NI Holdings, Inc. (FRA:4V0)

NI Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	311.48	304.46	285.24	299.61	360.52	318.01
Investments in Equity & Preferred Securities	27.29	27.89	26.14	56.11	81.82	72.36
Other Investments	1.81	1.81	2.01	2.01	2.01	2.92
Total Investments	340.59	334.16	313.39	357.72	444.35	393.29
Cash & Equivalents	24.65	50.93	41.04	47	70.62	101.08
Reinsurance Recoverable	23.05	13.31	5.06	39.22	21.2	8.8
Other Receivables	108.11	75.78	75.88	94.06	54.34	57.31
Deferred Policy Acquisition Cost	22.23	26.3	26.79	29.77	24.95	23.97
Property, Plant & Equipment	7.23	7.55	7.45	9.84	9.87	9.9
Goodwill	-	-	2.63	9.38	9.38	9.38
Other Intangible Assets	0.1	0.1	0.1	7.87	8.34	8.81
Other Current Assets	-	-	162.46	-	-	-
Long-Term Deferred Tax Assets	6.69	7.32	9.23	9.01	-	-
Other Long-Term Assets	11.17	11.1	10.87	10.37	8.74	5.07
Total Assets	543.82	526.55	654.89	614.23	651.78	617.6
Accrued Expenses	17.18	16.31	17.76	22.05	13.1	14.82
Unpaid Claims	157.38	137.29	119.19	190.46	139.66	105.75
Unearned Premiums	122.46	126.5	126.1	148.51	127.79	119.36
Reinsurance Payable	1.5	-	-	-	0.33	-
Current Portion of Leases	0.13	0.51	-	-	-	-
Current Income Taxes Payable	-	-	0.15	-	-	0.75
Long-Term Leases	1.37	1.31	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	5.51	8.76
Other Current Liabilities	-	-	141.3	-	-	-
Other Long-Term Liabilities	-	-	-	-	17.98	19.29
Total Liabilities	300.02	281.91	404.49	361.03	304.37	268.73
Common Stock	0.23	0.23	0.23	0.23	0.23	0.23
Additional Paid-In Capital	96.07	95.8	96.29	95.67	98.17	97.91
Retained Earnings	194.23	201.58	208.38	214.12	267.21	258.74
Treasury Stock	-34.75	-34.29	-35.18	-28.82	-26.45	-23.97
Comprehensive Income & Other	-11.98	-18.69	-22.08	-30.23	4.05	11.41
Total Common Equity	243.8	244.63	247.64	250.98	343.2	344.33
Minority Interest	-	-	2.76	2.23	4.21	4.55
Shareholders' Equity	243.8	244.63	250.4	253.21	347.41	348.87
Total Liabilities & Equity	543.82	526.55	654.89	614.23	651.78	617.6
Filing Date Shares Outstanding	20.61	20.68	20.62	21.07	21.2	21.32
Total Common Shares Outstanding	20.63	20.67	20.6	21.08	21.22	21.32
Total Debt	1.5	1.82	-	-	-	-
Net Cash (Debt)	23.15	49.11	41.04	47	70.62	101.08
Net Cash Growth	-37.72%	19.66%	-12.69%	-33.45%	-30.13%	62.68%
Net Cash Per Share	1.10	2.33	1.93	2.20	3.26	4.61
Book Value Per Share	11.82	11.83	12.02	11.91	16.17	16.15
Tangible Book Value	243.7	244.53	244.91	233.73	325.48	326.13
Tangible Book Value Per Share	11.81	11.83	11.89	11.09	15.34	15.30
Land	1.25	1.25	-	1.4	1.4	1.4
Buildings	12.51	12.5	-	14.27	14.19	13.91
Machinery	5.49	5.49	-	5.54	5.63	5.41

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.