Biglari Holdings Inc (BH-A) — Defensive Interval Ratio
Biglari Holdings Inc (BH-A) has a Defensive Interval Ratio of 352 days as of March 2026. Defensive assets of $139.13 Million (cash $-, short-term investments $114.19 Million, receivables $24.94 Million) cover 352 days of daily cash needs of $395.39K/day. Check BH-A goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Biglari Holdings Inc Defensive Interval Ratio (1986–2025)
This chart shows how Biglari Holdings Inc's Defensive Interval Ratio has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the ratio stands at 352 days, meaning defensive assets of $139.13 Million can fund 352 days of operations without new revenue. Also explore Biglari Holdings Inc (BH-A) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Biglari Holdings Inc (1986–2025)
The table below presents the year-by-year Defensive Interval Ratio for Biglari Holdings Inc from 1986 to 2025, covering 40 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Biglari Holdings Inc.
| Year | DIR (days) | Defensive Assets (USD) | 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 | ▲ +139 days |
| 2020 | 144 days | $114.05 Million | $790.27K/day | $- | $94.86 Million | ▼ -29 days |
| 2019 | 174 days | $66.50 Million | $383.06K/day | $- | $44.86 Million | ▲ +26 days |
| 2018 | 147 days | $49.60 Million | $336.95K/day | $- | $33.86 Million | ▲ +43 days |
| 2017 | 105 days | $38.82 Million | $371.21K/day | $- | $23.29 Million | ▼ -6 days |
| 2016 | 111 days | $36.49 Million | $328.80K/day | $- | $22.30 Million | ▼ -18 days |
| 2015 | 129 days | $41.47 Million | $322.07K/day | $- | $23.75 Million | ▲ +8 days |
| 2014 | 121 days | $37.48 Million | $309.68K/day | $- | $21.52 Million | ▼ -178 days |
| 2013 | 299 days | $92.53 Million | $309.63K/day | $- | $85.48 Million | ▼ -514 days |
| 2012 | 813 days | $276.86 Million | $340.53K/day | $- | $269.86 Million | ▲ +433 days |
| 2011 | 380 days | $119.45 Million | $314.71K/day | $- | $115.32 Million | ▲ +225 days |
| 2010 | 154 days | $38.34 Million | $248.67K/day | $- | $32.52 Million | ▲ +36 days |
| 2009 | 118 days | $24.39 Million | $206.94K/day | $- | $16.73 Million | ▲ +43 days |
| 2008 | 75 days | $15.62 Million | $209.09K/day | $- | $- | ▲ +54 days |
| 2007 | 21 days | $5.29 Million | $252.27K/day | $- | $- | ▼ -5 days |
| 2006 | 26 days | $5.86 Million | $227.62K/day | $- | $- | ▲ +8 days |
| 2005 | 18 days | $3.30 Million | $185.66K/day | $- | $- | ▼ -9 days |
| 2004 | 27 days | $4.86 Million | $180.14K/day | $- | $466.00K | ▼ 0 days |
| 2003 | 27 days | $4.36 Million | $159.49K/day | $- | $1.11 Million | ▲ +1 days |
| 2002 | 26 days | $3.57 Million | $137.78K/day | $- | $611.09K | ▼ -130 days |
| 2001 | 156 days | $16.63 Million | $106.87K/day | $- | $3.49 Million | ▲ +95 days |
| 2000 | 60 days | $6.79 Million | $112.60K/day | $- | $- | ▼ -37 days |
| 1999 | 98 days | $11.10 Million | $113.70K/day | $- | $- | ▲ +63 days |
| 1998 | 35 days | $3.50 Million | $100.00K/day | $- | $- | ▼ -11 days |
| 1997 | 46 days | $4.90 Million | $105.48K/day | $- | $- | ▼ -7 days |
| 1996 | 54 days | $5.50 Million | $102.19K/day | $- | $- | ▼ -10 days |
| 1995 | 64 days | $5.10 Million | $79.45K/day | $- | $- | ▲ +31 days |
| 1994 | 33 days | $2.20 Million | $67.12K/day | $- | $- | ▲ +7 days |
| 1993 | 26 days | $1.30 Million | $50.68K/day | $- | $- | ▲ +9 days |
| 1992 | 17 days | $900.00K | $53.42K/day | $- | $- | ▲ +2 days |
| 1991 | 15 days | $700.00K | $47.12K/day | $- | $- | ▼ -4 days |
| 1990 | 19 days | $900.00K | $47.12K/day | $- | $- | ▼ -5 days |
| 1989 | 24 days | $900.00K | $37.53K/day | $- | $- | ▲ +7 days |
| 1988 | 17 days | $500.00K | $30.14K/day | $- | $- | ▲ +3 days |
| 1987 | 14 days | $500.00K | $35.62K/day | $- | $- | ▼ -2 days |
| 1986 | 16 days | $500.00K | $30.96K/day | $- | $- | — |