Biglari Holdings Inc (BH) — Cash Flow-to-Debt Ratio
Biglari Holdings Inc (BH) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $20.33 Million could theoretically repay 0% of its total liabilities ($499.14 Million) in one year. See BH cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Biglari Holdings Inc Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for Biglari Holdings Inc across 35 annual periods. Also explore BH net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Biglari Holdings Inc (1991–2025)
Year-by-year debt coverage analysis for Biglari Holdings Inc. For market capitalisation and broader financial context, see Biglari Holdings Inc stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.20x | $106.96 Million | $525.71 Million | ▲ +20.1% |
| 2024 | 0.17x | $49.66 Million | $293.17 Million | ▼ -42.0% |
| 2023 | 0.29x | $73.00 Million | $250.09 Million | ▼ -37.7% |
| 2022 | 0.47x | $127.83 Million | $272.91 Million | ▼ -37.1% |
| 2021 | 0.74x | $228.77 Million | $307.11 Million | ▲ +187.1% |
| 2020 | 0.26x | $117.56 Million | $453.14 Million | ▲ +44.8% |
| 2019 | 0.18x | $93.68 Million | $523.01 Million | ▲ +297.6% |
| 2018 | 0.05x | $20.68 Million | $459.04 Million | ▼ -14.0% |
| 2017 | 0.05x | $25.78 Million | $492.26 Million | ▼ -53.3% |
| 2016 | 0.11x | $63.35 Million | $565.03 Million | ▲ +18.0% |
| 2015 | 0.10x | $52.50 Million | $552.55 Million | ▲ +84.7% |
| 2014 | 0.05x | $27.57 Million | $536.01 Million | ▼ -43.8% |
| 2013 | 0.09x | $38.79 Million | $423.95 Million | ▼ -31.8% |
| 2012 | 0.13x | $49.97 Million | $372.57 Million | ▼ -34.8% |
| 2011 | 0.21x | $71.58 Million | $347.93 Million | ▼ -24.3% |
| 2010 | 0.27x | $68.62 Million | $252.60 Million | ▲ +15.5% |
| 2009 | 0.24x | $52.31 Million | $222.45 Million | ▲ +127.7% |
| 2008 | 0.10x | $24.43 Million | $236.56 Million | ▼ -38.2% |
| 2007 | 0.17x | $43.43 Million | $259.69 Million | ▼ -38.6% |
| 2006 | 0.27x | $69.58 Million | $255.49 Million | ▼ -1.4% |
| 2005 | 0.28x | $64.28 Million | $232.83 Million | ▲ +27.9% |
| 2004 | 0.22x | $47.39 Million | $219.63 Million | ▼ -5.6% |
| 2003 | 0.23x | $50.70 Million | $221.76 Million | ▼ -4.9% |
| 2002 | 0.24x | $55.01 Million | $228.84 Million | ▼ -52.5% |
| 2001 | 0.51x | $40.13 Million | $79.27 Million | ▲ +15.5% |
| 2000 | 0.44x | $38.86 Million | $88.66 Million | ▼ -1.6% |
| 1999 | 0.45x | $33.40 Million | $75.00 Million | ▼ -13.2% |
| 1998 | 0.51x | $36.70 Million | $71.50 Million | ▲ +26.3% |
| 1997 | 0.41x | $30.20 Million | $74.30 Million | ▲ +3.9% |
| 1996 | 0.39x | $28.80 Million | $73.60 Million | ▲ +6.6% |
| 1995 | 0.37x | $21.00 Million | $57.20 Million | ▲ +25.0% |
| 1994 | 0.29x | $17.80 Million | $60.60 Million | ▲ +98.6% |
| 1993 | 0.15x | $8.80 Million | $59.50 Million | ▲ +0.6% |
| 1992 | 0.15x | $9.60 Million | $65.30 Million | ▼ -2.2% |
| 1991 | 0.15x | $10.30 Million | $68.50 Million | — |