Net assets: Difference between revisions
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imported>Doug Williamson (Amend "LESS" to "MINUS".) |
imported>Doug Williamson (Add link.) |
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* [[Assets]] | * [[Assets]] | ||
* [[Balance sheet]] | * [[Balance sheet]] | ||
* [[Book value]] | |||
* [[Equity]] | * [[Equity]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
Revision as of 03:31, 23 May 2021
Financial reporting - balance sheet.
Net assets are equal to Total assets MINUS Total liabilities.
- Example: net assets calculation
- Other assets are 70.
- Cash is 30.
- Total assets = Other assets + Cash = 70 + 30
- Total assets = 100
- Debt is (40)
- Other liabilities are (10)
- Total liabilities = Debt + Other liabilities = (40) + (10)
- Total liabilities = (50)
- Total assets - Total liabilities = 100 - 50
- Net assets = 50
Net assets are also equal to the book value of equity, also known as shareholders' funds.
