NI Holdings (NODK) Minority Interest (2017 - 2023)
NI Holdings (NODK) posted quarterly Minority Interest of $2.8 million for Q4 2023, up 23.68% YoY from $2.2 million in Q4 2022, and up 68.07% sequentially from $1.6 million in Q3 2023.
NI Holdings (NODK) Minority Interest (2017 - 2023) Analysis & Trends
NI Holdings has disclosed Minority Interest across 7 years of filings, most recently posting $2.8 million for 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 grew to $2.8 million in Q4 2023, from $1.6 million in the prior quarter.
- Over the last five years, Minority Interest for NODK reached as high as $4.5 million in Q4 2020 and fell as low as $1.6 million in Q3 2023.
- The 5-year median for Minority Interest is $3.5 million (2019), against an average of $3.3 million.
- Annual changes were most pronounced in 2020 — Minority Interest climbed 29.89% — and 2022, when it plunged 51.78%.
- A 5-year view of Minority Interest shows it stood at $3.5 million in 2019, then rose by 29.89% to $4.5 million in 2020, then declined by 7.39% to $4.2 million in 2021, then tumbled by 47.02% to $2.2 million in 2022, then climbed by 23.68% to $2.8 million in 2023.
- According to Business Quant data, Minority Interest over the past three periods registered $2.8 million, $1.6 million, and $1.9 million for Q4 2023, Q3 2023, and Q2 2023 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 |
|---|---|
| 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 |