NODK - NASDAQ

NI Holdings, Inc.

NODK·NASDAQ

$14.36

-0.86%

Financial ServicesInsurance - Property & Casualty

NI Holdings, Inc. underwrites property and casualty insurance products in the United States. The company's products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. is a subsidiary of Nodak Mutual Group, Inc.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$294.11M

EPS-0.5000

P/E Ratio-28.72

Earnings Date08/07/2026

240.72M

Assets

-54%

3Y-61.0%

5Y-61.0%

10Y-14.0%

385.00K

Total Liabilities

-100%

3Y-100.0%

5Y-100.0%

10Y-100.0%

240.72M

Total Equity

-2%

3Y-5.0%

5Y-31.0%

10Y+57.0%

NI Holdings, Inc. Funding & Solvency Profile

NODK · NASDAQ

Current Assets

Cash & Cash Equivalents51.72M

Net Receivables41.58M

Inventory0.00

Other Current Assets-223.53M

Total Current Assets678 K

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets19.21M

Long-Term Investments196.05M

Other Non-Current Assets24.79M

Total Non-Current Assets221 M

Total Assets

240.72M

Financial Health Analysis

Current Ratio

0.00x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.00x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-244553000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

NI Holdings, Inc. Balance Sheet

NODK • NASDAQ

NI Holdings, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	51.7M	50.9M	41M	47M	70.6M	101.1M	62.1M	69M	27.6M	18.3M	14.5M	21.7M
Short-Term Investments	130.9M	141M	289.4M	128M	364.7M	320.4M	355.9M	303.5M	284.3M	187.4M	181.2M	162.4M
Cash & Short-Term Investments	182.6M	192M	330.4M	175M	435.3M	421.5M	62.1M	69M	27.6M	18.3M	14.5M	21.7M
Net Receivables	41.6M	86.5M	78.6M	62.2M	73M	64M	55M	0.0	0.0	0.0	40.2M	41.7M
Accounts Receivables	41.6M	79.4M	78.6M	62.2M	72.7M	64M	55M	52.7M	40.3M	45.9M	39.3M	41.7M
Other Receivables	0.0	7M	0.0	0.0	364K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	0.0	-382.2M	-66.6M	0.0	0.0	-134.8M	169.7M	206.1M	114.9M	124.3M	0.0
Other Current Assets	-223.5M	2.6M	-26.9M	296.3M	2.5M	-485.5M	490.7M	0.0	0.0	0.0	0.0	0.0
Total Current Assets	678K	281.1M	0.0	466.9M	510.8M	0.0	473M	425.1M	352.2M	254.6M	235.9M	225.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	0.0	7.5M	9.9M	9.8M	9.9M	9.9M	7.7M	7M	5.9M	4.8M	4.7M	4.7M
Goodwill	0.0	0.0	2.6M	9.4M	9.4M	9.4M	2.6M	-12.9M	2.6M	2.6M	2.6M	2.6M
Intangible Assets	19.2M	100K	7.4M	7.9M	8.3M	8.8M	284K	17.5M	0.0	8.9M	8.4M	7.2M
Goodwill & Intangible Assets	19.2M	100K	10M	17.3M	17.7M	18.2M	2.9M	4.6M	2.6M	11.6M	11.1M	9.9M
Long-Term Investments	196M	193.1M	2M	229.7M	79.7M	390.4M	355.9M	303.5M	284.3M	187.4M	181.2M	162.4M
Tax Assets	0.0	0.0	18.2M	9M	0.0	0.0	138K	458K	236K	2.9M	0.0	0.0
Other Non-Current Assets	24.8M	44.7M	614.8M	-229.7M	33.7M	-418.5M	-138K	-458K	-236K	-2.9M	-188.6M	-169.7M
Total Non-Current Assets	240M	245.5M	654.9M	36.1M	141M	0.0	366.5M	315.1M	292.8M	194.8M	188.6M	169.7M
Other Assets	0.0	0.0	0.0	111.2M	0.0	617.6M	-331.3M	-281.7M	-268M	-170.7M	-165.9M	-148.4M
Total Assets	240.7M	526.5M	654.9M	614.2M	651.8M	617.6M	508.2M	458.5M	377M	278.7M	258.6M	247.2M
LIABILITIES
CURRENT LIABILITIES
Total Payables	878K	0.0	88K	0.0	18.3M	20M	1.8M	756K	1.4M	39K	537K	1.4M
Accounts Payable	878K	0.0	0.0	0.0	326K	0.0	170K	0.0	428K	39K	537K	155K
Other Payables	0.0	0.0	88K	0.0	18M	20M	1.6M	756K	991K	0.0	0.0	1.3M
Accrued Expenses	0.0	0.0	0.0	22.1M	13.1M	14.8M	9.4M	9.4M	8.3M	5.3M	5.8M	4.7M
Short Term Debt	497K	513K	501K	359K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	633K	0.0	88K	14M	0.0	754K	1.6M	197K	991K	2.9M	0.0	1.3M
Other Current Liabilities	243.9M	263.3M	244.7M	-22.4M	-31.4M	-34.9M	-11.1M	-10.1M	-9.7M	-5.3M	-6.4M	-6.1M
Total Current Liabilities	245.2M	263.8M	245.3M	0.0	0.0	0.0	170K	274K	428K	39K	537K	155K
NON-CURRENT LIABILITIES
Deferred Tax Liabilities (Non-Current)	6.5M	8.6M	9.8M	8.9M	15.6M	8.8M	4.6M	711K	2.5M	2.9M	3.5M	5M
Other Non-Current Liabilities	252.8M	268M	388.3M	322M	277.7M	-8.8M	0.0	182.7M	121.4M	122.4M	-3.5M	-5M
Total Non-Current Liabilities	260.2M	278M	398M	332.3M	293.2M	0.0	4.6M	182.7M	428K	39K	537K	155K
Other Liabilities	0.0	0.0	0.0	0.0	0.0	268.7M	198M	-274K	120.6M	125.2M	107.6M	111.2M
Capital Lease Obligations	890K	1.3M	1.6M	1.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	385K	281.9M	404.5M	361M	304.4M	268.7M	198.4M	182.7M	121.4M	125.3M	108.7M	111.5M
SHAREHOLDERS' EQUITY
Treasury Stock	-36.1M	-34.3M	-35.2M	-28.8M	-26.5M	-24M	-12.3M	-10.6M	-8M	0.0	0.0	0.0
Common Stock	230K	230K	230K	230K	230K	230K	230K	230K	230K	0.0	0.0	0.0
Additional Paid-In Capital	95.9M	95.8M	96.3M	95.7M	98.2M	97.9M	96M	94.5M	93.5M	0.0	0.0	0.0
Retained Earnings	191.1M	201.6M	208.4M	214.1M	267.2M	258.7M	218.5M	183.9M	152.9M	139.6M	135M	117.6M
Accumulated Other Comprehensive Income/Loss	-10.8M	-18.2M	-21.4M	-29.3M	5.2M	12.8M	5.6M	6.4M	16M	10.3M	11.5M	14.8M
Other Total Stockholders' Equity	-212K	-455K	-698K	-941K	-1.2M	-1.4M	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	240.7M	244.6M	247.6M	251M	343.2M	344.3M	306.3M	272.5M	252.4M	149.9M	146.5M	132.3M
Total Equity	240.7M	244.6M	250.4M	253.2M	347.4M	348.9M	309.8M	275.8M	255.6M	153.4M	149.9M	135.7M
Minority Interest	0.0	0.0	2.8M	2.2M	4.2M	4.5M	3.5M	3.3M	3.2M	3.5M	3.4M	3.4M
SUMMARY
Total Liabilities & Equity	241.1M	526.5M	654.9M	614.2M	651.8M	617.6M	508.2M	458.5M	377M	278.7M	258.6M	247.2M
Total Investments	327M	334.2M	291.4M	357.7M	444.3M	393.3M	357.8M	305.4M	286.3M	189.4M	183.3M	164.5M
Total Debt	1.4M	1.8M	2.1M	1.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Debt	-50.3M	-49.1M	-39M	-45.2M	-70.6M	-101.1M	-62.1M	-69M	-27.6M	-18.3M	-14.5M	-21.7M
Shares Outstanding	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337	20,675,337

SEC Filings

NODK - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 26, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 08, 2026	May 08, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 08, 2026	May 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 06, 2026	March 06, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 06, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 23, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2025 N/A	November 07, 2025	November 07, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 07, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 31, 2025	October 29, 2025	2025	View Filing

Showing 1 to 10 of 138 filings

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