NI Holdings (NODK) Debt Ratio (2017 - 2023)

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.