Mercury Systems Financials

MRCY Stock  USD 40.94  0.96  2.40%   
Based on the key indicators related to Mercury Systems' liquidity, profitability, solvency, and operating efficiency, Mercury Systems is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. At this time, Mercury Systems' Net Receivables is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 2.7 B in 2024, whereas Retained Earnings are likely to drop slightly above 162.4 M in 2024. Key indicators impacting Mercury Systems' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.330.4016
Significantly Down
Slightly volatile
Current Ratio4.024.0688
Fairly Down
Slightly volatile
The financial analysis of Mercury Systems is a critical element in measuring its lifeblood. Investors should not minimize Mercury Systems' ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(130.76 Million)

  
Understanding current and past Mercury Systems Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mercury Systems' financial statements are interrelated, with each one affecting the others. For example, an increase in Mercury Systems' assets may result in an increase in income on the income statement.

Mercury Systems Earnings Geography

Please note, the imprecision that can be found in Mercury Systems' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Mercury Systems. Check Mercury Systems' Beneish M Score to see the likelihood of Mercury Systems' management manipulating its earnings.

Mercury Systems Stock Summary

Mercury Systems competes with Curtiss Wright, Hexcel, Ducommun Incorporated, Woodward, and AAR Corp. Mercury Systems, Inc., a technology company, manufactures and sells components, products, modules, and subsystems for aerospace and defense industries in the United States, Europe, and the Asia Pacific. Mercury Systems, Inc. was incorporated in 1981 and is headquartered in Andover, Massachusetts. Mercury Sys operates under Aerospace Defense classification in the United States and is traded on NASDAQ Exchange. It employs 2386 people.
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5893781089
CUSIP589378108
LocationMassachusetts; U.S.A
Business Address50 Minuteman Road,
SectorAerospace & Defense
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.mrcy.com
Phone978 256 1300
CurrencyUSD - US Dollar

Mercury Systems Key Financial Ratios

Mercury Systems Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.6B2.0B2.3B2.4B2.6B2.7B
Other Current Liab58.1M44.7M73.5M38.0M67.7M71.1M
Net Debt(159.9M)157.7M455.7M506.7M485.2M509.4M
Retained Earnings312.5M374.5M385.8M357.4M219.8M162.4M
Accounts Payable41.9M48.0M98.7M104.0M81.1M85.1M
Cash226.8M113.8M65.7M71.6M180.5M189.5M
Net Receivables210.7M291.7M447.9M507.3M415.5M436.2M
Inventory178.1M221.6M270.3M337.2M335.3M352.1M
Other Current Assets19.1M15.9M31.4M21.0M22.5M14.9M
Total Liab225.9M471.0M766.3M824.7M1.1B1.2B
Total Current Assets634.8M643.1M814.3M937.0M953.8M1.0B
Common Stock547K552K557K570K581K368.3K
Other Assets4.8M4.7M6.2M35.6M1.00.95
Other Liab33.0M48.7M51.0M13.1M15.1M15.8M
Good Will614.1M804.9M937.9M938.1M1.1B1.1B
Intangible Assets208.7M307.6M351.5M298.1M250.5M263.0M
Net Tangible Assets562.0M371.7M247.8M330.5M380.1M282.6M

Mercury Systems Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense1.0M1.2M5.8M25.2M35.0M36.8M
Total Revenue796.6M924.0M988.2M973.9M835.3M877.0M
Gross Profit356.8M385.2M395.0M316.7M195.9M183.7M
Operating Income91.1M81.0M63.1M(21.7M)(147.8M)(140.4M)
Ebit99.4M96.2M70.5M(23.4M)(154.3M)(146.5M)
Research Development98.5M113.5M107.2M108.8M101.3M59.1M
Ebitda148.8M163.3M163.9M73.9M(66.2M)(62.9M)
Cost Of Revenue439.8M538.8M593.2M657.2M639.4M671.3M
Income Before Tax93.9M77.2M18.4M(48.5M)(189.3M)(179.8M)
Net Income85.7M62.0M11.3M(28.3M)(137.6M)(130.8M)
Income Tax Expense8.2M15.1M7.1M(20.2M)(51.6M)(49.1M)
Tax Provision8.2M15.1M7.1M(20.2M)(51.6M)(49.1M)
Interest Income2.2M179K143K1.1M1.2M792.6K
Net Interest Income1.1M(1.0M)(5.7M)(24.1M)(33.8M)(32.1M)

Mercury Systems Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Mercury Systems. It measures of how well Mercury is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Mercury Systems brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Mercury had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Mercury Systems has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(31.6M)(27.4M)(40.9M)(64.1M)130K136.5K
Change In Cash(31.1M)(113.0M)(48.2M)5.9M109.0M114.4M
Free Cash Flow71.9M51.6M(46.5M)(60.1M)26.1M17.0M
Depreciation49.3M67.1M93.4M97.3M88.0M92.4M
Other Non Cash Items58K3.7M(1.4M)5.2M23.2M24.3M
Capital Expenditures43.3M45.6M27.7M38.8M34.3M36.0M
Net Income85.7M62.0M11.3M(28.3M)(137.6M)(130.8M)
End Period Cash Flow226.8M113.8M65.7M71.6M180.5M189.5M
Change To Netincome21.2M30.9M34.5M(26.6M)(30.6M)(29.1M)
Dividends Paid5.3M206.3M254.0M5.5M6.3M6.0M
Investments(135.5M)1.5M(274.3M)(38.6M)(34.3M)(36.0M)

Mercury Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Mercury Systems's current stock value. Our valuation model uses many indicators to compare Mercury Systems value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mercury Systems competition to find correlations between indicators driving Mercury Systems's intrinsic value. More Info.
Mercury Systems is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, Mercury Systems' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mercury Systems' earnings, one of the primary drivers of an investment's value.

Mercury Systems' Earnings Breakdown by Geography

Mercury Systems Systematic Risk

Mercury Systems' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mercury Systems volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Mercury Systems correlated with the market. If Beta is less than 0 Mercury Systems generally moves in the opposite direction as compared to the market. If Mercury Systems Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mercury Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mercury Systems is generally in the same direction as the market. If Beta > 1 Mercury Systems moves generally in the same direction as, but more than the movement of the benchmark.

Mercury Systems November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Mercury Systems help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mercury Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mercury Systems based on widely used predictive technical indicators. In general, we focus on analyzing Mercury Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mercury Systems's daily price indicators and compare them against related drivers.

Additional Tools for Mercury Stock Analysis

When running Mercury Systems' price analysis, check to measure Mercury Systems' 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 Systems is operating at the current time. Most of Mercury Systems' value examination focuses on studying past and present price action to predict the probability of Mercury Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury Systems' price. Additionally, you may evaluate how the addition of Mercury Systems to your portfolios can decrease your overall portfolio volatility.