Liquidity Measures
Moorhead Farm Business Management
Northland Community and Technical College Farm Business Management
(Farms Sorted By Net Farm Income)

	Avg. Of
	All Farms	Low 20%	High 20%

Number of farms	72	14	15

Liquidity (cash)
Net cash farm income	78,711	27,832	169,368
Net nonfarm income	13,473	10,222	4,304
Family living and taxes	50,287	27,379	69,485
Real estate principal payments	9,406	4,581	12,241
Cash available for interm. debt	32,492	6,095	91,945
Average intermediate debt	187,965	102,972	217,597

Years to turnover interm. debt	5.8	16.9	2.4
Expense as a % of income	84 %	87 %	77 %
Interest as a % of income	8 %	7 %	7 %

Liquidity (accrual)
Total accrual farm income	537,410	221,479	808,175
Total accrual operating expense	412,304	192,505	553,608
Net accrual operating income	125,106	28,975	254,567
Net nonfarm income	13,473	10,222	4,304
Family living and taxes	50,287	27,379	69,485
Real estate principal payments	9,406	4,581	12,241
Available for intermediate debt	78,888	7,238	177,145
Average intermediate debt	187,965	102,972	217,597

Years to turnover interm. debt	2.4	14.2	1.2
Expense as a % of income	77 %	87 %	69 %
Interest as a % of income	7 %	8 %	6 %