MESA (Mesa Air Group) Current Ratio: 0.67 (As of Sep. 2025) — 14% Above Median


MESA Mesa Air Group Inc MESA
55 GF Score
Price $1.40
GF Value $13.88
! 6 Warning Signs
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What is Mesa Air Group Current Ratio?

Mesa Air Group MESA 55 Current Ratio is 0.67 as of Sep. 2025, which is 14% above its 10-year median of 0.59. GuruFocus rates MESA with a GF Score™ of 55/100 and a GF Value™ of $13.88. The stock has 6 warning signs investors should review.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mesa Air Group's current ratio for the quarter that ended in Sep. 2025 was 0.67.

Mesa Air Group has a current ratio of 0.67. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Mesa Air Group has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Mesa Air Group's Current Ratio or its related term are showing as below:

MESA' s Current Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.59   Max: 0.82
Current: 0.67

During the past 13 years, Mesa Air Group's highest Current Ratio was 0.82. The lowest was 0.33. And the median was 0.59.

MESA's Current Ratio is not ranked
in the Transportation industry.
Industry Median: 1.47 vs MESA: 0.67

Mesa Air Group  (NAS:MESA) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Mesa Air Group Current Ratio Related Terms


Mesa Air Group Current Ratio Historical Data

* Premium members only.

The historical data trend for Mesa Air Group's Current Ratio 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.

Mesa Air Group Current Ratio Chart

Mesa Air Group Annual Data
Trend Sep08 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.61 0.46 0.52 0.35

Mesa Air Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.64 0.81 0.76 0.67

MESA vs SNCY, ULCC, ALGT: Current Ratio Comparison

For the Airlines subindustry, Mesa Air Group's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Mesa Air Group's Current Ratio distribution charts can be found below:

* The bar in red indicates where Mesa Air Group's Current Ratio falls into.


MESA
55GF Score
Mesa Air Group Inc MESA
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mesa Air Group Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Mesa Air Group's Current Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Current Ratio (A: Sep. 2024 )=Total Current Assets (A: Sep. 2024 )/Total Current Liabilities (A: Sep. 2024 )
=61.277/174.458
=0.35

Mesa Air Group's Current Ratio for the quarter that ended in Sep. 2025 is calculated as

Current Ratio (Q: Sep. 2025 )=Total Current Assets (Q: Sep. 2025 )/Total Current Liabilities (Q: Sep. 2025 )
=114.626/169.955
=0.67

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.67 mean?
Mesa Air Group (MESA) has a Current Ratio of 0.67 as of Sep. 2025. This is 14% above median its historical median of 0.59. Over the past decade, Mesa Air Group's Current Ratio has ranged from 0.33 to 0.82.
Is Mesa Air Group's Current Ratio too high?
Mesa Air Group's current Current Ratio of 0.67 is 14% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 0.82. The Transportation industry median Current Ratio is 1.47. Mesa Air Group's value of 0.67 is 54.4% 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 Current Ratio compare to SNCY and ULCC?
Mesa Air Group's Current Ratio of 0.67 can be compared against companies in the Transportation industry. The industry median Current Ratio is 1.47. Mesa Air Group's value of 0.67 is 54.4% below this benchmark. Historically, Mesa Air Group's own Current Ratio has ranged from 0.33 to 0.82 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 1.47, 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 Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesa Air Group's current Current Ratio of 0.67 is 54.4% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Air Group's current Current Ratio is 0.67, which is 14% above median its own 10-year median of 0.59. 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 Current Ratio of 0.67. 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 Current Ratio is 0.67, which is 14% above median its 10-year median of 0.59 and 54.4% below the Transportation industry median of 1.47. 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mesa Air Group (MESA), the current Current Ratio is 0.67 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:

  • Current Ratio: 0.67 (14% above median its 10-year median of 0.59)
  • GF Value™: $13.88 vs. price of $1.40 (89.9% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 54.4% 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 Business Description

Address 410 North 44th Street, Suite 700, Phoenix, AZ, USA, 85008
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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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.40
Price
$13.88
GF Value