NI Holdings (NODK) Goodwill (2016 - 2024)
NI Holdings (NODK) posted quarterly Goodwill of $2.6 million for Q3 2024, down 71.99% year-over-year from $9.4 million in Q4 2023, and little changed quarter-over-quarter from $2.6 million in Q2 2024.
NI Holdings (NODK) Goodwill (2016 - 2024) Analysis & Trends
NI Holdings (NODK) has reported Goodwill for 9 consecutive years, with $2.6 million the latest figure, recorded in 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 held at $2.6 million in Q3 2024 per NODK's latest filing, from $2.6 million in the prior quarter.
- Across five years, Goodwill topped out at $9.7 million in Q1 2020 and bottomed at $2.6 million in Q4 2023.
- Historically, Goodwill has averaged $8.0 million across 5 years, with a median of $9.4 million in 2020.
- Annual changes were most pronounced in 2020 — Goodwill surged 257.08% — and 2023, when it tumbled 71.99%.
- NI Holdings' Goodwill 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 sank by 71.99% to $2.6 million in 2023, then changed by 0.0% to $2.6 million in 2024.
- Business Quant data shows NODK's Goodwill at $2.6 million in Q3 2024, $2.6 million in Q2 2024, and $2.6 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn |
| 10 | NI Holdings | 322.78 Mn | -53.70 Mn | 21.82 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 |