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 73 14 14 15
Liquidity (cash)
Net cash farm income 102,179 34,975 69,129 196,542
Net nonfarm income 14,226 24,274 15,788 11,823
Family living and taxes 53,106 35,735 43,878 86,720
Real estate principal payments 12,047 6,463 6,282 23,311
Cash available for interm. debt 51,252 17,051 34,758 98,334
Average intermediate debt 180,614 115,498 118,657 304,251
Years to turnover interm. debt 3.5 6.8 3.4 3.1
Expense as a % of income 81 % 87 % 84 % 80 %
Interest as a % of income 6 % 8 % 5 % 6 %
Liquidity (accrual)
Total accrual farm income 532,539 250,525 429,567 1,028,564
Total accrual operating expense 419,144 237,774 341,998 769,145
Net accrual operating income 113,395 12,751 87,570 259,419
Net nonfarm income 14,226 24,274 15,788 11,823
Family living and taxes 53,106 35,735 43,878 86,720
Real estate principal payments 12,047 6,463 6,282 23,311
Available for intermediate debt 62,468 -5,173 53,198 161,211
Average intermediate debt 180,614 115,498 118,657 304,251
Years to turnover interm. debt 2.9 ** 2.2 1.9
Expense as a % of income 79 % 95 % 80 % 75 %
Interest as a % of income 6 % 9 % 4 % 6 %
** Income insufficient to meet debt servicing requirements