Financial Statements

Biglari Holdings Inc. (BH)


-2.01 (-1.60%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 573611564566-
Net Income 35-38451950
Stock Dividends --1-21515
Dividend Paid -----
Retained Earnings 609573611564566

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 359410275296-
Annual Depreciation 97-31153-3304
Capital Expenditure -65-21-18-18-8
Net PPE 392359410275296

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -40404054
New Purchases -46-59-155-300-110
Intangible and Goodwill 4040405454

Biglari Holdings Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Biglari Holdings Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.