52	0.49	-0.35
Non Current Assets Total	0.99	0.94	0.07	0.67	0.68	1.0	0.9	0.68	0.57		-0.32	0.63	0.41	0.48	0.9	0.17	-0.21	0.96	0.93	0.43	0.63	0.73	0.33	0.74	0.02	-0.75
Non Currrent Assets Other	-0.26	-0.57	-0.04	0.25	0.42	-0.36	-0.64	-0.12	0.39	-0.32		0.34	-0.09	0.2	-0.66	0.64	0.54	-0.51	-0.22	0.28	0.29	0.05	-0.82	-0.27	0.89	0.16
Cash And Short Term Investments	0.67	0.4	-0.16	0.63	0.91	0.62	0.29	0.71	0.95	0.63	0.34		0.25	0.23	0.33	0.33	0.03	0.45	0.57	0.61	0.68	0.44	-0.06	0.54	0.51	-0.27
Net Receivables	0.43	0.41	0.44	0.33	0.37	0.45	0.4	0.41	0.19	0.41	-0.09	0.25		0.03	0.33	-0.04	0.16	0.38	0.41	0.3	0.33	0.07	0.32	0.74	0.07	-0.18
Common Stock Shares Outstanding	0.51	0.38	0.26	0.74	0.45	0.44	0.36	-0.06	0.3	0.48	0.2	0.23	0.03		0.29	0.76	0.45	0.45	0.64	0.49	0.63	0.85	-0.47	0.28	0.45	-0.81
Non Current Liabilities Total	0.88	0.98	0.19	0.37	0.32	0.91	0.98	0.51	0.27	0.9	-0.66	0.33	0.33	0.29		-0.13	-0.33	0.97	0.79	0.26	0.28	0.57	0.58	0.61	-0.38	-0.67
Inventory	0.25	0.0	0.29	0.75	0.52	0.12	-0.05	-0.21	0.44	0.17	0.64	0.33	-0.04	0.76	-0.13		0.71	0.09	0.38	0.65	0.68	0.66	-0.85	0.09	0.79	-0.58
Other Current Assets	-0.1	-0.23	0.66	0.41	0.13	-0.23	-0.25	-0.55	0.15	-0.21	0.54	0.03	0.16	0.45	-0.33	0.71		-0.18	0.03	0.67	0.3	0.26	-0.7	0.06	0.56	-0.23
Total Liab	0.95	0.99	0.21	0.58	0.47	0.96	0.98	0.52	0.4	0.96	-0.51	0.45	0.38	0.45	0.97	0.09	-0.18		0.91	0.41	0.5	0.71	0.42	0.7	-0.17	-0.77
Property Plant And Equipment Gross	0.94	0.88	0.2	0.83	0.64	0.92	0.85	0.49	0.49	0.93	-0.22	0.57	0.41	0.64	0.79	0.38	0.03	0.91		0.5	0.75	0.86	0.16	0.75	0.19	-0.8
Total Current Assets	0.54	0.35	0.5	0.69	0.62	0.41	0.27	0.08	0.73	0.43	0.28	0.61	0.3	0.49	0.26	0.65	0.67	0.41	0.5		0.61	0.51	-0.38	0.52	0.41	-0.57
Short Term Debt	0.67	0.44	-0.02	0.97	0.8	0.61	0.37	0.4	0.67	0.63	0.29	0.68	0.33	0.63	0.28	0.68	0.3	0.5	0.75	0.61		0.7	-0.32	0.64	0.63	-0.6
Accounts Payable	0.75	0.66	0.26	0.82	0.55	0.69	0.63	0.14	0.41	0.73	0.05	0.44	0.07	0.85	0.57	0.66	0.26	0.71	0.86	0.51	0.7		-0.23	0.38	0.41	-0.85
Intangible Assets	0.26	0.5	-0.12	-0.34	-0.21	0.39	0.54	0.47	-0.21	0.33	-0.82	-0.06	0.32	-0.47	0.58	-0.85	-0.7	0.42	0.16	-0.38	-0.32	-0.23		0.34	-0.75	0.17
Current Deferred Revenue	0.76	0.69	0.16	0.63	0.61	0.77	0.65	0.63	0.52	0.74	-0.27	0.54	0.74	0.28	0.61	0.09	0.06	0.7	0.75	0.52	0.64	0.38	0.34		0.03	-0.5
Common Stock Total Equity	0.07	-0.24	0.04	0.61	0.6	-0.03	-0.31	0.02	0.49	0.02	0.89	0.51	0.07	0.45	-0.38	0.79	0.56	-0.17	0.19	0.41	0.63	0.41	-0.75	0.03		-0.12
Short Term Investments	-0.78	-0.72	-0.35	-0.73	-0.48	-0.72	-0.7	-0.14	-0.35	-0.75	0.16	-0.27	-0.18	-0.81	-0.67	-0.58	-0.23	-0.77	-0.8	-0.57	-0.6	-0.85	0.17	-0.5	-0.12

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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	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	36.1M	41.5M	72.0M
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	36.1M	41.5M	39.4M
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	65.0M	74.8M	78.5M
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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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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Largest Passenger Airlines Companies

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Largest Transportation Companies

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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 closely tied with the direction of predictive economic indicators such as signals in state.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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.

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Mesa Interest Expense vs Operating Income Analysis

Interest Expense vs Operating Income

Interest Expense vs Operating Income Correlation Analysis

Correlation Coefficient

Interest Expense

Operating Income

Mesa Air fundamental ratios Correlations

Mesa Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mesa Air fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

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

Short Term Investments	- 0.85	Accounts Payable
Intangible Assets	- 0.85	Inventory
Intangible Assets	- 0.82	Non Currrent Assets Other
Short Term Investments	- 0.81	Common Stock Shares Outstanding
Short Term Investments	- 0.8	Property Plant And Equipment Gross
Short Term Investments	- 0.78	Total Assets