Biglari Holdings Inc (BH-A) — Strategic Asset Allocation Index

Latest as of December 2025: 29.5%

Biglari Holdings Inc (BH-A) has a Strategic Asset Allocation Index of 29.5% as of December 2025. Strategic assets (PP&E of $- plus long-term investments of $154.28 Million) total $154.28 Million, measured against net assets of $523.43 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. See Biglari Holdings Inc (BH-A) net asset quality to measure how much of total assets are equity-financed.

SAAI

29.5%
Strategic Assets / Net Assets

Strategic Assets

$154.28 Million
PP&E + LT Investments

PP&E

$-
USD

Net Assets

$523.43 Million
USD

Biglari Holdings Inc Strategic Asset Allocation Index (2014–2025)

This chart shows how Biglari Holdings Inc's Strategic Asset Allocation Index has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the index stands at 29.5%, representing strategic assets of $154.28 Million against net assets of $523.43 Million USD. For live market cap and overall valuation, see Biglari Holdings Inc (BH-A) total market value.

Annual Strategic Asset Allocation Index for Biglari Holdings Inc (2014–2025)

The table below presents the year-by-year Strategic Asset Allocation Index for Biglari Holdings Inc from 2014 to 2025, covering 12 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. See Biglari Holdings Inc (BH-A) shareholders funds for net asset value and shareholders' equity analysis.

Year SAAI Strategic Assets (USD) PP&E LT Investments Net Assets Change (pp)
2025 29.5% $154.28 Million $- $154.28 Million $523.43 Million ▼ -5.7 pp
2024 35.2% $201.73 Million $- $201.73 Million $572.96 Million ▲ +2.0 pp
2023 33.2% $199.10 Million $- $199.10 Million $599.33 Million ▼ -73.2 pp
2022 106.4% $591.26 Million $435.46 Million $155.79 Million $555.57 Million ▼ -2.9 pp
2021 109.3% $642.29 Million $391.89 Million $250.40 Million $587.70 Million ▼ -21.0 pp
2020 130.2% $735.67 Million $316.12 Million $419.55 Million $564.83 Million ▼ -18.4 pp
2019 148.6% $915.89 Million $410.35 Million $505.54 Million $616.30 Million ▲ +2.7 pp
2018 145.9% $832.20 Million $274.72 Million $557.48 Million $570.46 Million ▼ -5.0 pp
2017 150.8% $861.82 Million $295.80 Million $566.02 Million $571.33 Million ▼ -16.4 pp
2016 167.3% $889.90 Million $312.26 Million $577.64 Million $531.94 Million ▼ -10.8 pp
2015 178.1% $804.01 Million $332.32 Million $471.69 Million $451.37 Million ▼ -21.1 pp
2014 199.2% $1.27 Billion $428.11 Million $844.40 Million $638.72 Million
pp = percentage points