Balance Sheet & Liquidity: MCY’s total assets grew from $6.3B in 2020 to $9.0B in Q1 2025, while liabilities increased to $7.2B. The current ratio improved to 0.80 (Q1 2025) from 0.22 in 2020, but remains below 1, signaling potential short-term liquidity strain. However, a strong cash position of $1.28B and a cash ratio of 2.6 (2024 annual) provide a buffer.
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