Mesa Air Group, Inc. (MESA) financial statements (2021 and earlier)

Company profile

Business Address 410 NORTH 44TH STREET
PHOENIX, AZ 85008
State of Incorp. NV
Fiscal Year End September 30
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1819969123
Cash and cash equivalents1819969103
Short-term investments   20
Restricted cash and investments434 
Receivables15142314
Inventory, net of allowances, customer advances and progress billings27272519
Inventory27272519
Prepaid expense  3630
Deferred costs1122
Other current assets121534
Other undisclosed current assets(5)(4)(4)5
Total current assets:236156158198
Noncurrent Assets
Operating lease, right-of-use asset115123 
Property, plant and equipment1,1941,2121,2741,251
Intangible assets, net (including goodwill)881011
Intangible assets, net (excluding goodwill)881011
Other noncurrent assets11910
Other undisclosed noncurrent assets2223
Total noncurrent assets:1,3191,3461,2941,274
TOTAL ASSETS:1,5551,5021,4521,472
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities921209196
Accounts payable48535054
Accrued liabilities38552930
Employee-related liabilities7121212
Deferred revenue51  
Debt100189166155
Other undisclosed current liabilities4544  
Total current liabilities:288353257251
Noncurrent Liabilities
Long-term debt and lease obligation, including:624542677760
Long-term debt, excluding current maturities624542677760
Operating lease, liability5463 
Other undisclosed long-term debt and lease obligation(54)(63)  
Liabilities, other than long-term debt100803786
Deferred revenue271412
Contract with customer, liability15
Deferred tax liabilities, net40
Deferred income tax liabilities6964 
Other liabilities412431
Other undisclosed noncurrent liabilities596855 
Total noncurrent liabilities:783691769847
Total liabilities:1,0711,0441,0261,098
Stockholders' equity
Stockholders' equity attributable to parent, including:484458426374
Retained earnings229215187140
Other undisclosed stockholders' equity attributable to parent255243239235
Total stockholders' equity:484458426374
TOTAL LIABILITIES AND EQUITY:1,5551,5021,4521,472

Income statement (P&L) ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
Revenues511545723682
Operating lease, lease income 209219
Cost of revenue(297)(330)(474)(490)
Cost of goods and services sold(48)(49)(53)(70)
Gross profit:214215249192
Operating expenses(134)(135)(128)(119)
Operating income:808012173
Nonoperating expense(38)(43)(58)(57)
Interest and debt expense(31)(44)(4)(57)
Income (loss) from continuing operations before equity method investments, income taxes:11(7)60(41)
Other undisclosed income from continuing operations before income taxes3144457
Income from continuing operations before income taxes:42376316
Income tax expense (benefit)(11)(10)(16)17
Net income available to common stockholders, diluted:31274833

Comprehensive Income ($ in millions)

12/31/2020
TTM
9/30/2020
9/30/2019
9/30/2018
Net income:31274833
Comprehensive income, net of tax, attributable to parent:31274833

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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