Mercury General (MCY) - Net assets

Net assets on the balance sheet as of September 2024 : $1.86 Billion USD

According to Mercury General 's latest financial reports the company has $1.86 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mercury General - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.54 B	1.71%
2022-12-31	$$1.52 B	-28.88%
2021-12-31	$$2.14 B	5.3%
2020-12-31	$$2.03 B	12.95%
2019-12-31	$$1.79 B	11.24%
2018-12-31	$$1.61 B	-8.16%
2017-12-31	$$1.76 B	0.51%
2016-12-31	$$1.75 B	-3.76%
2015-12-31	$$1.82 B	-2.91%
2014-12-31	$$1.87 B	2.91%
2013-12-31	$$1.82 B	-1.09%
2012-12-31	$$1.84 B	-0.81%
2011-12-31	$$1.85 B	3.49%
2010-12-31	$$1.79 B	1.35%
2009-12-31	$$1.77 B	18.53%
2008-12-31	$$1.49 B	-19.76%
2007-12-31	$$1.86 B	8%
2006-12-31	$$1.72 B	7.23%
2005-12-31	$$1.60 B	10.16%
2004-12-31	$$1.45 B	16.25%
2003-12-31	$$1.25 B	14.26%
2002-12-31	$$1.09 B	2.72%
2001-12-31	$$1.06 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Progressive PGR	$27.15 B	1,358.38%	🇺🇸 USA
Allstate ALL	$20.83 B	1,018.94%	🇺🇸 USA
FedNat Holding Company FNHC	$14.13 M	-99.24%	🇺🇸 USA
Safety Insurance SAFT	$0.81 B	-56.50%	🇺🇸 USA
Erie Indemnity ERIE	$1.94 B	4.60%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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