Net Worth Calculator

Calculate Net Worth



Formula

To calculate your net worth:

\[ NW = TAV - TLV \]

Where:

Net Worth Definition

Net worth is the total value of an individual based on the difference between their total asset value and their total liability. It provides a snapshot of financial health by showing what is owned versus what is owed. A positive net worth indicates that assets exceed liabilities, while a negative net worth indicates liabilities exceed assets.

Example Calculation 1

Let's assume the following values:

Using the formula:

\[ NW = 50{,}000 - 20{,}000 = 30{,}000 \]

The net worth is $30,000.

Example Calculation 2

Let's assume the following values:

Using the formula:

\[ NW = 80{,}000 - 90{,}000 = -10{,}000 \]

The net worth is -$10,000.