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Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Mercury General's Marketable Securities for the quarter that ended in Dec. 2023 was $178 Mil.
Mercury General's annual Marketable Securities declined from Dec. 2021 ($140 Mil) to Dec. 2022 ($123 Mil) but then increased from Dec. 2022 ($123 Mil) to Dec. 2023 ($178 Mil).
The historical data trend for Mercury General's Marketable Securities can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mercury General Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Marketable Securities | Get a 7-Day Free Trial | 494.14 | 375.61 | 140.13 | 122.94 | 178.49 |
Mercury General Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Marketable Securities | Get a 7-Day Free Trial | 122.94 | 146.84 | 189.99 | 211.78 | 178.49 |
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
Mercury General (NYSE:MCY) Marketable Securities Explanation
Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".
Thank you for viewing the detailed overview of Mercury General's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Joshua Eric Little | director | 192 E 200 N, THIRD FLOOR, ST. GEORGE UT 84770 |
Wei Pang | officer: VP/Chief Technology Officer | 555 W. IMPERIAL HIGHWAY, BREA CA 92821 |
Mark Allan Ribisi | officer: President of AIS,subsidiary | 16969 VON KARMAN AVE., IRVINE CA 92606 |
Katelyn Marie Gibbs | officer: VP/Chief Experience Officer | 555 W. IMPERIAL HIGHWAY, BREA CA 92821 |
Kelly Lynn Butler | officer: VP/Chief Underwriting Officer | 1700 GREENBRIAR LANE, BREA CA 92821 |
Joseph Vicky Wai Yee | director | 4484 WILSHIRE BLVD., LOS ANGELES CA 90010 |
George Joseph | director, officer: Chairman of the Board | 4484 WILSHIRE BLVD, LOS ANGELES CA 90010 |
George Gwyer Braunegg | director | 6121 SHENANDOAH AVE., LOS ANGELES CA 90010 |
Abby Hosseini | officer: VP/Chief Information Officer | 555 W. IMPERIAL HIGHWAY, BREA CA 92821 |
Brandt Minnich | officer: Vice President, Marketing | 1700 GREENBRIAR LANE, BREA CA 92821 |
Gabriel Tirador | officer: President, other: Director | |
Charles Toney | officer: Vice President | |
Jeffrey Michael Schroeder | officer: VP/Chief Product Officer | 1700 GREENBRIAR LANE, BREA CA 92821 |
Mike Curtius | director | |
Ramona L Cappello | director | 4600 SLEEPYTIME DR, BOULDER CO 80301 |
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