NI Holdings Financials

NODK Stock  USD 16.17  0.53  3.17%   
Based on the key indicators related to NI Holdings' liquidity, profitability, solvency, and operating efficiency, NI Holdings is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in December. 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. Key indicators impacting NI Holdings' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00160.0018
Fairly Down
Slightly volatile
Current Ratio0.810.8567
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for NI Holdings includes many different criteria found on its balance sheet. An individual investor should monitor NI Holdings' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in NI Holdings.

Net Income

(5.2 Million)

  
Understanding current and past NI Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NI Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in NI Holdings' assets may result in an increase in income on the income statement.

NI Holdings Stock Summary

NI Holdings competes with Horace Mann, Donegal Group, Global Indemnity, Selective Insurance, and Selective Insurance. NI Holdings, Inc. underwrites property and casualty insurance products in the United States. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc. Ni Holdings operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. It employs 204 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS65342T1060
CUSIP65342T106
LocationNorth Dakota; U.S.A
Business Address1101 First Avenue
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.niholdingsinc.com
Phone701 298 4200
CurrencyUSD - US Dollar

NI Holdings Key Financial Ratios

NI Holdings Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets508.2M617.6M651.8M614.2M615.7M509.0M
Other Current Liab(170K)(754K)(749K)(14.0M)191.3M200.9M
Other Liab711K4.6M133.8M23.5M21.1M38.2M
Net Tangible Assets303.4M326.1M325.5M233.7M268.8M260.0M
Net Debt(62.1M)(101.1M)(70.6M)(45.2M)(54.6M)(57.4M)
Retained Earnings218.5M258.7M267.2M214.1M208.4M208.6M
Accounts Payable170K15.6M326K22.1M25.4M15.4M
Cash62.1M101.1M70.6M47.0M56.7M53.8M
Other Assets24.6M34.1M38.2M111.2M(146.9M)(154.3M)
Net Receivables55.0M64.0M73.0M130.8M144.5M76.0M
Other Current Assets134.8M176.4M139.5M152.7M164.4M123.3M
Total Liab198.4M8.8M304.4M361.0M365.3M207.6M
Total Current Assets117.1M165.0M143.6M466.9M164.4M204.1M
Intangible Assets15.7M8.8M8.3M7.9M7.4M8.1M
Capital Surpluse96.0M97.9M98.2M95.7M110.0M79.2M
Inventory(134.8M)(176.4M)(139.5M)(66.6M)(382.2M)(363.1M)
Treasury Stock(12.3M)(24.0M)(26.5M)(28.8M)(25.9M)(24.6M)
Net Invested Capital306.3M344.3M343.2M251.0M247.6M230.6M

NI Holdings Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue270.8M306.4M324.0M324.4M365.7M268.5M
Gross Profit270.8M306.4M324.0M324.4M365.7M268.5M
Operating Income33.7M51.9M11.4M18.8M(250K)(237.5K)
Ebit33.7M51.9M11.4M18.8M(250K)(237.5K)
Ebitda36.0M57.8M12.6M20M1.0M979.5K
Income Before Tax33.8M52.8M11.3M(69.0M)(4.3M)(4.0M)
Net Income26.4M40.4M8.4M(53.8M)(5.5M)(5.2M)
Income Tax Expense7.3M11.5M3.0M(15.3M)963K914.9K
Minority Interest3.5M955K(84K)(679K)(250K)(237.5K)
Tax Provision7.3M11.5M3.0M(15.3M)963K914.9K

NI Holdings Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory1.3M(189K)12.3M30.0M34.5M36.2M
Investments(29.2M)1.7M(55.5M)(661K)(8.8M)(9.3M)
Change In Cash(6.8M)38.9M(30.5M)(23.6M)9.7M10.2M
Free Cash Flow24.4M50.5M28.5M(31.6M)25.0M18.3M
Depreciation2.2M5.9M1.2M1.2M1.3M2.0M
Other Non Cash Items(15.7M)(20.4M)(13.9M)10.1M1.5M1.5M
Capital Expenditures1.3M543K696K1.2M974K1.0M
Net Income26.5M41.3M8.3M(53.8M)(5.5M)(5.2M)
End Period Cash Flow62.1M101.1M70.6M47.0M56.7M53.8M
Change To Netincome(9.1M)(5.1M)(13.4M)9.8M11.2M11.8M
Change Receivables(656K)7.6M11.2M(31.1M)(28.0M)(26.6M)

NODK Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NI Holdings's current stock value. Our valuation model uses many indicators to compare NI Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NI Holdings competition to find correlations between indicators driving NI Holdings's intrinsic value. More Info.
NI Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, NI Holdings' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NI Holdings by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

NI Holdings Systematic Risk

NI Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NI Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on NI Holdings correlated with the market. If Beta is less than 0 NI Holdings generally moves in the opposite direction as compared to the market. If NI Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NI Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NI Holdings is generally in the same direction as the market. If Beta > 1 NI Holdings moves generally in the same direction as, but more than the movement of the benchmark.

NI Holdings Thematic Clasifications

NI Holdings is part of Insurance Providers investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. All types of insurance and insurance brokerages. Companies providing all types of insurance and insurance services
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This theme covers All types of insurance and insurance brokerages. Companies providing all types of insurance and insurance services. Get More Thematic Ideas
Today, most investors in NI Holdings Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NI Holdings' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of NI Holdings growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.59

At this time, NI Holdings' Price Earnings To Growth Ratio is quite stable compared to the past year.

NI Holdings November 26, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of NI Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NI Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of NI Holdings based on widely used predictive technical indicators. In general, we focus on analyzing NODK Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NI Holdings's daily price indicators and compare them against related drivers.
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 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.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.