Liquidity Measures
Farm Business Management - Moorhead
Northland Community and Technical College
(Farms Sorted By Net Farm Income)
Avg. Of | ||||
All Farms | Low 20% | 40 - 60% | High 20% | |
Number of farms | 75 | 15 | 15 | 15 |
Liquidity (cash) | ||||
Net cash farm income | 115,928 | 52,571 | 110,880 | 223,635 |
Net nonfarm income | 13,962 | 22,634 | 7,497 | 7,908 |
Family living and taxes | 64,145 | 33,200 | 52,141 | 110,850 |
Real estate principal payments | 11,567 | 4,750 | 11,672 | 20,734 |
Cash available for interm. debt | 54,178 | 37,254 | 54,564 | 99,959 |
Average intermediate debt | 175,203 | 55,288 | 122,134 | 314,737 |
Years to turnover interm. debt | 3.2 | 1.5 | 2.2 | 3.1 |
Expense as a % of income | 79 % | 75 % | 75 % | 77 % |
Interest as a % of income | 5 % | 4 % | 4 % | 6 % |
Liquidity (accrual) | ||||
Total accrual farm income | 577,922 | 182,682 | 461,986 | 1,083,241 |
Total accrual operating expense | 428,481 | 162,550 | 345,215 | 733,084 |
Net accrual operating income | 149,441 | 20,132 | 116,771 | 350,157 |
Net nonfarm income | 13,962 | 22,634 | 7,497 | 7,908 |
Family living and taxes | 64,145 | 33,200 | 52,141 | 110,850 |
Real estate principal payments | 11,567 | 4,750 | 11,672 | 20,734 |
Available for intermediate debt | 87,691 | 4,815 | 60,455 | 226,482 |
Average intermediate debt | 175,203 | 55,288 | 122,134 | 314,737 |
Years to turnover interm. debt | 2.0 | 11.5 | 2.0 | 1.4 |
Expense as a % of income | 74 % | 89 % | 75 % | 68 % |
Interest as a % of income | 5 % | 5 % | 4 % | 5 % |