Calculation of net worth
This query is : Resolved
Quick Summary
Ashima Mishra
(Querist)
16 January 2021
sir,
how to calculate net worth from balance sheet.
how to calculate net worth from balance sheet.
CA Amit Kumar
(Expert)
16 January 2021
For a company, total assets minus total liabilities.
Or From the Liabilities side perspective Shareholders Fund+ Free Reserves - Misc. Exp not written off (Of asset side).
Or From the Liabilities side perspective Shareholders Fund+ Free Reserves - Misc. Exp not written off (Of asset side).
CA Rashmi Gandhi
(Expert)
17 January 2021
NET WORTH = TOTAL ASSETS LESS OUTSIDE LIABILITIES
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