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

	Avg. Of
	All Farms	Low 20%	40 - 60%	High 20%

Number of farms	77	15	16	16

Liquidity (cash)
Net cash farm income	121,529	27,882	108,461	243,465
Net nonfarm income	17,273	32,147	12,208	7,873
Family living and taxes	74,972	41,112	61,949	111,763
Principal due on long term debt	14,675	5,546	15,538	24,008
Cash available for interm. debt	49,154	13,371	43,182	115,566
Average intermediate debt	180,567	17,154	181,031	279,219

Years to turnover interm. debt	3.7	1.3	4.2	2.4
Expense as a % of income	83 %	78 %	82 %	81 %
Interest as a % of income	6 %	6 %	7 %	6 %
Working capital to gross income	23 %	40 %	13 %	35 %

Liquidity (accrual)
Total accrual farm income	797,880	133,513	705,466	1,494,050
Total accrual operating expense	572,366	103,207	509,716	992,958
Net accrual operating income	225,514	30,306	195,750	501,092
Net nonfarm income	17,273	32,147	12,208	7,873
Family living and taxes	74,972	41,112	61,949	111,763
Principal due on long term debt	14,675	5,546	15,538	24,008
Available for intermediate debt	153,139	15,795	130,472	373,193
Average intermediate debt	180,567	17,154	181,031	279,219

Years to turnover interm. debt	1.2	1.1	1.4	0.7
Expense as a % of income	72 %	77 %	72 %	66 %
Interest as a % of income	6 %	8 %	7 %	5 %
Working capital to gross income	21 %	37 %	11 %	30 %