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New Features Added to the Purdue Farm Financial Analysis Spreadsheet

Author

Listed:
  • Barnard, Freddie L.
  • Yeager, Elizabeth
  • Miller, Alan

Abstract

The Purdue Farm Financial Analysis Spreadsheet originally introduced in 1998 has been updated to include the additional financial measures recommended by the Farm Financial Standards Council; EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), working capital to gross revenue ratio, capital debt repayment capacity and replacement margin, and the replacement margin coverage ratio. Also, an additional worksheet was added that calculates break-even at the farm level using the traditional fixed and variable classification of costs, as well as a second breakeven amount that includes principal payments on term loans, loss carryover amounts and replacement amounts for capital, such as machinery and equipment.

Suggested Citation

  • Barnard, Freddie L. & Yeager, Elizabeth & Miller, Alan, 2013. "New Features Added to the Purdue Farm Financial Analysis Spreadsheet," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2013, pages 1-14, June.
    • Handle: RePEc:ags:jasfmr:161490
    DOI: 10.22004/ag.econ.161490
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    File URL: https://ageconsearch.umn.edu/record/161490/files/382A%20Barnard.pdf
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    References listed on IDEAS

    as
    1. Barnard, Freddie & Boehlje, Michael, 2004. "Using Farm Financial Standards Council Recommendations in the Profitability Linkage Model: The ROA Dilemma," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2004, pages 1-5.
    2. Wilson, Christine & Bernard, Freddie & Boehlje, Michael, 2007. "A Financial Analysis Program That Will PASS the Farm Manager “Interest Test”," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2007, pages 1-10.
    3. Barnard, Freddie L. & Ellinger, Paul N. & Wilson, Christine A., 2010. "Measurement Issues in Assessing Farm Profitability through Cash Tax Returns," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2010, pages 1-11.
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    Cited by:

    1. Barnard, Freddie L. & Yeager, Elizabeth A., 2017. "Evaluating Effectiveness of Operating Strategies and Loan Term Changes on Repayment Capacity," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2017.
    2. Yeager, Elizabeth A. & Banard, Freddie L., 2014. "Effectiveness of Increasing Liquidity as a Response to Increased Repayment Risk: A Case Study," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-19.

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    Keywords

    Agricultural Finance;

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