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 %