Mercury Intangible Assets vs Total Stockholder Equity Analysis

MCY Stock  USD 77.27  0.81  1.06%   
Mercury General financial indicator trend analysis is infinitely more than just investigating Mercury General recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mercury General is a good investment. Please check the relationship between Mercury General Intangible Assets and its Total Stockholder Equity accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury General. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.

Intangible Assets vs Total Stockholder Equity

Intangible Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury General Intangible Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mercury General's Intangible Assets and Total Stockholder Equity is 0.3. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Mercury General, assuming nothing else is changed. The correlation between historical values of Mercury General's Intangible Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Mercury General are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Intangible Assets i.e., Mercury General's Intangible Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Mercury General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mercury General current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercury General. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Mercury Stock please use our How to Invest in Mercury General guide.Selling General Administrative is likely to rise to about 17.4 M in 2024, despite the fact that Tax Provision is likely to grow to (51.3 M).
 2021 2022 2023 2024 (projected)
Total Revenue4.0B3.6B4.6B2.4B
Interest Expense17.1M17.2M24.2M25.4M

Mercury General fundamental ratios Correlations

0.660.590.510.580.840.460.070.980.710.69-0.29-0.20.740.73-0.87-0.220.840.880.620.830.250.80.810.540.71
0.660.360.50.340.620.5-0.120.650.290.33-0.390.050.520.36-0.53-0.230.510.70.510.660.220.380.650.640.68
0.590.360.051.00.480.020.150.410.890.17-0.070.190.570.43-0.87-0.790.690.330.740.720.570.730.720.460.23
0.510.50.050.030.180.080.330.570.30.40.09-0.180.650.55-0.240.270.380.30.250.510.140.320.50.530.67
0.580.341.00.030.470.010.150.390.890.16-0.060.190.560.42-0.87-0.790.680.320.730.710.570.720.710.450.21
0.840.620.480.180.470.68-0.160.830.480.54-0.56-0.10.470.52-0.77-0.350.670.910.630.750.220.710.730.30.65
0.460.50.020.080.010.68-0.510.51-0.04-0.03-0.960.4-0.05-0.11-0.35-0.190.170.60.090.28-0.130.230.26-0.080.3
0.07-0.120.150.330.15-0.16-0.510.050.250.30.57-0.380.370.4-0.020.110.09-0.10.260.160.340.110.160.30.15
0.980.650.410.570.390.830.510.050.580.73-0.3-0.270.70.73-0.76-0.040.780.910.520.760.130.730.740.50.76
0.710.290.890.30.890.48-0.040.250.580.390.07-0.020.710.69-0.86-0.480.840.380.720.780.470.90.780.480.41
0.690.330.170.40.160.54-0.030.30.730.390.28-0.840.550.78-0.420.30.60.720.390.450.110.490.430.430.6
-0.29-0.39-0.070.09-0.06-0.56-0.960.57-0.30.070.28-0.610.180.290.290.35-0.06-0.41-0.05-0.20.1-0.16-0.190.18-0.13
-0.20.050.19-0.180.19-0.10.4-0.38-0.27-0.02-0.84-0.61-0.24-0.55-0.06-0.55-0.2-0.32-0.1-0.02-0.01-0.08-0.01-0.19-0.29
0.740.520.570.650.560.47-0.050.370.70.710.550.18-0.240.88-0.67-0.170.730.490.660.870.30.70.870.710.76
0.730.360.430.550.420.52-0.110.40.730.690.780.29-0.550.88-0.60.040.790.570.70.770.330.760.760.590.76
-0.87-0.53-0.87-0.24-0.87-0.77-0.35-0.02-0.76-0.86-0.420.29-0.06-0.67-0.60.63-0.82-0.69-0.76-0.84-0.49-0.83-0.83-0.48-0.47
-0.22-0.23-0.790.27-0.79-0.35-0.190.11-0.04-0.480.30.35-0.55-0.170.040.63-0.22-0.09-0.53-0.42-0.56-0.33-0.42-0.10.12
0.840.510.690.380.680.670.170.090.780.840.6-0.06-0.20.730.79-0.82-0.220.670.740.850.310.910.850.640.71
0.880.70.330.30.320.910.6-0.10.910.380.72-0.41-0.320.490.57-0.69-0.090.670.520.640.140.580.620.410.68
0.620.510.740.250.730.630.090.260.520.720.39-0.05-0.10.660.7-0.76-0.530.740.520.820.780.730.820.490.57
0.830.660.720.510.710.750.280.160.760.780.45-0.2-0.020.870.77-0.84-0.420.850.640.820.380.871.00.670.82
0.250.220.570.140.570.22-0.130.340.130.470.110.1-0.010.30.33-0.49-0.560.310.140.780.380.290.380.160.05
0.80.380.730.320.720.710.230.110.730.90.49-0.16-0.080.70.76-0.83-0.330.910.580.730.870.290.870.450.65
0.810.650.720.50.710.730.260.160.740.780.43-0.19-0.010.870.76-0.83-0.420.850.620.821.00.380.870.680.82
0.540.640.460.530.450.3-0.080.30.50.480.430.18-0.190.710.59-0.48-0.10.640.410.490.670.160.450.680.68
0.710.680.230.670.210.650.30.150.760.410.6-0.13-0.290.760.76-0.470.120.710.680.570.820.050.650.820.68
Click cells to compare fundamentals

Mercury General Account Relationship Matchups

Mercury General fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B6.3B6.8B6.5B7.1B7.5B
Short Long Term Debt Total420.1M416.4M407.5M420.3M588.0M617.4M
Total Stockholder Equity1.8B2.0B2.1B1.5B1.5B1.3B
Net Debt125.7M67.9M72.0M130.5M37.1M64.5M
Retained Earnings1.7B1.9B2.0B1.4B1.4B1.2B
Common Stock Shares Outstanding55.4M55.4M55.4M55.4M63.7M59.7M
Liabilities And Stockholders Equity5.9B6.3B6.8B6.5B7.1B7.5B
Non Current Liabilities Total448.1M457.5M461.1M4.8B5.6B5.8B
Total Liab4.1B4.3B4.6B5.0B5.6B5.8B
Property Plant And Equipment Net213.9M219.5M223.3M191.6M165.6M123.7M
Non Current Assets Total4.6B5.0B5.4B286.5M5.3B5.5B
Non Currrent Assets Other(28.0M)(41.1M)(53.6M)(4.9B)(5.3B)(5.0B)
Other Assets(176.6M)(47.0M)189.4M5.2B505.5M480.3M
Net Receivables697.8M648.3M688.4M658.5M601.7M394.5M
Total Current Assets1.5B1.4B1.2B978.8M1.3B691.6M
Other Current Liab(143.3M)(204.8M)(189.2M)(151.7M)(179.3M)(170.3M)
Total Current Liabilities143.3M194.4M169.1M206.8M175.2M204.4M
Accounts Payable143.3M194.4M169.1M151.7M175.2M117.4M
Cash294.4M348.5M335.6M289.8M550.9M578.4M
Cash And Short Term Investments788.5M724.1M475.7M412.7M729.4M412.9M
Common Stock Total Equity98.8M99.0M98.9M98.9M113.8M79.9M
Short Term Investments494.1M375.6M140.1M122.9M178.5M243.3M
Property Plant And Equipment Gross145.2M153.0M213.9M219.5M252.4M136.0M
Common Stock98.8M99.0M98.9M98.9M113.8M77.5M
Other Liab946.3M2.3B2.5B1.3B1.5B858.1M
Long Term Debt372.1M372.5M372.9M398.3M573.7M292.1M
Property Plant Equipment169.0M178.9M191.3M171.4M197.2M159.6M
Other Current Assets1.6B1.6B1.6B1.2B1.7B1.4B
Intangible Assets10.6M11.3M10.3M9.2M8.3M7.9M
Short Term Debt14.5M16.0M15.7M11.3M8.7M8.3M
Net Tangible Assets1.7B2.0B2.1B1.5B1.7B1.9B
Retained Earnings Total Equity1.7B1.9B2.0B1.4B1.3B1.4B
Long Term Debt Total372.1M372.5M372.9M398.3M458.1M329.7M
Inventory(1.6B)(1.6B)(1.6B)(1.3B)(1.8B)(1.7B)
Long Term Investments4.3B4.7B5.1B4.9B5.2B4.3B

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