The leverage position of Canada farms softened in 2019 as liabilities increased faster than equity.
Benchmarking can improve farm financial performance, but consistency and context is key.
Canada farm liquidity tightened in 2019 as current liabilities increased, and the value of inventories decreased.
If you’re concerned about cash flow, a proactive approach to working capital is your first line of defence in protecting the financial health of your operation.
Learn about the 3 financial statements and 5 ratios every farmer needs to assess the health of their operation’s bottom line.
Farmers seeking to delve deeper into the business side of their operations might want to take advantage of analysis tools like financial ratios.
Canadian producers put equity to good use. Here’s a look at how debt can leverage agricultural assets as you manage your farm financial fitness in 2019.
Our debt service coverage ratio suggests rising debt isn’t necessarily a problem for Canadian producers. Here’s how you can harness its insights to manage your farm financial fitness in 2019.
Are you on top of your farm financial fitness? Find out more about your sector’s operating expense ratio and what you can do to stay strong.
According to farm business experts, knowing machinery benchmarks – how equipment costs breaks down on a per acre level – lends itself to better farm management and overall business planning.