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Financial Characteristics Of North Dakota Farms 1992-1994

Author

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  • Swenson, Andrew L.
  • Gustafson, Cole R.

Abstract

End-of-year financial data from 700 farms enrolled in North Dakota Farm Business Management Education Program for the years 1992 to 1994 are analyzed according to 16 financial standards. All median profitability measures, median term debt coverage, term debt and capital margin, and median net farm income as a percent of gross revenue are lower in 1994 than in 1993. The median for all 16 financial measures deteriorated for 1994 in the south central and west regions due to lower livestock profitability. Financial performance of the north central region improved each of the three years.

Suggested Citation

  • Swenson, Andrew L. & Gustafson, Cole R., 1995. "Financial Characteristics Of North Dakota Farms 1992-1994," Agricultural Economics Reports 23309, North Dakota State University, Department of Agribusiness and Applied Economics.
    • Handle: RePEc:ags:nddaer:23309
    DOI: 10.22004/ag.econ.23309
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    File URL: https://ageconsearch.umn.edu/record/23309/files/aer341.pdf
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    References listed on IDEAS

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    1. Baltezore, James F. & Gustafson, Cole R. & Swenson, Andrew L., 1993. "Financial Benchmarks of North Dakota Farm Operators: 1992 Update," Agricultural Economics Reports 23153, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Baltezore, James F. & Gustafson, Cole R. & Swenson, Andrew L., 1993. "Financial Benchmarks of North Dakota Farm Operators in 1991," Agricultural Economics Reports 23380, North Dakota State University, Department of Agribusiness and Applied Economics.
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    Cited by:

    1. Swenson, Andrew L., 1996. "Financial Characteristics Of North Dakota Farms, 1994-1996," Agricultural Economics Reports 23393, North Dakota State University, Department of Agribusiness and Applied Economics.
    2. Swenson, Andrew L., 2000. "Financial Characteristics Of North Dakota Farms 1997-1999," Agricultural Economics Reports 23239, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Swenson, Andrew L. & Gustafson, Cole R., 1996. "Financial Characteristics Of North Dakota Farms, 1993-1995," Agricultural Economics Reports 23187, North Dakota State University, Department of Agribusiness and Applied Economics.

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    Keywords

    Agricultural Finance;

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