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| Date | Value |
|---|---|
| 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 |