Mesa Fixed Asset Turnover from 2010 to 2024

MESA Stock  USD 1.22  0.07  6.09%   
Mesa Air's Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 0.77. From 2010 to 2024 Mesa Air Fixed Asset Turnover quarterly data regression line had arithmetic mean of  0.71 and r-squared of  0.1. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
0.81
Current Value
0.77
Quarterly Volatility
0.59081325
 
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 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 exotic 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.
  
This module can also supplement Mesa Air's financial leverage analysis and stock options assessment as well as various Mesa Air Technical models . Check out the analysis of Mesa Air Correlation against competitors.

Latest Mesa Air's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Mesa Air Group over the last few years. It is Mesa Air's Fixed Asset Turnover 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.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Mesa Fixed Asset Turnover Regression Statistics

Arithmetic Mean0.71
Geometric Mean0.61
Coefficient Of Variation83.09
Mean Deviation0.30
Median0.54
Standard Deviation0.59
Sample Variance0.35
Range2.4026
R-Value(0.32)
Mean Square Error0.34
R-Squared0.1
Significance0.25
Slope(0.04)
Total Sum of Squares4.89

Mesa Fixed Asset Turnover History

2024 0.77
2023 0.81
2022 0.7
2021 0.58
2020 0.4
2019 0.41
2018 0.57

About Mesa Air Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mesa Air income statement, its balance sheet, and the statement of cash flows. Mesa Air investors use historical funamental indicators, such as Mesa Air's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Mesa Air investors may use each financial statement separately, they are all related. The changes in Mesa Air's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mesa Air's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mesa Air Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mesa Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 0.81  0.77 

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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:
Check out the analysis of Mesa Air Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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
(4.20)
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.