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Mercury General (FRA:MCG) Marketable Securities : €149 Mil (As of Mar. 2024)


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What is Mercury General Marketable Securities?

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 Mar. 2024 was €149 Mil.

Mercury General's annual Marketable Securities declined from Dec. 2021 (€124 Mil) to Dec. 2022 (€116 Mil) but then increased from Dec. 2022 (€116 Mil) to Dec. 2023 (€164 Mil).

Mercury General Marketable Securities Historical Data

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.

* Premium members only.

Mercury General Marketable Securities Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444.72 308.75 124.01 116.05 163.68

Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.15 175.36 198.44 163.68 149.47

Mercury General Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Mercury General  (FRA:MCG) 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".

Mercury General Marketable Securities Related Terms

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.

Mercury General (FRA:MCG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Mercury General Corp (FRA:MCG) » Definitions » Marketable Securities
Comparable Companies
KMPR PLMR WTM STC THG SKWD HMN LMND SAFT HCI PGR CB TSE:8766 TRV ALL TSE:8725 HKSE:01339 HIG HKSE:02328 TSX:IFC
Traded in Other Exchanges
MCY:USA
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.

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