Difference between revisions of "Net assets"
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| − | Total assets LESS Total liabilities. | + | ''Financial reporting - balance sheet.'' |
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| + | Net assets are equal to Total assets LESS Total liabilities. | ||
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| + | :<span style="color:#4B0082">'''''Example: net assets calculation'''''</span> | ||
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| + | :Other assets are 70. | ||
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| + | :Cash is 30. | ||
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| + | : Total assets = Other assets + Cash = 70 + 30 | ||
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| + | :Total assets = '''100''' | ||
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| + | :Debt is (40) | ||
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| + | :Other liabilities are (10) | ||
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| + | :Total liabilities = Debt + Other liabilities = (40) + (10) | ||
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| + | :Total liabilities = '''(50)''' | ||
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| + | :Total assets - Total liabilities = 100 - 50 | ||
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| + | :Net assets = '''50''' | ||
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| + | Net assets are also equal to the book value of equity, also known as shareholders' funds. | ||
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== See also == | == See also == | ||
* [[Assets]] | * [[Assets]] | ||
| + | * [[Balance sheet]] | ||
| + | * [[Equity]] | ||
| + | * [[Financial reporting]] | ||
* [[Goodwill]] | * [[Goodwill]] | ||
* [[Group accounts]] | * [[Group accounts]] | ||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Minority interest]] | * [[Minority interest]] | ||
| + | * [[Net worth]] | ||
* [[Non-controlling interest]] | * [[Non-controlling interest]] | ||
* [[Return on assets]] | * [[Return on assets]] | ||
| − | + | * [[Return on net assets]] | |
| + | [[Category:Accounting,_tax_and_regulation]] | ||
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.
