Financial Performance Comparison for ABC Farm

Financial Performance Comparison for ABC Farm
Author: Kevin J. Newkirk
Publisher:
Total Pages:
Release: 2012
Genre:
ISBN:

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This thesis had two objectives. One objective was to compare one northeast Kansas farm's financial performance from 2002 through 2011 to various groups of farms participating in the Kansas Farm Management Association (KFMA) during the same period. The second objective was to compare the crop acreage growth trends of the same northeast Kansas farm from 2002 through 2011 to the same groups of farms participating in the KFMA. In this thesis the northeast Kansas farm was referred to as ABC Farm. The purpose of this thesis was to provide ABC Farm's owners and management with information that could be used to formulate long-term goals for ABC Farm and to help identify strategies for achieving those goals. ABC Farm's 10-year financial performance was compared to six different KFMA member groups using 12 different financial measures or ratios. The KFMA groups included all NE region farms, NE region farms in the highest value of farm production (VFP) category, STATE irrigated crop farms, NE region farms in the highest net farm income quartile, NE region farms in the highest crop acreage category, and NE region farms in the lowest adjusted total expense ratio quartile. The 12 financial measures or ratios included VFP, net farm income, adjusted total expense ratio, operating profit margin ratio, asset turnover ratio, percent return on assets, VFP per worker, total crop acres farmed, crop machinery investment per crop acre, crop machinery cost per crop acre, current ratio, and debt to asset ratio. ABC Farm's 10-year average financial performance was better than the 10-year average of any KFMA group for most financial measures. ABC Farm's VFP, net farm income, operating profit margin ratio, VFP per worker, total crop acres, and current ratio were all higher than any KFMA group. ABC Farm's adjusted total expense ratio, crop machinery cost per crop acre, and debt to asset ratio were also lower than those of the various KFMA groups compared to. ABC Farm did not compare favorably to other KFMA groups for some of the financial measures. ABC Farm's average crop machinery investment per crop acre was higher than every group. ABC Farm's average asset turnover ratio was lower than every group. ABC Farm's average return on assets was lower than all but one group, all NE region farms.

Farm Investment and Financial Analysis

Farm Investment and Financial Analysis
Author: John B. Penson
Publisher:
Total Pages: 328
Release: 1982
Genre: Business & Economics
ISBN:

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Co-authored by Danny A. Klinefelter and David A. Lins. Includes bibliographies and index.

AFRA

AFRA
Author: Arnold W. Oltmans
Publisher:
Total Pages: 144
Release: 1992
Genre: Agriculture
ISBN:

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Agribusiness Management

Agribusiness Management
Author: Freddie L. Barnard
Publisher: Routledge
Total Pages: 482
Release: 2012
Genre: Business & Economics
ISBN: 0415596955

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Agribusiness Management uses four specific approaches to help readers develop and enhance their capabilities as agribusiness managers. First, this edition of the book offers a contemporary focus that reflects the issues that agribusiness managers face both today and are likely to face tomorrow. Specifically, food sector firms and larger agribusiness firms receive more attention in this edition, reflecting their increasing importance as employers of food and agribusiness program graduates. Second, the book presents conceptual material in a pragmatic way with illustrations and examples that will help the reader understand how a specific concept works in practice. Third, the book has a decision-making emphasis, providing contemporary tools that readers will find useful when making decisions in the contemporary business environment. Finally, Agribusiness Management offers a pertinent set of discussion questions and case studies that will allow the reader to apply the material covered in real-world situations.

Financial Modeling

Financial Modeling
Author: Simon Benninga
Publisher: MIT Press
Total Pages: 648
Release: 2000
Genre: Business & Economics
ISBN: 9780262024822

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Too often, finance courses stop short of making a connection between textbook finance and the problems of real-world business. "Financial Modeling" bridges this gap between theory and practice by providing a nuts-and-bolts guide to solving common financial problems with spreadsheets. The CD-ROM contains Excel* worksheets and solutions to end-of-chapter exercises. 634 illustrations.

Financial Conditions in the U.S. Agricultural Sector

Financial Conditions in the U.S. Agricultural Sector
Author: Nigel David Key
Publisher:
Total Pages: 30
Release: 2019
Genre: Agricultural credit
ISBN:

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This study compares recent aggregate and farm-level measures of financial performance to historic levels to better understand the severity of the current downturn in the agricultural economy and to identify the types of farms that are under the greatest financial stress.

Agricultural Finance Review

Agricultural Finance Review
Author:
Publisher:
Total Pages: 188
Release: 2013
Genre: Agricultural credit
ISBN:

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A. I. D. Spring Review of Small Farmer Credit

A. I. D. Spring Review of Small Farmer Credit
Author: United States. Agency for International Development
Publisher:
Total Pages: 876
Release: 1973
Genre: Agricultural credit
ISBN:

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