Net Worth Calculator: Calculate your net worth with ease

The net worth calculator is a simple online tool that generates results of your net worth. It shows the health of your financial status and the progress you have made economically. You have to only enter your various assets and liabilities and within a fraction of a second, the tool generates a result. The calculation, which otherwise would have been complex, is made easier with a calculator.

Net Worth Meaning

The net worth of any individual or organization is the sum of its assets minus the sum of its liabilities. When the net worth says that a person has more assets than liabilities and is not in debt. When the net worth is negative it denotes that the person or an organization is in debt.

Net Worth = Total assets – Total Liabilities

The meaning of an asset and a liability is as under:

Assets: An asset can be defined as an economic resource that generates profits in the form of cash flows or receivables, such as gold, machinery, real estate, etc. Assets keep on adding money to the pocket of an individual or an entity. The more assets an individual has than liabilities, the stronger will be his financial health.

Liabilities: Liabilities are nothing but your obligations or debts. Liabilities keep on decreasing the wealth of an individual or a business. The more liabilities than assets, the weaker will be the financial health.

How to calculate net worth?

The net worth calculation is made very simpler with a net worth calculator. Firstly, you have to just enter all of your assets in the spaces given in the calculator. It should include even the smallest of an asset. Secondly, you should enter all your liabilities. The calculator will immediately generate results and you get your net worth.