Financial liquidity of farms in the European Union Płynność finansowa gospodarstw rolnych w Unii Europejskiej

Abstract

In the article diversifying the level of financial liquidity of farm in UE was presented. The research showed that a higher financial liquidity than non-agricultural sectors characterized farming. This state is a result of relatively smaller participation of short-term capital in total capital. In the EU countries the highest financial liquidity is met in farms of Belgium, Spain and Slovenia, however lowest in farms of Great Britain, the Czech Republic and Netherlands. The financial liquidity is also strongly diversified according to the economic size, the type of farms and conditions of agricultural production.

Keywords

• financial liquidity
• current ratio
• quick ratio
• FADN
• EU
• agriculture
• farms