SUMMARY YEAR: 2000 Average Farm Top 1/2 Bottom 1/2
Number of Farms 140 70 70
8. Total Current Assets $171,833 $241,591 $102,076
15. Total Assets Used In The Farm
Business $635,329 $784,989 $485,669
18. Current Liabilities $71,676 $91,144 $52,208
23. Total Farm Liabilities $239,281 $297,935 $180,628
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24. Owner Capital in Farm Business
(Net Worth) $396,047 $487,054 $305,041
25. Total Liabilities & Equity
in Farm $635,329 $784,989 $485,669
26. Change in Farm Net Worth $45,129 $84,302 $5,955
Working Capital
(Current Assets - Current Liabilities) $100,157 $150,447 $49,868
Liquidity
(Current Assets / Current Liabilities) 2.40 2.65 1.95
Solvency
(Total Assets / Total Liabilities) 2.66 2.63 2.69
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Debt:Worth Ratio
(Total Farm Liabilities / Net Worth) .60 .61 .59
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Net Farm Operating Profit
(P&L Line 41) $55,283 $108,375 $2,191
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Cash Interest Paid $16,620 $20,331 $12,909
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Total Operating Costs (P&L Line 40) $216,406 $261,238 $171,574
Cash Interest Pd / $ Total Operating Costs 7.68% 7.78% 7.52%
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Labor / $ Total Operating Costs 5.63% 5.93% 5.17%
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Machinery & Equipment Operation /
$ Total Operating Costs 9.36% 10.09% 8.24%
Acres 911.5 1132.6 690.3
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Livestock & Livestock Products $109,173 $123,782 $94,564
Per Acre $119.77 $109.29 $136.99
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Crop-Sales, CCC Loans,
Price Support, Insurance $122,150 $177,797 $66,504
Per Acre $134.01 $156.98 $96.34
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Total Direct Production Expenses
(P&L Line 33) $118,106 $152,193 $84,018
Per Acre $129.57 $134.37 $121.71
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Net Farm Profit (P&L Line 45) $56,589 $110,331 $2,847
Net Farm Profit / Per Acre $62.08 $97.41 $4.12
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Farms sorted into top half and bottom half by net farm operating profit.
Due to rounding of figures some variance may occur in totals.