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
NI Holdings, Inc.'s (NASDAQ:NODK) P/S Is On The Mark
Mar 16
NI expects sees $49M loss in Q2 owing to severe storms in South Dakota and Nebraska
Jul 22Increases to CEO Compensation Might Be Put On Hold For Now at NI Holdings, Inc. (NASDAQ:NODK)
May 19Could The NI Holdings, Inc. (NASDAQ:NODK) Ownership Structure Tell Us Something Useful?
Mar 12Here's Why We Think NI Holdings (NASDAQ:NODK) Is Well Worth Watching
Feb 19
Did You Miss NI Holdings' (NASDAQ:NODK) 11% Share Price Gain?
Feb 01Read This Before Selling NI Holdings, Inc. (NASDAQ:NODK) Shares
Jan 08Is NI Holdings, Inc.'s(NASDAQ:NODK) Recent Stock Performance Tethered To Its Strong Fundamentals?
Dec 18NI Holdings EVP & CFO retires
Nov 13NI Holdings reports Q3 results
Nov 04Financial Position Analysis
Short Term Liabilities: NODK's short term assets ($178.0M) do not cover its short term liabilities ($329.8M).
Long Term Liabilities: NODK's short term assets ($178.0M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: NODK is debt free.
Reducing Debt: NODK had no debt 5 years ago.
Debt Coverage: NODK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NODK has no debt, therefore coverage of interest payments is not a concern.