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 net asset quality score to measure how much of total assets are equity-financed.
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. Check NODK operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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 |
|
Wuhan Citms Technology Co Ltd
SHG:688038
|
-0.054x |
|
Banque Cantonale Du Jura SA
SW:BCJ
|
0.104x |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
N/A |
|
OVB Holding AG
XETRA:O4B
|
0.033x |
|
Sampo Corp
TW:1604
|
0.025x |
|
Blue Foundry Bancorp
NASDAQ:BLFY
|
-0.001x |
|
UD Electronic
TWO:3689
|
0.126x |
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 market cap of NI Holdings Inc.
| 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