NODK Return On Capital Employed from 2010 to 2024
| NODK Stock | USD 15.49 0.15 0.98% |
Return On Capital Employed | First Reported 2010-12-31 | Previous Quarter (0.0006) | Current Value (0.0006) | Quarterly Volatility 0.0343238 |
Check NI Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NODK main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 105.3 M or Total Revenue of 268.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.71, Dividend Yield of 0.0 or PTB Ratio of 1.58. NODK financial statements analysis is a perfect complement when working with NI Holdings Valuation or Volatility modules.
NODK | Return On Capital Employed |
Latest NI Holdings' Return On Capital Employed Growth Pattern
Below is the plot of the Return On Capital Employed of NI Holdings over the last few years. It is NI Holdings' Return On Capital Employed historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NI Holdings' overall financial position and show how it may be relating to other accounts over time.
| Return On Capital Employed | 10 Years Trend |
|
Return On Capital Employed |
| Timeline |
NODK Return On Capital Employed Regression Statistics
| Arithmetic Mean | 0.06 | |
| Geometric Mean | 0.03 | |
| Coefficient Of Variation | 59.11 | |
| Mean Deviation | 0.03 | |
| Median | 0.08 | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0 | |
| Range | 0.1003 | |
| R-Value | (0.73) | |
| Mean Square Error | 0.0006 | |
| R-Squared | 0.54 | |
| Significance | 0 | |
| Slope | (0.01) | |
| Total Sum of Squares | 0.02 |
NODK Return On Capital Employed History
About NI Holdings Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NI Holdings income statement, its balance sheet, and the statement of cash flows. NI Holdings investors use historical funamental indicators, such as NI Holdings's Return On Capital Employed, to determine how well the company is positioned to perform in the future. Although NI Holdings investors may use each financial statement separately, they are all related. The changes in NI Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NI Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NI Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NI Holdings. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | (0.0006) | (0.0006) |
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Check out the analysis of NI Holdings Correlation against competitors. For more information on how to buy NODK Stock please use our How to buy in NODK Stock guide.Note that the NI Holdings information on this page should be used as a complementary analysis to other NI Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for NODK Stock analysis
When running NI Holdings' price analysis, check to measure NI Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NI Holdings is operating at the current time. Most of NI Holdings' value examination focuses on studying past and present price action to predict the probability of NI Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NI Holdings' price. Additionally, you may evaluate how the addition of NI Holdings to your portfolios can decrease your overall portfolio volatility.
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Is NI Holdings' industry 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 0.24 | Revenue Per Share 17.838 | Quarterly Revenue Growth 0.12 | Return On Assets 0.0155 |
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.