Farm Management: Financial Management

Financial Statements and Ratios | Credit | Return to the Farm Management home page
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Financial Statements and Ratios
The formal record of financial activities of a farm business and the measurements to evaluate those activities.

The Opening Net Worth Statement
The Income and Expense Statement
The Cash Flow Statement
The Closing Net Worth Statement
Describe and Measure Solvency Risk
Describe and Measure Liquidity
Describe and Measure Profitability
Calculate a Farming Operations Overall Financial Risk
Farm Financial Ratios
Summary of Key Ratio Calculations & Benchmarks
Preparing Financial Projections and Monitoring Results
Profitability: Will it Make Money?
Financial Feasibility- Can you Afford to do it?
Cash Flow your short term “Break Points”
Interpreting Financial Statements and Measures - The Center for Farm Financial Management University of Minnesota
E-Learning Tutorial - Understanding Farm Financial Statements and their Measurement - (compatible with Internet Explorer and Mozilla Firefox browsers only).

Credit
Accessing capital to meet the goals of a farm business over time.

Financial Management is

the efficient and effective management of a business' assets and liabilities over time under conditions of certainty and uncertainty to accomplish the objectives and goals of a farm business.

For more information about the content of this document, contact Dean Dyck.
This document is maintained by Marie Glover.
This information published to the web on May 10, 2013.
Last Reviewed/Revised on November 9, 2018.