Mercury General Corporation Financial Ratios — MCG Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	10.47	6.32	6.12	9.62	4.03	4.09	8.25	-0.34	18.73	19.55	11.88	-28	6.28	26.78	24.8
Return on Assets (%)	4.62	2.83	2.64	3.99	1.61	1.55	2.93	-0.11	5.65	6.13	3.79	-7.72	1.41	6.07	6.06
Return on Capital (%)	9.63	5.94	5.67	8.61	- -	- -	7.52	- -	15.89	16.64	10.49	- -	5.87	21.11	20.38
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	8.83	4.86	4.68	8.22	2.34	2.19	4.89	-0.91	9.52	12.12	7.5	-18.41	2.15	10.5	11.07
Profit Margin (%)	6.88	4.2	3.98	5.91	2.47	2.26	4.24	-0.17	8.06	9.9	6.21	-14.07	2.08	8.55	9.03
Net Income to Common Margin (%)	6.88	4.2	3.98	5.91	2.47	2.26	4.24	-0.17	8.06	9.9	6.21	-14.07	2.08	8.55	9.03
Effective Tax Rate (%)	22.01	13.6	15.1	28.08	- -	- -	13.29	- -	15.34	18.3	17.16	- -	3.11	18.6	18.47
Dvd Payout Ratio (%)	69.12	114.71	120.18	76.14	183.12	187.83	95.17	-2,417.56	43.45	37.28	56.56	-20.57	73	15.03	13
Sustainable Growth Rate (%)	3.23	-0.93	-1.24	2.3	-3.35	-3.59	0.4	-8.54	10.59	12.26	5.16	-33.76	1.69	22.76	21.58

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	140	140	190	290	290	320	371	372	420	416	408	420	588	588	587
ST Debt	- -	- -	- -	- -	20	200	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	140	140	190	290	270	120	371	372	420	416	408	420	588	588	587
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	6	2	1	3	3	4	15	17	17	17	17	17	24	31	29
Common Equity/Total Assets	45.64	43.98	42.23	40.77	39.34	36.59	34.53	29.77	30.56	32.12	31.6	23.37	21.79	23.42	25.28
Long-Term Debt/Equity (%)	7.54	7.6	10.43	15.46	14.83	6.85	21.08	22.98	23.35	20.48	19.04	27.61	37.98	30.19	24.28
Long-Term Debt/Capital (%)	7.01	7.06	9.44	13.39	12.79	5.79	17.41	18.69	18.93	17	15.99	21.64	27.52	23.19	19.53
Long-Term Debt/Total Assets (%)	3.44	3.34	4.4	6.3	5.83	2.51	7.28	6.84	7.13	6.58	6.02	6.45	8.28	7.07	6.14
Total Debt/Equity (%)	7.54	7.6	10.43	15.46	15.93	18.26	21.08	22.98	23.35	20.48	19.04	27.61	37.98	30.19	24.28
Total Debt/Capital (%)	7.01	7.06	9.44	13.39	13.74	15.44	17.41	18.69	18.93	17	15.99	21.64	27.52	23.19	19.53
Total Debt/Total Assets (%)	3.44	3.34	4.4	6.3	6.27	6.68	7.28	6.84	7.13	6.58	6.02	6.45	8.28	7.07	6.14
Net Debt to Equity	-3.84	-0.99	-4.2	- -	1.42	5.69	4.54	3.55	4.32	1.18	1.75	7.13	1.47	-7.51	-30.66
Net Debt/Capital (%)	-4	-1	-4.38	- -	1.4	5.38	4.34	3.43	4.04	1.15	1.69	6.57	1.44	-8.06	-43.89
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	45.64	43.98	42.23	40.77	39.34	36.59	34.53	29.77	30.56	32.12	31.6	23.37	21.79	23.42	25.28
Long-Term Debt/Equity (%)	7.54	7.6	10.43	15.46	14.83	6.85	21.08	22.98	23.35	20.48	19.04	27.61	37.98	30.19	24.28
Long-Term Debt/Capital (%)	7.01	7.06	9.44	13.39	12.79	5.79	17.41	18.69	18.93	17	15.99	21.64	27.52	23.19	19.53
Long-Term Debt/Total Assets (%)	3.44	3.34	4.4	6.3	5.83	2.51	7.28	6.84	7.13	6.58	6.02	6.45	8.28	7.07	6.14
Total Debt/Equity (%)	7.54	7.6	10.43	15.46	15.93	18.26	21.08	22.98	23.35	20.48	19.04	27.61	37.98	30.19	24.28
Total Debt/Capital (%)	7.01	7.06	9.44	13.39	13.74	15.44	17.41	18.69	18.93	17	15.99	21.64	27.52	23.19	19.53
Total Debt/Total Assets (%)	3.44	3.34	4.4	6.3	6.27	6.68	7.28	6.84	7.13	6.58	6.02	6.45	8.28	7.07	6.14
CFO/Total Liabilities	7.16	6.31	8.42	9.05	6.78	9.61	10.22	10.05	12.71	14.1	10.83	7.06	8.15	16.3	15.22
CFO/CapEx	8.77	9.76	11.24	9.47	9.46	17.18	17.56	13.71	12.96	15.16	12.1	9.93	12.31	22.48	18.61
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	9.75	8.78	7.93	7.97	7.28	7.1	6.81	5.17	5.44	5.73	6.15	5.82	7.55	8.09	7.61
Days Sales Outstanding	37.44	41.58	46.03	45.82	50.13	51.4	53.58	70.55	67.06	63.71	59.33	62.76	48.32	45.1	47.95
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,633	5,109
- Cash & Cash Equivalents	211	158	267	290	264	220	291	314	294	348	336	290	551	720	1,316
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	140	140	190	290	290	320	371	372	420	416	408	420	588	588	587
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,216	4,043
Total Capital	1,997	1,982	2,012	2,165	2,111	2,072	2,133	1,989	2,220	2,449	2,548	1,942	2,136	2,534	3,004
Total Debt/Capital (%)	7.01	7.06	9.44	13.39	13.74	15.44	17.41	18.69	18.93	17	15.99	21.64	27.52	23.19	19.53
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.18	0.15
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.59	0.67
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.03	3.64
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.17	3.84
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,632	5,109
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,215	4,043
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	58.07	72.99
TTM Sales	2,777	2,783	2,821	3,012	3,009	3,228	3,416	3,380	3,973	3,785	3,993	3,643	4,630	5,476	5,992
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	163	149	211	248	- -	- -	355	- -	534	620	516	- -	476	1,062	1,111
TTM Free Cash Flow to Firm	145	134	192	222	- -	- -	335	- -	494	580	474	- -	440	1,016	1,052

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.66	4.97
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,216	4,043
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	37.61	36.69
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.59	0.67
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.76	9.44
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.81	6.92
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.39	9.78
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.45	3.76
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.87	2.11
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.64	1.55
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.26	2.19
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.07	0.84
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.92	2.16
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.68	1.58
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.32	2.24
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.1	0.86
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.66	0.85
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.58	0.63
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.8	0.88
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.38	0.34
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.5	4.7
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.07	3.45
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.24	4.87
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.01	1.87
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.22	3.64
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.43	5.14
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.1	1.98
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.51	0.45
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.73	0.71
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.3	0.16
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	65.58	92.23
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	79.35	95.55
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2,773	2,681
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3,979	4,227
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,667	966

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	55	55	55	55	55	55	55	55	55	55	55	55	55	55	55
Diluted Weighted Avg Shares	55	55	55	55	55	55	55	55	55	55	55	55	55	55	55
Basic Weighted Avg Shares	55	55	55	55	55	55	55	55	55	55	55	55	55	55	55
Revenue per Share	50.66	50.7	51.34	54.75	54.56	58.42	61.75	61.08	71.77	68.36	72.12	65.79	83.61	98.89	108.19
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	3.49	2.13	2.04	3.23	1.35	1.32	2.62	-0.1	5.78	6.77	4.48	-9.26	1.74	8.45	9.77
Basic EPS from Cont Ops	3.49	2.13	2.04	3.23	1.35	1.32	2.62	-0.1	5.78	6.77	4.48	-9.26	1.74	8.45	9.77
Diluted EPS, GAAP	3.49	2.13	2.04	3.23	1.35	1.32	2.62	-0.1	5.78	6.77	4.48	-9.26	1.74	8.45	9.77
Diluted EPS from Cont Ops	3.49	2.13	2.04	3.23	1.35	1.32	2.62	-0.1	5.78	6.77	4.48	-9.26	1.74	8.45	9.77
Dividend per Share	2.41	2.44	2.45	2.46	2.47	2.48	2.49	2.5	2.51	2.52	2.53	1.91	1.27	1.27	1.27
Cash Flow per Share	2.89	2.7	3.82	4.48	3.45	5.28	6.17	6.93	9.39	10.94	9.06	6.37	8.18	18.73	19.63
Free Cash Flow per Basic Share	2.56	2.42	3.48	4.01	3.08	4.97	5.82	6.42	8.66	10.22	8.31	5.73	7.52	17.9	18.57
Cash & Equivalents per Share	8.16	8.25	10.59	12.02	8.15	10.78	10.74	10.26	14.24	13.08	8.59	7.45	13.17	18.13	29.84
Book Value per Share	33.86	33.55	33.15	34.02	33.01	31.7	31.83	29.23	32.51	36.72	38.65	27.49	27.96	35.14	43.64
Tangible Book Value per Share	32.1	31.9	31.62	32.6	31.66	30.46	30.69	28.18	31.54	35.74	37.7	26.55	27.04	34.23	42.75