Mercury Short Term Debt vs Total Liab Analysis

MCY Stock  USD 73.00  0.40  0.54%   
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 Short Term Debt and its Total Liab 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.

Short Term Debt vs Total Liab

Short Term Debt vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury General Short Term Debt account and Total Liab. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Mercury General's Short Term Debt and Total Liab is -0.6. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Liab 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 Short Term Debt and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Mercury General are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Short Term Debt i.e., Mercury General's Short Term Debt and Total Liab go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Short Term Debt

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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.