Mercury General Corporation (MCY)
Add to Watchlists Create an AlertMercury General Corporation Net PP&E:
158.28M for March 31, 2013Mercury General Corporation Historical Net PP&E Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 158.28M |
| Dec. 31, 2012 | 161.94M |
| Sept. 30, 2012 | 165.17M |
| June 30, 2012 | 168.70M |
| March 31, 2012 | 172.42M |
| Dec. 31, 2011 | 177.76M |
| Sept. 30, 2011 | 179.98M |
| June 30, 2011 | 185.08M |
| March 31, 2011 | 190.32M |
| Dec. 31, 2010 | 196.50M |
| Sept. 30, 2010 | 197.16M |
| June 30, 2010 | 201.00M |
| March 31, 2010 | 201.09M |
| Dec. 31, 2009 | 201.86M |
| Sept. 30, 2009 | 200.93M |
| June 30, 2009 | 201.99M |
| March 31, 2009 | 198.68M |
| Dec. 31, 2008 | 191.78M |
| Sept. 30, 2008 | 189.48M |
| June 30, 2008 | 188.50M |
| March 31, 2008 | Go Pro |
| Dec. 31, 2007 | Go Pro |
| Sept. 30, 2007 | Go Pro |
| June 30, 2007 | Go Pro |
| March 31, 2007 | Go Pro |
| Dec. 31, 2006 | Go Pro |
| Sept. 30, 2006 | Go Pro |
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| Dec. 31, 2004 | Go Pro |
| Sept. 30, 2004 | Go Pro |
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| Sept. 30, 2003 | Go Pro |
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| March 31, 2003 | Go Pro |
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| June 30, 2001 | Go Pro |
| March 31, 2001 | Go Pro |
| Dec. 31, 2000 | Go Pro |
About Net PP&E
Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.
For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.
Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:
$1,050,000 - $105,000 = $945,000
As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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MCY Net PP&E Benchmarks
| Companies | |
|---|---|
| Donegal Group | 5.954M |
| Homeowners Choice | 12.98M |
| Safety Insurance Group |
MCY Net PP&E Rankings
| Overall |
74th percentile 2003 of 7809 |
| Sector |
84th percentile 142 of 931 in Financial Services |
| Industry |
88th percentile 7 of 60 in Insurance - Property & Casualty |
MCY Net PP&E Range, Past 5 Years
| Minimum | 158.28M | Mar 2013 |
| Maximum | 201.99M | Jun 2009 |
| Average | 186.43M |
MCY News
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