NI Holdings (NODK) Interest Coverage Ratio (2017 - 2026)
NI Holdings (NODK) posted quarterly Interest Coverage Ratio of 0.44 for Q1 2026, up 96.99% year-over-year from 0.22 in Q1 2025, and up 99.9% quarter-over-quarter from 455.54 in Q4 2025.
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Analysis
NI Holdings (NODK) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
NI Holdings (NODK) has reported Interest Coverage Ratio for 11 consecutive years, with 0.44 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 96.99% year-over-year to 0.44; the TTM figure through Mar 2026 stood at 11.32 (up 88.45% YoY), while the FY2025 annual figure was 14.03, down 74.05% from the prior year.
- Interest Coverage Ratio advanced to 0.44 in Q1 2026 per NODK's latest filing, from 455.54 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 0.44 in Q1 2026 and bottomed at 455.54 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 82.54 across 5 years, with a median of 52.14 in 2023.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 627.88% — and 2026, when it surged 96.99%.
- NI Holdings' Interest Coverage Ratio stood at 97.11 in 2022, then surged by 54.55% to 44.14 in 2023, then plunged by 331.03% to 190.25 in 2024, then sank by 139.44% to 455.54 in 2025, then soared by 99.9% to 0.44 in 2026.
- Business Quant data shows NODK's Interest Coverage Ratio at 0.44 in Q1 2026, 455.54 in Q4 2025, and 3.29 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 135.06 Bn | 121.30 Bn | 9.13 Bn | 26.67 |
| 2 | Progressive | 130.73 Bn | 125.73 Bn | 9.04 Bn | -19.05 |
| 3 | Travelers Companies | 79.08 Bn | 55.33 Bn | 6.23 Bn | 17.54 |
| 4 | Allstate | 67.97 Bn | 29.24 Bn | 16.28 Bn | 10.51 |
| 5 | Fairfax Financial Holdings | 35.99 Bn | 35.99 Bn | - | 4.78 |
| 6 | Cincinnati Financial | 26.95 Bn | 25.06 Bn | 2.39 Bn | 17.72 |
| 7 | Markel | 23.13 Bn | 6.24 Bn | 2.83 Bn | 29.78 |
| 8 | Loews | 22.70 Bn | 400.53 Mn | 2.57 Bn | 7.39 |
| 9 | Assurant | 14.24 Bn | 12.21 Bn | 2.71 Bn | 5.01 |
| 10 | NI Holdings | 320.07 Mn | -56.40 Mn | 21.82 Mn | -160.09 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -160.09 |
| Mar 31, 2026 | -25.66 |
| Dec 31, 2025 | -126.81 |
| Sep 30, 2025 | -181.99 |
| Jun 30, 2025 | -261.76 |
| Mar 31, 2025 | -132.66 |
| Dec 31, 2024 | -56.45 |
| Sep 30, 2024 | -195.87 |
| Jun 30, 2024 | -225.37 |
| Mar 31, 2024 | -139.78 |
| Dec 31, 2023 | -29.60 |
| Sep 30, 2023 | -122.97 |
| Dec 31, 2022 | -13.76 |
| Mar 31, 2018 | -11.25 |
| Dec 31, 2017 | -1.02 |