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Biglari Holdings Inc. (BH)
NYSE:BH
US Market

Biglari Holdings (BH) Ratios

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Biglari Holdings Ratios

BH's free cash flow for Q3 2025 was $0.39. For the 2025 fiscal year, BH's free cash flow was decreased by $ and operating cash flow was $-0.02. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
2.83 1.16 1.37 1.12 1.15
Quick Ratio
2.80 1.13 1.35 1.09 1.12
Cash Ratio
1.91 0.21 0.25 0.28 0.29
Solvency Ratio
0.08 0.12 0.38 0.02 0.21
Operating Cash Flow Ratio
0.75 0.34 0.66 0.95 1.59
Short-Term Operating Cash Flow Coverage
5.12 1.42 2.32 12.78 13.54
Net Current Asset Value
$ -95.07M$ -122.56M$ -97.54M$ -122.25M$ -142.30M
Leverage Ratios
Debt-to-Assets Ratio
0.32 0.17 0.12 0.14 0.14
Debt-to-Equity Ratio
0.60 0.26 0.17 0.22 0.21
Debt-to-Capital Ratio
0.37 0.21 0.14 0.18 0.17
Long-Term Debt-to-Capital Ratio
0.27 0.02 0.00 0.00 0.00
Financial Leverage Ratio
1.86 1.51 1.42 1.51 1.52
Debt Service Coverage Ratio
1.75 1.03 2.69 0.63 3.02
Interest Coverage Ratio
4.31 3.77 6.79 -5.13 6.66
Debt to Market Cap
0.19 0.13 0.13 0.05 0.07
Interest Debt Per Share
114.34 111.69 75.09 83.69 81.03
Net Debt to EBITDA
1.47 3.16 0.67 -117.57 0.99
Profitability Margins
Gross Profit Margin
35.62%38.28%31.86%41.49%39.00%
EBIT Margin
2.73%-0.56%19.34%-10.08%13.50%
EBITDA Margin
13.12%10.44%30.01%-0.19%21.71%
Operating Profit Margin
8.52%6.38%10.78%-8.21%13.02%
Pretax Profit Margin
0.76%-2.25%17.75%-11.68%11.55%
Net Profit Margin
0.54%-1.04%15.04%-8.77%9.69%
Continuous Operations Profit Margin
0.54%-1.04%15.20%-8.77%9.69%
Net Income Per EBT
71.42%46.10%84.73%75.08%83.94%
EBT Per EBIT
8.90%-35.29%164.69%142.37%88.68%
Return on Assets (ROA)
0.19%-0.43%6.47%-3.90%3.96%
Return on Equity (ROE)
0.37%-0.66%9.17%-5.91%6.04%
Return on Capital Employed (ROCE)
3.51%3.21%5.33%-4.36%6.34%
Return on Invested Capital (ROIC)
2.42%1.39%4.30%-3.15%5.10%
Return on Tangible Assets
0.21%-0.48%7.11%-4.30%4.34%
Earnings Yield
0.18%-1.06%23.37%-15.62%15.69%
Efficiency Ratios
Receivables Turnover
18.20 14.38 16.43 12.54 12.84
Payables Turnover
8.95 7.83 11.09 7.58 6.09
Inventory Turnover
63.25 55.44 83.54 55.95 58.72
Fixed Asset Turnover
0.95 0.88 0.89 0.85 0.93
Asset Turnover
0.36 0.42 0.43 0.44 0.41
Working Capital Turnover Ratio
2.50 11.18 12.77 19.94 -6.13
Cash Conversion Cycle
-14.97 -14.65 -6.32 -12.52 -25.32
Days of Sales Outstanding
20.06 25.38 22.22 29.12 28.42
Days of Inventory Outstanding
5.77 6.58 4.37 6.52 6.22
Days of Payables Outstanding
40.80 46.61 32.91 48.17 59.95
Operating Cycle
25.83 31.97 26.59 35.64 34.64
Cash Flow Ratios
Operating Cash Flow Per Share
34.54 35.48 51.21 85.78 144.22
Free Cash Flow Per Share
26.15 13.62 34.79 65.82 103.53
CapEx Per Share
8.39 21.86 16.42 19.96 40.69
Free Cash Flow to Operating Cash Flow
0.76 0.38 0.68 0.77 0.72
Dividend Paid and CapEx Coverage Ratio
4.11 1.62 3.12 4.30 3.54
Capital Expenditure Coverage Ratio
4.11 1.62 3.12 4.30 3.54
Operating Cash Flow Coverage Ratio
0.31 0.33 0.72 1.08 1.88
Operating Cash Flow to Sales Ratio
0.28 0.14 0.20 0.35 0.62
Free Cash Flow Yield
6.92%5.36%21.10%47.42%72.61%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
576.95 -94.68 4.28 -6.40 6.37
Price-to-Sales (P/S) Ratio
3.14 0.98 0.64 0.56 0.62
Price-to-Book (P/B) Ratio
2.08 0.62 0.39 0.38 0.38
Price-to-Free Cash Flow (P/FCF) Ratio
14.98 18.67 4.74 2.11 1.38
Price-to-Operating Cash Flow Ratio
11.26 7.17 3.22 1.62 0.99
Price-to-Earnings Growth (PEG) Ratio
-4.98 0.89 -0.02 0.03 -0.03
Price-to-Fair Value
2.08 0.62 0.39 0.38 0.38
Enterprise Value Multiple
25.44 12.57 2.81 -416.46 3.84
Enterprise Value
1.25B 475.37M 308.28M 288.19M 305.18M
EV to EBITDA
24.58 12.57 2.81 -416.46 3.84
EV to Sales
3.23 1.31 0.84 0.78 0.83
EV to Free Cash Flow
15.36 24.93 6.22 2.94 1.86
EV to Operating Cash Flow
11.63 9.57 4.22 2.25 1.33
Tangible Book Value Per Share
162.44 355.58 366.60 321.46 321.94
Shareholders’ Equity Per Share
187.01 409.39 420.45 367.05 370.49
Tax and Other Ratios
Effective Tax Rate
0.29 0.54 0.14 0.25 0.16
Revenue Per Share
124.56 258.74 256.28 247.11 230.80
Net Income Per Share
0.67 -2.69 38.55 -21.68 22.37
Tax Burden
0.71 0.46 0.85 0.75 0.84
Interest Burden
0.28 4.03 0.92 1.16 0.86
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.15 0.17 0.18 <0.01 0.17
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
51.23 -13.21 1.33 -3.96 6.45
Currency in USD