Mercury General Corporation
Mercury General Corporation, together with its subsidiaries, engages in writing personal automobile insurance in the United States. The company also writes homeowners, commercial automobile, commercial property, mechanical protection, and umbrella insurance products. Its automobile insurance products include collision, property damage, bodily injury, comprehensive, personal injury protection, und… Read more
Mercury General Corporation (MCY) - Total Assets
Latest total assets as of September 2025: $9.37 Billion USD
Based on the latest financial reports, Mercury General Corporation (MCY) holds total assets worth $9.37 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Mercury General Corporation - Total Assets Trend (1985–2024)
This chart illustrates how Mercury General Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Mercury General Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
Mercury General Corporation's total assets of $9.37 Billion consist of 17.0% current assets and 83.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.7% |
| Accounts Receivable | $781.51 Million | 9.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $154.55 Million | 1.9% |
| Intangible Assets | $7.68 Million | 0.1% |
| Goodwill | $42.80 Million | 0.5% |
Asset Composition Trend (1985–2024)
This chart illustrates how Mercury General Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Mercury General Corporation's current assets represent 17.0% of total assets in 2024, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 8.7% of total assets in 2024, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 9.4% of total assets.
Mercury General Corporation Competitors by Total Assets
Key competitors of Mercury General Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Mercury General Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Mercury General Corporation generates 0.66x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Mercury General Corporation generates $5.63 in net profit.
Mercury General Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 24.74 | 66.83 | 25.47 |
| Quick Ratio | 24.74 | 138.70 | 25.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.94 Billion | $ 1.61 Billion | $ 1.26 Billion |
Mercury General Corporation - Advanced Valuation Insights
This section examines the relationship between Mercury General Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.35 |
| Latest Market Cap to Assets Ratio | 0.28 |
| Asset Growth Rate (YoY) | 17.0% |
| Total Assets | $8.31 Billion |
| Market Capitalization | $2.33 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Mercury General Corporation's assets below their book value (0.28 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Mercury General Corporation's assets grew by 17.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Mercury General Corporation (1985–2024)
The table below shows the annual total assets of Mercury General Corporation from 1985 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.31 Billion | +17.00% |
| 2023-12-31 | $7.10 Billion | +9.05% |
| 2022-12-31 | $6.51 Billion | -3.81% |
| 2021-12-31 | $6.77 Billion | +7.02% |
| 2020-12-31 | $6.33 Billion | +7.46% |
| 2019-12-31 | $5.89 Billion | +8.38% |
| 2018-12-31 | $5.43 Billion | +6.52% |
| 2017-12-31 | $5.10 Billion | +6.53% |
| 2016-12-31 | $4.79 Billion | +3.46% |
| 2015-12-31 | $4.63 Billion | +0.62% |
| 2014-12-31 | $4.60 Billion | +6.61% |
| 2013-12-31 | $4.32 Billion | +3.00% |
| 2012-12-31 | $4.19 Billion | +2.94% |
| 2011-12-31 | $4.07 Billion | -3.17% |
| 2010-12-31 | $4.20 Billion | -0.69% |
| 2009-12-31 | $4.23 Billion | +7.15% |
| 2008-12-31 | $3.95 Billion | -10.52% |
| 2007-12-31 | $4.41 Billion | +2.64% |
| 2006-12-31 | $4.30 Billion | +6.42% |
| 2005-12-31 | $4.04 Billion | +11.96% |
| 2004-12-31 | $3.61 Billion | +15.71% |
| 2003-12-31 | $3.12 Billion | +17.94% |
| 2002-12-31 | $2.65 Billion | +14.19% |
| 2001-12-31 | $2.32 Billion | +8.14% |
| 2000-12-31 | $2.14 Billion | +12.37% |
| 1999-12-31 | $1.91 Billion | +1.56% |
| 1998-12-31 | $1.88 Billion | +8.78% |
| 1997-12-31 | $1.73 Billion | +21.52% |
| 1996-12-31 | $1.42 Billion | +31.27% |
| 1995-12-31 | $1.08 Billion | +18.64% |
| 1994-12-31 | $911.70 Million | +5.52% |
| 1993-12-31 | $864.00 Million | +11.73% |
| 1992-12-31 | $773.30 Million | +1.23% |
| 1991-12-31 | $763.90 Million | +3.93% |
| 1990-12-31 | $735.00 Million | +8.12% |
| 1989-12-31 | $679.80 Million | +11.68% |
| 1988-12-31 | $608.70 Million | +20.85% |
| 1987-12-31 | $503.70 Million | +37.10% |
| 1986-12-31 | $367.40 Million | +50.33% |
| 1985-12-31 | $244.40 Million | -- |