NI Holdings (NODK) Minority Interest (2017 - 2023)
NI Holdings (NODK) posted quarterly Minority Interest of $2.8 million for Q4 2023, up 23.68% year-over-year from $2.2 million in Q4 2022, and up 68.07% quarter-over-quarter from $1.6 million in Q3 2023.
NI Holdings (NODK) Minority Interest (2017 - 2023) Analysis & Trends
NI Holdings (NODK) has reported Minority Interest for 7 consecutive years, with $2.8 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Minority Interest rose 23.68% year-over-year to $2.8 million; the TTM figure through Dec 2023 stood at $2.8 million (up 23.68% YoY), while the FY2023 annual figure was $2.8 million, up 23.68% from the prior year.
- Minority Interest advanced to $2.8 million in Q4 2023 per NODK's latest filing, from $1.6 million in the prior quarter.
- Across five years, Minority Interest topped out at $4.5 million in Q4 2020 and bottomed at $1.6 million in Q3 2023.
- Historically, Minority Interest has averaged $3.3 million across 5 years, with a median of $3.5 million in 2019.
- Annual changes were most pronounced in 2020 — Minority Interest climbed 29.89% — and 2022, when it slumped 51.78%.
- NI Holdings' Minority Interest stood at $3.5 million in 2019, then gained by 29.89% to $4.5 million in 2020, then fell by 7.39% to $4.2 million in 2021, then slumped by 47.02% to $2.2 million in 2022, then grew by 23.68% to $2.8 million in 2023.
- Business Quant data shows NODK's Minority Interest at $2.8 million in Q4 2023, $1.6 million in Q3 2023, and $1.9 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.90 Bn | 121.13 Bn | 9.13 Bn |
| 2 | Progressive | 124.06 Bn | 119.06 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.33 Bn | 55.58 Bn | 4.83 Bn |
| 4 | Allstate | 67.38 Bn | 28.65 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn |
| 7 | Loews | 23.32 Bn | 1.02 Bn | 2.57 Bn |
| 8 | Markel | 23.18 Bn | 6.30 Bn | 2.83 Bn |
| 9 | Assurant | 14.03 Bn | 11.99 Bn | 2.71 Bn |
| 10 | NI Holdings | 322.99 Mn | -53.49 Mn | 21.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.76 Mn |
| Sep 30, 2023 | 1.64 Mn |
| Jun 30, 2023 | 1.93 Mn |
| Mar 31, 2023 | 2.16 Mn |
| Dec 31, 2022 | 2.23 Mn |
| Sep 30, 2022 | 2.06 Mn |
| Jun 30, 2022 | 2.57 Mn |
| Mar 31, 2022 | 3.80 Mn |
| Dec 31, 2021 | 4.21 Mn |
| Sep 30, 2021 | 4.27 Mn |
| Jun 30, 2021 | 4.44 Mn |
| Mar 31, 2021 | 4.43 Mn |
| Dec 31, 2020 | 4.55 Mn |
| Sep 30, 2020 | 3.68 Mn |
| Jun 30, 2020 | 3.64 Mn |
| Mar 31, 2020 | 3.46 Mn |
| Dec 31, 2019 | 3.50 Mn |
| Sep 30, 2019 | 3.48 Mn |
| Jun 30, 2019 | 3.43 Mn |
| Mar 31, 2019 | 3.34 Mn |