NI Holdings (NODK) Amortization - Intangibles (2017 - 2023)
NI Holdings (NODK) posted quarterly Amortization - Intangibles of $1.9 million for Q4 2023, down 88.83% year-over-year from $17.3 million in Q4 2022, and down 90.59% quarter-over-quarter from $20.6 million in Q2 2023.
NI Holdings (NODK) Amortization - Intangibles (2017 - 2023) Analysis & Trends
NI Holdings (NODK) has reported Amortization - Intangibles for 7 consecutive years, with $1.9 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Amortization - Intangibles fell 88.83% year-over-year to $1.9 million; the TTM figure through Dec 2023 stood at $1.9 million (down 97.1% YoY), while the FY2023 annual figure was $1.9 million, down 97.1% from the prior year.
- Amortization - Intangibles retreated to $1.9 million in Q4 2023 per NODK's latest filing, from $20.6 million in the prior quarter.
- Across five years, Amortization - Intangibles topped out at $20.6 million in Q2 2023 and bottomed at $1.9 million in Q4 2023.
- Historically, Amortization - Intangibles has averaged $14.2 million across 5 years, with a median of $15.1 million in 2020.
- Annual changes were most pronounced in 2019 — Amortization - Intangibles surged 87.41% — and 2023, when it plunged 88.83%.
- NI Holdings' Amortization - Intangibles stood at $9.5 million in 2019, then gained by 28.29% to $12.2 million in 2020, then surged by 49.27% to $18.2 million in 2021, then fell by 4.7% to $17.3 million in 2022, then slumped by 88.83% to $1.9 million in 2023.
- Business Quant data shows NODK's Amortization - Intangibles at $1.9 million in Q4 2023, $20.6 million in Q2 2023, and $18.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.24 Bn | 9.13 Bn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn |
| 4 | Allstate | 68.25 Bn | 29.52 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.31 Bn | 35.31 Bn | - |
| 6 | Cincinnati Financial | 26.75 Bn | 24.86 Bn | 2.39 Bn |
| 7 | Loews | 23.29 Bn | 995.49 Mn | 2.57 Bn |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn |
| 9 | Assurant | 14.11 Bn | 12.08 Bn | 2.71 Bn |
| 10 | NI Holdings | 322.16 Mn | -54.32 Mn | 21.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.94 Mn |
| Jun 30, 2023 | 20.58 Mn |
| Mar 31, 2023 | 18.59 Mn |
| Dec 31, 2022 | 17.35 Mn |
| Sep 30, 2022 | 17.59 Mn |
| Jun 30, 2022 | 16.24 Mn |
| Mar 31, 2022 | 15.62 Mn |
| Dec 31, 2021 | 18.20 Mn |
| Sep 30, 2021 | 12.90 Mn |
| Jun 30, 2021 | 19.89 Mn |
| Mar 31, 2021 | 13.59 Mn |
| Dec 31, 2020 | 12.20 Mn |
| Sep 30, 2020 | 15.06 Mn |
| Jun 30, 2020 | 14.83 Mn |
| Mar 31, 2020 | 9.39 Mn |
| Dec 31, 2019 | 9.51 Mn |
| Sep 30, 2019 | 11.31 Mn |
| Jun 30, 2019 | 16.15 Mn |
| Mar 31, 2019 | 9.22 Mn |
| Dec 31, 2018 | 5.25 Mn |