NI Holdings (NODK) Short-term Investments (2017 - 2022)

NI Holdings (NODK) posted quarterly Short-term Investments of $10.5 million for Q3 2022, down 41.41% year-over-year from $18.0 million in Q3 2021, and down 39.37% quarter-over-quarter from $17.4 million in Q2 2022.

NI Holdings (NODK) Short-term Investments (2017 - 2022) Analysis & Trends

NI Holdings (NODK) has reported Short-term Investments for 6 consecutive years, with $10.5 million the latest figure, recorded in Q3 2022.

  • In Q3 2022, Short-term Investments fell 41.41% year-over-year to $10.5 million; the TTM figure through Sep 2022 stood at $10.5 million (down 41.41% YoY), while the FY2021 annual figure was $14.6 million, down 18.66% from the prior year.
  • Short-term Investments declined to $10.5 million in Q3 2022 per NODK's latest filing, from $17.4 million in the prior quarter.
  • Across five years, Short-term Investments topped out at $23.1 million in Q1 2021 and bottomed at $7.3 million in Q2 2018.
  • Historically, Short-term Investments has averaged $16.4 million across 5 years, with a median of $17.1 million in 2019.
  • Annual changes were most pronounced in 2019 — Short-term Investments soared 130.67% — and 2022, when it slumped 41.41%.
  • NI Holdings' Short-term Investments stood at $12.5 million in 2018, then soared by 57.77% to $19.7 million in 2019, then retreated by 8.8% to $17.9 million in 2020, then retreated by 18.66% to $14.6 million in 2021, then decreased by 27.78% to $10.5 million in 2022.
  • Business Quant data shows NODK's Short-term Investments at $10.5 million in Q3 2022, $17.4 million in Q2 2022, and $18.1 million in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Chubb 135.01 Bn 121.25 Bn 9.13 Bn
2 Progressive 124.60 Bn 119.60 Bn 9.04 Bn
3 Travelers Companies 79.46 Bn 55.71 Bn 4.83 Bn
4 Allstate 67.73 Bn 29.00 Bn 16.28 Bn
5 Fairfax Financial Holdings 35.48 Bn 35.48 Bn -
6 Cincinnati Financial 26.79 Bn 24.90 Bn 2.39 Bn
7 Loews 23.32 Bn 1.02 Bn 2.57 Bn
8 Markel 23.23 Bn 6.35 Bn 2.83 Bn
9 Assurant 14.12 Bn 12.09 Bn 2.71 Bn
10 NI Holdings 323.09 Mn -53.38 Mn 21.82 Mn

Historic Data

Download Data
DateValue
Sep 30, 2022 10.53 Mn
Jun 30, 2022 17.37 Mn
Mar 31, 2022 18.12 Mn
Dec 31, 2021 14.59 Mn
Sep 30, 2021 17.98 Mn
Jun 30, 2021 22.26 Mn
Mar 31, 2021 23.07 Mn
Dec 31, 2020 17.93 Mn
Sep 30, 2020 16.66 Mn
Jun 30, 2020 18.91 Mn
Mar 31, 2020 14.93 Mn
Dec 31, 2019 19.66 Mn
Sep 30, 2019 20.30 Mn
Jun 30, 2019 16.73 Mn
Mar 31, 2019 13.32 Mn
Dec 31, 2018 12.46 Mn
Sep 30, 2018 13.42 Mn
Jun 30, 2018 7.25 Mn
Dec 31, 2017 12.77 Mn