Difference between revisions of "Net assets"

From ACT Wiki
Jump to: navigation, search
(Layout.)
m (Amend header.)
Line 1: Line 1:
''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.
Line 36: Line 36:
 
== See also ==
 
== See also ==
 
* [[Assets]]
 
* [[Assets]]
 +
* [[Balance sheet]]
 
* [[Equity]]
 
* [[Equity]]
 
* [[Financial reporting]]
 
* [[Financial reporting]]

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.


See also