Mercury General Corporation (MCY)
Mercury General Corporation Accruals: 38.67M
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MCY Accruals Rankings
| Overall | 90th percentile | 430 of 4304 |
| Sector | 87th percentile | 105 of 861 in Financial |
| Industry | 72nd percentile | 22 of 80 in Property & Casualty Insurance |
MCY Accruals Range, Past 5 Years
| Minimum | -200.22M | Sep 2008 |
| Maximum | 107.64M | Sep 2009 |
| Average | 2.690M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
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MCY News
Apr 30, 3:53PM Seeking Alpha
Apr 30, 8:30AM PR Newswire
Apr 05, 12:56PM PR Newswire
about 58 days ago by MarketBrief
Mar 26, 2:50PM PR Newswire
Feb 06, 2:12PM Seeking Alpha
about 114 days ago by earningscast
Feb 06, 8:34AM Street Insider
Feb 06, 8:30AM PR Newswire
about 212 days ago by DynamicDividend
about 212 days ago by Benzinga
about 450 days ago by DynamicDividend
about 474 days ago by akoptiontrader
about 478 days ago by BehemothTrader
about 478 days ago by BehemothTrader
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MCY | 43.70 | +0.03 | +0.07% | 2.397B |
| MCS | 13.88 | +0.20 | +1.46% | 400.14M |
| MBLX | 1.98 | +0.08 | +4.21% | 64.87M |
| MBL | 14.32 | +0.00 | +0.00% | |
| MBI | 8.85 | +0.41 | +4.86% | 1.635B |
| MBG | 27.66 | +0.00 | +0.00% | |
| MBFI | 20.68 | +0.22 | +1.08% | 1.118B |
| MBB | 108.37 | -0.05 | -0.05% | |
| MBA | 0.26 | +0.01 | +4.00% | 18.61M |
| MAYS | 17.69 | +0.00 | +0.00% | 35.73M |