David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.
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 ...
Net present value (NPV) represents the difference between the present value of cash inflows and outflows over a set time period. Knowing how to calculate net present value can be useful when choosing ...
Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...
Net worth is a measure of total financial value for individuals and businesses. Learn more about this important financial metric, including the definition, calculation, and examples. Net worth is a ...
Net asset value is a fund's assets minus liabilities, divided by shares outstanding. An ETF's net asset value fluctuates more often than a mutual fund's NAV. An ETF's net asset value can differ from ...
The net asset value, or NAV, of a fund is the per-share value of a fund’s underlying assets at the close of the trading day. It’s different from the market price of an exchange-traded fund, or ETF, ...