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Mercantil Seguros C.A.
Main Activities: Insurance Carriers
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Company Information |
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Full name Mercantil Seguros C.A. Previous name(s) Central de Seguros (1998) Headquarters Av. Libertador con Avenida Isaías "LATIGO" Chávez, Chacao; Distrito Metropolitano de Caracas; Distrito Capital ; 1060 |
Status: Non-Listed Legal Form: Public Limited Company Operational Status: Operational Fiscal ID (RIF): J-000901805 Incorporation Date: December 8, 1988 Tel: +58-212-2762000 / 2762002 |
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Company Description |
| Mercantil Seguros (before Central de Seguros) born in December 1988, then in 2002 integrated with Seguros Orinoco. The company is part of Consorcio Industrial Mercantil which currently has 35 branches offering insurance services to individuals and businesses |
Company Analysis |
| According to the Consolidated - Audited financial statement for the first ten cumulated months of 2012, total net operating revenues increased with 35.72%, from VEF 6,911,600,868.21 to VEF 9,380,613,650.03 . Operating result increased from VEF 136,225,889.18 to VEF 281,966,865.89 which means 106.98% change. The results of the period increased 75.85% reaching VEF 573,071,195.27 at the end of the period against VEF 325,887,677.93 last year. Return on equity (Net income/Total equity) went from 8.56% to 10.75%, the Return On Asset (Net income / Total Asset) went from 7.74% to 9.61% and the Net Profit Margin (Net Income/Net Sales) went from 4.72% to 6.11% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 11.85% compared to 10.55% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.14 to 1.96 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Y (cons) |
2012 M11C (cons) |
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| Audited | Audited | |
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| SUDESEG - Insurance Companies Financial Statements | SUDESEG - Insurance Companies Financial Statements | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
6,672,292 |
6,109,538 |
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Current Assets |
X,XXX,XXX |
X,XXX,XXX |
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Total Liabilities |
XXX,XXX |
XXX,XXX |
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Shareholders Equity |
X,XXX,XXX |
X,XXX,XXX |
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Current Liabilities |
XXX,XXX |
XXX,XXX |
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| * All the accounts are in VEF. | ||
Income Statement
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Total Operating Revenue |
XX,XXX,XXX |
XX,XXX,XXX |
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Operational Profit (Loss) |
XXX,XXX |
XXX,XXX |
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Net Profit (Loss) |
XXX,XXX |
XXX,XXX |
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| * All the accounts are in VEF. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
XXX.XX% |
XXX.XX% |
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Annualised Return on Assets (ROA) |
XXX.XX% |
XXX.XX% |
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Return on Equity (ROE) |
XXX.XX% |
XXX.XX% |
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Annualised Return on Equity (ROE) |
XXX.XX% |
XXX.XX% |
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Return on Sales (ROS) |
X,XXX.X% |
X,XXX.XX% |
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Return on Capital |
XX.XX% |
XX.XX% |
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Operating Profit Margin |
XX.XX% |
X.XX% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
XX.XXx |
XX.XXx |
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Current asset turnover |
X.XXx |
X.XXx |
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Fixed-asset turnover |
X.XXx |
X.XXx |
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Asset Turnover |
X.XXx |
X.XXx |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
X,XXX,XXX |
XXX,XXX |
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EBITDA |
X,XXX,XXX |
XXX,XXX |
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Bookvalue (BV) |
X,XXX,XXX |
X,XXX,XXX |
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Net Cash |
XXX,XXX |
XXX,XXX |
| Liquidity Ratios | ||
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Current Ratio |
XXX.XX% |
XXX.X% |
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Quick ratio |
XXX.XX% |
XXX.X% |
| Leverage Ratios | ||
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Leverage ratio |
XXX.XX% |
XXX.XX% |
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Interest Coverage Ratio |
X,XXX.X% |
X,XXX.XX% |
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Debt to equity |
XX.XX% |
XX.XX% |
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Debt to total assets |
XX.XX% |
X.XX% |
| Trend Ratios | ||
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Revenue Trend |
XXX.X% |
XXX.XX% |
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Net Income Trend |
XXX.XX% |
XXX.XX% |
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Operating Income Trend |
XXX.XX% |
XXX.XX% |
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