Financial Assessment Tool
This tool will help you calculate how viable a borrower you will appear to lendersAs a purebred beef cattle producer, input key financial information and the tool automatically creates an assessment of your net worth, debt to equity position, and your debt serviceability.
Using accepted key factors it will indicate whether you will be viewed by a lender as ‘financially strong’, in the ‘caution’ range or ‘weak’.
The investor will ask questions regarding these figures, therefore being prepared for this will be helpful to build your case. The self assessment tool is based on the Agricultural Business Analyzer (ABA) program created by Ron Lyons from Alberta Agriculture and Rural Development.
For more details on farm financial ratios, and how to interpret your assessment results, see the following link: http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/econ2198
