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Mercury General Corporation  (MCY)
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Mercury General's Total Debt to Equity

MCY's quarterly Total Debt to Equity and Total Debt, Equity growth


Despite a net increase in borrowings by 0.02%, Mercury General managed to enhance Total Debt to Equity in the forth quarter 2023 to 0.37, surpassing the average for Mercury General's Total Debt to Equity.

Within Property & Casualty Insurance industry in the forth quarter 2023, 23 other companies have achieved lower Total Debt to Equity than Mercury General in the IV Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the third quarter 2023 from 192 to 488 .

Explain Debt to Equity Ratio?
What is the structure of MCY´s Total Debt?
How valuable is the MCY´s Equity?


MCY Total Debt to Equity (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 Equity Change 1.71 % -11.13 % -15.77 % -23.53 % -28.88 %
Y / Y Total Debt Change 44.03 % 53.69 % 20.21 % 20.21 % 6.81 %
Total Debt to Equity MRQ 0.37 0.42 0.32 0.31 0.26
MCY's Total Ranking # 488 # 192 # 999 # 367 # 474
Seq. Equity Change 12.65 % -1.84 % -4.05 % -4.13 % -1.57 %
Seq. Total Debt Change 0.02 % 27.89 % 0.02 % 12.58 % 6.73 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Property & Casualty Insurance Industry # 24
Financial Sector # 132
Overall Market # 488


Total Debt to Equity Statistics
High Average Low
0.42 0.19 0.07
(Sep 30 2023)   (Mar 31 2012)




Financial Statements
Mercury General's Equity $ 1,548 Millions Visit MCY's Balance sheet
Mercury General's Total Debt $ 574 Millions Visit MCY's Balance sheet
Source of MCY's Sales Visit MCY's Sales by Geography


Cumulative Mercury General's Total Debt to Equity

MCY's Total Debt to Equity for the trailling 12 Months

MCY Total Debt to Equity

(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 Equity TTM Growth 1.71 % -11.13 % -15.77 % -23.53 % -28.88 %
Y / Y Total Debt TTM Growth 44.03 % 53.69 % 20.21 % 20.21 % 6.81 %
Total Debt to Equity TTM 0.35 0.32 0.28 0.26 0.23
Total Ranking TTM # 748 # 61 # 69 # 11 # 12
Seq. Equity TTM Growth 12.65 % -1.84 % -4.05 % -4.13 % -1.57 %
Seq. Total Debt TTM Growth 0.02 % 27.89 % 0.02 % 12.58 % 6.73 %


On the trailing twelve months basis Due to the net new borrowings of 0.02% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTotal Debt to Equity improved to 0.35, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Property & Casualty Insurance industry 28, during the past 12 months, other companies have achieved lower Total Debt to Equity than Mercury General. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 61 to 748.

Explain Debt to Equity Ratio?
What is the structure of MCY´s Total Debt?
How valuable is the MCY´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Property & Casualty Insurance Industry # 29
Financial Sector # 205
Within the Market # 748


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.35 0.22 0.17
(Dec 31 2023)   (Dec 31 2021)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Property & Casualty Insurance Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Kemper Corporation  0.82 $ 2,044.900  Millions$ 2,505.000  Millions
Loews Corp  0.54 $ 9,003.000  Millions$ 16,525.000  Millions
Horace Mann Educators Corporation  0.46 $ 546.000  Millions$ 1,175.300  Millions
American International Group Inc   0.44 $ 22,387.000  Millions$ 51,301.000  Millions
Assurant Inc   0.43 $ 2,080.600  Millions$ 4,809.500  Millions
Proassurance Corporation  0.38 $ 427.133  Millions$ 1,111.980  Millions
Mercury General Corporation  0.37 $ 573.729  Millions$ 1,548.145  Millions
Ambac Financial Group Inc   0.36 $ 508.000  Millions$ 1,415.000  Millions
Radian Group Inc  0.35 $ 1,537.257  Millions$ 4,397.805  Millions
American Financial Group Inc   0.35 $ 1,475.000  Millions$ 4,258.000  Millions
Progressive Corp  0.34 $ 6,888.600  Millions$ 20,277.100  Millions
Enstar Group Ltd  0.32 $ 1,831.000  Millions$ 5,648.000  Millions
Travelers Companies inc   0.32 $ 8,031.000  Millions$ 24,921.000  Millions
Cna Financial Corporation  0.31 $ 3,031.000  Millions$ 9,893.000  Millions
Universal Insurance Holdings Inc   0.30 $ 102.006  Millions$ 341.297  Millions
Assured Guaranty Ltd   0.29 $ 1,694.000  Millions$ 5,765.000  Millions
The Hartford Financial Services Group Inc   0.28 $ 4,362.000  Millions$ 15,327.000  Millions
Markel Group Inc   0.25 $ 3,779.796  Millions$ 15,056.208  Millions
Axis Capital Holdings Limited  0.25 $ 1,313.714  Millions$ 5,263.196  Millions
Old Republic International Corporation  0.25 $ 1,591.200  Millions$ 6,410.700  Millions
Chubb Limited  0.23 $ 14,495.000  Millions$ 63,691.000  Millions
Renaissancere Holdings Ltd   0.21 $ 1,958.655  Millions$ 9,454.958  Millions
Nmi Holdings Inc   0.21 $ 397.595  Millions$ 1,926.004  Millions
Fidelis Insurance Holdings Limited  0.18 $ 448.200  Millions$ 2,449.800  Millions
Selective Insurance Group Inc   0.17 $ 503.946  Millions$ 2,954.381  Millions
Kinsale Capital Group Inc   0.17 $ 183.846  Millions$ 1,086.832  Millions
Arch Capital Group Ltd   0.15 $ 2,726.000  Millions$ 18,353.000  Millions
W R Berkley Corp  0.14 $ 1,009.090  Millions$ 7,469.237  Millions
Mgic Investment Corp  0.13 $ 643.196  Millions$ 5,072.017  Millions
White Mountains Insurance Group ltd   0.12 $ 564.600  Millions$ 4,561.600  Millions

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



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