NODK Financial Statements From 2010 to 2025

NODK Stock  USD 14.36  0.09  0.62%   
NI Holdings financial statements provide useful quarterly and yearly information to potential NI Holdings investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on NI Holdings financial statements helps investors assess NI Holdings' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting NI Holdings' valuation are summarized below:
Gross Profit
-1.3 M
Profit Margin
(0.02)
Market Capitalization
298.4 M
Enterprise Value Revenue
0.6572
Revenue
391.7 M
There are currently one hundred twenty fundamental measures for NI Holdings that can be evaluated and compared over time across peers in the sector. We recommend to check NI Holdings' latest fundamental drivers against the all of the trends between 2010 and 2025. Market Cap is expected to rise to about 382.8 M this year. Enterprise Value is expected to rise to about 315.2 M this year

NI Holdings Total Revenue

268.51 Million

Check NI Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NI Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 105.3 M or Total Revenue of 268.5 M, as well as many indicators such as Price To Sales Ratio of 1.62, Dividend Yield of 0.0151 or PTB Ratio of 1.58. NODK financial statements analysis is a perfect complement when working with NI Holdings Valuation or Volatility modules.
  
Check out the analysis of NI Holdings Correlation against competitors.
For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.

NI Holdings Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets509 M708 M427.1 M
Slightly volatile
Total Current Liabilities231.7 M220.7 M41.4 M
Slightly volatile
Total Stockholder Equity269.1 M284.8 M220.6 M
Slightly volatile
Other Liabilities38.2 M21.1 M56.8 M
Slightly volatile
Net Tangible Assets260 M268.8 M213 M
Slightly volatile
Property Plant And Equipment Net8.2 M11.4 MM
Slightly volatile
Retained Earnings208.6 M239.6 M175.9 M
Slightly volatile
Accounts Payable15.4 M25.4 M11.9 M
Slightly volatile
Cash53.8 M65.2 M43.4 M
Slightly volatile
Non Current Assets Total319.4 M519 M276.3 M
Slightly volatile
Cash And Short Term Investments53.8 M65.2 M43.4 M
Slightly volatile
Net Receivables174.5 M166.2 M74.9 M
Slightly volatile
Common Stock Shares Outstanding23.1 M24.3 M20.4 M
Slightly volatile
Short Term Investments130.8 M137.9 M159.6 M
Pretty Stable
Liabilities And Stockholders Equity509 M708 M427.1 M
Slightly volatile
Non Current Liabilities Total209.3 M199.4 M70.8 M
Slightly volatile
Other Current Assets123.3 M189.1 M92.6 M
Slightly volatile
Other Stockholder Equity61.2 M69.5 M46.7 M
Slightly volatile
Total Liabilities441.1 M420.1 M199.7 M
Slightly volatile
Long Term Investments323.6 M431.8 M272.2 M
Slightly volatile
Property Plant And Equipment GrossM11.4 MM
Slightly volatile
Total Current Assets204.1 M148 M237.9 M
Very volatile
Intangible Assets8.1 M6.7 M9.1 M
Pretty Stable
Property Plant Equipment7.9 M11.3 MM
Slightly volatile
Net Invested Capital230.6 M222.9 M264.8 M
Very volatile
Capital Stock184 K207 K225.7 K
Slightly volatile
Short and Long Term Debt Total2.1 M2.4 M1.9 M
Slightly volatile

NI Holdings Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And AmortizationM1.5 M1.4 M
Slightly volatile
Total Revenue268.5 M420.5 M230.1 M
Slightly volatile
Gross Profit268.5 M420.5 M230.1 M
Slightly volatile
Other Operating Expenses252.9 M420.5 M215.2 M
Slightly volatile
EBITDA881.5 K927.9 K20.6 M
Pretty Stable
Cost Of Revenue178.2 M272.5 M177.4 M
Slightly volatile
Interest Income5.7 M8.5 M5.5 M
Slightly volatile
Reconciled Depreciation1.9 M1.2 M1.4 M
Slightly volatile

NI Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow49.1 M54.1 M37.9 M
Slightly volatile
DepreciationM1.5 M1.4 M
Slightly volatile
Capital ExpendituresM1.1 M866.7 K
Slightly volatile
End Period Cash Flow53.8 M65.2 M43.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.620.861.5294
Slightly volatile
Dividend Yield0.01510.01220.0152
Slightly volatile
PTB Ratio1.581.281.5495
Slightly volatile
Days Sales Outstanding116115105
Pretty Stable
Book Value Per Share10.3310.6511.3741
Slightly volatile
Stock Based Compensation To Revenue0.00580.00510.004
Slightly volatile
Capex To Depreciation1.020.871.0673
Slightly volatile
PB Ratio1.581.281.5495
Slightly volatile
EV To Sales0.660.691.3002
Slightly volatile
ROIC0.02860.0270.0341
Very volatile
Capex To Revenue0.00450.00310.0041
Slightly volatile
Cash Per Share3.033.198.9704
Slightly volatile
Interest Coverage0.180.190.212
Slightly volatile
Intangibles To Total Assets0.01230.01470.014
Slightly volatile
Current Ratio0.940.991.1 K
Slightly volatile
Tangible Book Value Per Share10.0210.2211.0501
Slightly volatile
Receivables Turnover2.783.273.4563
Very volatile
Graham Number12.427.4313.9243
Pretty Stable
Shareholders Equity Per Share9.2410.5310.4006
Slightly volatile
Debt To Equity0.00630.00750.0073
Very volatile
Capex Per Share0.0350.04140.0412
Pretty Stable
Revenue Per Share9.2615.5510.8078
Slightly volatile
Interest Debt Per Share0.110.09753.4097
Slightly volatile
Debt To Assets0.00250.0030.003
Pretty Stable
Enterprise Value Over EBITDA11.0210.279.8236
Slightly volatile
Short Term Coverage Ratios41.4746.6550.8643
Slightly volatile
Operating Cycle116115105
Pretty Stable
Price Book Value Ratio1.581.281.5495
Slightly volatile
Operating Profit Margin0.130.06670.1179
Slightly volatile
Company Equity Multiplier1.522.241.8866
Slightly volatile
Total Debt To Capitalization0.00620.00740.0073
Very volatile
Return On Capital Employed0.06670.03610.0629
Slightly volatile
Debt Equity Ratio0.00630.00750.0073
Very volatile
Ebit Per Revenue0.130.06670.1179
Slightly volatile
Quick Ratio0.940.99942
Slightly volatile
Net Income Per E B T0.641.160.782
Slightly volatile
Cash Ratio0.320.34137
Slightly volatile
Cash Conversion Cycle116115105
Pretty Stable
Days Of Sales Outstanding116115105
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.770.870.9379
Pretty Stable
Price To Book Ratio1.581.281.5495
Slightly volatile
Fixed Asset Turnover26.0733.2631.3914
Slightly volatile
Enterprise Value Multiple11.0210.279.8236
Slightly volatile
Debt Ratio0.00250.0030.003
Pretty Stable
Price Sales Ratio1.620.861.5294
Slightly volatile
Asset Turnover0.580.680.5508
Pretty Stable
Price Fair Value1.581.281.5495
Slightly volatile

NI Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap382.8 M316.1 M363.2 M
Slightly volatile
Enterprise Value315.2 M253.3 M316.1 M
Slightly volatile

NODK Fundamental Market Drivers

Cash And Short Term Investments56.7 M

NODK Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About NI Holdings Financial Statements

NI Holdings investors utilize fundamental indicators, such as revenue or net income, to predict how NODK Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue420.5 M268.5 M
Cost Of Revenue272.5 M178.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Revenue Per Share 15.55  9.26 
Ebit Per Revenue 0.07  0.13 

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When determining whether NI Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NODK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ni Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Ni Holdings Stock:
Check out the analysis of NI Holdings Correlation against competitors.
For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NI Holdings. If investors know NODK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.564
Earnings Share
(0.43)
Revenue Per Share
18.702
Quarterly Revenue Growth
0.14
Return On Assets
(0)
The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.