EN
The article presents results of studies of diversification of financial liquidity in European Union farms using FADN data.Moreover, it attempts to establish the factors determining financial liquidity level using econometric methods. The studies demonstrated, that economic activity in agriculture is usually characterised with financial liquidity higher than in nonagricultural sectors. This results from relatively lower engagement of short-term capitals and larger preference for long-term assets. In the light multiple regression models, the main factor determining the level of financial liquidity in farms is working capital management policy. The conducted studies show that its conservative character, determined by longer liabilities cycle and working capital cycle significantly reduces the risk for financial liquidity.