Mesa Air Group Inc (MESA) — Working Capital to Net Assets Ratio
Mesa Air Group Inc (MESA) has a Working Capital to Net Assets ratio of 105.1% as of September 2025. Working capital of $-55.33 Million (current assets of $114.63 Million minus current liabilities of $169.96 Million) is measured against net assets of $-52.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MESA net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mesa Air Group Inc Working Capital to Net Assets (1990–2025)
This chart shows how Mesa Air Group Inc's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1990 to 2025. As of September 2025, the ratio stands at 105.1%, reflecting working capital of $-55.33 Million against net assets of $-52.64 Million USD. Check Mesa Air Group Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mesa Air Group Inc (1990–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mesa Air Group Inc from 1990 to 2025, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MESA market cap.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -102.7% | $-113.18 Million | $110.24 Million | $61.28 Million | $174.46 Million | ▲ +0.0 pp |
| 2024 | -102.7% | $-113.18 Million | $110.24 Million | $61.28 Million | $174.46 Million | ▼ -38.0 pp |
| 2023 | -64.6% | $-129.32 Million | $200.04 Million | $138.59 Million | $267.91 Million | ▼ -27.0 pp |
| 2022 | -37.7% | $-116.14 Million | $308.17 Million | $98.33 Million | $214.48 Million | ▼ -17.2 pp |
| 2021 | -20.5% | $-99.81 Million | $488.05 Million | $158.39 Million | $258.19 Million | ▲ +22.7 pp |
| 2020 | -43.2% | $-197.74 Million | $457.86 Million | $155.59 Million | $353.33 Million | ▼ -20.0 pp |
| 2019 | -23.2% | $-98.86 Million | $425.87 Million | $157.84 Million | $256.71 Million | ▼ -8.9 pp |
| 2018 | -14.3% | $-53.46 Million | $374.47 Million | $197.92 Million | $251.38 Million | ▲ +18.3 pp |
| 2017 | -32.6% | $-72.37 Million | $222.22 Million | $145.84 Million | $218.21 Million | ▲ +13.3 pp |
| 2016 | -45.8% | $-86.68 Million | $189.15 Million | $105.17 Million | $191.85 Million | ▼ -103.0 pp |
| 2008 | 57.1% | $62.64 Million | $109.66 Million | $335.05 Million | $272.41 Million | ▼ -75.8 pp |
| 2007 | 133.0% | $192.92 Million | $145.10 Million | $532.25 Million | $339.33 Million | ▲ +58.9 pp |
| 2006 | 74.1% | $195.71 Million | $264.21 Million | $458.77 Million | $263.06 Million | ▼ -59.6 pp |
| 2005 | 133.6% | $236.11 Million | $176.67 Million | $452.91 Million | $216.80 Million | ▲ +123.1 pp |
| 2004 | 10.5% | $13.56 Million | $128.90 Million | $358.39 Million | $344.83 Million | ▼ -140.8 pp |
| 2003 | 151.4% | $177.05 Million | $116.97 Million | $273.28 Million | $96.23 Million | ▲ +69.2 pp |
| 2002 | 82.2% | $74.02 Million | $90.07 Million | $171.20 Million | $97.19 Million | ▲ +0.8 pp |
| 2001 | 81.4% | $83.90 Million | $103.13 Million | $241.01 Million | $157.12 Million | ▲ +40.4 pp |
| 2000 | 40.9% | $59.16 Million | $144.57 Million | $152.34 Million | $93.18 Million | ▲ +6.7 pp |
| 1999 | 34.3% | $33.04 Million | $96.44 Million | $201.95 Million | $168.91 Million | ▲ +31.5 pp |
| 1998 | 2.8% | $3.37 Million | $121.10 Million | $102.16 Million | $98.79 Million | ▼ -35.9 pp |
| 1997 | 38.7% | $68.56 Million | $177.09 Million | $166.70 Million | $98.14 Million | ▲ +7.2 pp |
| 1996 | 31.5% | $70.86 Million | $224.67 Million | $134.47 Million | $63.62 Million | ▼ -15.4 pp |
| 1995 | 46.9% | $120.04 Million | $255.88 Million | $175.65 Million | $55.61 Million | ▼ -10.4 pp |
| 1994 | 57.3% | $134.30 Million | $234.30 Million | $177.90 Million | $43.60 Million | ▼ -1.0 pp |
| 1993 | 58.4% | $125.70 Million | $215.40 Million | $186.20 Million | $60.50 Million | ▲ +19.5 pp |
| 1992 | 38.8% | $38.50 Million | $99.10 Million | $78.90 Million | $40.40 Million | ▼ -0.1 pp |
| 1991 | 39.0% | $15.70 Million | $40.30 Million | $26.20 Million | $10.50 Million | ▼ -4.5 pp |
| 1990 | 43.4% | $5.30 Million | $12.20 Million | $11.20 Million | $5.90 Million | — |