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NI Holdings NODK Debt-to-assets

Debt-to-assets at other companies

Progressive logo
ProgressivePGR
0.1×0.0×
Chubb logo
ChubbCB
0.1×0.0×
Allstate logo
AllstateALL
0.1×0.0×
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
0.1×0.0×
Safety Insurance Group logo
Safety Insurance GroupSAFT
0.0×
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
0.0×

Other financials

Income statement

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Revenue$59.6M-16.6%
Gross profit$15.7M-13.5%
Net income$12.5M+93.6%
EPS (diluted)$0.60+93.5%

Balance sheet

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Cash & equivalents$57.7M+0.9%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$492.1M-6.3%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$42.0K+110%
Free cash flow-$1.9M-119%

Valuation

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Market cap$324.43M+26.1%
P/S1.2×+0.4×

Profitability

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Gross margin30.2%-1.8pp
Net margin-1.6%
FCF margin-2.4%

Returns & leverage

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Return on equity-5%-2.1pp
Debt / equity0.0×

Where this comes from

Calculated from NI Holdings’s reported figures.

Based on the most recent quarter.

The official record: NI Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NI Holdings's debt-to-assets?
NI Holdings (NODK) reported debt-to-assets of 0× in Q4 2025.
How has NI Holdings's debt-to-assets changed year-over-year?
NI Holdings's debt-to-assets decreased by 66.3% year-over-year, from 0× to 0×.
What is the long-term trend for NI Holdings's debt-to-assets?
Over 5 years (2020 to 2025), NI Holdings's debt-to-assets has grown at a 9.7% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
Total debt divided by total assets at the quarter end. Measures the share of the asset base financed by debt.