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Mercury General Corporation  (MCY)
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Mercury General's Tangible Leverage Ratio

MCY's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Despite a net increase in borrowings by 0.92%, Mercury General managed to enhance Tangible Leverage Ratio in the forth quarter 2023 to 5.69, surpassing the average for Mercury General's Tangible Leverage Ratio.

Within Property & Casualty Insurance industry in the forth quarter 2023, 4 other companies have achieved lower Tangible Leverage Ratio than Mercury General in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 800, from total ranking in the third quarter 2023 at 3326 .

Explain Tangible Leverage Ratio?
What is MCY Market Share?
What are MCY´s Total Liabilities?


MCY Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change 1.83 % -11.46 % -16.23 % -24.14 % -29.57 %
Y / Y Total Liabilities Change 10.19 % 12.57 % 69.02 % 67.25 % 66.85 %
Tangible Leverage Ratio MRQ 5.69 6.38 6.06 5.65 5.26
MCY's Total Ranking # 800 # 3326 # 3344 # 1389 # 3250
Seq. Tangible Equity Change 13.15 % -1.9 % -4.19 % -4.26 % -1.61 %
Seq. Total Liabilities Change 0.92 % 3.21 % 2.72 % 2.98 % 3.1 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Property & Casualty Insurance Industry # 5
Financial Sector # 83
Overall Market # 800


Tangible Leverage Ratio Statistics
High Average Low
6.14 2.27 1.18
(Sep 30 2023)   (Mar 31 2012)




Financial Statements
Mercury General's Tangible Equity $ 1,497 Millions Visit MCY's Balance sheet
Mercury General's Total Liabilities $ 8,516 Millions Visit MCY's Balance sheet
Source of MCY's Sales Visit MCY's Sales by Geography


Cumulative Mercury General's Tangible Leverage Ratio

MCY's Tangible Leverage Ratio for the trailling 12 Months

MCY Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth 1.83 % -11.46 % -16.23 % -24.14 % -29.57 %
Y / Y Total Liabilities TTM Growth 10.19 % 12.57 % 69.02 % 67.25 % 66.85 %
Tangible Leverage Ratio TTM 5.93 5.82 5.48 4.68 3.86
Total Ranking TTM # 16 # 31 # 29 # 60 # 72
Seq. Tangible Equity TTM Growth 13.15 % -1.9 % -4.19 % -4.26 % -1.61 %
Seq. Total Liabilities TTM Growth 0.92 % 3.21 % 2.72 % 2.98 % 3.1 %


On the trailing twelve months basis Due to the net new borrowings of 0.92% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTangible Leverage Ratio improved to 5.93, above the Mercury General's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Property & Casualty Insurance industry MCY recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 16, from total ranking in previous 12 month period at 31.

Explain Tangible Leverage Ratio?
What is MCY Market Share?
What are MCY´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Property & Casualty Insurance Industry # 0
Financial Sector # 2
Within the Market # 16


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
3.72 2.09 1.36
(Dec 31 2023)   (March 31, 2014)




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Kemper Corporation  13.03 $ 16,340.600  Millions$ 1,254.300  Millions
American International Group Inc   10.84 $ 555,887.000  Millions$ 51,301.000  Millions
American Financial Group Inc   10.07 $ 39,802.000  Millions$ 3,953.000  Millions
Maiden Holdings Ltd   8.58 $ 2,137.207  Millions$ 249.160  Millions
Travelers Companies inc   7.87 $ 162,684.000  Millions$ 20,668.000  Millions
Root Inc   7.86 $ 1,302.000  Millions$ 165.700  Millions
Ambac Financial Group Inc   7.74 $ 8,032.000  Millions$ 1,038.000  Millions
Proassurance Corporation  7.59 $ 7,945.245  Millions$ 1,046.172  Millions
Universal Insurance Holdings Inc   7.44 $ 2,539.927  Millions$ 341.297  Millions
Chubb Limited  7.44 $ 276,853.000  Millions$ 37,230.000  Millions
Cna Financial Corporation  7.11 $ 69,327.000  Millions$ 9,747.000  Millions
W R Berkley Corp  6.74 $ 49,164.925  Millions$ 7,294.640  Millions
Mercury General Corporation  5.69 $ 8,516.173  Millions$ 1,497.016  Millions
Axis Capital Holdings Limited  5.39 $ 26,806.288  Millions$ 4,975.512  Millions
Loews Corp  5.15 $ 83,309.000  Millions$ 16,178.000  Millions
Renaissancere Holdings Ltd   5.00 $ 43,399.932  Millions$ 8,679.606  Millions
The Hartford Financial Services Group Inc   4.92 $ 62,575.000  Millions$ 12,709.000  Millions
Hippo Holdings Inc   4.84 $ 1,729.400  Millions$ 357.400  Millions
Selective Insurance Group Inc   4.82 $ 14,191.327  Millions$ 2,946.532  Millions
Rli Corp  4.70 $ 6,396.876  Millions$ 1,359.952  Millions
Everest Group Ltd   4.65 $ 61,451.000  Millions$ 13,202.000  Millions
Fidelis Insurance Holdings Limited  4.23 $ 10,361.700  Millions$ 2,449.800  Millions
Markel Group Inc   3.81 $ 41,278.873  Millions$ 10,842.775  Millions
Donegal Group Inc  3.80 $ 1,799.254  Millions$ 473.162  Millions
Progressive Corp  3.72 $ 75,415.900  Millions$ 20,277.100  Millions
Palomar Holdings Inc   3.46 $ 1,586.300  Millions$ 458.937  Millions
Old Republic International Corporation  3.22 $ 20,624.500  Millions$ 6,410.700  Millions
Enstar Group Ltd  2.73 $ 15,421.000  Millions$ 5,648.000  Millions
Employers Holdings Inc   2.66 $ 2,562.600  Millions$ 964.100  Millions
Kinsale Capital Group Inc   2.56 $ 2,778.646  Millions$ 1,083.294  Millions

Date modified: 2024-02-17T00:27:06+00:00



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