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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	29.89	28.07	37.47	42.35	24.5	67.77
Short-Term Investments	102.9	91.88	69.47	83.06	94.86	44.86
Cash & Short-Term Investments	132.79	119.95	106.93	125.41	119.36	112.63
Cash Growth	12.20%	12.17%	-14.73%	5.07%	5.98%	33.88%
Accounts Receivable	21.38	22.24	29.38	28.51	19.19	21.64
Other Receivables	-	1.02	1.45	3.22	3.49	3.38
Receivables	21.38	23.26	30.83	31.73	22.68	25.02
Inventory	3.86	2.98	3.85	3.8	2.74	4.67
Prepaid Expenses	-	5.59	4.34	3.87	3	3.07
Other Current Assets	7.18	0.77	4.7	-	-	-
Total Current Assets	165.22	152.55	150.65	164.81	147.78	145.39
Property, Plant & Equipment	414.26	412.71	435.46	391.89	358.95	410.35
Long-Term Investments	201.59	199.1	155.79	250.4	419.55	505.54
Goodwill	52.54	53.53	53.51	53.55	53.6	40.04
Other Intangible Assets	23.31	23.23	23.04	23.46	24.07	27.35
Other Long-Term Assets	8.2	8.3	10.01	10.7	14.03	10.64
Total Assets	865.12	849.42	828.47	894.81	1,018	1,139
Accounts Payable	26.31	22.45	28.43	36.68	26.54	32.63
Accrued Expenses	12.76	18.95	14.29	27.51	20.73	17.23
Current Portion of Long-Term Debt	-	-	10	-	152.26	1.22
Current Portion of Leases	14.36	14.86	16.98	16.9	17.37	17.52
Current Income Taxes Payable	13.47	11.05	14.9	11.39	10.92	29.28
Current Unearned Revenue	25.81	26.74	28.97	37.59	44.42	32.5
Other Current Liabilities	19.33	17.06	21.33	13.57	16.21	9.45
Total Current Liabilities	112.05	111.1	134.9	143.64	288.45	139.82
Long-Term Debt	9	-	-	-	-	179.05
Long-Term Leases	91.99	86.39	91.84	104.48	111.65	137.41
Long-Term Deferred Tax Liabilities	35.19	37.94	31.34	46.53	41.35	54.23
Other Long-Term Liabilities	15.13	14.66	14.82	12.46	11.7	12.51
Total Liabilities	263.35	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	637.97	631.46	576.51	608.53	573.05	611.04
Treasury Stock	-420.76	-416.34	-409.68	-401.85	-389.62	-374.86
Comprehensive Income & Other	-2.18	-2.52	-2.79	-1.91	-1.53	-2.81
Total Common Equity	601.76	599.33	546.97	587.7	564.83	616.3
Minority Interest	-	-	8.6	-	-	-
Shareholders' Equity	601.76	599.33	555.57	587.7	564.83	616.3
Total Liabilities & Equity	865.12	849.42	828.47	894.81	1,018	1,139
Total Debt	115.35	101.24	118.83	121.38	281.27	335.19
Net Cash (Debt)	17.45	18.7	-11.89	4.03	-161.91	-222.56
Net Cash Per Share	61.68	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	53.17	41.45	15.76	21.17	-140.67	5.57
Book Value Per Share	969.66	965.74	881.36	946.99	910.14	993.08
Tangible Book Value	525.92	522.57	470.42	510.69	487.17	548.91
Tangible Book Value Per Share	847.45	842.05	758.01	822.90	785.00	884.49
Land	136.95	139.9	143.31	144.61	142.6	150.15
Buildings	158.89	151.72	151.63	148.61	138.73	144.24
Machinery	213.28	212.42	222.66	224.58	192.74	196.26
Construction In Progress	0.35	1.63	2.24	2.82	1.03	3.79

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