Mercury Net Tangible Assets from 2010 to 2024

MCY Stock  USD 77.27  0.81  1.06%   
Mercury General Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Mercury General minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
1.3 B
Current Value
1.3 B
Quarterly Volatility
157.4 M
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Mercury General over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Mercury General's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Pretty Stable
   Net Tangible Assets   
       Timeline  

Mercury Net Tangible Assets Regression Statistics

Arithmetic Mean1,754,776,485
Geometric Mean1,748,672,611
Coefficient Of Variation8.70
Mean Deviation102,840,721
Median1,746,070,000
Standard Deviation152,639,776
Sample Variance23298.9T
Range617.1M
R-Value0.17
Mean Square Error24394.5T
R-Squared0.03
Significance0.55
Slope5,686,980
Total Sum of Squares326184.6T

Mercury Net Tangible Assets History

20241.9 B
20231.7 B
20221.5 B
20212.1 B
2020B
20191.7 B
20181.6 B

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Net Tangible Assets, 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
Net Tangible Assets1.7 B1.9 B

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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.