Biglari Holdings Inc. (BH)

Biglari Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	26.9	28.07	37.47	42.35	24.5	67.77
Short-Term Investments	93.62	91.88	69.47	83.06	94.86	44.86
Cash & Short-Term Investments	120.52	119.95	106.93	125.41	119.36	112.63
Cash Growth	1.15%	12.17%	-14.73%	5.07%	5.98%	33.88%
Accounts Receivable	19.17	22.24	29.38	28.51	19.19	21.64
Other Receivables	-	1.02	1.45	3.22	3.49	3.38
Receivables	19.17	23.26	30.83	31.73	22.68	25.02
Inventory	3.59	2.98	3.85	3.8	2.74	4.67
Prepaid Expenses	-	5.59	4.34	3.87	3	3.07
Other Current Assets	7.88	0.77	4.7	-	-	-
Total Current Assets	151.15	152.55	150.65	164.81	147.78	145.39
Property, Plant & Equipment	415.68	412.71	435.46	391.89	358.95	410.35
Long-Term Investments	158.73	199.1	155.79	250.4	419.55	505.54
Goodwill	-	53.53	53.51	53.55	53.6	40.04
Other Intangible Assets	75.54	23.23	23.04	23.46	24.07	27.35
Other Long-Term Assets	7.95	8.3	10.01	10.7	14.03	10.64
Total Assets	809.05	849.42	828.47	894.81	1,018	1,139
Accounts Payable	25.81	22.45	28.43	36.68	26.54	32.63
Accrued Expenses	9.51	18.95	14.29	27.51	20.73	17.23
Short-Term Debt	0.05	-	-	-	-	-
Current Portion of Long-Term Debt	-	-	10	-	152.26	1.22
Current Portion of Leases	14.41	14.86	16.98	16.9	17.37	17.52
Current Income Taxes Payable	11.17	11.05	14.9	11.39	10.92	29.28
Current Unearned Revenue	26.97	26.74	28.97	37.59	44.42	32.5
Other Current Liabilities	17.86	17.06	21.33	13.57	16.21	9.45
Total Current Liabilities	105.77	111.1	134.9	143.64	288.45	139.82
Long-Term Debt	-	-	-	-	-	179.05
Long-Term Leases	92.91	86.39	91.84	104.48	111.65	137.41
Long-Term Deferred Tax Liabilities	26.25	37.94	31.34	46.53	41.35	54.23
Other Long-Term Liabilities	14.94	14.66	14.82	12.46	11.7	12.51
Total Liabilities	239.87	250.09	272.91	307.11	453.14	523.01
Common Stock	1.14	1.14	1.14	1.14	1.14	1.14
Additional Paid-In Capital	385.59	385.59	381.79	381.79	381.79	381.79
Retained Earnings	605.85	631.46	576.51	608.53	573.05	611.04
Treasury Stock	-420.73	-416.34	-409.68	-401.85	-389.62	-374.86
Comprehensive Income & Other	-2.67	-2.52	-2.79	-1.91	-1.53	-2.81
Total Common Equity	569.18	599.33	546.97	587.7	564.83	616.3
Minority Interest	-	-	8.6	-	-	-
Shareholders' Equity	569.18	599.33	555.57	587.7	564.83	616.3
Total Liabilities & Equity	809.05	849.42	828.47	894.81	1,018	1,139
Total Debt	107.36	101.24	118.83	121.38	281.27	335.19
Net Cash (Debt)	13.15	18.7	-11.89	4.03	-161.91	-222.56
Net Cash Per Share	46.13	64.49	-39.90	12.71	-469.03	-645.60
Filing Date Shares Outstanding	0.62	0.62	0.62	0.62	0.62	0.62
Total Common Shares Outstanding	0.62	0.62	0.62	0.62	0.62	0.62
Working Capital	45.38	41.45	15.76	21.17	-140.67	5.57
Book Value Per Share	917.15	965.74	881.36	946.99	910.14	993.08
Tangible Book Value	493.64	522.57	470.42	510.69	487.17	548.91
Tangible Book Value Per Share	795.43	842.05	758.01	822.90	785.00	884.49
Land	137.25	139.9	143.31	144.61	142.6	150.15
Buildings	157.1	151.72	151.63	148.61	138.73	144.24
Machinery	212.44	212.42	222.66	224.58	192.74	196.26
Construction In Progress	0.53	1.63	2.24	2.82	1.03	3.79

Source: S&P Capital IQ. Standard template. Financial Sources.