NI Holdings (NODK) Goodwill (2016 - 2024)
NI Holdings (NODK) posted quarterly Goodwill of $2.6 million for Q3 2024, down 71.99% YoY from $9.4 million in Q4 2023, and little changed sequentially from $2.6 million in Q2 2024.
NI Holdings (NODK) Goodwill (2016 - 2024) Analysis & Trends
NI Holdings has disclosed Goodwill across 9 years of filings, most recently posting $2.6 million for Q3 2024.
- In Q3 2024, Goodwill fell 71.99% year-over-year to $2.6 million; the TTM figure through Sep 2024 stood at $2.6 million (down 71.99% YoY), while the FY2023 annual figure was $2.6 million, down 71.99% from the prior year.
- Goodwill was little changed at $2.6 million in Q3 2024, from $2.6 million in the prior quarter.
- Over the last five years, Goodwill for NODK reached as high as $9.7 million in Q1 2020 and fell as low as $2.6 million in Q4 2023.
- The 5-year median for Goodwill is $9.4 million (2020), against an average of $8.0 million.
- Annual changes were most pronounced in 2020 — Goodwill surged 257.08% — and 2023, when it sank 71.99%.
- A 5-year view of Goodwill shows it stood at $9.4 million in 2020, then changed by 0.0% to $9.4 million in 2021, then changed by 0.0% to $9.4 million in 2022, then slumped by 71.99% to $2.6 million in 2023, then changed by 0.0% to $2.6 million in 2024.
- According to Business Quant data, Goodwill over the past three periods registered $2.6 million, $2.6 million, and $2.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Markel | 7,105.55 Bn | 7,090.09 Bn | 2.38 Bn |
| 2 | Progressive | 131.92 Bn | 127.57 Bn | 8.36 Bn |
| 3 | Chubb | 78.78 Bn | 71.35 Bn | 8.64 Bn |
| 4 | Cincinnati Financial | 74.32 Bn | 73.06 Bn | 2.60 Bn |
| 5 | Travelers Companies | 72.03 Bn | 48.11 Bn | 5.54 Bn |
| 6 | Allstate | 63.08 Bn | 38.49 Bn | 14.72 Bn |
| 7 | Fairfax Financial Holdings | 34.53 Bn | 39.18 Bn | - |
| 8 | Loews | 23.53 Bn | 11.27 Bn | -1.32 Bn |
| 9 | Selective Insurance | 20.82 Bn | 19.07 Bn | 543.42 Mn |
| 10 | NI Holdings | 334.84 Mn | -40.07 Mn | 31.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 2.63 Mn |
| Jun 30, 2024 | 2.63 Mn |
| Mar 31, 2024 | 2.63 Mn |
| Dec 31, 2023 | 2.63 Mn |
| Sep 30, 2023 | 9.38 Mn |
| Jun 30, 2023 | 9.38 Mn |
| Mar 31, 2023 | 9.38 Mn |
| Dec 31, 2022 | 9.38 Mn |
| Sep 30, 2022 | 9.38 Mn |
| Jun 30, 2022 | 9.38 Mn |
| Mar 31, 2022 | 9.38 Mn |
| Dec 31, 2021 | 9.38 Mn |
| Sep 30, 2021 | 9.38 Mn |
| Jun 30, 2021 | 9.38 Mn |
| Mar 31, 2021 | 9.38 Mn |
| Dec 31, 2020 | 9.38 Mn |
| Sep 30, 2020 | 9.38 Mn |
| Jun 30, 2020 | 9.16 Mn |
| Mar 31, 2020 | 9.67 Mn |
| Dec 31, 2019 | 2.63 Mn |