Biglari Balance Sheet
NYSE: BHConsumer DiscretionaryRestaurantsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Biglari financial position
At the end of fiscal 2025, Biglari reported total assets of $1.03 billion, up 18.4% from a year earlier against total liabilities of $502.0 million. Shareholders' equity stood at $523.4 million, or 51.0% of assets. The company held $268.8 million in cash and equivalents against $247.0 million of debt, a net cash position of $21.8 million.
The current ratio (current assets divided by current liabilities) was 2.43, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.47.
Summary generated from market data by MetaCap's automated system. Methodology
Biglari balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 268.78M | 30.71M | 28.07M | 37.47M | 42.35M | 24.50M | 67.77M | 48.56M | 58.58M | 75.83M |
| Receivables | 23.28M | 25.18M | 22.24M | 29.38M | 28.51M | 19.18M | 21.64M | 15.74M | 16.28M | — |
| Inventory | 3.77M | 4.03M | 2.98M | 3.85M | 3.80M | 2.74M | 4.67M | 7.54M | 7.27M | — |
| Total Current Assets | 378.53M | 170.62M | 152.55M | 150.65M | 164.81M | 147.78M | 145.39M | 114.93M | 112.64M | — |
| Property, Plant & Equipment | 366.61M | 376.15M | 380.49M | 400.73M | 349.35M | 316.12M | 350.63M | 274.72M | 295.80M | — |
| Goodwill | 52.57M | 52.50M | 52.53M | 53.51M | 53.55M | 53.60M | 40.04M | 40.05M | 40.08M | — |
| Intangible Assets | 23.67M | 22.82M | 23.23M | 23.02M | 23.46M | 24.07M | 27.20M | 28.11M | 26.56M | — |
| Total Assets | 1.03B | 866.13M | 849.42M | 828.47M | 894.81M | 1.02B | 1.14B | 1.03B | 1.06B | — |
| Accounts Payable | 34.17M | 28.54M | 22.45M | 28.43M | 36.68M | 26.54M | 121.08M | 117.27M | 128.74M | — |
| Short-Term Debt | 33.07M | 35.00M | 0 | 10.00M | 0 | 152.26M | 7.10M | 5.72M | 6.75M | — |
| Total Current Liabilities | 156.00M | 147.32M | 111.10M | 134.90M | 143.64M | 288.45M | 139.82M | 122.98M | 135.49M | — |
| Long-Term Debt | 213.92M | 10.00M | — | — | 104.48M | 111.64M | 263.18M | 240.00M | 256.99M | — |
| Total Liabilities | 501.95M | 293.17M | 250.09M | 272.91M | 307.11M | 453.14M | 523.01M | 459.04M | 492.26M | — |
| Shareholders' Equity | 523.43M | 572.96M | 599.33M | 546.97M | 587.70M | 564.83M | 616.30M | 570.46M | 571.33M | 531.94M |
| Retained Earnings | 590.21M | 627.70M | 631.46M | 576.51M | 608.53M | 573.05M | 611.04M | 564.16M | 565.50M | — |
| Total Debt | 246.99M | 45.00M | 0 | 10.00M | 104.48M | 263.91M | 270.29M | 245.72M | 263.74M | — |
| Net Cash (Debt) | 21.79M | -14.29M | 28.07M | 27.47M | -62.13M | -239.40M | -202.51M | -197.16M | -205.16M | 75.83M |
| Shares Outstanding | — | — | — | — | — | — | — | — | 2.07M | — |
This table shows 10 annual periods of Biglari's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow BH's reporting calendar. What is a balance sheet?