NI Holdings Inc (NODK) — Cash Flow-to-Debt Ratio
NI Holdings Inc (NODK) has a Cash Flow-to-Debt Ratio of -0.15x as of September 2025, meaning its operating cash flow of $-44.80 Million could theoretically repay 0% of its total liabilities ($300.01 Million) in one year. See financial flexibility index of NI Holdings Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
NI Holdings Inc Cash Flow-to-Debt Ratio (2014–2024)
Historical debt coverage capacity for NI Holdings Inc across 11 annual periods. For the full cash flow conversion analysis, see NI Holdings Inc operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for NI Holdings Inc (2014–2024)
Year-by-year debt coverage analysis for NI Holdings Inc. Check how high is NI Holdings Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.14x | $38.51 Million | $281.91 Million | ▲ +92.1% |
| 2023 | 0.07x | $25.97 Million | $365.28 Million | ▲ +184.5% |
| 2022 | -0.08x | $-30.39 Million | $361.02 Million | ▼ -187.8% |
| 2021 | 0.10x | $29.17 Million | $304.37 Million | ▼ -49.5% |
| 2020 | 0.19x | $51.01 Million | $268.73 Million | ▲ +46.7% |
| 2019 | 0.13x | $25.66 Million | $198.36 Million | ▲ +12.8% |
| 2018 | 0.11x | $20.95 Million | $182.74 Million | ▼ -24.4% |
| 2017 | 0.15x | $18.43 Million | $121.42 Million | ▲ +160.2% |
| 2016 | 0.06x | $7.31 Million | $125.28 Million | ▼ -63.1% |
| 2015 | 0.16x | $17.18 Million | $108.71 Million | ▲ +69.3% |
| 2014 | 0.09x | $10.41 Million | $111.52 Million | — |