Net asset value is a measure of a fund's net worth. It's what's left over after you subtract all of a fund's liabilities from its assets. It's similar to shareholder's equity, which you'd find on the ...
The moral of the story: book value can mislead in both directions. It can overstate or understate the true value of a ...
The book value of a company is the difference between that company's total assets and its total liabilities, as shown on the company's balance sheet. Book value represents the carrying value of assets ...
Your net worth is the dollar amount of all of your assets minus your debts. If your assets exceed your liabilities, you have a positive net worth. Conversely, if your liabilities are greater than your ...