**Net worth**is the amount by which

**assets**exceed liabilities. Another way to say this is, it's the value of everything you own, minus all your debts. In the corporate world,

**net worth**is also called book value or shareholders' equity. The word “

**net**”, in financial language,

**means**“after subtracting expenses and debts.”

Also question is, what is the formula of net worth of a company?

Total

**assets**minus total liabilities =**net worth**. This is also known as "shareholders' equity" and is the same**formula**one would use to calculate one's own**net worth**.How do you calculate a person's net worth?

**Net worth**is the value of all assets, minus the total of all liabilities. Put another way,

**net worth**is what is owned minus what is owed. This

**net worth**calculator helps determine your

**net worth**. It also estimates how

**net worth**could grow or decline over the next 10 years.

How do I find out my net worth?

**How to set up a personal net worth statement.**

- List your assets (what you own), estimate the value of each, and add up the total. Include items such as:
- List your liabilities (what you owe) and add up the outstanding balances.
- Subtract your liabilities from your assets to determine your personal net worth.