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Mercury General (FRA:MCG) Debt-to-Revenue : 0.12 (As of Mar. 2024)


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What is Mercury General Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Mercury General's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €184 Mil. Mercury General's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €357 Mil. Mercury General's annualized Revenue for the quarter that ended in Mar. 2024 was €4,689 Mil. Mercury General's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.


Mercury General Debt-to-Revenue Historical Data

The historical data trend for Mercury General's Debt-to-Revenue 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 Debt-to-Revenue Chart

Mercury General Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.10 0.12 0.13

Mercury General Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.11 0.11 0.14 0.11 0.12

Competitive Comparison of Mercury General's Debt-to-Revenue

For the Insurance - Property & Casualty subindustry, Mercury General's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mercury General's Debt-to-Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mercury General's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mercury General's Debt-to-Revenue falls into.



Mercury General Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Mercury General's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 539.159) / 4245.372
=0.13

Mercury General's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(184 + 357.194) / 4688.632
=0.12

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Mercury General Debt-to-Revenue Related Terms

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Mercury General (FRA:MCG) Business Description

Traded in Other Exchanges
Address
4484 Wilshire Boulevard, Los Angeles, CA, USA, 90010
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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