| dc.contributor.author |
Arnold, Elsa |
|
| dc.contributor.author |
Hadley, Gregg |
|
| dc.date.accessioned |
2006-09-14T21:36:59Z |
|
| dc.date.available |
2006-09-14T21:36:59Z |
|
| dc.date.issued |
2006-02 |
|
| dc.identifier.citation |
Arnold, Elsa and Gregg Hadley. "The Differences in Profitability Among Higher Debt AgFA Dairy Farms 2003." Endeavor 2.1 (2006): 11-25. |
en |
| dc.identifier.uri |
http://digital.library.wisc.edu/1793/6776 |
|
| dc.description |
14 p. |
en |
| dc.description.abstract |
Debt can be an effective tool to improve dairy farm businesses’ profitability. Over time, farmers and lenders perceptions of acceptable debt loads have changed. In today’s dairy business expansions, it is not uncommon to see farms with >70% debt compared to asset values. This study evaluates ROROA (rate of return on assets) on a subset of high-debt farms defined as those with a debt-to-asset ratio greater than 0.4 or 40% debt. Key significant differences were pinpointed between high and low profit farms within this subset. One of these was the asset turnover ratio. Higher milk prices and more efficient asset utilization were key factors in the profitability of the high-profit farms. |
en |
| dc.description.provenance |
Submitted by Heidi J. Southworth (heidi.southworth@uwrf.edu) on 2006-09-14T21:35:54Z
No. of bitstreams: 1
Arnold-Hadley.pdf: 198429 bytes, checksum: 664b3d0a2cf8fc9c009f7cba080bb9ef (MD5) |
en |
| dc.description.provenance |
Approved for entry into archive by Heidi J. Southworth(heidi.southworth@uwrf.edu) on 2006-09-14T21:36:59Z (GMT) No. of bitstreams: 1
Arnold-Hadley.pdf: 198429 bytes, checksum: 664b3d0a2cf8fc9c009f7cba080bb9ef (MD5) |
en |
| dc.description.provenance |
Made available in DSpace on 2006-09-14T21:36:59Z (GMT). No. of bitstreams: 1
Arnold-Hadley.pdf: 198429 bytes, checksum: 664b3d0a2cf8fc9c009f7cba080bb9ef (MD5)
Previous issue date: 2006-02 |
en |
| dc.format.extent |
198429 bytes |
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| dc.format.mimetype |
application/pdf |
|
| dc.language.iso |
en_US |
en |
| dc.publisher |
University of Wisconsin-River Falls |
en |
| dc.subject |
Dairying--Economic aspects |
en |
| dc.subject |
Agriculture--United States--Finance |
en |
| dc.subject |
Dairy farms |
en |
| dc.subject |
Debt |
en |
| dc.subject |
Rate of return on assets |
en |
| dc.subject |
Milk prices |
en |
| dc.subject |
Dairy farms and profitability |
en |
| dc.subject |
Dairy farms and financial performance |
en |
| dc.subject |
Dairy farms and debt |
en |
| dc.subject |
Article |
en |
| dc.title |
The Differences in Profitability Among Higher Debt AgFA Dairy Farms 2003 |
en |
| dc.type |
Article |
en |
