Net Worth
This query is : Resolved
13 January 2011
What is Net Worth? What is the formula for calculating Net Worth?
Manmohan ACA, CS
(Expert)
13 January 2011
Net worth simply implies actual book value of a enterprise after payment of all outside liability.
Formula
all assets of company(excluding fictitious assets) less all provision and external outstanding liabilities including debentures.
Liability approach
share capital + all reserve and surplus including statutory reserve ) less fictitious assets
Formula
all assets of company(excluding fictitious assets) less all provision and external outstanding liabilities including debentures.
Liability approach
share capital + all reserve and surplus including statutory reserve ) less fictitious assets
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