Get a Free E-Book! ($50 Value)
HIRE A WRITER!
Paper Types
Disciplines
Get a Free E-Book! ($50 Value)

Steak ‘N Shake, Essay Example

Pages: 1

Words: 239

Essay

Steak ‘N Shake is a subsidiary of Biglari Holdings, thus, it does not file separate financial statements with the SEC. All data comes from Biglari Holdings’ 10-K statement from the last fiscal year which was 2011. Biglari Holdings’s largest long-term liability is its obligations under leasing agreements which total a little over $116 million. It can be safely assumed that most of these leases are related to Steak ‘N Shake’s outlets. Other major liabilities include long-term debt at little over $101 million and largest short term liability is accrued expenses at approximately $47 million. As far as short-terms assets are concerned, Biglari Holding’s accounts receivables (A/R) are slightly over $4.1 million and the total value of inventories stand at approximately $5.89 million (Biglari Holdings).

The company’s largest intangible asset is goodwill with a total value of approximately $27.53 million. Other tangible assets are valued at $6.95 million, putting the combined value of all intangible assets at approximately $34.48 million. The company’s total liabilities are approximately $348 million while total shareholders’ equity is nearly $280 million, indicating a greater preference for debt in the capital structure (Biglari Holdings). This is not surprising because Steak N’ Shake is one of the company’s major holdings and restaurant business requires substantial investment in retail outlets. Not surprisingly, the largest long-term liability is leasing agreements which total $116 million. If we remove leasing agreements, the capital structure would become equity-intensive.

Reference

Biglari Holdings. “10-K.” Financial Statement. 2011.

Time is precious

Time is precious

don’t waste it!

Get instant essay
writing help!
Get instant essay writing help!
Plagiarism-free guarantee

Plagiarism-free
guarantee

Privacy guarantee

Privacy
guarantee

Secure checkout

Secure
checkout

Money back guarantee

Money back
guarantee

Related Essay Samples & Examples

Diagnostic and Statistical Manual of Mental Disorders, Essay Example

Compare and contrast 2 stages of Piaget. The sensory motor stage is the first recognizable of four stages in cognitive development of a person. It [...]

Pages: 1

Words: 625

Essay

Test of Dna Finds Root of Illness, Essay Example

The article selected is entitled, ‘In a First, Test of DNA Finds Root of Illness. It was written by Carl Zimmer. One specific thing I [...]

Pages: 1

Words: 628

Essay

Introspection and Reflection, Essay Example

Abstract Introspection and reflection are important components of counseling and educational practices.  The points which will be reviewed for introspection are the reflections with regards [...]

Pages: 1

Words: 1261

Essay

Nursing: Interoperability, Essay Example

Evaluate the challenges that health care organizations may face when sharing data across systems. Flow of data across systems is often inhibited due to lack [...]

Pages: 1

Words: 482

Essay

Understanding the Concept of Paternalism, Essay Example

The determination of the need to follow instructions has often led people into a determinable course of simply defining their ways according to what they [...]

Pages: 1

Words: 1923

Essay

Ikea’s Household Appeal, Essay Example

Ikea is one of the most innovative fast growing companies throughout the world. Their brand of household furniture and accessories. Ikea utilizes a wide range [...]

Pages: 1

Words: 1773

Essay

Diagnostic and Statistical Manual of Mental Disorders, Essay Example

Compare and contrast 2 stages of Piaget. The sensory motor stage is the first recognizable of four stages in cognitive development of a person. It [...]

Pages: 1

Words: 625

Essay

Test of Dna Finds Root of Illness, Essay Example

The article selected is entitled, ‘In a First, Test of DNA Finds Root of Illness. It was written by Carl Zimmer. One specific thing I [...]

Pages: 1

Words: 628

Essay

Introspection and Reflection, Essay Example

Abstract Introspection and reflection are important components of counseling and educational practices.  The points which will be reviewed for introspection are the reflections with regards [...]

Pages: 1

Words: 1261

Essay

Nursing: Interoperability, Essay Example

Evaluate the challenges that health care organizations may face when sharing data across systems. Flow of data across systems is often inhibited due to lack [...]

Pages: 1

Words: 482

Essay

Understanding the Concept of Paternalism, Essay Example

The determination of the need to follow instructions has often led people into a determinable course of simply defining their ways according to what they [...]

Pages: 1

Words: 1923

Essay

Ikea’s Household Appeal, Essay Example

Ikea is one of the most innovative fast growing companies throughout the world. Their brand of household furniture and accessories. Ikea utilizes a wide range [...]

Pages: 1

Words: 1773

Essay

Get a Free E-Book ($50 in value)

Get a Free E-Book

How To Write The Best Essay Ever!

How To Write The Best Essay Ever!