Mercury General Corporation (MCY)

Mercury General Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	4,913	4,319	4,088	4,032	3,550
Investments in Equity & Preferred Securities	879.18	730.69	699.55	970.94	803.85
Other Investments	283.82	178.49	122.94	140.13	375.61
Total Investments	6,076	5,229	4,911	5,143	4,729
Cash & Equivalents	720.26	550.9	289.78	335.56	348.48
Reinsurance Recoverable	28.61	31.95	25.9	45	48.49
Other Receivables	851.76	700.51	685.08	686.75	648.51
Deferred Policy Acquisition Cost	335.33	293.84	266.48	258.26	246.99
Property, Plant & Equipment	154.55	168.59	195.86	226.8	222.58
Goodwill	42.8	42.8	42.8	42.8	42.8
Other Intangible Assets	7.68	8.33	9.21	10.26	11.32
Other Current Assets	10	-	20.2	-	-
Long-Term Deferred Tax Assets	45.85	33.01	42.9	-	-
Long-Term Deferred Charges	0	0.2	1.1	2.8	4.8
Other Long-Term Assets	37.42	44.75	24.1	21.67	25
Total Assets	8,311	7,103	6,514	6,772	6,328
Accounts Payable	242.12	175.22	151.69	169.13	194.42
Insurance & Annuity Liabilities	3,152	2,786	2,585	2,226	1,991
Unearned Premiums	2,040	1,736	1,546	1,520	1,406
Current Portion of Leases	7.64	-	-	-	-
Current Income Taxes Payable	20.75	-	-	-	10.43
Long-Term Debt	574.13	573.73	398.33	372.93	372.53
Long-Term Leases	8.46	17.07	25.5	37.7	46.66
Long-Term Deferred Tax Liabilities	-	-	-	53.57	41.13
Other Current Liabilities	0.21	1.96	0.16	0.3	-
Other Long-Term Liabilities	318.94	265.92	285.83	252.33	233.3
Total Liabilities	6,364	5,555	4,992	4,632	4,296
Common Stock	99.7	98.95	98.95	98.94	98.97
Retained Earnings	1,847	1,449	1,423	2,041	1,934
Shareholders' Equity	1,947	1,548	1,522	2,140	2,033
Total Liabilities & Equity	8,311	7,103	6,514	6,772	6,328
Filing Date Shares Outstanding	55.39	55.37	55.37	55.37	55.36
Total Common Shares Outstanding	55.39	55.37	55.37	55.37	55.36
Total Debt	590.23	590.8	423.83	410.63	419.19
Net Cash (Debt)	130.03	-39.9	-134.05	-75.08	-70.71
Net Cash Per Share	2.35	-0.72	-2.42	-1.36	-1.28
Book Value Per Share	35.14	27.96	27.49	38.65	36.72
Tangible Book Value	1,896	1,497	1,470	2,087	1,978
Tangible Book Value Per Share	34.23	27.04	26.55	37.70	35.74
Land	6.67	9.71	18.15	18.15	18.15
Buildings	35.6	65.41	105.53	142.18	139.27
Machinery	29.29	31.07	45.83	48.51	46.45
Leasehold Improvements	1.96	2.89	5.47	6.58	7

Source: S&P Capital IQ. Insurance template. Financial Sources.