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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Mesa Air Group's cash to debt ratio for the quarter that ended in Sep. 2025 was 0.38.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Mesa Air Groupcouldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2025.
The historical rank and industry rank for Mesa Air Group's Cash-to-Debt or its related term are showing as below:
MESA'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 0.39
Current: 0.38
During the past 13 years, Mesa Air Group's highest Cash to Debt Ratio was 0.39. The lowest was 0.03. And the median was 0.08.
MESA's Cash-to-Debt is not ranked
in the Transportation industry.
Industry Median: 0.47
vs MESA: 0.38
Mesa Air Group (NAS:MESA) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Mesa Air Group Cash-to-Debt Related Terms
Mesa Air Group Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Mesa Air Group's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Airlines subindustry, Mesa Air Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mesa Air Group Cash-to-Debt vs Transportation Industry
For the Transportation industry and Industrials sector, Mesa Air Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Mesa Air Group's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mesa Air Group (MESA) has a Cash-to-Debt of 0.38 as of Sep. 2025. This is 375% above median its historical median of 0.08. Over the past decade, Mesa Air Group's Cash-to-Debt has ranged from 0.03 to 0.39.
Is Mesa Air Group's Cash-to-Debt too high?
Mesa Air Group's current Cash-to-Debt of 0.38 is 375% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.39. The Transportation industry median Cash-to-Debt is 0.47. Mesa Air Group's value of 0.38 is 19.1% below this industry median. Overall, Mesa Air Group has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mesa Air Group's Cash-to-Debt compare to SNCY and ULCC?
Mesa Air Group's Cash-to-Debt of 0.38 can be compared against companies in the Transportation industry. The industry median Cash-to-Debt is 0.47. Mesa Air Group's value of 0.38 is 19.1% below this benchmark. Historically, Mesa Air Group's own Cash-to-Debt has ranged from 0.03 to 0.39 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.47, Mesa Air Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Transportation company?
The median Cash-to-Debt among Transportation companies is 0.47, based on 995 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesa Air Group's current Cash-to-Debt of 0.38 is 19.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Cash-to-Debt is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Air Group's current Cash-to-Debt is 0.38, which is 375% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Air Group stock overvalued right now?
Mesa Air Group (MESA) has a current Cash-to-Debt of 0.38. The stock's GF Value™ is $13.88, compared to a current price of $1.40 — trading 89.9% below its estimated fair value. The current Cash-to-Debt is 0.38, which is 375% above median its 10-year median of 0.08 and 19.1% below the Transportation industry median of 0.47. Mesa Air Group's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Mesa Air Group (MESA), the current Cash-to-Debt is 0.38 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesa Air Group (MESA) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Air Group stock appears to be undervalued.
The current stock price of $1.40 is trading 89.9% below its estimated GF Value™ of $13.88.
Key valuation signals for MESA:
Cash-to-Debt: 0.38 (375% above median its 10-year median of 0.08)
GF Value™: $13.88 vs. price of $1.40 (89.9% below fair value)
Industry Position: 19.1% below the Transportation median
No single metric tells the full story. See the MESA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Air Group Inc is a regional air carrier providing scheduled passenger service. It provides services to the District of Columbia, Canada, Cuba, and Mexico, and cargo services out of Cincinnati/Northern Kentucky International Airport. Flights are operated as American Eagle, United Express, or DHL Express flights to the terms of capacity purchase agreements with American and United and a flight services agreement with DHL. The business has a presence in domestic hubs and cities, including Dallas, Houston, Phoenix, and Washington-Dulles, and other regions.
55GF Score
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