NI Holdings (NODK) Asset Utilization Ratio (2018 - 2025)
NI Holdings (NODK) has disclosed Asset Utilization Ratio for 8 consecutive years, with 0.49 as the latest value for Q3 2025.
- On a quarterly basis, Asset Utilization Ratio fell 17.08% to 0.49 in Q3 2025 year-over-year; TTM through Sep 2025 was 0.49, a 17.08% decrease, with the full-year FY2024 number at 0.52, up 9.57% from a year prior.
- Asset Utilization Ratio was 0.49 for Q3 2025 at NI Holdings, down from 0.5 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.59 in Q3 2024 to a low of 0.35 in Q2 2022.
- A 5-year average of 0.47 and a median of 0.49 in 2022 define the central range for Asset Utilization Ratio.
- Peak YoY movement for Asset Utilization Ratio: dropped 26.06% in 2022, then skyrocketed 42.07% in 2024.
- NI Holdings' Asset Utilization Ratio stood at 0.48 in 2021, then dropped by 12.2% to 0.42 in 2022, then grew by 21.46% to 0.51 in 2023, then rose by 9.69% to 0.56 in 2024, then decreased by 13.25% to 0.49 in 2025.
- Per Business Quant, the three most recent readings for NODK's Asset Utilization Ratio are 0.49 (Q3 2025), 0.5 (Q2 2025), and 0.57 (Q1 2025).