What is the Return on Assets (ROA) of NI Holdings this year?
The Return on Assets (ROA) of NI Holdings is -0.01 undefined this year.
NI Holdings ROA 2024
NI Holdings ROA
-0.01
Ticker
NODK
ISIN
US65342T1060
WKN
A2DTX5
In 2024, NI Holdings's return on assets (ROA) was -0.01, a -90.33% increase from the -0.09 ROA in the previous year.
NI Holdings Aktienanalyse
What does NI Holdings do?
NI Holdings Inc is an insurance company based in Fargo, North Dakota, USA. It was founded in 1946 and was previously known as Nodak Mutual Insurance Company. In 2018, the company went public and was renamed NI Holdings Inc. NI Holdings Inc offers a variety of insurance products, including car insurance, home insurance, business insurance, accident insurance, and agricultural insurance. The company operates in the United States, primarily in the Midwest states. The business model of NI Holdings Inc is focused on long-term success, by providing high-quality products, excellent customer service, and comprehensive underwriting procedures. The company is divided into different divisions to meet the specific needs of its customers. One of these divisions is agricultural insurance, which offers specialized coverage products for agricultural businesses. This includes coverage for crop yields, agricultural equipment, livestock, and other agricultural risks. Another division is accident insurance, which protects customers in case of accidents and provides them with financial support. Products such as disability insurance and invalidity insurance are offered. The business insurance division of the company provides insurance coverage for businesses. This includes coverage for buildings, inventory, and business interruptions. NI Holdings Inc places a high value on customer service and therefore offers a variety of services. In order to ensure a better understanding of customer needs and fulfillment, most services offered by NI Holdings Inc are based on customer feedback and needs analysis. For example, the company offers insurance training and consultations, where customers can speak with industry-experienced experts. Assistance with claims management is also provided, in order to provide customers with prompt help and support in the event of damages and accidents. NI Holdings Inc is a company with a long history and a strong focus on customer service and high-quality products. The business model is tailored to meet the needs of customers in order to guarantee long-term success. Through a wide range of insurance products and services, as well as a strong regional presence in the United States, the company offers its customers a high level of flexibility and convenience in securing their risks. NI Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding NI Holdings's Return on Assets (ROA)
NI Holdings's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing NI Holdings's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider NI Holdings's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in NI Holdings’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about NI Holdings stock
What was the ROA of NI Holdings compared to the previous year?
The ROA of NI Holdings has increased by -90.33% compared to the previous year.
What consequences do high ROA have for investors of NI Holdings?
A high ROA is advantageous for investors of NI Holdings, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in NI Holdings?
A low ROA can be unfavorable for investors of NI Holdings as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of NI Holdings affect the company?
An increase in ROA of NI Holdings can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of NI Holdings impact the company?
A reduction in the ROA of NI Holdings can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of NI Holdings?
Some factors that can influence the ROA of NI Holdings include revenue, operating costs, asset structure, and industry average.
Why is the ROA of NI Holdings important for investors?
The ROA of NI Holdings is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can NI Holdings take to improve ROA?
To improve ROA, NI Holdings can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does NI Holdings pay?
Over the past 12 months, NI Holdings paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, NI Holdings is expected to pay a dividend of 0 USD.
What is the dividend yield of NI Holdings?
The current dividend yield of NI Holdings is .
When does NI Holdings pay dividends?
NI Holdings pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of NI Holdings?
NI Holdings paid dividends every year for the past 0 years.
What is the dividend of NI Holdings?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is NI Holdings located?
NI Holdings is assigned to the 'Finance' sector.
Wann musste ich die Aktien von NI Holdings kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of NI Holdings from 10/1/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/1/2024.
When did NI Holdings pay the last dividend?
The last dividend was paid out on 10/1/2024.
What was the dividend of NI Holdings in the year 2023?
In the year 2023, NI Holdings distributed 0 USD as dividends.
In which currency does NI Holdings pay out the dividend?
The dividends of NI Holdings are distributed in USD.
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Andere Kennzahlen von NI Holdings
Our stock analysis for NI Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NI Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
