MCY: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MCY has $9,372,742K in assets. $7,140,428K in debts.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Fixed maturity securities (amortized cost 5,175,844 4,982,459)	5,154,481	4,993,829
Equity securities (cost 643,014 795,068)	746,227	687,652
Short-term investments (cost 472,878 283,792)	472,897	281,766
Total investments	6,373,605	5,963,247
Cash	1,252,575	1,122,252
Premiums	778,611	756,554
Allowance for credit losses on premiums receivable	6,400	6,300
Premiums receivable, net of allowance for credit losses	772,211	750,254
Accrued investment income	69,107	66,949
Other	59,741	97,721
Total receivables	901,059	914,924
Reinsurance recoverables (net of allowance for credit losses 266 0)	175,768	390,717
Deferred policy acquisition costs	362,886	349,145
Fixed assets (net of accumulated depreciation 331,993 321,454)	146,797	145,681
Operating lease right-of-use assets	13,483	15,602
Deferred income taxes	27,852	53,802
Goodwill	42,796	42,796
Other intangible assets, net	7,040	7,254
Other assets	68,881	77,607
Total assets	9,372,742	9,083,027

Loss and loss adjustment expense reserves	3,595,972	3,612,160
Unearned premiums	2,273,531	2,184,846
Notes payable	574,427	574,327
Accounts payable and accrued expenses	422,351	468,310
Operating lease liabilities	13,712	15,845
Current income taxes	81,845	37,946
Other liabilities	178,590	220,096
Total liabilities	7,140,428	7,113,530
Common stock without par value or stated value authorized 70,000 shares issued and outstanding 55,389 55,389	99,699	99,699
Retained earnings	2,132,615	1,869,798
Total shareholders equity	2,232,314	1,969,497
Total liabilities and shareholders equity	9,372,742	9,083,027