For the quarter ending 2025-09-30, BH had $241,764K increase in cash & cash equivalents over the period. $70,238K in free cash flow.
| Cash Flow | 2025-09-30 |
|---|---|
| Net earnings | 12,365 |
| Depreciation, depletion, and amortization | 30,074 |
| Provision for deferred income taxes | 1,417 |
| Asset impairments | 1,251 |
| Gains on sale of assets | 14,050 |
| Investment and investment partnership gains and losses | -4,154 |
| Distributions from investment partnerships | 54,000 |
| Changes in receivables, inventories and other assets | 2,571 |
| Changes in accounts payable and accrued expenses | 5,382 |
| Net cash provided by operating activities | 89,188 |
| Capital expenditures | 18,950 |
| Proceeds from property and equipment disposals | 17,968 |
| Purchases of interests in limited partnerships | 44,965 |
| Purchases of investments | 48,375 |
| Sales of investments and redemptions of fixed maturity securities | 58,122 |
| Net cash used in investing activities | -36,200 |
| Proceeds from line of credit | 43,000 |
| Payments on line of credit | 73,000 |
| Proceeds from note payable, net | 223,000 |
| Principal payments on direct financing lease obligations | 4,278 |
| Net cash provided by financing activities | 188,722 |
| Effect of exchange rate changes on cash | 54 |
| Increase in cash, cash equivalents and restricted cash | 241,764 |
| Cash and cash equivalents at beginning of period | 31,432 |
| Cash and cash equivalents at end of period | 273,196 |
Biglari Holdings Inc. (BH)
Biglari Holdings Inc. (BH)