Net worth includes or not non- convertible preference shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 November 2012
should we include non- convertible preference shares in net worth computation.?
06 November 2012
No. Preference Share Capital do not form part of Net Worth.
06 November 2012
i think they should not be included if they are redeemable.., i mean, net worth excludes the debt of the company., so redeemable non-convertible preference shares should not be added in computation of net worth...
still some other experienced expert comment on this..
still some other experienced expert comment on this..
06 November 2012
Moreover., generally, convertible preference shares do form part of net worth... I am not sure of non-redeemable as well as non-convertible preference shares, whether they are considered for net worth or not..., but redeemable are surely not added..
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