NODK Change To Liabilities vs Free Cash Flow Analysis

NODK Stock

USD 15.79 0.35 2.17%

NI Holdings financial indicator trend analysis is infinitely more than just investigating NI Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NI Holdings is a good investment. Please check the relationship between NI Holdings Change To Liabilities and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.

Change To Liabilities vs Free Cash Flow

Change To Liabilities vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NI Holdings Change To Liabilities account and Free Cash Flow. At this time, the significance of the direction appears to have strong relationship.

The correlation between NI Holdings' Change To Liabilities and Free Cash Flow is 0.66. Overlapping area represents the amount of variation of Change To Liabilities that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of NI Holdings, assuming nothing else is changed. The correlation between historical values of NI Holdings' Change To Liabilities and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Liabilities of NI Holdings are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Liabilities i.e., NI Holdings' Change To Liabilities and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.66

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Change To Liabilities

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from NI Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NI Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.At this time, NI Holdings' Selling General Administrative is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 11.02 this year, although the value of Tax Provision will most likely fall to about 914.9 K.

	2021	2022	2023	2024 (projected)
Gross Profit	324.0M	324.4M	365.7M	268.5M
Total Revenue	324.0M	324.4M	365.7M	268.5M

Gross Profit Total Revenue

NI Holdings fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.35	0.4	0.92	-0.49	0.92	0.99	-0.86	0.97	0.36	0.87	0.64	0.38	0.6	0.87	0.74	0.31	0.71	-0.39	0.56	0.95	0.83	0.63	0.97	0.97	-0.04
Other Current Liab	0.35		0.99	0.2	-0.24	0.26	0.38	-0.22	0.26	0.16	0.2	0.42	0.47	-0.16	0.2	0.55	-0.02	0.31	-0.05	0.4	0.35	0.19	0.43	0.37	0.38	-0.27
Total Current Liabilities	0.4	0.99		0.22	-0.27	0.28	0.43	-0.23	0.29	0.17	0.21	0.37	0.41	-0.1	0.21	0.61	0.02	0.32	-0.1	0.48	0.38	0.22	0.48	0.4	0.42	-0.21
Total Stockholder Equity	0.92	0.2	0.22		-0.51	0.99	0.87	-0.92	0.96	0.35	0.91	0.75	0.56	0.48	0.91	0.43	0.19	0.78	-0.18	0.32	0.9	0.93	0.38	0.96	0.82	-0.08
Other Liab	-0.49	-0.24	-0.27	-0.51		-0.55	-0.41	0.23	-0.42	-0.4	-0.23	-0.33	-0.35	0.04	-0.23	-0.39	0.27	-0.65	-0.37	-0.47	-0.56	-0.67	-0.67	-0.54	-0.41	-0.32
Net Tangible Assets	0.92	0.26	0.28	0.99	-0.55		0.88	-0.91	0.95	0.37	0.91	0.79	0.6	0.43	0.91	0.47	0.15	0.79	-0.13	0.32	0.92	0.94	0.41	0.98	0.83	-0.11
Property Plant And Equipment Net	0.99	0.38	0.43	0.87	-0.41	0.88		-0.84	0.95	0.33	0.85	0.6	0.32	0.63	0.85	0.79	0.37	0.65	-0.47	0.58	0.93	0.78	0.63	0.94	0.98	-0.05
Net Debt	-0.86	-0.22	-0.23	-0.92	0.23	-0.91	-0.84		-0.91	-0.47	-1.0	-0.73	-0.52	-0.47	-1.0	-0.4	-0.11	-0.64	0.27	-0.3	-0.85	-0.79	-0.22	-0.89	-0.79	0.16
Retained Earnings	0.97	0.26	0.29	0.96	-0.42	0.95	0.95	-0.91		0.28	0.91	0.71	0.46	0.63	0.91	0.58	0.35	0.72	-0.39	0.39	0.93	0.81	0.48	0.96	0.9	-0.16
Accounts Payable	0.36	0.16	0.17	0.35	-0.4	0.37	0.33	-0.47	0.28		0.47	0.2	0.22	-0.24	0.47	0.28	-0.69	0.38	0.18	0.6	0.47	0.48	0.26	0.37	0.33	0.53
Cash	0.87	0.2	0.21	0.91	-0.23	0.91	0.85	-1.0	0.91	0.47		0.73	0.51	0.48	1.0	0.42	0.12	0.63	-0.28	0.31	0.86	0.79	0.24	0.9	0.81	-0.15
Non Current Assets Total	0.64	0.42	0.37	0.75	-0.33	0.79	0.6	-0.73	0.71	0.2	0.73		0.86	0.1	0.73	0.23	0.02	0.55	0.01	-0.11	0.64	0.63	0.19	0.75	0.61	-0.53
Non Currrent Assets Other	0.38	0.47	0.41	0.56	-0.35	0.6	0.32	-0.52	0.46	0.22	0.51	0.86		-0.24	0.51	0.02	-0.22	0.67	0.29	-0.17	0.47	0.5	0.01	0.54	0.31	-0.41
Other Assets	0.6	-0.16	-0.1	0.48	0.04	0.43	0.63	-0.47	0.63	-0.24	0.48	0.1	-0.24		0.48	0.45	0.74	0.17	-0.61	0.22	0.47	0.28	0.35	0.48	0.59	-0.22
Cash And Short Term Investments	0.87	0.2	0.21	0.91	-0.23	0.91	0.85	-1.0	0.91	0.47	1.0	0.73	0.51	0.48		0.42	0.12	0.63	-0.28	0.31	0.86	0.79	0.24	0.9	0.81	-0.15
Net Receivables	0.74	0.55	0.61	0.43	-0.39	0.47	0.79	-0.4	0.58	0.28	0.42	0.23	0.02	0.45	0.42		0.3	0.4	-0.43	0.78	0.69	0.43	0.84	0.63	0.84	0.13
Good Will	0.31	-0.02	0.02	0.19	0.27	0.15	0.37	-0.11	0.35	-0.69	0.12	0.02	-0.22	0.74	0.12	0.3		-0.01	-0.72	-0.07	0.15	-0.02	0.13	0.22	0.34	-0.36
Common Stock Shares Outstanding	0.71	0.31	0.32	0.78	-0.65	0.79	0.65	-0.64	0.72	0.38	0.63	0.55	0.67	0.17	0.63	0.4	-0.01		0.05	0.4	0.81	0.79	0.37	0.78	0.59	0.14
Short Term Investments	-0.39	-0.05	-0.1	-0.18	-0.37	-0.13	-0.47	0.27	-0.39	0.18	-0.28	0.01	0.29	-0.61	-0.28	-0.43	-0.72	0.05		-0.24	-0.23	0.05	-0.2	-0.21	-0.44	0.06
Non Current Liabilities Total	0.56	0.4	0.48	0.32	-0.47	0.32	0.58	-0.3	0.39	0.6	0.31	-0.11	-0.17	0.22	0.31	0.78	-0.07	0.4	-0.24		0.56	0.43	0.71	0.45	0.55	0.59
Other Current Assets	0.95	0.35	0.38	0.9	-0.56	0.92	0.93	-0.85	0.93	0.47	0.86	0.64	0.47	0.47	0.86	0.69	0.15	0.81	-0.23	0.56		0.84	0.53	0.96	0.91	0.03
Other Stockholder Equity	0.83	0.19	0.22	0.93	-0.67	0.94	0.78	-0.79	0.81	0.48	0.79	0.63	0.5	0.28	0.79	0.43	-0.02	0.79	0.05	0.43	0.84		0.42	0.91	0.73	0.16
Total Liab	0.63	0.43	0.48	0.38	-0.67	0.41	0.63	-0.22	0.48	0.26	0.24	0.19	0.01	0.35	0.24	0.84	0.13	0.37	-0.2	0.71	0.53	0.42		0.51	0.67	0.17
Long Term Investments	0.97	0.37	0.4	0.96	-0.54	0.98	0.94	-0.89	0.96	0.37	0.9	0.75	0.54	0.48	0.9	0.63	0.22	0.78	-0.21	0.45	0.96	0.91	0.51		0.92	-0.1
Property Plant And Equipment Gross	0.97	0.38	0.42	0.82	-0.41	0.83	0.98	-0.79	0.9	0.33	0.81	0.61	0.31	0.59	0.81	0.84	0.34	0.59	-0.44	0.55	0.91	0.73	0.67	0.92		-0.07
Total Current Assets	-0.04	-0.27	-0.21	-0.08	-0.32	-0.11	-0.05	0.16	-0.16	0.53	-0.15	-0.53	-0.41	-0.22	-0.15	0.13	-0.36	0.14	0.06	0.59	0.03	0.16	0.17	-0.1	-0.07

Click cells to compare fundamentals

NI Holdings Account Relationship Matchups

NI Holdings fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	508.2M	617.6M	651.8M	614.2M	615.7M	509.0M
Other Current Liab	(170K)	(754K)	(749K)	(14.0M)	191.3M	200.9M
Total Current Liabilities	170K	1.0M	326K	14.0M	191.9M	201.5M
Total Stockholder Equity	306.3M	344.3M	343.2M	251.0M	247.6M	269.1M
Other Liab	711K	4.6M	133.8M	23.5M	21.1M	38.2M
Net Tangible Assets	303.4M	326.1M	325.5M	233.7M	268.8M	260.0M
Property Plant And Equipment Net	7.7M	9.9M	9.9M	9.8M	9.9M	8.2M
Net Debt	(62.1M)	(101.1M)	(70.6M)	(45.2M)	(54.6M)	(57.4M)
Retained Earnings	218.5M	258.7M	267.2M	214.1M	208.4M	208.6M
Accounts Payable	170K	15.6M	326K	22.1M	25.4M	15.4M
Cash	62.1M	101.1M	70.6M	47.0M	56.7M	53.8M
Non Current Assets Total	366.5M	418.5M	469.9M	36.1M	451.3M	319.4M
Non Currrent Assets Other	(138K)	(529K)	(861K)	(355.7M)	37.7M	39.5M
Other Assets	24.6M	34.1M	38.2M	111.2M	(146.9M)	(154.3M)
Cash And Short Term Investments	62.1M	101.1M	70.6M	47.0M	56.7M	53.8M
Net Receivables	55.0M	64.0M	73.0M	130.8M	144.5M	76.0M
Common Stock Shares Outstanding	22.3M	21.9M	21.7M	21.3M	21.2M	23.1M
Short Term Investments	303.5M	355.9M	2.9M	2.0M	153.2M	130.8M
Liabilities And Stockholders Equity	508.2M	617.6M	651.8M	614.2M	615.7M	509.0M
Non Current Liabilities Total	4.6M	8.8M	5.5M	347.1M	173.4M	182.0M
Other Current Assets	134.8M	176.4M	139.5M	152.7M	164.4M	123.3M
Other Stockholder Equity	82.0M	73.9M	71.7M	66.9M	60.4M	61.2M
Total Liab	198.4M	8.8M	304.4M	361.0M	365.3M	207.6M
Long Term Investments	355.9M	395.4M	369.2M	323.2M	375.5M	323.6M
Property Plant And Equipment Gross	5.9M	7.0M	7.7M	9.9M	11.4M	7.0M
Total Current Assets	117.1M	165.0M	143.6M	466.9M	164.4M	204.1M
Accumulated Other Comprehensive Income	5.6M	12.8M	5.2M	(29.3M)	(21.4M)	(20.3M)
Intangible Assets	15.7M	8.8M	8.3M	7.9M	7.4M	8.1M
Property Plant Equipment	7.7M	9.9M	9.9M	9.8M	11.3M	7.9M
Retained Earnings Total Equity	218.5M	258.7M	267.2M	214.1M	246.2M	197.3M
Capital Surpluse	96.0M	97.9M	98.2M	95.7M	110.0M	79.2M
Inventory	(134.8M)	(176.4M)	(139.5M)	(66.6M)	(382.2M)	(363.1M)
Deferred Long Term Liab	711K	4.6M	8.8M	5.5M	6.3M	3.9M
Treasury Stock	(12.3M)	(24.0M)	(26.5M)	(28.8M)	(25.9M)	(24.6M)
Non Current Liabilities Other	182.7M	244.4M	280.8M	339.0M	389.8M	198.7M
Net Invested Capital	306.3M	344.3M	343.2M	251.0M	247.6M	230.6M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

When determining whether NI Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NODK Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ni Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Ni Holdings Stock:

How To Invest In NODK

Details

Is NODK Stock a good investment?

Details

What is NI Holdings' Net Worth?

Details

Largest Property & Casualty Insurance Companies

View

Largest Insurance - Property & Casualty Companies

View

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NI Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.

You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NI Holdings. If investors know NODK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NI Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

6.564

Earnings Share

(0.43)

Revenue Per Share

18.702

Quarterly Revenue Growth

0.14

Return On Assets

(0)

The market value of NI Holdings is measured differently than its book value, which is the value of NODK that is recorded on the company's balance sheet. Investors also form their own opinion of NI Holdings' value that differs from its market value or its book value, called intrinsic value, which is NI Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NI Holdings' market value can be influenced by many factors that don't directly affect NI Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NI Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if NI Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NI Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

NODK Change To Liabilities vs Free Cash Flow Analysis

Change To Liabilities vs Free Cash Flow

Change To Liabilities vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Change To Liabilities

Free Cash Flow

NI Holdings fundamental ratios Correlations

NI Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NI Holdings fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Other Current Liab
Net Tangible Assets	+ 0.99	Total Stockholder Equity
Long Term Investments	+ 0.98	Net Tangible Assets
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.92	Total Stockholder Equity
Retained Earnings	- 0.91	Net Debt
Net Debt	- 0.91	Net Tangible Assets
Long Term Investments	- 0.89	Net Debt