Overview
Estimates of farm business balance sheets
are presented for the United States and individual States. The balance sheet includes
component accounts for assets, debt, and equity, where equity equals assets minus
debt, 1960 to the present. The disaggregated balance sheets enable users to assess
the status and trends of wealth within the farm sector.
Assets are valued at
market prices on December 31 of each year or as close to December 31 as possible.
Debt is classified as either real estate or nonreal estate. Nominal and real capital
gains on farm assets and debt are estimated. An extensive set of financial ratios
is presented reflecting the solvency, productivity, liquidity, and efficiency
of the farm sector in the aggregate. These financial measures provide useful indicators
of farm sector financial performance. Both operators' and landlords' shares
of the assets and debt for the farming operation are included in the balance sheet.
If a loan is secured by farm real estate, then it is classifed as real estate
farm debt, regardless of how the loan is used. The dwelling occupied by operators
is not included in the farm business balance sheet.
Feature
According to the Farm Income and Costs
briefing room, farm balance sheets have shown steady improvement since 1992. Farm
balance sheets for the most recent time periods are available (see
table).
There
are hundreds of tables but the major categories are individual farm sector balance
sheets for the United States and States by decade, and financial ratio tables
for solvency and profitability ratios and liquidity and efficiency ratios.
For
more information, contact Robert Williams.
See all data files...
Type
of Data and Component Software
All data are made available in Lotus
123 wk1 spreadsheets, which may be opened for immediate manipulation and presentation
in virtually any version of all types of spreadsheet software.
Format
Lotus 123 wk1 spreadsheets
Size
Mostly less than 50 kb
Release Date
Annually in December
Instructions/Helpful Hints
Each spreadsheet may be downloaded to the client's personal computer, opened in
virtually any version of every type of spreadsheet software, and be processed
using the full range of spreadsheet functions. Many browsers permit users to specify
a brand of spreadsheet software to be opened when the user clicks on a link to
a file with a specific extension. The contents of the file will then be quickly
displayed on the monitor for the user's perusal and processing. Spreadsheet software
other than Lotus may be designated to be opened and to display the wk1 speadsheet.
For more information, contact Roger Strickland.
|