BIGLARI HOLDINGS INC. (BH-A) FY2026 Q2 Statement of Cash Flows
2026-04-01 to 2026-06-30
Statement of Cash Flows
2026-04-01 to 2026-06-30
Swipe to see the full flow
Chart details
BIGLARI HOLDINGS INC. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026
Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.
- Beginning cash on Mar 31, 2026
- 200,786,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- Operating activities
- 14,948,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Distributions from investment partnerships and Changes in receivables and inventories), so Changes in receivables, inventories and other assets and Return on partnership investments cannot be separated for this quarter. It may combine inflows and outflows.
- Net earnings (loss)
- 39,926,000 US dollars
- Depreciation, depletion, and amortization
- 10,149,000 US dollars
- Provision for deferred income taxes
- 1,701,000 US dollars
- Asset impairments and other non-cash expenses
- 254,000 US dollars
- Gains on sale of assets
- negative 5,072,000 US dollars
- Investment and investment partnership gains and losses
- negative 45,345,000 US dollars
- Changes in accounts payable and accrued expenses
- 13,068,000 US dollars
- Remaining operating cash flows, net (calculated)
- 267,000 US dollars
- Investing activities
- negative 143,223,000 US dollars. Net cash used.
- Capital expenditures
- negative 6,665,000 US dollars
- Proceeds from property and equipment disposals
- 5,994,000 US dollars
- Purchases of interests in limited partnerships
- negative 21,400,000 US dollars
- Return of partnership investments
- 28,600,000 US dollars
- Purchases of investments
- negative 200,858,000 US dollars
- Sales of investments and redemptions of fixed maturity securities
- 51,106,000 US dollars
- Financing activities
- negative 3,341,000 US dollars. Net cash used.
- Proceeds from line of credit
- 0 US dollars
- Payments on line of credit
- 0 US dollars
- Debt issuance costs
- negative 321,000 US dollars
- Payments on note payable
- negative 1,688,000 US dollars
- Proceeds from issuance of common stock
- 0 US dollars
- Principal payments on direct financing lease obligations
- negative 1,332,000 US dollars
- Operating adjustment reconciliation
- 50,417,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
- financing gross reconciliation
- 3,341,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- investing gross reconciliation
- 228,923,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- Exchange-rate effect
- negative 65,000 US dollars
- Ending cash on Jun 30, 2026
- 69,105,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- Cash sources and uses
- 215,734,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- Net cash change
- negative 131,681,000 US dollars. Ending cash minus beginning cash.
- Cash flow / Net income
- 0.37×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- Operating cash flow
- 14,948,000 US dollars. Operating cash flow used in the free cash flow calculation.
- Cash purchases of property, plant and equipment
- 6,665,000 US dollars. These cash purchases are already included in investing activities above.
- Free cash flow
- 8,283,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.
Chart connections
- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $14.95M of net income directly to operating cash and $24.98M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 14,948,000 US dollars minus 6,665,000 US dollars equals 8,283,000 US dollars.
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG
Product waitlist
Health Check and Teardown for your own company
A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!