NI Holdings (NODK) Amortization - Intangibles (2016 - 2023)

NI Holdings (NODK) posted quarterly Amortization - Intangibles of $20.6 million for Q2 2023, up 26.69% YoY from $16.2 million in Q2 2022, and up 10.71% sequentially from $18.6 million in Q1 2023.

NI Holdings (NODK) Amortization - Intangibles (2016 - 2023) Analysis & Trends

NI Holdings has disclosed Amortization - Intangibles across 8 years of filings, most recently posting $20.6 million for Q2 2023.

  • In Q2 2023, Amortization - Intangibles rose 26.69% year-over-year to $20.6 million; the TTM figure through Jun 2023 stood at $74.1 million (up 17.68% YoY), while the FY2022 annual figure was $66.8 million, up 3.45% from the prior year.
  • Amortization - Intangibles improved to $20.6 million in Q2 2023, from $18.6 million in the prior quarter.
  • Over the last five years, Amortization - Intangibles for NODK reached as high as $20.6 million in Q2 2023 and fell as low as $9.2 million in Q1 2019.
  • The 5-year median for Amortization - Intangibles is $15.3 million (2020), against an average of $14.9 million.
  • Annual changes were most pronounced in 2019 — Amortization - Intangibles surged 87.41% — and 2022, when it declined 18.31%.
  • A 5-year view of Amortization - Intangibles shows it stood at $9.5 million in 2019, then rose by 28.29% to $12.2 million in 2020, then jumped by 49.27% to $18.2 million in 2021, then declined by 4.7% to $17.3 million in 2022, then grew by 18.63% to $20.6 million in 2023.
  • According to Business Quant data, Amortization - Intangibles over the past three periods registered $20.6 million, $18.6 million, and $17.3 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Markel 7,105.55 Bn 7,090.09 Bn 2.38 Bn
2 Progressive 131.92 Bn 127.57 Bn 8.36 Bn
3 Chubb 78.78 Bn 71.35 Bn 8.64 Bn
4 Cincinnati Financial 74.32 Bn 73.06 Bn 2.60 Bn
5 Travelers Companies 72.03 Bn 48.11 Bn 5.54 Bn
6 Allstate 63.08 Bn 38.49 Bn 14.72 Bn
7 Fairfax Financial Holdings 34.53 Bn 39.18 Bn -
8 Loews 23.53 Bn 11.27 Bn -1.32 Bn
9 Selective Insurance 20.82 Bn 19.07 Bn 543.42 Mn
10 NI Holdings 334.84 Mn -40.07 Mn 31.76 Mn

Historic Data

Download Data
DateValue
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
Sep 30, 2018 10.95 Mn