Mercury Quick Ratio from 2010 to 2024

MCY Stock  USD 77.35  1.61  2.04%   
Mercury General Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio will likely drop to 7.22 in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
7.59688732
Current Value
7.22
Quarterly Volatility
1.7 K
 
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 Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Mercury General over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Mercury General's Quick Ratio 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.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Mercury Quick Ratio Regression Statistics

Arithmetic Mean571.22
Geometric Mean36.68
Coefficient Of Variation301.77
Mean Deviation914.49
Median24.06
Standard Deviation1,724
Sample Variance3M
Range6.7K
R-Value(0.41)
Mean Square Error2.7M
R-Squared0.17
Significance0.13
Slope(159.30)
Total Sum of Squares41.6M

Mercury Quick Ratio History

2024 7.22
2023 7.6
2022 11.21
2021 16.14
2020 15.31
2019 21.21
2018 24.06

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Quick Ratio, 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
Quick Ratio 7.60  7.22 

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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.