Mercury Cash And Short Term Investments from 2010 to 2024

MCY Stock  USD 78.85  0.47  0.60%   
Mercury General Cash And Short Term Investments yearly trend continues to be fairly stable with very little volatility. Cash And Short Term Investments will likely drop to about 412.9 M in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
1995-12-31
Previous Quarter
757.2 M
Current Value
905 M
Quarterly Volatility
227.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mercury General financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mercury General's main balance sheet or income statement drivers, such as Interest Expense of 25.4 M, Total Revenue of 2.4 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0293 or PTB Ratio of 1.93. Mercury financial statements analysis is a perfect complement when working with Mercury General Valuation or Volatility modules.
  
Check out the analysis of Mercury General Correlation against competitors.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.

Latest Mercury General's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Mercury General over the last few years. Short Term Investments is an account in the current assets section of Mercury General balance sheet. This account contains Mercury General investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Mercury General fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Mercury General's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mercury General's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Mercury Cash And Short Term Investments Regression Statistics

Arithmetic Mean528,487,909
Geometric Mean455,276,481
Coefficient Of Variation34.77
Mean Deviation135,540,898
Median567,590,000
Standard Deviation183,735,677
Sample Variance33758.8T
Range757.2M
R-Value0.40
Mean Square Error30623.6T
R-Squared0.16
Significance0.14
Slope16,313,530
Total Sum of Squares472623.2T

Mercury Cash And Short Term Investments History

2024412.9 M
2023729.4 M
2022412.7 M
2021475.7 M
2020724.1 M
2019788.5 M
2018567.6 M

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Mercury General. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments729.4 M412.9 M

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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.