NI Holdings (NODK) Debt Ratio (2017 - 2023)
NI Holdings (NODK) posted quarterly Debt Ratio of 0.0 for Q4 2023, down 6.21% year-over-year from 0.0 in Q4 2022, and little changed quarter-over-quarter from 0.0 in Q3 2023.
NI Holdings (NODK) Debt Ratio (2017 - 2023) Analysis & Trends
NI Holdings (NODK) has reported Debt Ratio for 7 consecutive years, with 0.0 the latest figure, recorded in Q4 2023.
- In Q4 2023, Debt Ratio fell 6.21% year-over-year to 0.0; the TTM figure through Dec 2023 stood at 0.0 (down 6.21% YoY), while the FY2023 annual figure was 0.0, down 6.21% from the prior year.
- Debt Ratio steadied at 0.0 in Q4 2023 per NODK's latest filing, from 0.0 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.01 in Q1 2019 and bottomed at 0.0 in Q2 2021.
- Historically, Debt Ratio has averaged 0.01 across 5 years, with a median of 0.0 in 2021.
- Annual changes were most pronounced in 2019 — Debt Ratio decreased 17.98% — and 2023, when it fell 6.21%.
- NI Holdings' Debt Ratio stood at 0.01 in 2019, then fell by 17.72% to 0.0 in 2020, then decreased by 11.33% to 0.0 in 2021, then rose by 13.39% to 0.0 in 2022, then decreased by 6.21% to 0.0 in 2023.
- Business Quant data shows NODK's Debt Ratio at 0.0 in Q4 2023, 0.0 in Q3 2023, and 0.0 in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.01 Bn | 121.25 Bn | 9.13 Bn | 0.06 |
| 2 | Progressive | 124.60 Bn | 119.60 Bn | 9.04 Bn | - |
| 3 | Travelers Companies | 79.46 Bn | 55.71 Bn | 4.83 Bn | - |
| 4 | Allstate | 67.73 Bn | 29.00 Bn | 16.28 Bn | 0.06 |
| 5 | Fairfax Financial Holdings | 35.48 Bn | 35.48 Bn | - | - |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn | 0.02 |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn | 0.10 |
| 8 | Markel | 23.23 Bn | 6.35 Bn | 2.83 Bn | 0.06 |
| 9 | Assurant | 14.12 Bn | 12.09 Bn | 2.71 Bn | 0.06 |
| 10 | NI Holdings | 323.09 Mn | -53.38 Mn | 21.82 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | 0.00 |
| Jun 30, 2020 | 0.00 |
| Mar 31, 2020 | 0.01 |
| Dec 31, 2019 | 0.01 |
| Sep 30, 2019 | 0.01 |
| Jun 30, 2019 | 0.01 |
| Mar 31, 2019 | 0.01 |
| Dec 31, 2018 | 0.01 |
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | 0.01 |
| Dec 31, 2017 | 0.01 |