BIGLARI HLDGS CL. A (SQ7A) — Defensive Interval Ratio
BIGLARI HLDGS CL. A (SQ7A) has a Defensive Interval Ratio of 696 days as of June 2026. Defensive assets of €299.31 Million (cash €-, short-term investments €274.32 Million, receivables €24.99 Million) cover 696 days of daily cash needs of €429.80K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BIGLARI HLDGS CL. A Defensive Interval Ratio (2021–2025)
This chart shows how BIGLARI HLDGS CL. A's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 696 days, meaning defensive assets of €299.31 Million can fund 696 days of operations without new revenue. For the complete balance sheet picture, see SQ7A current and non-current assets.
Annual Defensive Interval Ratio for BIGLARI HLDGS CL. A (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for BIGLARI HLDGS CL. A from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See BIGLARI HLDGS CL. A current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 216 days | €92.33 Million | €427.38K/day | €- | €69.05 Million | ▼ -101 days |
| 2024 | 318 days | €128.16 Million | €403.61K/day | €- | €102.97 Million | ▼ -57 days |
| 2023 | 375 days | €114.12 Million | €304.38K/day | €- | €91.88 Million | ▲ +107 days |
| 2022 | 267 days | €98.84 Million | €369.58K/day | €- | €69.47 Million | ▼ -16 days |
| 2021 | 284 days | €111.57 Million | €393.54K/day | €- | €83.06 Million | — |