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Mercury General Corporation  (MCY)
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Mercury General's Quick Ratio

MCY's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Mercury General's Cash & cash equivalent grew by 5.61 % in the IV Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Mercury General's Quick Ratio to 1.71, Quick Ratio remained below Mercury General Corporation average.

Within Property & Casualty Insurance industry 2 other companies have achieved higher Quick Ratio than Mercury General in forth quarter 2023. While Quick Ratio total ranking in the forth quarter 2023 has deteriorated compared to the prior quarter from 132 to 150.

Explain Quick Ratio?
How much Cash & cash equivalents MCY´s has?
What are MCY´s Current Liabilities?


MCY Quick 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 Current Liabilities Change 8.2 % 11.68 % 11.72 % 12.12 % 10.18 %
Y / Y Cash & cash equivalent Change 12.17 % 10.29 % 6.95 % 3.87 % -0.14 %
Quick Ratio MRQ 1.71 1.65 1.61 1.61 1.64
MCY's Total Ranking # 150 # 132 # 1378 # 1191 # 1364
Seq. Current Liabilities Change 2.44 % 0.18 % 1.99 % 3.38 % 5.73 %
Seq. Cash & cash equivalent Change 5.61 % 2.97 % 1.82 % 1.29 % 3.85 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Property & Casualty Insurance Industry # 3
Financial Sector # 25
Overall Market # 150


Quick Ratio Statistics
High Average Low
3.14 2.36 1.61
(Mar 31 2012)   (Jun 30 2023)




Financial Statements
Mercury General's Current Liabilities $ 2,961 Millions Visit MCY's Balance sheet
Mercury General's Cash & cash equivalent $ 5,049 Millions Visit MCY's Balance sheet
Source of MCY's Sales Visit MCY's Sales by Geography


Cumulative Mercury General's Quick Ratio

MCY's Quick Ratio for the trailling 12 Months

MCY Quick 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 Current Liabilities TTM Growth 8.2 % 11.68 % 11.72 % 12.12 % 10.18 %
Y / Y Cash & cash equivalent TTM Growth 12.17 % 10.29 % 6.95 % 3.87 % -0.14 %
Quick Ratio TTM 1.65 1.63 1.63 1.65 1.68
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 2.44 % 0.18 % 1.99 % 3.38 % 5.73 %
Seq. Cash & cash equivalent TTM Growth 5.61 % 2.97 % 1.82 % 1.29 % 3.85 %


On the trailing twelve months basis MCY Cash & cash equivalent increased by 12.17 % in IV Quarter 2023 year on year, faster than Current Liabilities, this led to increase in in Mercury General's Quick Ratio to 1.65, Quick Ratio remained below MCY average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Property & Casualty Insurance industry 2 other companies have achieved higher Quick Ratio than Mercury General. While Quick Ratio overall ranking has improved so far to 166, from total ranking during the twelve months ending third quarter 2023 at 206.

Explain Quick Ratio?
How much Cash & cash equivalents MCY´s has?
What are MCY´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Property & Casualty Insurance Industry # 3
Financial Sector # 25
Within the Market # 150


trailing twelve months Quick Ratio Statistics
High Average Low
3.14 2.36 1.61
(Mar 31 2012)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Universal Insurance Holdings Inc   2.59 $ 1,461.636  Millions$ 564.663  Millions
American Financial Group Inc   1.93 $ 27,508.000  Millions$ 14,273.000  Millions
Mercury General Corporation  1.71 $ 5,048.730  Millions$ 2,960.921  Millions
Assurant Inc   1.70 $ 8,868.200  Millions$ 5,212.000  Millions
Everest Group Ltd   1.61 $ 40,706.000  Millions$ 25,254.000  Millions
Cincinnati Financial Corporation  1.52 $ 13,791.000  Millions$ 9,050.000  Millions
Rli Corp  1.46 $ 3,847.665  Millions$ 2,630.169  Millions
Selective Insurance Group Inc   1.44 $ 7,700.886  Millions$ 5,343.162  Millions
Travelers Companies inc   1.36 $ 83,594.000  Millions$ 61,627.000  Millions
Kemper Corporation  1.14 $ 6,948.000  Millions$ 6,102.900  Millions
Proassurance Corporation  1.11 $ 3,795.280  Millions$ 3,425.300  Millions
Chubb Limited  1.05 $ 111,122.000  Millions$ 105,678.000  Millions
Axis Capital Holdings Limited  0.86 $ 1,563.624  Millions$ 1,818.812  Millions
Hippo Holdings Inc   0.84 $ 490.900  Millions$ 582.600  Millions
White Mountains Insurance Group ltd   0.65 $ 1,089.600  Millions$ 1,686.200  Millions
Ambac Financial Group Inc   0.42 $ 426.000  Millions$ 1,018.000  Millions
American International Group Inc   0.40 $ 24,596.000  Millions$ 61,932.000  Millions

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



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