Mercury General Balance Sheet Health
Financial Health criteria checks 3/6
Mercury General has a total shareholder equity of $1.5B and total debt of $573.7M, which brings its debt-to-equity ratio to 37.1%. Its total assets and total liabilities are $7.1B and $5.6B respectively. Mercury General's EBIT is $123.6M making its interest coverage ratio 5.1. It has cash and short-term investments of $729.4M.
Key information
37.1%
Debt to equity ratio
US$573.73m
Debt
| Interest coverage ratio | 5.1x |
| Cash | US$729.39m |
| Equity | US$1.55b |
| Total liabilities | US$5.56b |
| Total assets | US$7.10b |
Recent financial health updates
No updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Mercury General Corporation's (NYSE:MCY) Performance Completely
Mar 07
Investors Holding Back On Mercury General Corporation (NYSE:MCY)
Jan 06Mercury General: From A Pariah To A Potential Candidate For Recovery
Nov 16Mercury General (NYSE:MCY) Will Pay A Dividend Of $0.3175
Nov 04Mercury General (NYSE:MCY) Has Announced A Dividend Of $0.3175
Aug 29Mercury General: Struggling Against Ongoing Headwinds
Aug 08Mercury General (NYSE:MCY) Is Paying Out A Dividend Of $0.3175
Aug 05Mercury General Non-GAAP EPS of -$1.45 misses by $0.84, revenue of $1.15B beats by $166.02M
Feb 14Mercury General GAAP EPS of -$3.80, revenue of $785.6M
Aug 02Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
May 07Mercury General's (NYSE:MCY) Dividend Will Be US$0.64
Feb 19Mercury General: Always No, Forever No
Jan 03With EPS Growth And More, Mercury General (NYSE:MCY) Is Interesting
Dec 31Mercury General (NYSE:MCY) Has Announced A Dividend Of US$0.64
Nov 06Is Now The Time To Put Mercury General (NYSE:MCY) On Your Watchlist?
Aug 31Mercury General (NYSE:MCY) Has Affirmed Its Dividend Of US$0.63
Aug 07Why We Think Shareholders May Be Considering Bumping Up Mercury General Corporation's (NYSE:MCY) CEO Compensation
May 05Mercury General EPS beats by $0.09, misses on net premiums earned
May 04Mercury General Corporation Is Priced For Perfection
Apr 26Here's Why I Think Mercury General (NYSE:MCY) Is An Interesting Stock
Apr 05Have Mercury General Corporation (NYSE:MCY) Insiders Been Selling Their Stock?
Mar 17Here's What We Like About Mercury General's (NYSE:MCY) Upcoming Dividend
Mar 11The Attractive Combination That Could Earn Mercury General Corporation (NYSE:MCY) A Place In Your Dividend Portfolio
Mar 09Mercury General Corporation's (NYSE:MCY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 19
Need To Know: Mercury General Corporation (NYSE:MCY) Insiders Have Been Buying Shares
Jan 29Financial Position Analysis
Short Term Liabilities: MCY's short term assets ($1.5B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: MCY's short term assets ($1.5B) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: MCY has more cash than its total debt.
Reducing Debt: MCY's debt to equity ratio has increased from 23.3% to 37.1% over the past 5 years.
Debt Coverage: MCY's debt is well covered by operating cash flow (79%).
Interest Coverage: MCY's interest payments on its debt are well covered by EBIT (5.1x coverage).