Mercury General Balance Sheet Health
Financial Health criteria checks 3/6
Mercury General has a total shareholder equity of $1.6B and total debt of $573.8M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are $7.4B and $5.8B respectively. Mercury General's EBIT is $277.7M making its interest coverage ratio 10.3. It has cash and short-term investments of $692.6M.
Key information
35.8%
Debt to equity ratio
US$573.83m
Debt
Interest coverage ratio | 10.3x |
Cash | US$692.55m |
Equity | US$1.60b |
Total liabilities | US$5.79b |
Total assets | US$7.40b |
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 07Investors 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 19Financial Position Analysis
Short Term Liabilities: MCY's short term assets ($1.5B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: MCY's short term assets ($1.5B) do not cover its long term liabilities ($3.8B).
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 21.8% to 35.8% over the past 5 years.
Debt Coverage: MCY's debt is well covered by operating cash flow (109.3%).
Interest Coverage: MCY's interest payments on its debt are well covered by EBIT (10.3x coverage).