Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Mesa Air Group's
Operating Income
for the
three
months ended in Sep. 2025 was $-1.9 Mil. Mesa Air Group's Interest Expense for the
three
months ended in Sep. 2025 was $-2.8 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mesa Air Group's Interest Coverage or its related term are showing as below:
MESA's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.66 * Ranked among companies with meaningful Interest Coverage only.
Mesa Air Group (NAS:MESA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Mesa Air Group Interest Coverage Related Terms
Mesa Air Group Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mesa Air Group's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MESA vs SNCY, ULCC, ALGT: Interest Coverage Comparison
For the Airlines subindustry, Mesa Air Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Mesa Air Group's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mesa Air Group's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Mesa Air Group did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Mesa Air Group (MESA) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mesa Air Group and its competitors.
Is Mesa Air Group's Interest Coverage too high?
Mesa Air Group's current Interest Coverage is 0 (At Loss). 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 Interest Coverage compare to SNCY and ULCC?
Mesa Air Group's Interest Coverage of 0 (At Loss) can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mesa Air Group and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Air Group's current Interest Coverage is 0 (At Loss). 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 Interest Coverage of 0 (At Loss). 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 Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mesa Air Group (MESA), the current Interest Coverage is 0 (At Loss) 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:
Interest Coverage: 0 (At Loss)
GF Value™: $13.88 vs. price of $1.40 (89.9% below fair value)
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
Get the complete analysis for MESA
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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