Mercury Property Plant And Equipment Net vs Net Debt Analysis

MCY Stock

USD 72.03 1.89 2.56%

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 Property Plant And Equipment Net and its Net Debt 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.

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mercury General Property Plant And Equipment Net account and Net Debt. At this time, the significance of the direction appears to have weak relationship.

The correlation between Mercury General's Property Plant And Equipment Net and Net Debt is 0.3. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Net Debt 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 Property Plant And Equipment Net and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Mercury General are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Property Plant And Equipment Net i.e., Mercury General's Property Plant And Equipment Net and Net Debt go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Revenue	4.0B	3.6B	4.6B	2.4B
Interest Expense	17.1M	17.2M	24.2M	25.4M

Total Revenue Interest Expense

Mercury General fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Total Current Assets	Other Current Liab	Total Current Liabilities	Accounts Payable	Cash	Cash And Short Term Investments	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross	Common Stock	Other Liab	Long Term Debt
Total Assets		0.66	0.59	0.51	0.58	0.84	0.46	0.07	0.98	0.71	0.69	-0.29	-0.2	0.74	0.73	-0.7	-0.22	0.84	0.88	0.62	0.83	0.25	0.8	0.81	0.54	0.71
Short Long Term Debt Total	0.66		0.36	0.5	0.34	0.62	0.5	-0.12	0.65	0.29	0.33	-0.39	0.05	0.52	0.36	-0.38	-0.23	0.51	0.7	0.51	0.66	0.22	0.38	0.65	0.64	0.68
Total Stockholder Equity	0.59	0.36		0.05	1.0	0.48	0.02	0.15	0.41	0.89	0.17	-0.07	0.19	0.57	0.43	-0.95	-0.79	0.69	0.33	0.74	0.72	0.57	0.73	0.72	0.46	0.23
Net Debt	0.51	0.5	0.05		0.03	0.18	0.08	0.33	0.57	0.3	0.4	0.09	-0.18	0.65	0.55	-0.22	0.27	0.38	0.3	0.25	0.51	0.14	0.32	0.5	0.53	0.67
Retained Earnings	0.58	0.34	1.0	0.03		0.47	0.01	0.15	0.39	0.89	0.16	-0.06	0.19	0.56	0.42	-0.95	-0.79	0.68	0.32	0.73	0.71	0.57	0.72	0.71	0.45	0.21
Common Stock Shares Outstanding	0.84	0.62	0.48	0.18	0.47		0.68	-0.16	0.83	0.48	0.54	-0.56	-0.1	0.47	0.52	-0.5	-0.35	0.67	0.91	0.63	0.75	0.22	0.71	0.73	0.3	0.65
Non Current Liabilities Total	0.46	0.5	0.02	0.08	0.01	0.68		-0.51	0.51	-0.04	-0.03	-0.96	0.4	-0.05	-0.11	-0.09	-0.19	0.17	0.6	0.09	0.28	-0.13	0.23	0.26	-0.08	0.3
Other Stockholder Equity	0.07	-0.12	0.15	0.33	0.15	-0.16	-0.51		0.05	0.25	0.3	0.57	-0.38	0.37	0.4	-0.13	0.11	0.09	-0.1	0.26	0.16	0.34	0.11	0.16	0.3	0.15
Total Liab	0.98	0.65	0.41	0.57	0.39	0.83	0.51	0.05		0.58	0.73	-0.3	-0.27	0.7	0.73	-0.54	-0.04	0.78	0.91	0.52	0.76	0.13	0.73	0.74	0.5	0.76
Property Plant And Equipment Net	0.71	0.29	0.89	0.3	0.89	0.48	-0.04	0.25	0.58		0.39	0.07	-0.02	0.71	0.69	-0.92	-0.48	0.84	0.38	0.72	0.78	0.47	0.9	0.78	0.48	0.41
Non Current Assets Total	0.69	0.33	0.17	0.4	0.16	0.54	-0.03	0.3	0.73	0.39		0.28	-0.84	0.55	0.78	-0.22	0.3	0.6	0.72	0.39	0.45	0.11	0.49	0.43	0.43	0.6
Non Currrent Assets Other	-0.29	-0.39	-0.07	0.09	-0.06	-0.56	-0.96	0.57	-0.3	0.07	0.28		-0.61	0.18	0.29	0.1	0.35	-0.06	-0.41	-0.05	-0.2	0.1	-0.16	-0.19	0.18	-0.13
Other Assets	-0.2	0.05	0.19	-0.18	0.19	-0.1	0.4	-0.38	-0.27	-0.02	-0.84	-0.61		-0.24	-0.55	-0.19	-0.55	-0.2	-0.32	-0.1	-0.02	-0.01	-0.08	-0.01	-0.19	-0.29
Net Receivables	0.74	0.52	0.57	0.65	0.56	0.47	-0.05	0.37	0.7	0.71	0.55	0.18	-0.24		0.88	-0.68	-0.17	0.73	0.49	0.66	0.87	0.3	0.7	0.87	0.71	0.76
Total Current Assets	0.73	0.36	0.43	0.55	0.42	0.52	-0.11	0.4	0.73	0.69	0.78	0.29	-0.55	0.88		-0.54	0.04	0.79	0.57	0.7	0.77	0.33	0.76	0.76	0.59	0.76
Other Current Liab	-0.7	-0.38	-0.95	-0.22	-0.95	-0.5	-0.09	-0.13	-0.54	-0.92	-0.22	0.1	-0.19	-0.68	-0.54		0.71	-0.75	-0.39	-0.73	-0.77	-0.56	-0.77	-0.77	-0.49	-0.31
Total Current Liabilities	-0.22	-0.23	-0.79	0.27	-0.79	-0.35	-0.19	0.11	-0.04	-0.48	0.3	0.35	-0.55	-0.17	0.04	0.71		-0.22	-0.09	-0.53	-0.42	-0.56	-0.33	-0.42	-0.1	0.12
Accounts Payable	0.84	0.51	0.69	0.38	0.68	0.67	0.17	0.09	0.78	0.84	0.6	-0.06	-0.2	0.73	0.79	-0.75	-0.22		0.67	0.74	0.85	0.31	0.91	0.85	0.64	0.71
Cash	0.88	0.7	0.33	0.3	0.32	0.91	0.6	-0.1	0.91	0.38	0.72	-0.41	-0.32	0.49	0.57	-0.39	-0.09	0.67		0.52	0.64	0.14	0.58	0.62	0.41	0.68
Cash And Short Term Investments	0.62	0.51	0.74	0.25	0.73	0.63	0.09	0.26	0.52	0.72	0.39	-0.05	-0.1	0.66	0.7	-0.73	-0.53	0.74	0.52		0.82	0.78	0.73	0.82	0.49	0.57
Common Stock Total Equity	0.83	0.66	0.72	0.51	0.71	0.75	0.28	0.16	0.76	0.78	0.45	-0.2	-0.02	0.87	0.77	-0.77	-0.42	0.85	0.64	0.82		0.38	0.87	1.0	0.67	0.82
Short Term Investments	0.25	0.22	0.57	0.14	0.57	0.22	-0.13	0.34	0.13	0.47	0.11	0.1	-0.01	0.3	0.33	-0.56	-0.56	0.31	0.14	0.78	0.38		0.29	0.38	0.16	0.05
Property Plant And Equipment Gross	0.8	0.38	0.73	0.32	0.72	0.71	0.23	0.11	0.73	0.9	0.49	-0.16	-0.08	0.7	0.76	-0.77	-0.33	0.91	0.58	0.73	0.87	0.29		0.87	0.45	0.65
Common Stock	0.81	0.65	0.72	0.5	0.71	0.73	0.26	0.16	0.74	0.78	0.43	-0.19	-0.01	0.87	0.76	-0.77	-0.42	0.85	0.62	0.82	1.0	0.38	0.87		0.68	0.82
Other Liab	0.54	0.64	0.46	0.53	0.45	0.3	-0.08	0.3	0.5	0.48	0.43	0.18	-0.19	0.71	0.59	-0.49	-0.1	0.64	0.41	0.49	0.67	0.16	0.45	0.68		0.68
Long Term Debt	0.71	0.68	0.23	0.67	0.21	0.65	0.3	0.15	0.76	0.41	0.6	-0.13	-0.29	0.76	0.76	-0.31	0.12	0.71	0.68	0.57	0.82	0.05	0.65	0.82	0.68

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Mercury General Account Relationship Matchups

Mercury General fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.9B	6.3B	6.8B	6.5B	7.1B	7.5B
Short Long Term Debt Total	420.1M	416.4M	407.5M	420.3M	588.0M	617.4M
Total Stockholder Equity	1.8B	2.0B	2.1B	1.5B	1.5B	1.3B
Net Debt	125.7M	67.9M	72.0M	130.5M	37.1M	64.5M
Retained Earnings	1.7B	1.9B	2.0B	1.4B	1.4B	1.2B
Common Stock Shares Outstanding	55.4M	55.4M	55.4M	55.4M	63.7M	59.7M
Liabilities And Stockholders Equity	5.9B	6.3B	6.8B	6.5B	7.1B	7.5B
Non Current Liabilities Total	448.1M	457.5M	461.1M	4.8B	5.6B	5.8B
Total Liab	4.1B	4.3B	4.6B	5.0B	5.6B	5.8B
Property Plant And Equipment Net	213.9M	219.5M	223.3M	191.6M	165.6M	123.7M
Non Current Assets Total	4.6B	5.0B	5.4B	286.5M	5.3B	5.5B
Non Currrent Assets Other	(28.0M)	(41.1M)	(53.6M)	(4.9B)	(5.3B)	(5.0B)
Other Assets	(176.6M)	(47.0M)	189.4M	5.2B	505.5M	480.3M
Net Receivables	697.8M	648.3M	688.4M	658.5M	601.7M	394.5M
Total Current Assets	1.5B	1.4B	1.2B	978.8M	1.3B	691.6M
Other Current Liab	(143.3M)	(204.8M)	(189.2M)	(151.7M)	(4.1M)	(3.9M)
Total Current Liabilities	143.3M	194.4M	169.1M	206.8M	175.2M	204.4M
Accounts Payable	143.3M	194.4M	169.1M	151.7M	175.2M	117.4M
Cash	294.4M	348.5M	335.6M	289.8M	550.9M	578.4M
Cash And Short Term Investments	788.5M	724.1M	475.7M	412.7M	729.4M	412.9M
Common Stock Total Equity	98.8M	99.0M	98.9M	98.9M	113.8M	79.9M
Short Term Investments	494.1M	375.6M	140.1M	122.9M	178.5M	243.3M
Property Plant And Equipment Gross	145.2M	153.0M	213.9M	219.5M	252.4M	136.0M
Common Stock	98.8M	99.0M	98.9M	98.9M	113.8M	77.5M
Other Liab	946.3M	2.3B	2.5B	1.3B	1.5B	858.1M
Long Term Debt	372.1M	372.5M	372.9M	398.3M	573.7M	292.1M
Property Plant Equipment	169.0M	178.9M	191.3M	171.4M	197.2M	159.6M
Other Current Assets	1.6B	1.6B	1.6B	1.2B	1.7B	1.4B
Intangible Assets	10.6M	11.3M	10.3M	9.2M	8.3M	7.9M
Short Term Debt	14.5M	16.0M	15.7M	11.3M	8.7M	8.3M
Net Tangible Assets	1.7B	2.0B	2.1B	1.5B	1.7B	1.9B
Retained Earnings Total Equity	1.7B	1.9B	2.0B	1.4B	1.3B	1.4B
Long Term Debt Total	372.1M	372.5M	372.9M	398.3M	458.1M	329.7M
Inventory	(1.6B)	(1.6B)	(1.6B)	(1.3B)	(1.8B)	(1.7B)
Long Term Investments	4.3B	4.7B	5.1B	4.9B	5.2B	4.3B

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Mercury Property Plant And Equipment Net vs Net Debt Analysis

Property Plant And Equipment Net vs Net Debt

Property Plant And Equipment Net vs Net Debt Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Net Debt

Mercury General fundamental ratios Correlations

Mercury General Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Mercury General fundamental ratios Accounts

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Additional Tools for Mercury Stock Analysis

COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.98	Total Assets
Cash	+ 0.91	Common Stock Shares Outstanding
Cash	+ 0.91	Total Liab
Property Plant And Equipment Gross	+ 0.91	Accounts Payable

Non Currrent Assets Other	- 0.96	Non Current Liabilities Total
Other Current Liab	- 0.95	Retained Earnings
Other Current Liab	- 0.95	Total Stockholder Equity
Other Current Liab	- 0.92	Property Plant And Equipment Net
Other Assets	- 0.84	Non Current Assets Total
Total Current Liabilities	- 0.79	Retained Earnings