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 78 15 15 16
Liquidity (cash)
Net cash farm income 139,671 33,735 128,505 259,036
Net nonfarm income 17,173 24,948 13,135 21,135
Family living and taxes 66,449 36,448 57,372 113,234
Real estate principal payments 10,938 3,211 9,587 18,960
Cash available for interm. debt 79,457 19,024 74,680 147,978
Average intermediate debt 175,878 45,608 178,477 283,072
Years to turnover interm. debt 2.2 2.4 2.4 1.9
Expense as a % of income 77 % 80 % 77 % 75 %
Interest as a % of income 5 % 6 % 4 % 5 %
Liquidity (accrual)
Total accrual farm income 620,769 165,909 587,694 1,090,827
Total accrual operating expense 458,658 134,146 436,943 768,327
Net accrual operating income 162,111 31,763 150,751 322,500
Net nonfarm income 17,173 24,948 13,135 21,135
Family living and taxes 66,449 36,448 57,372 113,234
Real estate principal payments 10,938 3,211 9,587 18,960
Available for intermediate debt 101,897 17,052 96,927 211,442
Average intermediate debt 175,878 45,608 178,477 283,072
Years to turnover interm. debt 1.7 2.7 1.8 1.3
Expense as a % of income 74 % 81 % 74 % 70 %
Interest as a % of income 5 % 6 % 4 % 4 %