NODK End Period Cash Flow vs Investments Analysis

NODK Stock  USD 17.01  0.10  0.59%   
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 End Period Cash Flow and its Investments 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.

End Period Cash Flow vs Investments

End Period Cash Flow vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NI Holdings End Period Cash Flow account and Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between NI Holdings' End Period Cash Flow and Investments is -0.01. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Investments 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' End Period Cash Flow and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of NI Holdings are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of End Period Cash Flow i.e., NI Holdings' End Period Cash Flow and Investments go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

End Period Cash Flow

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.
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 Profit324.0M324.4M365.7M268.5M
Total Revenue324.0M324.4M365.7M268.5M

NI Holdings fundamental ratios Correlations

0.350.40.92-0.490.920.99-0.860.970.360.870.640.380.60.870.740.310.71-0.390.560.950.830.630.970.97-0.04
0.350.990.2-0.240.260.38-0.220.260.160.20.420.47-0.160.20.55-0.020.31-0.050.40.350.190.430.370.38-0.27
0.40.990.22-0.270.280.43-0.230.290.170.210.370.41-0.10.210.610.020.32-0.10.480.380.220.480.40.42-0.21
0.920.20.22-0.510.990.87-0.920.960.350.910.750.560.480.910.430.190.78-0.180.320.90.930.380.960.82-0.08
-0.49-0.24-0.27-0.51-0.55-0.410.23-0.42-0.4-0.23-0.33-0.350.04-0.23-0.390.27-0.65-0.37-0.47-0.56-0.67-0.67-0.54-0.41-0.32
0.920.260.280.99-0.550.88-0.910.950.370.910.790.60.430.910.470.150.79-0.130.320.920.940.410.980.83-0.11
0.990.380.430.87-0.410.88-0.840.950.330.850.60.320.630.850.790.370.65-0.470.580.930.780.630.940.98-0.05
-0.86-0.22-0.23-0.920.23-0.91-0.84-0.91-0.47-1.0-0.73-0.52-0.47-1.0-0.4-0.11-0.640.27-0.3-0.85-0.79-0.22-0.89-0.790.16
0.970.260.290.96-0.420.950.95-0.910.280.910.710.460.630.910.580.350.72-0.390.390.930.810.480.960.9-0.16
0.360.160.170.35-0.40.370.33-0.470.280.470.20.22-0.240.470.28-0.690.380.180.60.470.480.260.370.330.53
0.870.20.210.91-0.230.910.85-1.00.910.470.730.510.481.00.420.120.63-0.280.310.860.790.240.90.81-0.15
0.640.420.370.75-0.330.790.6-0.730.710.20.730.860.10.730.230.020.550.01-0.110.640.630.190.750.61-0.53
0.380.470.410.56-0.350.60.32-0.520.460.220.510.86-0.240.510.02-0.220.670.29-0.170.470.50.010.540.31-0.41
0.6-0.16-0.10.480.040.430.63-0.470.63-0.240.480.1-0.240.480.450.740.17-0.610.220.470.280.350.480.59-0.22
0.870.20.210.91-0.230.910.85-1.00.910.471.00.730.510.480.420.120.63-0.280.310.860.790.240.90.81-0.15
0.740.550.610.43-0.390.470.79-0.40.580.280.420.230.020.450.420.30.4-0.430.780.690.430.840.630.840.13
0.31-0.020.020.190.270.150.37-0.110.35-0.690.120.02-0.220.740.120.3-0.01-0.72-0.070.15-0.020.130.220.34-0.36
0.710.310.320.78-0.650.790.65-0.640.720.380.630.550.670.170.630.4-0.010.050.40.810.790.370.780.590.14
-0.39-0.05-0.1-0.18-0.37-0.13-0.470.27-0.390.18-0.280.010.29-0.61-0.28-0.43-0.720.05-0.24-0.230.05-0.2-0.21-0.440.06
0.560.40.480.32-0.470.320.58-0.30.390.60.31-0.11-0.170.220.310.78-0.070.4-0.240.560.430.710.450.550.59
0.950.350.380.9-0.560.920.93-0.850.930.470.860.640.470.470.860.690.150.81-0.230.560.840.530.960.910.03
0.830.190.220.93-0.670.940.78-0.790.810.480.790.630.50.280.790.43-0.020.790.050.430.840.420.910.730.16
0.630.430.480.38-0.670.410.63-0.220.480.260.240.190.010.350.240.840.130.37-0.20.710.530.420.510.670.17
0.970.370.40.96-0.540.980.94-0.890.960.370.90.750.540.480.90.630.220.78-0.210.450.960.910.510.92-0.1
0.970.380.420.82-0.410.830.98-0.790.90.330.810.610.310.590.810.840.340.59-0.440.550.910.730.670.92-0.07
-0.04-0.27-0.21-0.08-0.32-0.11-0.050.16-0.160.53-0.15-0.53-0.41-0.22-0.150.13-0.360.140.060.590.030.160.17-0.1-0.07
Click cells to compare fundamentals

NI Holdings Account Relationship Matchups

NI Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets508.2M617.6M651.8M614.2M615.7M509.0M
Other Current Liab(170K)(754K)(749K)(14.0M)191.3M200.9M
Total Current Liabilities170K1.0M326K14.0M191.9M201.5M
Total Stockholder Equity306.3M344.3M343.2M251.0M247.6M269.1M
Other Liab711K4.6M133.8M23.5M21.1M38.2M
Net Tangible Assets303.4M326.1M325.5M233.7M268.8M260.0M
Property Plant And Equipment Net7.7M9.9M9.9M9.8M9.9M8.2M
Net Debt(62.1M)(101.1M)(70.6M)(45.2M)(54.6M)(57.4M)
Retained Earnings218.5M258.7M267.2M214.1M208.4M208.6M
Accounts Payable170K15.6M326K22.1M25.4M15.4M
Cash62.1M101.1M70.6M47.0M56.7M53.8M
Non Current Assets Total366.5M418.5M469.9M36.1M451.3M319.4M
Non Currrent Assets Other(138K)(529K)(861K)(355.7M)37.7M39.5M
Other Assets24.6M34.1M38.2M111.2M(146.9M)(154.3M)
Cash And Short Term Investments62.1M101.1M70.6M47.0M56.7M53.8M
Net Receivables55.0M64.0M73.0M130.8M144.5M76.0M
Common Stock Shares Outstanding22.3M21.9M21.7M21.3M21.2M23.1M
Short Term Investments303.5M355.9M2.9M2.0M153.2M130.8M
Liabilities And Stockholders Equity508.2M617.6M651.8M614.2M615.7M509.0M
Non Current Liabilities Total4.6M8.8M5.5M347.1M173.4M182.0M
Other Current Assets134.8M176.4M139.5M152.7M164.4M123.3M
Other Stockholder Equity82.0M73.9M71.7M66.9M60.4M61.2M
Total Liab198.4M8.8M304.4M361.0M365.3M207.6M
Long Term Investments355.9M395.4M369.2M323.2M375.5M323.6M
Property Plant And Equipment Gross5.9M7.0M7.7M9.9M11.4M7.0M
Total Current Assets117.1M165.0M143.6M466.9M164.4M204.1M
Accumulated Other Comprehensive Income5.6M12.8M5.2M(29.3M)(21.4M)(20.3M)
Intangible Assets15.7M8.8M8.3M7.9M7.4M8.1M
Property Plant Equipment7.7M9.9M9.9M9.8M11.3M7.9M
Retained Earnings Total Equity218.5M258.7M267.2M214.1M246.2M197.3M
Capital Surpluse96.0M97.9M98.2M95.7M110.0M79.2M
Inventory(134.8M)(176.4M)(139.5M)(66.6M)(382.2M)(363.1M)
Deferred Long Term Liab711K4.6M8.8M5.5M6.3M3.9M
Treasury Stock(12.3M)(24.0M)(26.5M)(28.8M)(25.9M)(24.6M)
Non Current Liabilities Other182.7M244.4M280.8M339.0M389.8M198.7M
Net Invested Capital306.3M344.3M343.2M251.0M247.6M230.6M

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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:
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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.