MCY
Price:
$90.11
Market Cap:
$4.99B
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards; and homeowners insurance products comprise dwelling, liability, personal property, fire, and other hazards. The company sells its policies through a network of independent agents and insurance agencies, as well as directly through internet sales po...[Read more]
Industry
Insurance - Property & Casualty
IPO Date
1985-11-20
Stock Exchange
NYSE
Ticker
MCY
According to Mercury General Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 49.35. This represents a change of 47.54% compared to the average of 33.45 of the last 4 quarters.
The mean historical Current Ratio of Mercury General Corporation over the last ten years is 25.55. The current 49.35 Current Ratio has changed 19.21% with respect to the historical average. Over the past ten years (40 quarters), MCY's Current Ratio was at its highest in in the June 2021 quarter at 2.25K. The Current Ratio was at its lowest in in the March 2024 quarter at 0.51.
Average
25.55
Median
11.22
Minimum
4.73
Maximum
68.00
Discovering the peaks and valleys of Mercury General Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 795.04%
Maximum Annual Current Ratio = 68.00
Minimum Annual Increase = -96.22%
Minimum Annual Current Ratio = 4.73
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 68.00 | 795.04% |
| 2023 | 7.60 | 60.52% |
| 2022 | 4.73 | -31.24% |
| 2021 | 6.88 | -74.14% |
| 2020 | 26.62 | 156.67% |
| 2019 | 10.37 | -14.07% |
| 2018 | 12.07 | 24.43% |
| 2017 | 9.70 | -83.79% |
| 2016 | 59.83 | 20.33% |
| 2015 | 49.72 | -96.22% |
The current Current Ratio of Mercury General Corporation (MCY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
26.77
5-year avg
22.77
10-year avg
25.55
Mercury General Corporation’s Current Ratio is less than Selective Insurance Group, Inc. (19.21K), greater than International Bancshares Corporation (0), greater than Lemonade, Inc. (0), greater than AllianceBernstein Holding L.P. (0), greater than ASPEN INSURANCE HOLDINGS LTD (0), greater than Hagerty, Inc. (1.00), greater than Webster Financial Corporation (0.27), greater than F&G Annuities & Life, Inc. (0), greater than Axos Financial, Inc. (0), greater than White Mountains Insurance Group, Ltd. (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 19.21K | $4.69B | |
| 0 | $4.28B | |
| 0 | $5.62B | |
| 0 | $4.43B | |
| 0 | $3.40B | |
| 1.00 | $4.37B | |
| 0.27 | $10.37B | |
| 0 | $4.47B | |
| 0 | $4.80B | |
| 0 | $5.20B |
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