Mercury Total Operating Expenses vs Operating Income Analysis

MCY Stock

USD 65.74 0.01 0.02%

Mercury General financial indicator trend analysis is infinitely more than just investigating Mercury General recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury General is a good investment. Please check the relationship between Mercury General Total Operating Expenses and its Operating Income accounts. 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.

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury General Total Operating Expenses account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Mercury General's Total Operating Expenses and Operating Income is -0.31. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Operating Income in the same time period over historical financial statements of Mercury General, assuming nothing else is changed. The correlation between historical values of Mercury General's Total Operating Expenses and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of Mercury General are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Operating Expenses i.e., Mercury General's Total Operating Expenses and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.31

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Operating Income

Operating Income is the amount of profit realized from Mercury General operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Mercury General is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Mercury General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.Selling General Administrative is likely to rise to about 17.4 M in 2025, despite the fact that Tax Provision is likely to grow to (46.2 M).

	2022	2023	2024	2025 (projected)
Total Revenue	3.6B	4.6B	5.3B	5.6B
Interest Expense	17.2M	24.2M	27.8M	29.2M

Total Revenue Interest Expense

Mercury General fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Common Stock	Other Liab	Long Term Debt
Total Assets		0.72	0.51	0.46	0.49	0.86	0.6	-0.03	0.98	0.64	0.76	-0.36	-0.27	0.69	0.87	-0.8	-0.14	0.81	0.91	0.82	0.78	0.17	0.76	0.75	0.46	0.86
Short Long Term Debt Total	0.72		0.32	0.47	0.31	0.67	0.6	-0.19	0.72	0.29	0.45	-0.45	-0.04	0.52	0.55	-0.52	-0.17	0.55	0.76	0.69	0.65	0.16	0.41	0.63	0.59	0.79
Total Stockholder Equity	0.51	0.32		0.05	1.0	0.56	0.02	0.14	0.35	0.89	0.16	-0.1	0.17	0.57	0.3	-0.88	-0.78	0.65	0.27	0.54	0.75	0.55	0.74	0.75	0.47	0.06
Net Debt	0.46	0.47	0.05		0.03	0.2	0.08	0.32	0.5	0.3	0.37	0.09	-0.18	0.63	0.52	-0.24	0.27	0.35	0.25	0.28	0.51	0.14	0.32	0.5	0.54	0.52
Retained Earnings	0.49	0.31	1.0	0.03		0.55	0.01	0.14	0.33	0.88	0.15	-0.09	0.18	0.55	0.28	-0.87	-0.78	0.64	0.25	0.52	0.73	0.55	0.73	0.74	0.46	0.04
Common Stock Shares Outstanding	0.86	0.67	0.56	0.2	0.55		0.67	-0.16	0.82	0.56	0.55	-0.48	-0.09	0.53	0.67	-0.74	-0.38	0.7	0.84	0.82	0.74	0.25	0.69	0.72	0.3	0.72
Non Current Liabilities Total	0.6	0.6	0.02	0.08	0.01	0.67		-0.53	0.65	0.01	0.22	-0.92	0.22	0.05	0.3	-0.34	-0.11	0.32	0.73	0.49	0.31	-0.16	0.29	0.29	-0.07	0.69
Other Stockholder Equity	-0.03	-0.19	0.14	0.32	0.14	-0.16	-0.53		-0.06	0.22	0.18	0.59	-0.33	0.31	0.19	-0.01	0.09	0.0	-0.19	0.05	0.13	0.35	0.06	0.13	0.29	-0.1
Total Liab	0.98	0.72	0.35	0.5	0.33	0.82	0.65	-0.06		0.52	0.79	-0.38	-0.34	0.66	0.89	-0.69	0.02	0.77	0.93	0.78	0.71	0.05	0.7	0.69	0.42	0.92
Property Plant And Equipment Net	0.64	0.29	0.89	0.3	0.88	0.56	0.01	0.22	0.52		0.38	0.01	-0.05	0.72	0.53	-0.87	-0.46	0.81	0.35	0.54	0.81	0.45	0.92	0.82	0.49	0.22
Non Current Assets Total	0.76	0.45	0.16	0.37	0.15	0.55	0.22	0.18	0.79	0.38		0.14	-0.83	0.56	0.92	-0.42	0.3	0.64	0.78	0.65	0.46	0.05	0.51	0.44	0.38	0.79
Non Currrent Assets Other	-0.36	-0.45	-0.1	0.09	-0.09	-0.48	-0.92	0.59	-0.38	0.01	0.14		-0.55	0.09	0.02	0.3	0.34	-0.18	-0.46	-0.3	-0.23	0.12	-0.21	-0.22	0.17	-0.38
Other Assets	-0.27	-0.04	0.17	-0.18	0.18	-0.09	0.22	-0.33	-0.34	-0.05	-0.83	-0.55		-0.28	-0.64	-0.04	-0.55	-0.26	-0.37	-0.29	-0.05	0.02	-0.12	-0.04	-0.19	-0.43
Net Receivables	0.69	0.52	0.57	0.63	0.55	0.53	0.05	0.31	0.66	0.72	0.56	0.09	-0.28		0.74	-0.68	-0.15	0.75	0.47	0.54	0.9	0.26	0.74	0.9	0.7	0.52
Total Current Assets	0.87	0.55	0.3	0.52	0.28	0.67	0.3	0.19	0.89	0.53	0.92	0.02	-0.64	0.74		-0.6	0.14	0.73	0.81	0.78	0.65	0.23	0.64	0.63	0.46	0.82
Other Current Liab	-0.8	-0.52	-0.88	-0.24	-0.87	-0.74	-0.34	-0.01	-0.69	-0.87	-0.42	0.3	-0.04	-0.68	-0.6		0.62	-0.79	-0.6	-0.75	-0.84	-0.47	-0.83	-0.83	-0.48	-0.43
Total Current Liabilities	-0.14	-0.17	-0.78	0.27	-0.78	-0.38	-0.11	0.09	0.02	-0.46	0.3	0.34	-0.55	-0.15	0.14	0.62		-0.16	-0.02	-0.33	-0.41	-0.56	-0.31	-0.42	-0.1	0.22
Accounts Payable	0.81	0.55	0.65	0.35	0.64	0.7	0.32	0.0	0.77	0.81	0.64	-0.18	-0.26	0.75	0.73	-0.79	-0.16		0.69	0.69	0.86	0.23	0.92	0.85	0.59	0.61
Cash	0.91	0.76	0.27	0.25	0.25	0.84	0.73	-0.19	0.93	0.35	0.78	-0.46	-0.37	0.47	0.81	-0.6	-0.02	0.69		0.83	0.59	0.05	0.56	0.56	0.32	0.93
Cash And Short Term Investments	0.82	0.69	0.54	0.28	0.52	0.82	0.49	0.05	0.78	0.54	0.65	-0.3	-0.29	0.54	0.78	-0.75	-0.33	0.69	0.83		0.69	0.6	0.61	0.67	0.36	0.72
Common Stock Total Equity	0.78	0.65	0.75	0.51	0.73	0.74	0.31	0.13	0.71	0.81	0.46	-0.23	-0.05	0.9	0.65	-0.84	-0.41	0.86	0.59	0.69		0.37	0.87	1.0	0.67	0.56
Short Term Investments	0.17	0.16	0.55	0.14	0.55	0.25	-0.16	0.35	0.05	0.45	0.05	0.12	0.02	0.26	0.23	-0.47	-0.56	0.23	0.05	0.6	0.37		0.27	0.37	0.16	-0.05
Property Plant And Equipment Gross	0.76	0.41	0.74	0.32	0.73	0.69	0.29	0.06	0.7	0.92	0.51	-0.21	-0.12	0.74	0.64	-0.83	-0.31	0.92	0.56	0.61	0.87	0.27		0.87	0.44	0.46
Common Stock	0.75	0.63	0.75	0.5	0.74	0.72	0.29	0.13	0.69	0.82	0.44	-0.22	-0.04	0.9	0.63	-0.83	-0.42	0.85	0.56	0.67	1.0	0.37	0.87		0.67	0.53
Other Liab	0.46	0.59	0.47	0.54	0.46	0.3	-0.07	0.29	0.42	0.49	0.38	0.17	-0.19	0.7	0.46	-0.48	-0.1	0.59	0.32	0.36	0.67	0.16	0.44	0.67		0.4
Long Term Debt	0.86	0.79	0.06	0.52	0.04	0.72	0.69	-0.1	0.92	0.22	0.79	-0.38	-0.43	0.52	0.82	-0.43	0.22	0.61	0.93	0.72	0.56	-0.05	0.46	0.53	0.4

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Mercury General Account Relationship Matchups

Mercury General fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	6.3B	6.8B	6.5B	7.1B	8.2B	8.6B
Short Long Term Debt Total	416.4M	407.5M	420.3M	588.0M	676.2M	710.0M
Total Stockholder Equity	2.0B	2.1B	1.5B	1.5B	1.8B	1.3B
Net Debt	67.9M	72.0M	130.5M	37.1M	42.6M	64.5M
Retained Earnings	1.9B	2.0B	1.4B	1.4B	1.7B	1.2B
Common Stock Shares Outstanding	55.4M	55.4M	55.4M	55.4M	63.7M	59.7M
Liabilities And Stockholders Equity	6.3B	6.8B	6.5B	7.1B	8.2B	8.6B
Non Current Liabilities Total	457.5M	461.1M	4.8B	5.6B	6.4B	6.7B
Total Liab	4.3B	4.6B	5.0B	5.6B	6.4B	6.7B
Property Plant And Equipment Net	219.5M	223.3M	191.6M	165.6M	190.4M	123.7M
Non Current Assets Total	5.0B	5.4B	286.5M	5.3B	6.1B	6.4B
Non Currrent Assets Other	(41.1M)	(53.6M)	(4.9B)	(5.3B)	(4.7B)	(4.5B)
Other Assets	(47.0M)	189.4M	5.2B	505.5M	581.4M	552.3M
Net Receivables	648.3M	688.4M	658.5M	601.7M	692.0M	394.5M
Total Current Assets	1.4B	1.2B	978.8M	1.3B	1.5B	1.6B
Other Current Liab	(204.8M)	(189.2M)	(151.7M)	(179.3M)	(161.4M)	(153.3M)
Total Current Liabilities	194.4M	169.1M	206.8M	175.2M	157.7M	204.4M
Accounts Payable	194.4M	169.1M	151.7M	175.2M	201.5M	117.4M
Cash	348.5M	335.6M	289.8M	550.9M	633.5M	665.2M
Cash And Short Term Investments	724.1M	475.7M	412.7M	729.4M	838.8M	880.7M
Common Stock Total Equity	98.8M	99.0M	98.9M	98.9M	113.8M	79.9M
Short Term Investments	375.6M	140.1M	122.9M	178.5M	205.3M	243.3M
Common Stock	98.8M	99.0M	98.9M	98.9M	113.8M	77.5M
Other Liab	946.3M	2.3B	2.5B	1.3B	1.5B	858.1M
Long Term Debt	372.5M	372.9M	398.3M	573.7M	659.8M	692.8M
Property Plant Equipment	169.0M	178.9M	191.3M	171.4M	197.2M	159.6M
Other Current Assets	1.6B	1.6B	1.2B	1.7B	1.6B	1.4B
Intangible Assets	11.3M	10.3M	9.2M	8.3M	7.5M	7.1M
Short Term Debt	16.0M	15.7M	11.3M	8.7M	7.9M	7.5M
Net Tangible Assets	1.7B	2.0B	2.1B	1.5B	1.7B	1.9B
Retained Earnings Total Equity	1.7B	1.9B	2.0B	1.4B	1.3B	1.4B
Long Term Debt Total	372.1M	372.5M	372.9M	398.3M	458.1M	329.7M
Inventory	(1.6B)	(1.6B)	(1.3B)	(1.8B)	(1.6B)	(1.5B)
Long Term Investments	4.7B	5.1B	4.9B	5.2B	6.0B	4.3B

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Mercury Total Operating Expenses vs Operating Income Analysis

Total Operating Expenses vs Operating Income

Total Operating Expenses vs Operating Income Correlation Analysis

Correlation Coefficient

Total Operating Expenses

Operating Income

Mercury General fundamental ratios Correlations

Mercury General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercury General fundamental ratios Accounts

Also Currently Popular

Additional Tools for Mercury Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.98	Total Assets
Cash	+ 0.93	Total Liab
Long Term Debt	+ 0.93	Cash
Long Term Debt	+ 0.92	Total Liab

Non Currrent Assets Other	- 0.92	Non Current Liabilities Total
Other Current Liab	- 0.88	Total Stockholder Equity
Other Current Liab	- 0.87	Property Plant And Equipment Net
Other Current Liab	- 0.87	Retained Earnings
Common Stock Total Equity	- 0.84	Other Current Liab
Common Stock	- 0.83	Other Current Liab