Financial Stages of a Farmer’s Life: Effects on Credit Analysis Measures
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Farm financial performance
measures are evaluated for
producers across five age
groups. The debt-to-asset ratio is
highest for farmers in the lessthan-
30 age group, 45.5
percent, and decreases across
age groups. Repayment
capacity is strongest for farmers
in the less-than-30 age group,
2.1:1, and weakest for farmers
in the 50-59 age group, 1.3:1.
Operating profit margins tend to
increase as farmers become
more experienced. A key
element in the financial
evaluation of farmers through
the life cycle is differing degrees
of land ownership.