Mesa Air Group Inc Working Capital to Net Assets Ratio
Mesa Air Group Inc 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. Check how tangible is Mesa Air Group Inc's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Mesa Air Group Inc (1990–2025)
Working capital to net assets ratio of Mesa Air Group Inc from 1990 to 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. See MESA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Mesa Air Group Inc Working Capital to Net Assets Ratio by Year (1990–2025)
Mesa Air Group Inc working capital to net assets ratio by year from 1990 to 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 the complete balance sheet picture, see MESA asset base.
| 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 | — |