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
DateValue
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