Networth calculation
Querist : Anonymous
Could any one please tell me the networth of a company in the following case?
Equity 15Lacs
Retained Earnings (10lacs)
Longterm Liabilities 25 Crores
Current Liabilities 15Lacs
Fixed Assets 24 cr
(Capital Work in progress)
Current Assets 1.2 Crores
Please suggest
Thank you
Querist : Anonymous
Could you please give me the number.
Is nt it Total Assets-Current Liabilities?
Kindly clarify
Regards
Querist : Anonymous
It is coming to 24.95 Cr.
Here the Retained Earnings is negative. In that case should nt this change?
It is 24+1.2 -25-0.15=0.05
Other way of calculation is share capital+ retained earnings.
15lacs-10lacs=5lacs.
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