NI Holdings Balance Sheet Health
Financial Health criteria checks 5/6
NI Holdings has a total shareholder equity of $239.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $571.0M and $331.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$51.39m |
| Equity | US$239.45m |
| Total liabilities | US$331.54m |
| Total assets | US$570.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4V0's short term assets ($178.0M) do not cover its short term liabilities ($329.8M).
Long Term Liabilities: 4V0's short term assets ($178.0M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: 4V0 is debt free.
Reducing Debt: 4V0 had no debt 5 years ago.
Debt Coverage: 4V0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 4V0 has no debt, therefore coverage of interest payments is not a concern.