NODK Change To Inventory from 2010 to 2025

NODK Stock  USD 14.10  0.02  0.14%   
NI Holdings Change To Inventory yearly trend continues to be quite stable with very little volatility. Change To Inventory may rise above about 36.2 M this year. Change To Inventory is the increase or decrease in the amount of inventory NI Holdings has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
34.5 M
Current Value
36.2 M
Quarterly Volatility
16.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Latest NI Holdings' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of NI Holdings over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. NI Holdings' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NI Holdings' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

NODK Change To Inventory Regression Statistics

Arithmetic Mean12,463,544
Geometric Mean0.00
Coefficient Of Variation130.20
Mean Deviation14,461,180
Median11,904,000
Standard Deviation16,227,400
Sample Variance263.3T
Range39.5M
R-Value0.92
Mean Square Error44T
R-Squared0.84
Slope3,131,710
Total Sum of Squares3949.9T

NODK Change To Inventory History

202536.2 M
202434.5 M
202030 M
201912.3 M
2018-189 K
20171.3 M
201611.9 M

About NI Holdings Financial Statements

NI Holdings investors utilize fundamental indicators, such as Change To Inventory, 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
Change To Inventory34.5 M36.2 M

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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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.