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Book Financial Performance of Missouri Local Farm Supply Cooperatives 1983 1990

Download or read book Financial Performance of Missouri Local Farm Supply Cooperatives 1983 1990 written by V. James Rhodes and published by . This book was released on 1992 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Farmer Cooperative Statistics

Download or read book Farmer Cooperative Statistics written by and published by . This book was released on 1980 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Financial Structure and Condition of Locally Owned Farm Supply and Marketing Cooperatives in Missouri

Download or read book Financial Structure and Condition of Locally Owned Farm Supply and Marketing Cooperatives in Missouri written by and published by . This book was released on 1981 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extract: The overall objective of the research was to provide information to cooperative directors, managers, and members to assist them in appraising the performance of their local cooperatives, and in developing ideas for improving their operations. The specific objectives were: (1) to compare financial situations in 1970 and 1978; (2) to appraise the effect of inflation on the cooperatives for the 1977-79 period; (3) to analyze the effect of volume of business on financial condition in 1978; (4) to determine for 1978 the impact of non-cash patronage refunds and investments in regional cooperation on earnings and financial status; and (5) to develop financial ratio guidelines for 1978.

Book Farmer Cooperatives Financial Profile 1987

Download or read book Farmer Cooperatives Financial Profile 1987 written by Jeffrey S. Royer and published by . This book was released on 1990 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Measuring the Performance of Agricultural Cooperatives

Download or read book Measuring the Performance of Agricultural Cooperatives written by United States Agriculture and published by CreateSpace. This book was released on 2012-04-28 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The task of measuring the financial performance of cooperatives is made problematic by the attributes of the cooperative form of business. Most of the commonly used financial measures give an incomplete picture of a cooperative's performance. However, the extra value approach used in this report enables a cooperative's use of member-supplied funds to be fully measured-whether member capital is earning more, or less, than it could in alternative investments. The value a cooperative generates over and above its expenses, including an opportunity cost for its equity capital, is termed "extra value." A positive extra value indicates that a cooperative has created value by its operations, while a negative extra value means that a cooperative has actually diminished the value of members' investment. Extra value is measured by subtracting an interest charge on equity capital from net savings. Three different interest rates are used for the charge on equity. The December average British Banker's Association's London Inter-Bank Offered Rate (Libor) plus 200 basis points provides the basic reference rate. This Libor + 2 "basic" rate represents the commonly held opinion that banks in the United States will generally extend loans to a firm with a better-than-average credit rating, at an interest rate of about 200 basis points above the Libor. Extra value was also calculated at two higher rates, the basic rate plus 5 percentage points and the basic rate plus 10 percentage points, to reflect a range of risk premiums because investors consider equity investment riskier than debt. For comparisons over time and among different types of cooperatives, extra value is expressed as a percentage of operating capital. This common-sized index is thus scale- and operating mode-neutral. Extra value was calculated for 65 cooperatives that had been on USDA's top 100 cooperatives (based on revenue) list for at least 4 years in each of two 5-year time periods-1992 through 1996 and 2000 through 2004. Looking at these two time periods allows for an examination of how cooperative performance progressed over time. Additionally, averaging over multiple years should have helped minimize the impact of extraordinary factors on results.

Book Equity Retirement and Other Determinants Impact on Return on Equity in US Local Farm Supply and Grain Marketing Cooperatives

Download or read book Equity Retirement and Other Determinants Impact on Return on Equity in US Local Farm Supply and Grain Marketing Cooperatives written by Christina Ruberson Stander and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The environment surrounding cooperatives is evolving and becoming more challenging due to financial concerns stemming from a turbulent agricultural economy, trade uncertainty, and the need to update infrastructure. In addition, cooperatives are financed differently than typical agribusinesses which makes financial decision making even more challenging. To remain competitive and successful in profitability, cooperatives need to operate with efficient assets and sound financial decisions regarding investments, business dealings, and equity. This study analyzes the profitability of cooperatives utilizing 5 different regression models. The first model uses more current cooperative data to update the article by Boyd, Boland, Dhuyvetter, and Barton (2007), which focuses on the financial ratios and performance measures of current ratio (CR), assets-to-equity (ATE), lagged return on equity (ROE), net profit margin (NPM), asset turnover (AT), times-interest-earned (TIE), risk, and total assets (Assets) and their impact on ROE. Four additional models are used in this study to explore the relationship between retiring equity back to patrons and ROE. The added variables are equity retirement as reported by cooperatives, a state interaction term which is a dummy variable that is set to 1 if a state has a law requiring equity retirement upon death of the member. The results find there are four statistically significant variables at the .10 level in all the models that impact future ROE which are lagged inverted current ratio (CRinv), lagged Assets-to-equity (ATE), lagged ROE, and lagged Net Profit Margin (NPM). The results between Boyd et al. and this study are results in relation to the profitability ratios and liquidity ratios. Lagged ROE and NPM are the profitability variables that impact future ROE in a positive manner as do lower levels of liquidity demonstrated by the variable CRinv. A difference from Boyd et al. (2007) is the result that higher leverage ratios demonstrated by ATE, are correlated with an increase in future profitability. This difference warrants additional research to discover the potential reason. Equity retirement was shown to have no effect on future ROE. However, adding "net" allocated equity corresponds with higher future profitability. The analysis found that cooperatives within states with legislation requiring them to retire equity would have lower future ROE, on average, than cooperatives in states with no legislation.

Book Financial Structure of Regional Farm Supply Cooperatives

Download or read book Financial Structure of Regional Farm Supply Cooperatives written by Nelda Griffin and published by . This book was released on 1965 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book financial profile of largest 100 agricultural cooperatives 2000

Download or read book financial profile of largest 100 agricultural cooperatives 2000 written by and published by DIANE Publishing. This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Financial Performance Analysis of Agricultural Cooperative Unions

Download or read book Financial Performance Analysis of Agricultural Cooperative Unions written by Berhanu Bayisa and published by LAP Lambert Academic Publishing. This book was released on 2011-12 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of the study is to identify what is the current performance of Ambo Farmers Cooperative union in financial management. Because financial analysis is one of the major types of analyses commonly used to assess activity feasibility. It is used both as a tool during activity development and as a test of a completed activity design. It is to determine the adequacy of the funds to be provided for financing all activity resources; to ascertain whether monetary benefits to be derived from the activity are larger or smaller than the activity's costs; to judge whether results would be produced at the lowest practical cost. Financial ratios used with its standard to determine whether the unions financial performance was within a given range of standard or not.

Book Inputs Used in U S Farm Production

Download or read book Inputs Used in U S Farm Production written by Thomas Spinks and published by . This book was released on 1981 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Financial Structure of Regional Farmer Cooperatives

Download or read book Financial Structure of Regional Farmer Cooperatives written by Nelda Griffin and published by . This book was released on 1966 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Farmer Cooperative Statistics

Download or read book Farmer Cooperative Statistics written by and published by . This book was released on 1991 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: