Mercury General Stock Working Capital

MCY Stock  USD 68.84  0.85  1.25%   
Mercury General fundamentals help investors to digest information that contributes to Mercury General's financial success or failures. It also enables traders to predict the movement of Mercury Stock. The fundamental analysis module provides a way to measure Mercury General's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Mercury General stock.
Last ReportedProjected for Next Year
Change In Working Capital330.4 M346.9 M
Change In Working Capital is likely to rise to about 346.9 M in 2024.
  
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Mercury General Company Working Capital Analysis

Mercury General's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

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Current Assets

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Current Liabilities

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Mercury Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Mercury General is extremely important. It helps to project a fair market value of Mercury Stock properly, considering its historical fundamentals such as Working Capital. Since Mercury General's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mercury General's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mercury General's interrelated accounts and indicators.
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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Competition

Mercury Capital Surpluse

Capital Surpluse

0.0

At this time, Mercury General's Capital Surpluse is fairly stable compared to the past year.
Based on the company's disclosures, Mercury General has a Working Capital of 0.0. This is 100.0% lower than that of the Insurance sector and about the same as Financials (which currently averages 0.0) industry. The working capital for all United States stocks is 100.0% higher than that of the company.

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Mercury General ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Mercury General's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Mercury General's managers, analysts, and investors.
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Mercury Fundamentals

About Mercury General Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Mercury General's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mercury General using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mercury General based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.