Net assets: Difference between revisions
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''Financial reporting.'' | ''Financial reporting - balance sheet.'' | ||
Net assets are equal to Total assets LESS Total liabilities. | Net assets are equal to Total assets LESS Total liabilities. | ||
:<span style="color:#4B0082">'''''Example: net assets calculation'''''</span> | |||
: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. | |||
== See also == | == See also == | ||
* [[Assets]] | * [[Assets]] | ||
* [[Balance sheet]] | |||
* [[Equity]] | * [[Equity]] | ||
* [[Financial reporting]] | * [[Financial reporting]] | ||
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* [[Liabilities]] | * [[Liabilities]] | ||
* [[Minority interest]] | * [[Minority interest]] | ||
* [[Net worth]] | |||
* [[Non-controlling interest]] | * [[Non-controlling interest]] | ||
* [[Return on assets]] | * [[Return on assets]] |
Revision as of 10:33, 29 October 2020
Financial reporting - balance sheet.
Net assets are equal to Total assets LESS 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.