Mercury Net Receivables from 2010 to 2024

MCY Stock  USD 77.35  1.61  2.04%   
Mercury General Net Receivables yearly trend continues to be fairly stable with very little volatility. Net Receivables will likely drop to about 394.5 M in 2024. During the period from 2010 to 2024, Mercury General Net Receivables regression line of annual values had r-squared of  0.47 and arithmetic mean of  506,260,354. View All Fundamentals
 
Net Receivables  
First Reported
1989-12-31
Previous Quarter
768.9 M
Current Value
725.3 M
Quarterly Volatility
206.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
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 Net Receivables Growth Pattern

Below is the plot of the Net Receivables of Mercury General over the last few years. It is Mercury General's Net Receivables 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.
Net Receivables10 Years Trend
Slightly volatile
   Net Receivables   
       Timeline  

Mercury Net Receivables Regression Statistics

Arithmetic Mean506,260,354
Geometric Mean452,631,861
Coefficient Of Variation38.06
Mean Deviation156,047,403
Median483,787,000
Standard Deviation192,678,145
Sample Variance37124.9T
Range747.1M
R-Value0.69
Mean Square Error21202.4T
R-Squared0.47
Significance0
Slope29,527,054
Total Sum of Squares519748.1T

Mercury Net Receivables History

2024394.5 M
2023601.7 M
2022658.5 M
2021688.4 M
2020648.3 M
2019697.8 M
2018821.1 M

About Mercury General Financial Statements

Mercury General investors use historical fundamental indicators, such as Mercury General's Net Receivables, 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
Net Receivables601.7 M394.5 M

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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.