what is net worth

Answers were Sorted based on User's Feedback



what is net worth..

Answer / vipul sharma

In business, Net worth (sometimes "net assets") is the
total assets minus total liabilities of an individual or a
company. For a company, this is called shareholders' equity
and may be referred to as book value. Net worth is stated
for a particular point in time.

In personal finance, net worth is also used to refer to an
individual's net financial position; similarly, it also
uses the value of all assets minus the value of all
liabilities (debt).

Net worth in business is generally based on the value of
all assets and liabilities at the carrying value, that is,
the value as expressed on the financial statements. To the
extent that items on the balance sheet do not express their
true ("market") value, the net worth will also be
inaccurate.

Net worth in this formulation is not an expression of the
market value of the firm: the firm may be worth more (or
less) if sold as a going concern.

Is This Answer Correct ?    187 Yes 34 No

what is net worth..

Answer / manoj tirkey

Net worth is a stockholder's equity, it consist of equity
share capital plus reserve and surplus. In other words its
a difference between total assest and total liabilities.

Is This Answer Correct ?    174 Yes 27 No

what is net worth..

Answer / krishna v

"networth" means aggregate of value of paid up equity
capital and free reserves (excluding reserves cerated out
of revaluation)reduced by the aggregate value of
accumilated losses and deffered expenditure not written off
(including miscellaneous expenses not written off)

Is This Answer Correct ?    115 Yes 17 No

what is net worth..

Answer / m.s.marakkayar

Networth=Capital+Reserve

Is This Answer Correct ?    121 Yes 44 No

what is net worth..

Answer / vinod goyal cs

There are two methods to calculate the networth of a
company.
First is net assets value method in which the networth is
the result of (Total Assets less total liabilities)

Second is the Shareholders equity method in which the
networth is the result of (Total paid up capital+ free
reserves less accumulated losses or Miss. expenditures not
written off)

Is This Answer Correct ?    78 Yes 7 No

what is net worth..

Answer / vipin agrawal

equity share capital+preference share capital + reserve and
surplus + profits - fictitious assets like preliminary
expense - losses

Is This Answer Correct ?    54 Yes 8 No

what is net worth..

Answer / jnananjaya palai

Net worth is capital + reserve or Total asset - Total
Liablility

Is This Answer Correct ?    44 Yes 7 No

what is net worth..

Answer / rajesh

Excess of total assets over liabilities is called net worth

Is This Answer Correct ?    52 Yes 19 No

what is net worth..

Answer / ketan deepak

Net Worth is also called Net value of asset(NAV). It will
calculate by giving formula NAV = Total assets - total
liabilities divided by outstanding units.

Is This Answer Correct ?    55 Yes 34 No

what is net worth..

Answer / kasthuri

Net worth is the total of Equity share capital, Preference
share capital, Reserves and surplus,Net profit, Retained
earnings minus fictitous assets and unwritten expenses

Is This Answer Correct ?    12 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

depreciation is loss or expense

10 Answers   Genpact, Wipro,


What is SOX

0 Answers  


Expand---------TDCB

0 Answers  


What is Depreciation and how is it different from amortization

5 Answers   IBM, Thomson Reuters,


What is Balance sheet? How to know the financial position of the company in balance shhet?

5 Answers  






What is trail balance? what is Profit & loss a/c ? what is Balance sheet?

4 Answers   Siyaram,


How to Determine Bad Debts Expense?

5 Answers  


what is service bill and what is the nature of this bill how handle in a firm and how treat thi type entry in tally FOR EXA. SERVICE CHARGE AMOUNT IS = 1500 ADD SERVICE CHARGE @10.3 = 154.50 ADD SURCHARGE @2% ON SERVICE CHARGE = 3.90 ADD CESS EDUCATION TAX 1%ON SERVICE TAX= 0.0309 TOTAL AMOUNT =

3 Answers  


What is Provision of expenses?

3 Answers   Accenture,


What is Spin-off & spilts

0 Answers   BNP, Mellon,


What is meant by consignment

1 Answers  


Which types of assets deducts in equity funds for company?

1 Answers  


Categories