By Gary Sipiorski
Think about your last check-up at the doctor’s office. What questions did your doctor ask you? How did he or she determine you’re healthy or uncover any potential risks or problems?
Now it’s time for you to be the doctor for your farm’s finances. Pull out your balance sheet and cash flow records. Take a look at the following 12 ratios to determine your financial health. It’s not only important for you to know these numbers, but it also makes for good discussion with your lender, who uses many more ratios to assess your dairy’s financial performance.