Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Mesa Air Group's share price for the quarter that ended in Sep. 2023 was $0.859. Mesa Air Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 40.9 Mil. Therefore, Mesa Air Group's market cap for the quarter that ended in Sep. 2023 was $35.2 Mil.
Mesa Air Group's quarterly market cap
increased
from Mar. 2023 ($96.3 Mil) to Jun. 2023 ($104.1 Mil) but then
declined
from Jun. 2023 ($104.1 Mil) to Sep. 2023 ($35.2 Mil).
Mesa Air Group's annual market cap
declined
from Sep. 2021 ($275.4 Mil) to Sep. 2022 ($60.0 Mil) and
declined
from Sep. 2022 ($60.0 Mil) to Sep. 2023 ($35.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Mesa Air Group's Enterprise Value for Today is $517.7 Mil.
Mesa Air Group Market Cap Historical Data
The historical data trend for Mesa Air Group's Market Cap 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.
Competitive Comparison of Mesa Air Group's Market Cap
For the Airlines subindustry, Mesa Air Group's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Mesa Air Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Mesa Air Group's Market Cap falls into.
Mesa Air Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Mesa Air Group's Market Cap for the fiscal year that ended in Sep. 2023 is calculated as
* 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 (NAS:MESA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Mesa Air Group Market Cap Related Terms
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Mesa Air Group (Mesa Air Group) Business Description
Mesa Air Group Inc is a regional air carrier providing scheduled passenger service. It provides scheduled passenger service to 129 cities in the District of Columbia, the Bahamas, and Mexico, as well as 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.
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