NI Holdings Inc (NODK) — Net Asset Quality Index
NI Holdings Inc (NODK) has a Net Asset Quality Index of 44.8% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $543.82 Million minus total liabilities of $300.01 Million yields net assets of $243.80 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read total liabilities of NI Holdings Inc for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
NI Holdings Inc Net Asset Quality Index Over Time (2014–2024)
This chart shows how NI Holdings Inc's Net Asset Quality Index has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the index stands at 44.8%, representing net assets of $243.80 Million against total assets of $543.82 Million USD. For live market cap and overall valuation, see NI Holdings Inc stock valuation.
Annual Net Asset Quality Index for NI Holdings Inc (2014–2024)
The table below presents the year-by-year Net Asset Quality Index for NI Holdings Inc from 2014 to 2024, covering 11 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check strategic asset allocation of NI Holdings Inc to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 46.5% | $244.63 Million | $526.54 Million | $281.91 Million | ▲ +5.8 pp |
| 2023 | 40.7% | $250.40 Million | $615.68 Million | $365.28 Million | ▼ -0.6 pp |
| 2022 | 41.2% | $253.21 Million | $614.23 Million | $361.02 Million | ▼ -12.1 pp |
| 2021 | 53.3% | $347.41 Million | $651.78 Million | $304.37 Million | ▼ -3.2 pp |
| 2020 | 56.5% | $348.87 Million | $617.60 Million | $268.73 Million | ▼ -4.5 pp |
| 2019 | 61.0% | $309.80 Million | $508.16 Million | $198.36 Million | ▲ +0.8 pp |
| 2018 | 60.1% | $275.75 Million | $458.49 Million | $182.74 Million | ▼ -7.6 pp |
| 2017 | 67.8% | $255.57 Million | $376.99 Million | $121.42 Million | ▲ +12.7 pp |
| 2016 | 55.0% | $153.42 Million | $278.70 Million | $125.28 Million | ▼ -2.9 pp |
| 2015 | 58.0% | $149.92 Million | $258.62 Million | $108.71 Million | ▲ +3.1 pp |
| 2014 | 54.9% | $135.69 Million | $247.22 Million | $111.52 Million | — |