Mercury Tax Provision from 2010 to 2024

MCY Stock  USD 71.12  1.74  2.39%   
Mercury General Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision is likely to outpace its year average in 2024. Tax Provision is the amount set aside by Mercury General to cover any estimated taxes for the current period. It reflects Mercury General's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
12.5 M
Current Value
56.2 M
Quarterly Volatility
33 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 Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Mercury General over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Mercury General's Tax Provision 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.
Tax Provision10 Years Trend
Pretty Stable
   Tax Provision   
       Timeline  

Mercury Tax Provision Regression Statistics

Arithmetic Mean(6,575,230)
Coefficient Of Variation(853.89)
Mean Deviation34,931,937
Median(3,912,000)
Standard Deviation56,145,157
Sample Variance3152.3T
Range241.9M
R-Value(0.23)
Mean Square Error3211.2T
R-Squared0.05
Significance0.40
Slope(2,919,729)
Total Sum of Squares44131.9T

Mercury Tax Provision History

2024-51.3 M
2023-54 M
2022-158 M
202151.4 M
202083.9 M
201958 M
2018-24.9 M

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Tax Provision, 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
Tax Provision-54 M-51.3 M

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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.