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
DateValue
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