NI Holdings Inc (NODK) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NI Holdings Inc (NODK) has a cash flow conversion efficiency ratio of -0.184x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-44.80 Million) by net assets ($243.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NODK cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
NI Holdings Inc - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how NI Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
NI Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NI Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
First Community Corporation
NASDAQ:FCCO
|
0.057x |
|
Goodrx Holdings Inc
NASDAQ:GDRX
|
0.127x |
|
Xinjiang Zhundong Petroleum
SHE:002207
|
-2.659x |
|
Cerro de Pasco Resources Inc.
V:CDPR
|
N/A |
|
Anhui Fengxing Wear Resistant Materials Co Ltd
SHE:002760
|
0.032x |
|
K&F Growth Acquisition Corp. II Unit
NASDAQ:KFIIU
|
0.000x |
|
OVB Holding AG
XETRA:O4B
|
0.033x |
|
Taisun Enterprise Co Ltd
TW:1218
|
-0.005x |
Annual Cash Flow Conversion Efficiency for NI Holdings Inc (2014–2024)
The table below shows the annual cash flow conversion efficiency of NI Holdings Inc from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see NI Holdings Inc market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $244.63 Million | $38.51 Million | 0.157x | +51.77% |
| 2023-12-31 | $250.40 Million | $25.97 Million | 0.104x | +186.42% |
| 2022-12-31 | $253.21 Million | $-30.39 Million | -0.120x | -242.94% |
| 2021-12-31 | $347.41 Million | $29.17 Million | 0.084x | -42.58% |
| 2020-12-31 | $348.87 Million | $51.01 Million | 0.146x | +76.50% |
| 2019-12-31 | $309.80 Million | $25.66 Million | 0.083x | +9.02% |
| 2018-12-31 | $275.75 Million | $20.95 Million | 0.076x | +5.41% |
| 2017-12-31 | $255.57 Million | $18.43 Million | 0.072x | +51.37% |
| 2016-12-31 | $153.42 Million | $7.31 Million | 0.048x | -58.43% |
| 2015-12-31 | $149.92 Million | $17.18 Million | 0.115x | +49.35% |
| 2014-12-31 | $135.69 Million | $10.41 Million | 0.077x | -- |
About NI Holdings Inc
NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies. The company was founded in 1946 and is headquartered in Fargo, N… Read more