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
NI Holdings Inc (NODK) - Total Assets
Latest total assets as of September 2025: $543.82 Million USD
Based on the latest financial reports, NI Holdings Inc (NODK) holds total assets worth $543.82 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
NI Holdings Inc - Total Assets Trend (2014–2024)
This chart illustrates how NI Holdings Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
NI Holdings Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
NI Holdings Inc's total assets of $543.82 Million consist of 0.6% current assets and 99.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.7% |
| Accounts Receivable | $86.45 Million | 16.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $100.00K | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how NI Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NI Holdings Inc's current assets represent 0.6% of total assets in 2024, a decrease from 91.4% in 2014.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 8.8% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 2014.
- Asset Diversification: The largest asset category is accounts receivable at 16.4% of total assets.
NI Holdings Inc Competitors by Total Assets
Key competitors of NI Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
NI Holdings Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - NI Holdings Inc generates 0.62x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - NI Holdings Inc is currently not profitable relative to its asset base.
NI Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 8.51 | 11.13 | 105.46 |
| Quick Ratio | 8.51 | 58.02 | 105.46 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $88.89 Million | $ 113.24 Million | $ 163.48 Million |
NI Holdings Inc - Advanced Valuation Insights
This section examines the relationship between NI Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.14 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | -14.5% |
| Total Assets | $526.54 Million |
| Market Capitalization | $66.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values NI Holdings Inc's assets below their book value (0.13 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NI Holdings Inc's assets decreased by 14.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NI Holdings Inc (2014–2024)
The table below shows the annual total assets of NI Holdings Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $526.54 Million | -14.48% |
| 2023-12-31 | $615.68 Million | +0.24% |
| 2022-12-31 | $614.23 Million | -5.76% |
| 2021-12-31 | $651.78 Million | +5.53% |
| 2020-12-31 | $617.60 Million | +21.54% |
| 2019-12-31 | $508.16 Million | +10.83% |
| 2018-12-31 | $458.49 Million | +21.62% |
| 2017-12-31 | $376.99 Million | +35.27% |
| 2016-12-31 | $278.70 Million | +7.76% |
| 2015-12-31 | $258.62 Million | +4.62% |
| 2014-12-31 | $247.22 Million | -- |