Biglari Holdings Inc (BH) — Net Asset Quality Index

Latest as of March 2026: 51.0%

Biglari Holdings Inc (BH) has a Net Asset Quality Index of 51.0% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.02 Billion minus total liabilities of $499.14 Million yields net assets of $519.16 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check BH financial resilience to evaluate the company's liquid asset resilience ratio.

Quality Index

51.0%
Equity / Total Assets

Net Assets

$519.16 Million
USD

Total Assets

$1.02 Billion
USD

Total Liabilities

$499.14 Million
USD

Biglari Holdings Inc Net Asset Quality Index Over Time (1986–2025)

This chart shows how Biglari Holdings Inc's Net Asset Quality Index has evolved across 40 annual periods from 1986 to 2025. As of March 2026, the index stands at 51.0%, representing net assets of $519.16 Million against total assets of $1.02 Billion USD. See Biglari Holdings Inc (BH) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Biglari Holdings Inc (1986–2025)

The table below presents the year-by-year Net Asset Quality Index for Biglari Holdings Inc from 1986 to 2025, covering 40 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see BH market cap.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 49.9% $523.43 Million $1.05 Billion $525.71 Million ▼ -16.3 pp
2024 66.2% $572.96 Million $866.13 Million $293.17 Million ▼ -4.4 pp
2023 70.6% $599.33 Million $849.42 Million $250.09 Million ▲ +3.5 pp
2022 67.1% $555.57 Million $828.47 Million $272.91 Million ▲ +1.4 pp
2021 65.7% $587.70 Million $894.81 Million $307.11 Million ▲ +10.2 pp
2020 55.5% $564.83 Million $1.02 Billion $453.14 Million ▲ +1.4 pp
2019 54.1% $616.30 Million $1.14 Billion $523.01 Million ▼ -1.3 pp
2018 55.4% $570.46 Million $1.03 Billion $459.04 Million ▲ +1.7 pp
2017 53.7% $571.33 Million $1.06 Billion $492.26 Million ▲ +5.2 pp
2016 48.5% $531.94 Million $1.10 Billion $565.03 Million ▲ +3.5 pp
2015 45.0% $451.37 Million $1.00 Billion $552.55 Million ▼ -9.4 pp
2014 54.4% $638.72 Million $1.17 Billion $536.01 Million ▼ -2.7 pp
2013 57.1% $564.59 Million $988.54 Million $423.95 Million ▲ +5.3 pp
2012 51.9% $401.21 Million $773.79 Million $372.57 Million ▲ +3.6 pp
2011 48.3% $324.93 Million $672.86 Million $347.93 Million ▼ -6.9 pp
2010 55.2% $311.24 Million $563.84 Million $252.60 Million ▼ -1.6 pp
2009 56.8% $292.05 Million $514.50 Million $222.45 Million ▲ +2.2 pp
2008 54.5% $283.58 Million $520.14 Million $236.56 Million ▲ +0.7 pp
2007 53.9% $303.07 Million $562.76 Million $259.69 Million ▲ +0.9 pp
2006 52.9% $287.04 Million $542.52 Million $255.49 Million ▲ +0.3 pp
2005 52.6% $258.51 Million $491.34 Million $232.83 Million ▲ +2.0 pp
2004 50.7% $225.49 Million $445.12 Million $219.63 Million ▲ +4.0 pp
2003 46.6% $193.89 Million $415.66 Million $221.76 Million ▲ +4.5 pp
2002 42.2% $167.05 Million $395.89 Million $228.84 Million ▼ -25.5 pp
2001 67.7% $165.80 Million $245.07 Million $79.27 Million ▲ +4.5 pp
2000 63.2% $152.11 Million $240.77 Million $88.66 Million ▼ -1.2 pp
1999 64.4% $135.50 Million $210.50 Million $75.00 Million ▲ +1.6 pp
1998 62.7% $120.40 Million $191.90 Million $71.50 Million ▲ +7.2 pp
1997 55.6% $93.00 Million $167.30 Million $74.30 Million ▲ +11.6 pp
1996 44.0% $57.80 Million $131.40 Million $73.60 Million ▲ +1.3 pp
1995 42.7% $42.60 Million $99.80 Million $57.20 Million ▲ +18.2 pp
1994 24.5% $19.70 Million $80.30 Million $60.60 Million ▲ +8.8 pp
1993 15.7% $11.10 Million $70.60 Million $59.50 Million ▲ +13.0 pp
1992 2.7% $1.80 Million $67.10 Million $65.30 Million ▲ +9.5 pp
1991 -6.9% $-4.40 Million $64.10 Million $68.50 Million ▼ -47.2 pp
1990 40.3% $22.50 Million $55.80 Million $33.30 Million ▲ +4.3 pp
1989 36.0% $18.00 Million $50.00 Million $32.00 Million ▲ +6.5 pp
1988 29.5% $13.80 Million $46.80 Million $33.00 Million ▲ +3.3 pp
1987 26.2% $12.90 Million $49.30 Million $36.40 Million ▲ +3.6 pp
1986 22.5% $10.80 Million $47.90 Million $37.10 Million
pp = percentage points