Mercury General (Mercury General) Total Stockholders Equity : $1,548 Mil (As of Dec. 2023)

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What is Mercury General Total Stockholders Equity?

Mercury General's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,548 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Mercury General's Book Value per Share for the quarter that ended in Dec. 2023 was $27.96. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Mercury General's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.38.

Mercury General Total Stockholders Equity Historical Data

The historical data trend for Mercury General's Total Stockholders Equity 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.

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Mercury General Total Stockholders Equity Chart

Mercury General Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

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1,799.50

2,032.60

2,140.28

1,522.13

1,548.15

Mercury General Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial															1,522.13	1,459.26	1,400.14	1,374.33	1,548.15

Mercury General (NYSE:MCY) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Mercury General's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1548.145	-	0)	/	55.3711
	=	27.96

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Mercury General's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	587.96)	/	1548.145
	=	0.38

Mercury General Total Stockholders Equity Related Terms

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Mercury General (Mercury General) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (NYSE:MCY) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

MCG:Germany

Address

4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010

Website

http://www.mercuryinsurance.com

Mercury General Corp is an insurance holding company operating in the property-casualty market, where it focuses on low-cost auto insurance for individuals, with operations in nearly 13 United States of America states. However, its business--about 75% of premiums--comes from California, where it was established by George Joseph, the current company chairman, and majority owner. Its insurance is distributed exclusively through independent agents.

Executives

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