NODK Financial Statements From 2010 to 2025

NODK Stock  USD 14.11  0.19  1.36%   
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
12.8 M
Profit Margin
(0.02)
Market Capitalization
287.9 M
Enterprise Value Revenue
0.7318
Revenue
325.2 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 380.3 M this year, although Enterprise Value will most likely fall to about 320.6 M.

NI Holdings Total Revenue

30.97 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 647 K, Interest Expense of 105.3 M or Total Revenue of 31 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0151 or PTB Ratio of 1.57. 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 Assets515.4 M526.5 M416.1 M
Slightly volatile
Total Current Liabilities6.8 M7.1 M14 M
Slightly volatile
Total Stockholder Equity269.1 M244.6 M218.1 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 M7.5 M6.8 M
Slightly volatile
Retained Earnings209.8 M201.6 M173.6 M
Slightly volatile
Accounts Payable15.4 M25.4 M11.9 M
Slightly volatile
Cash3.2 M3.3 M36.4 M
Pretty Stable
Non Current Assets Total323.6 M332.5 M264.9 M
Slightly volatile
Cash And Short Term Investments3.2 M3.3 M36.4 M
Pretty Stable
Net Receivables77 M79.4 M63.4 M
Slightly volatile
Common Stock Shares Outstanding23.1 M21.1 M20.2 M
Slightly volatile
Short Term Investments1.7 M1.8 M143 M
Slightly volatile
Liabilities And Stockholders Equity515.4 M526.5 M416.1 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 Equity256.6 M244.4 M69.8 M
Slightly volatile
Total Liabilities216.9 M281.9 M177 M
Slightly volatile
Long Term Investments327.4 M332.4 M266.2 M
Slightly volatile
Property Plant And Equipment GrossM11.4 MM
Slightly volatile
Total Current Assets3.2 M3.3 M216.3 M
Slightly volatile
Intangible Assets95 K100 K8.2 M
Pretty Stable
Property Plant Equipment7.9 M11.3 MM
Slightly volatile
Net Invested Capital226.2 M244.6 M265.9 M
Pretty Stable
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 Amortization647 K681 K1.3 M
Slightly volatile
Total Revenue31 M32.6 M191 M
Pretty Stable
Gross Profit31 M32.6 M191 M
Pretty Stable
Other Operating Expenses262.4 M325.2 M209.8 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 Depreciation647 K681 K1.3 M
Pretty Stable

NI Holdings Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow292.6 K308 K31.5 M
Slightly volatile
Depreciation647 K681 K1.3 M
Slightly volatile
Capital ExpendituresM991 K859.1 K
Slightly volatile
End Period Cash Flow3.2 M3.3 M36.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio10.6110.10482.6691
Slightly volatile
Dividend Yield0.01510.01220.0152
Slightly volatile
PTB Ratio1.571.34681.553
Slightly volatile
Days Sales Outstanding116115105
Pretty Stable
Book Value Per Share10.2311.657311.4308
Slightly volatile
Stock Based Compensation To Revenue0.00580.00510.004
Slightly volatile
Capex To Depreciation1.020.871.0673
Slightly volatile
PB Ratio1.571.34681.553
Slightly volatile
EV To Sales10.510.00222.4972
Slightly volatile
Capex To Revenue0.00450.00310.0041
Slightly volatile
Cash Per Share0.230.24579.058
Slightly volatile
Interest Coverage0.180.190.212
Slightly volatile
Intangibles To Total Assets2.0E-42.0E-40.0123
Very volatile
Current Ratio0.450.46941.1 K
Slightly volatile
Tangible Book Value Per Share9.9611.652511.1359
Slightly volatile
Receivables Turnover2.783.273.4563
Very volatile
Shareholders Equity Per Share9.2511.657310.4717
Slightly volatile
Debt To Equity0.00630.00750.0073
Very volatile
Capex Per Share0.0350.04140.0412
Pretty Stable
Revenue Per Share1.481.55379.4468
Pretty Stable
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
Graham Number12.1210.7113.4675
Pretty Stable
Short Term Coverage Ratios41.4746.6550.8643
Slightly volatile
Operating Cycle116115105
Pretty Stable
Price Book Value Ratio1.571.34681.553
Slightly volatile
Company Equity Multiplier1.542.15241.8824
Pretty Stable
Total Debt To Capitalization0.00620.00740.0073
Very volatile
Debt Equity Ratio0.00630.00750.0073
Very volatile
Quick Ratio0.450.4694942
Slightly volatile
Cash Ratio0.450.4694137
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 Ratio1.571.34681.553
Slightly volatile
Fixed Asset Turnover4.14.320328.2096
Slightly volatile
Enterprise Value Multiple11.0210.279.8236
Slightly volatile
Debt Ratio0.00250.0030.003
Pretty Stable
Price Sales Ratio10.6110.10482.6691
Slightly volatile
Asset Turnover0.05880.06190.4796
Slightly volatile
Price Fair Value1.571.34681.553
Slightly volatile

NI Holdings Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap380.3 M329.5 M363.8 M
Slightly volatile
Enterprise Value320.6 M326.1 M321 M
Slightly volatile

NODK Fundamental Market Drivers

Cash And Short Term Investments3.3 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 Revenue32.6 M31 M
Cost Of Revenue272.5 M178.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Revenue Per Share 1.55  1.48 
Ebit Per Revenue(10.32)(9.80)

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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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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
0.448
Earnings Share
0.31
Revenue Per Share
15.509
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0135
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.