Mercury Historical Balance Sheet

MCY Stock  USD 71.12  1.74  2.39%   
Trend analysis of Mercury General balance sheet accounts such as Net Debt of 64.5 M provides information on Mercury General's total assets, liabilities, and equity, which is the actual value of Mercury General to its prevalent stockholders. By breaking down trends over time using Mercury General balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Mercury General latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Mercury General is a good buy for the upcoming year.

Mercury General Inventory

(1.7 Billion)

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury General. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.

About Mercury Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Mercury General at a specified time, usually calculated after every quarter, six months, or one year. Mercury General Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Mercury General and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Mercury currently owns. An asset can also be divided into two categories, current and non-current.

Mercury General Balance Sheet Chart

At this time, Mercury General's Net Tangible Assets are fairly stable compared to the past year. Total Permanent Equity is likely to rise to about 2.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024.

Total Assets

Total assets refers to the total amount of Mercury General assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Mercury General books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Debt

Long-term debt is a debt that Mercury General has held for over one year. Long-term debt appears on Mercury General balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Mercury General balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Mercury General's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Mercury General current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury General. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.At this time, Mercury General's Net Tangible Assets are fairly stable compared to the past year. Total Permanent Equity is likely to rise to about 2.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total407.5M420.3M588.0M617.4M
Total Assets6.8B6.5B7.1B7.5B

Mercury General balance sheet Correlations

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0.620.510.740.250.730.630.090.260.520.720.39-0.05-0.10.660.7-0.73-0.530.740.520.820.780.730.820.490.57
0.830.660.720.510.710.750.280.160.760.780.45-0.2-0.020.870.77-0.77-0.420.850.640.820.380.871.00.670.82
0.250.220.570.140.570.22-0.130.340.130.470.110.1-0.010.30.33-0.56-0.560.310.140.780.380.290.380.160.05
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Click cells to compare fundamentals

Mercury General Account Relationship Matchups

Mercury General balance sheet Accounts

201920202021202220232024 (projected)
Total Assets5.9B6.3B6.8B6.5B7.1B7.5B
Short Long Term Debt Total420.1M416.4M407.5M420.3M588.0M617.4M
Total Stockholder Equity1.8B2.0B2.1B1.5B1.5B1.3B
Net Debt125.7M67.9M72.0M130.5M37.1M64.5M
Retained Earnings1.7B1.9B2.0B1.4B1.4B1.2B
Common Stock Shares Outstanding55.4M55.4M55.4M55.4M63.7M59.7M
Liabilities And Stockholders Equity5.9B6.3B6.8B6.5B7.1B7.5B
Non Current Liabilities Total448.1M457.5M461.1M4.8B5.6B5.8B
Total Liab4.1B4.3B4.6B5.0B5.6B5.8B
Property Plant And Equipment Net213.9M219.5M223.3M191.6M165.6M123.7M
Non Current Assets Total4.6B5.0B5.4B286.5M5.3B5.5B
Non Currrent Assets Other(28.0M)(41.1M)(53.6M)(4.9B)(5.3B)(5.0B)
Other Assets(176.6M)(47.0M)189.4M5.2B505.5M480.3M
Net Receivables697.8M648.3M688.4M658.5M601.7M394.5M
Total Current Assets1.5B1.4B1.2B978.8M1.3B691.6M
Other Current Liab(143.3M)(204.8M)(189.2M)(151.7M)(4.1M)(3.9M)
Total Current Liabilities143.3M194.4M169.1M206.8M175.2M204.4M
Accounts Payable143.3M194.4M169.1M151.7M175.2M117.4M
Cash294.4M348.5M335.6M289.8M550.9M578.4M
Cash And Short Term Investments788.5M724.1M475.7M412.7M729.4M412.9M
Common Stock Total Equity98.8M99.0M98.9M98.9M113.8M79.9M
Short Term Investments494.1M375.6M140.1M122.9M178.5M243.3M
Property Plant And Equipment Gross145.2M153.0M213.9M219.5M252.4M136.0M
Common Stock98.8M99.0M98.9M98.9M113.8M77.5M
Other Liab946.3M2.3B2.5B1.3B1.5B858.1M
Long Term Debt372.1M372.5M372.9M398.3M573.7M292.1M
Property Plant Equipment169.0M178.9M191.3M171.4M197.2M159.6M
Other Current Assets1.6B1.6B1.6B1.2B1.7B1.4B
Intangible Assets10.6M11.3M10.3M9.2M8.3M7.9M
Short Term Debt14.5M16.0M15.7M11.3M8.7M8.3M
Net Tangible Assets1.7B2.0B2.1B1.5B1.7B1.9B
Retained Earnings Total Equity1.7B1.9B2.0B1.4B1.3B1.4B
Long Term Debt Total372.1M372.5M372.9M398.3M458.1M329.7M
Inventory(1.6B)(1.6B)(1.6B)(1.3B)(1.8B)(1.7B)
Long Term Investments4.3B4.7B5.1B4.9B5.2B4.3B

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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.