As of May 29, 2025, Mercury General Corp (MCY) reports a Current Ratio of 0.22.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Mercury General Corp's Current Ratio
Over recent years, Mercury General Corp's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 0.22 |
| 2023-12-31 | 0.14 |
| 2022-12-31 | 0.07 |
| 2021-12-31 | 0.04 |
| 2020-12-31 | 0.04 |
This slight upward trend highlights how Mercury General Corp manages its short-term assets and liabilities over time.
Comparing Mercury General Corp's Current Ratio to Peers
To better understand Mercury General Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Mercury General Corp (MCY) | 0.22 |
| Argo Group International Holdings Ltd (ARGO) | 13.50 |
| ProAssurance Corp (PRA) | 5.40 |
| Global Indemnity Group LLC (GBLI) | 4.88 |
| Assured Guaranty Ltd (AGO) | 4.44 |
| Universal Insurance Holdings Inc (UVE) | 4.05 |
Compared to its competitors, Mercury General Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.