How to determine your Net Worth?
Net worth, in layman’s language means the sum of all the assets owned by an individual or a company, minus any debts or liabilities. This net worth help in measuring wealth and works as a financial indicator for all the persons.
The formula for calculating net worth for company is calculated in the same way as the net worth of an individual is calculated i.e., by subtracting net liabilities from net assets.
Net worth of company = Net Assets – Net liabilities