Mercury Capital Lease Obligations from 2010 to 2024

MCY Stock  USD 70.56  2.30  3.16%   
Mercury General Capital Lease Obligations yearly trend continues to be fairly stable with very little volatility. Capital Lease Obligations is likely to outpace its year average in 2024. Capital Lease Obligations is the total obligations of Mercury General under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-03-31
Previous Quarter
14.2 M
Current Value
14.1 M
Quarterly Volatility
13 M
 
Covid
Check Mercury General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercury General's main balance sheet or income statement drivers, such as Interest Expense of 25.4 M, Total Revenue of 2.4 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0293 or PTB Ratio of 1.93. Mercury financial statements analysis is a perfect complement when working with Mercury General Valuation or Volatility modules.
  
Check out the analysis of Mercury General Correlation against competitors.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.

Latest Mercury General's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Mercury General over the last few years. Mercury General capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Mercury General asset purchases. For example, Mercury General can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Mercury General control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Mercury General's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercury General's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Mercury Capital Lease Obligations Regression Statistics

Arithmetic Mean41,368,365
Geometric Mean39,215,280
Coefficient Of Variation27.73
Mean Deviation9,164,398
Median47,996,000
Standard Deviation11,470,020
Sample Variance131.6T
Range33.8M
R-Value(0.77)
Mean Square Error57.7T
R-Squared0.59
Significance0.0008
Slope(1,975,184)
Total Sum of Squares1841.9T

Mercury Capital Lease Obligations History

202426 M
202314.2 M
202221.9 M
202134.6 M
202043.8 M

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mercury General. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations14.2 M26 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Mercury Stock Analysis

When running Mercury General's price analysis, check to measure Mercury General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.