NI Holdings Inc (NODK) — Defensive Interval Ratio

Latest as of September 2025: 6548 days

NI Holdings Inc (NODK) has a Defensive Interval Ratio of 6548 days as of September 2025. Defensive assets of $212.25 Million (cash $-, short-term investments $136.18 Million, receivables $76.07 Million) cover 6548 days of daily cash needs of $32.42K/day. Check NODK intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

6548 days
Days of operational coverage

Defensive Assets

$212.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

$32.42K
Current Liabilities ÷ 365

Current Liabilities

$11.83 Million
USD

NI Holdings Inc Defensive Interval Ratio (2014–2024)

This chart shows how NI Holdings Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 6548 days, meaning defensive assets of $212.25 Million can fund 6548 days of operations without new revenue. Also explore NODK year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NI Holdings Inc (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for NI Holdings Inc from 2014 to 2024, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see NODK market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 11652 days $227.49 Million $19.52K/day $- $141.04 Million ▲ +10952 days
2023 700 days $368.01 Million $525.81K/day $- $289.40 Million ▼ -978 days
2022 1678 days $64.18 Million $38.26K/day $- $2.00 Million ▼ -488348 days
2021 490026 days $437.67 Million $893.15/day $- $364.65 Million ▲ +400378 days
2020 89648 days $384.38 Million $4.29K/day $- $320.41 Million ▼ -663778 days
2019 753427 days $350.91 Million $465.75/day $- $295.94 Million ▲ +278987 days
2018 474440 days $356.15 Million $750.68/day $- $303.47 Million ▲ +197637 days
2017 276803 days $324.58 Million $1.17K/day $- $284.32 Million ▼ -1934339 days
2016 2211142 days $236.26 Million $106.85/day $- $187.39 Million ▲ +2060642 days
2015 150500 days $221.42 Million $1.47K/day $- $181.23 Million ▼ -330114 days
2014 480613 days $204.10 Million $424.66/day $- $162.41 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)