NI Holdings (NODK) Asset Utilization Ratio (2018 - 2026)

NI Holdings has disclosed Asset Utilization Ratio across 9 years of filings, most recently posting 0.52 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 13.07% year-over-year to 0.52; the TTM figure through Mar 2026 stood at 0.52 (down 13.07% YoY), while the FY2025 annual figure was 0.55, changed 0.29% from the prior year.
• Asset Utilization Ratio retreated to 0.52 in Q1 2026, from 0.53 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for NODK reached as high as 0.87 in Q1 2022 and fell as low as 0.4 in Q3 2023.
• The 5-year median for Asset Utilization Ratio is 0.52 (2026), against an average of 0.56.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 233.51% — and 2023, when it plunged 52.4%.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.41 in 2022, then gained by 13.07% to 0.47 in 2023, then rose by 23.68% to 0.58 in 2024, then slipped by 8.85% to 0.53 in 2025, then retreated by 1.01% to 0.52 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.52, 0.53, and 0.5 for Q1 2026, Q4 2025, and Q3 2025 respectively.