Enterprise Value of Mercury General Corporation (MCY) is 2.3 billion

Enterprise value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet. Enterprise value is a popular metric used to value a company for a potential takeover. It is calculated as a sum of the market value of common stock, market value of preferred equity, debt and minority interest, minus total cash and investments.

 

Source: Investopedia

Enterprise Value
Jun 19Jul 19Aug 19Sep 19Oct 19Nov 19Dec 19Jan 20Feb 20Mar 20Apr 20May 20
2.9 billion3.2 billion2.9 billion3.1 billion3.2 billion3.3 billion2.8 billion2.8 billion2.8 billion2.5 billion2.2 billion2.3 billion