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.
See all data files...
Release Date
Annually in December
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