Net Worth

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Net Worth

The difference between total assets and liabilities; the sum total of the assets of an individual or business minus the total amount owed to creditors.

The net worth of a corporation is ordinarily determined by subtracting the liabilities from the assets, or by adding the capital account to the surplus account, as shown in the balance sheet of the company.

References in periodicals archive ?
As of 2018, the seven countries involved represent 58% of the global net wealth ($317 trillion) and more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity.
These countries with the seven largest IMF-described advanced economies in the world, representing 58% of the global net wealth ($37tn), and 46% of the global GDP based on nominal values, and more than 32% of the global GDP based on purchasing power parity.
Mian Muhammad Shahbaz Sharif has shown Rs 189,649,020 as total value of his assets besides liabilities of Rs 123, 168,815 with net wealth of Rs 64,480,205.
The 'Roy Morgan Wealth Report' says that this top decile accounts for nearly half (48.3 percent) of total Australian households' net wealth.
Sawiris, the richest Egyptian in the world with a net wealth of PS5billion, is likely to offer Villa's new boss a decent budget for January arrivals.
A SmartAsset study used a weighted average evaluating the ratio of credit card debt to per capita income, and the ratio of credit card debt to net wealth capita per county to create an index ranking the top 10 counties with the least amount of debt in New Jersey.
The greater volume of cattle trade on 'Bakra Eid' means a bigger net wealth transfer from urban to rural Pakistan, with cattle farmers of Punjab being rewarded generously for their better cattle rearing skills by the market.
London-based Sawiris, who has a net wealth of PS5billion, is considering changes at Villa Park.
Nassef, who is 57, has a net wealth of $6.6bn and is the richest Egyptian in the world.
San Francisco: Amazon Chief Executive Officer (CEO) Jeff Bezos become the richest man in the world with a net wealth of USD 141.9 billion, the Forbes World's Billionaires list showed.
Data from the 2009 and 2014 waves of the Eurosystem's Household Finance and Consumption Surveys (HFCS) showed that all groups registered large falls in their net wealth with the richest 10 per cent at least maintaining their 57 per cent share of total household wealth.