. Economic situation facing agriculture and rural America (Secretary Mike Espy) : hearing before the Committee on Agriculture, House of Representatives, One Hundred Third Congress, first session, February 3, 1993 . Marginal solvency (*/.) Vulnerable () Financial Position of Farms - Year Favorable All Farms 1985 1986 1987 1988 1989 1990 1991 44. 3 1992 44 .3 Marginal income Marginal Percent solvency Vulnerable Farms with Gross Sales > $40,000 19


. Economic situation facing agriculture and rural America (Secretary Mike Espy) : hearing before the Committee on Agriculture, House of Representatives, One Hundred Third Congress, first session, February 3, 1993 . Marginal solvency (*/.) Vulnerable () Financial Position of Farms - Year Favorable All Farms 1985 1986 1987 1988 1989 1990 1991 44. 3 1992 44 .3 Marginal income Marginal Percent solvency Vulnerable Farms with Gross Sales > $40,000 1991 1992 13. 1 - This estimate is based on USDA survey data. The categories of financial stress are: Favorable—positive net cash farm income and debt-to-asset ratio of .4 or less; Marginal Solvency— positive net cash farm income and debt-to-asset ratio above .4; Marginal Income—negative net cash farm income and debt-to-asset ratio of .4 or less; Vulnerable--negative net cash farm income and debt-to-asset ratio above .4. I


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