Return On Equity ratio Analysis of Mesa Air Group Inc - Deep Dive
Latest FY ROE
Period Ending - Sep-23
Very Poor ROE
-60.05
Period Ending - Sep-22
Very Poor ROE
-59.28
Growth
-1.30 %
Trailing Twelve Months ROE
Period Ending - Sep-23
Very Poor ROE
-77.50
Most recent Quarter ROE
Period Ending - Mar-24
Very Poor ROE
-40.56
ROE Analysis of Mesa Air Group Inc
ROE Ratio of Mesa Air Group Inc with value of -77.50 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in trailing twelve months. |
ROE Ratio of Mesa Air Group Inc with value of -40.56 means is not able to effectively utilize its Shareholders Fund in order to generate a profit in latest Quarter ending on Mar-24. |
ROE Ratio of MESA has fallen by -1.30 % Compared to previous Financial Year. |
ROE Ratio with value of 11.17 was highest in Year Sep-19 in last Five Years. |
ROE Ratio of MESA trending down for at least three Years. |
Latest ROE Ratio with value of -60.05 is lower than Average ROE of -19.75 in last five years. |
ROE of Mesa Air Group Inc is negative because of poor net profit in last Financial Year , last Quarter and also in last twelve Months. |
Other ROE Related Info of MESA that may interest you.
Mesa Air Group Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
MESA | 1.22 | 1.15 | 6.09 % | Airlines |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..ROE Related Ratios
ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
Poor Profitability Stock |
FY - Historical Return On Equity of Mesa Air Group Inc
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
ROE | -60.05 | -59.28 | 3.40 | 6.00 | 11.17 | 8.88 | 14.77 |
Change | -1.30 % | -1844.05 % | -43.34 % | -46.31 % | 25.81 % | -39.88 % | 87.28 % |
FY Chart of Return On Equity of Mesa Air Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)