Today, Tomorrow, and the Long View Ep. 5
In this episode of Today, Tomorrow, and the Long View Brownfield’s Meghan Grebner speaks with Lance Albin, president of UMB Bank’s Agribusiness Division about the importance of working capital ratio and how farmers can work to maintain or improve theirs in these tough economic times.
Working capital ratio is computed by dividing current assets by current liabilities and Albin says to many bankers and lenders, it is one of the most important financial elements to the operation.
Tune in to this episode for more information.