NODK Historical Balance Sheet

NODK Stock

USD 15.92 0.11 0.69%

Trend analysis of NI Holdings balance sheet accounts such as Total Stockholder Equity of 269.1 M provides information on NI Holdings' total assets, liabilities, and equity, which is the actual value of NI Holdings to its prevalent stockholders. By breaking down trends over time using NI Holdings balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining NI Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NI Holdings is a good buy for the upcoming year.

NI Holdings Inventory

(363.07 Million)

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.

About NODK Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NI Holdings at a specified time, usually calculated after every quarter, six months, or one year. NI Holdings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NI Holdings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NODK currently owns. An asset can also be divided into two categories, current and non-current.

NI Holdings Balance Sheet Chart

At this time, NI Holdings' Non Currrent Assets Other are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 23.1 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 8.2 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity Other Liab Capital Lease Obligations

Add Fundamental

Total Assets

Total assets refers to the total amount of NI Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NI Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NI Holdings balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NI Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Capital Lease Obligations

NI Holdings capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to NI Holdings asset purchases. For example, NI Holdings can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as NI Holdings control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.

Most accounts from NI Holdings' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NI Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.At this time, NI Holdings' Non Currrent Assets Other are quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 23.1 M this year, although the value of Property Plant And Equipment Net will most likely fall to about 8.2 M.

	2021	2022	2023	2024 (projected)
Total Stockholder Equity	343.2M	251.0M	247.6M	269.1M
Total Current Liabilities	326K	14.0M	191.9M	201.5M

Total Stockholder Equity Total Current Liabilities

NI Holdings balance sheet Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.35	0.4	0.92	-0.49	0.92	0.99	-0.86	0.97	0.36	0.87	0.64	0.38	0.6	0.87	0.74	0.31	0.71	-0.39	0.56	0.95	0.83	0.63	0.97	0.97	-0.04
Other Current Liab	0.35		0.99	0.2	-0.24	0.26	0.38	-0.22	0.26	0.16	0.2	0.42	0.47	-0.16	0.2	0.55	-0.02	0.31	-0.05	0.4	0.35	0.19	0.43	0.37	0.38	-0.27
Total Current Liabilities	0.4	0.99		0.22	-0.27	0.28	0.43	-0.23	0.29	0.17	0.21	0.37	0.41	-0.1	0.21	0.61	0.02	0.32	-0.1	0.48	0.38	0.22	0.48	0.4	0.42	-0.21
Total Stockholder Equity	0.92	0.2	0.22		-0.51	0.99	0.87	-0.92	0.96	0.35	0.91	0.75	0.56	0.48	0.91	0.43	0.19	0.78	-0.18	0.32	0.9	0.93	0.38	0.96	0.82	-0.08
Other Liab	-0.49	-0.24	-0.27	-0.51		-0.55	-0.41	0.23	-0.42	-0.4	-0.23	-0.33	-0.35	0.04	-0.23	-0.39	0.27	-0.65	-0.37	-0.47	-0.56	-0.67	-0.67	-0.54	-0.41	-0.32
Net Tangible Assets	0.92	0.26	0.28	0.99	-0.55		0.88	-0.91	0.95	0.37	0.91	0.79	0.6	0.43	0.91	0.47	0.15	0.79	-0.13	0.32	0.92	0.94	0.41	0.98	0.83	-0.11
Property Plant And Equipment Net	0.99	0.38	0.43	0.87	-0.41	0.88		-0.84	0.95	0.33	0.85	0.6	0.32	0.63	0.85	0.79	0.37	0.65	-0.47	0.58	0.93	0.78	0.63	0.94	0.98	-0.05
Net Debt	-0.86	-0.22	-0.23	-0.92	0.23	-0.91	-0.84		-0.91	-0.47	-1.0	-0.73	-0.52	-0.47	-1.0	-0.4	-0.11	-0.64	0.27	-0.3	-0.85	-0.79	-0.22	-0.89	-0.79	0.16
Retained Earnings	0.97	0.26	0.29	0.96	-0.42	0.95	0.95	-0.91		0.28	0.91	0.71	0.46	0.63	0.91	0.58	0.35	0.72	-0.39	0.39	0.93	0.81	0.48	0.96	0.9	-0.16
Accounts Payable	0.36	0.16	0.17	0.35	-0.4	0.37	0.33	-0.47	0.28		0.47	0.2	0.22	-0.24	0.47	0.28	-0.69	0.38	0.18	0.6	0.47	0.48	0.26	0.37	0.33	0.53
Cash	0.87	0.2	0.21	0.91	-0.23	0.91	0.85	-1.0	0.91	0.47		0.73	0.51	0.48	1.0	0.42	0.12	0.63	-0.28	0.31	0.86	0.79	0.24	0.9	0.81	-0.15
Non Current Assets Total	0.64	0.42	0.37	0.75	-0.33	0.79	0.6	-0.73	0.71	0.2	0.73		0.86	0.1	0.73	0.23	0.02	0.55	0.01	-0.11	0.64	0.63	0.19	0.75	0.61	-0.53
Non Currrent Assets Other	0.38	0.47	0.41	0.56	-0.35	0.6	0.32	-0.52	0.46	0.22	0.51	0.86		-0.24	0.51	0.02	-0.22	0.67	0.29	-0.17	0.47	0.5	0.01	0.54	0.31	-0.41
Other Assets	0.6	-0.16	-0.1	0.48	0.04	0.43	0.63	-0.47	0.63	-0.24	0.48	0.1	-0.24		0.48	0.45	0.74	0.17	-0.61	0.22	0.47	0.28	0.35	0.48	0.59	-0.22
Cash And Short Term Investments	0.87	0.2	0.21	0.91	-0.23	0.91	0.85	-1.0	0.91	0.47	1.0	0.73	0.51	0.48		0.42	0.12	0.63	-0.28	0.31	0.86	0.79	0.24	0.9	0.81	-0.15
Net Receivables	0.74	0.55	0.61	0.43	-0.39	0.47	0.79	-0.4	0.58	0.28	0.42	0.23	0.02	0.45	0.42		0.3	0.4	-0.43	0.78	0.69	0.43	0.84	0.63	0.84	0.13
Good Will	0.31	-0.02	0.02	0.19	0.27	0.15	0.37	-0.11	0.35	-0.69	0.12	0.02	-0.22	0.74	0.12	0.3		-0.01	-0.72	-0.07	0.15	-0.02	0.13	0.22	0.34	-0.36
Common Stock Shares Outstanding	0.71	0.31	0.32	0.78	-0.65	0.79	0.65	-0.64	0.72	0.38	0.63	0.55	0.67	0.17	0.63	0.4	-0.01		0.05	0.4	0.81	0.79	0.37	0.78	0.59	0.14
Short Term Investments	-0.39	-0.05	-0.1	-0.18	-0.37	-0.13	-0.47	0.27	-0.39	0.18	-0.28	0.01	0.29	-0.61	-0.28	-0.43	-0.72	0.05		-0.24	-0.23	0.05	-0.2	-0.21	-0.44	0.06
Non Current Liabilities Total	0.56	0.4	0.48	0.32	-0.47	0.32	0.58	-0.3	0.39	0.6	0.31	-0.11	-0.17	0.22	0.31	0.78	-0.07	0.4	-0.24		0.56	0.43	0.71	0.45	0.55	0.59
Other Current Assets	0.95	0.35	0.38	0.9	-0.56	0.92	0.93	-0.85	0.93	0.47	0.86	0.64	0.47	0.47	0.86	0.69	0.15	0.81	-0.23	0.56		0.84	0.53	0.96	0.91	0.03
Other Stockholder Equity	0.83	0.19	0.22	0.93	-0.67	0.94	0.78	-0.79	0.81	0.48	0.79	0.63	0.5	0.28	0.79	0.43	-0.02	0.79	0.05	0.43	0.84		0.42	0.91	0.73	0.16
Total Liab	0.63	0.43	0.48	0.38	-0.67	0.41	0.63	-0.22	0.48	0.26	0.24	0.19	0.01	0.35	0.24	0.84	0.13	0.37	-0.2	0.71	0.53	0.42		0.51	0.67	0.17
Long Term Investments	0.97	0.37	0.4	0.96	-0.54	0.98	0.94	-0.89	0.96	0.37	0.9	0.75	0.54	0.48	0.9	0.63	0.22	0.78	-0.21	0.45	0.96	0.91	0.51		0.92	-0.1
Property Plant And Equipment Gross	0.97	0.38	0.42	0.82	-0.41	0.83	0.98	-0.79	0.9	0.33	0.81	0.61	0.31	0.59	0.81	0.84	0.34	0.59	-0.44	0.55	0.91	0.73	0.67	0.92		-0.07
Total Current Assets	-0.04	-0.27	-0.21	-0.08	-0.32	-0.11	-0.05	0.16	-0.16	0.53	-0.15	-0.53	-0.41	-0.22	-0.15	0.13	-0.36	0.14	0.06	0.59	0.03	0.16	0.17	-0.1	-0.07

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NI Holdings Account Relationship Matchups

NI Holdings balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	508.2M	617.6M	651.8M	614.2M	615.7M	509.0M
Other Current Liab	(170K)	(754K)	(749K)	(14.0M)	191.3M	200.9M
Total Current Liabilities	170K	1.0M	326K	14.0M	191.9M	201.5M
Total Stockholder Equity	306.3M	344.3M	343.2M	251.0M	247.6M	269.1M
Other Liab	711K	4.6M	133.8M	23.5M	21.1M	38.2M
Net Tangible Assets	303.4M	326.1M	325.5M	233.7M	268.8M	260.0M
Property Plant And Equipment Net	7.7M	9.9M	9.9M	9.8M	9.9M	8.2M
Net Debt	(62.1M)	(101.1M)	(70.6M)	(45.2M)	(54.6M)	(57.4M)
Retained Earnings	218.5M	258.7M	267.2M	214.1M	208.4M	208.6M
Accounts Payable	170K	15.6M	326K	22.1M	25.4M	15.4M
Cash	62.1M	101.1M	70.6M	47.0M	56.7M	53.8M
Non Current Assets Total	366.5M	418.5M	469.9M	36.1M	451.3M	319.4M
Non Currrent Assets Other	(138K)	(529K)	(861K)	(355.7M)	37.7M	39.5M
Other Assets	24.6M	34.1M	38.2M	111.2M	(146.9M)	(154.3M)
Cash And Short Term Investments	62.1M	101.1M	70.6M	47.0M	56.7M	53.8M
Net Receivables	55.0M	64.0M	73.0M	130.8M	144.5M	76.0M
Common Stock Shares Outstanding	22.3M	21.9M	21.7M	21.3M	21.2M	23.1M
Short Term Investments	303.5M	355.9M	2.9M	2.0M	153.2M	130.8M
Liabilities And Stockholders Equity	508.2M	617.6M	651.8M	614.2M	615.7M	509.0M
Non Current Liabilities Total	4.6M	8.8M	5.5M	347.1M	173.4M	182.0M
Other Current Assets	134.8M	176.4M	139.5M	152.7M	164.4M	123.3M
Other Stockholder Equity	82.0M	73.9M	71.7M	66.9M	60.4M	61.2M
Total Liab	198.4M	8.8M	304.4M	361.0M	365.3M	207.6M
Long Term Investments	355.9M	395.4M	369.2M	323.2M	375.5M	323.6M
Property Plant And Equipment Gross	5.9M	7.0M	7.7M	9.9M	11.4M	7.0M
Total Current Assets	117.1M	165.0M	143.6M	466.9M	164.4M	204.1M
Accumulated Other Comprehensive Income	5.6M	12.8M	5.2M	(29.3M)	(21.4M)	(20.3M)
Intangible Assets	15.7M	8.8M	8.3M	7.9M	7.4M	8.1M
Property Plant Equipment	7.7M	9.9M	9.9M	9.8M	11.3M	7.9M
Retained Earnings Total Equity	218.5M	258.7M	267.2M	214.1M	246.2M	197.3M
Capital Surpluse	96.0M	97.9M	98.2M	95.7M	110.0M	79.2M
Inventory	(134.8M)	(176.4M)	(139.5M)	(66.6M)	(382.2M)	(363.1M)
Deferred Long Term Liab	711K	4.6M	8.8M	5.5M	6.3M	3.9M
Treasury Stock	(12.3M)	(24.0M)	(26.5M)	(28.8M)	(25.9M)	(24.6M)
Non Current Liabilities Other	182.7M	244.4M	280.8M	339.0M	389.8M	198.7M
Net Invested Capital	306.3M	344.3M	343.2M	251.0M	247.6M	230.6M

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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:

How To Invest In NODK

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Is NODK Stock a good investment?

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What is NI Holdings' Net Worth?

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Largest Property & Casualty Insurance Companies

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Largest Insurance - Property & Casualty Companies

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For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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.

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NODK Historical Balance Sheet

NI Holdings Inventory

(363.07 Million)

About NODK Balance Sheet Analysis

NI Holdings Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Capital Lease Obligations

NI Holdings balance sheet Correlations

NI Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NI Holdings balance sheet Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.98	Net Tangible Assets
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.92	Total Stockholder Equity
Retained Earnings	- 0.91	Net Debt
Net Debt	- 0.91	Net Tangible Assets
Long Term Investments	- 0.89	Net Debt