Sentences with phrase «worth less any liabilities»

Net worth means the amount the business is worth less any liabilities, like debts and expenses.

Not exact matches

«If you anticipate the kind of huge appreciation in your personal wealth that could come from an IPO or a company sale, the best thing you can do is transfer stock to your heirs before the sale, because it will be worth much less then, and that minimizes the tax liability,» explains Allan Landau, a partner with Boston law firm Sherburne, Powers & Needham.

Its wealth (sometimes referred to as «net worth») is the total stock of assets it has as a result of inheritance and saving, less any liabilities.

The household sector's net worth (assets less liabilities) remains at a high level.

The net worth of a business is the total assets less the total amounts owed to creditors (total liabilities) at a given moment of time.

Heastie's most recent financial disclosure statement also showed modest investments worth less than $ 10,000 — a far cry from Silver's stock portfolio of up to $ 2.5 million — up to $ 50,000 in credit card debts and $ 20,000 in debt consolidation liabilities.

Two things must be true — a firm must not be able to raise cash to make a debt payment, and the assets of the firm are worth less than the liabilities.

Of course if the entire $ 35 million in DIP financing is used up on working capital and bankruptcy expenses, this leaves HAWK shares worth about $ 4.75, less, of course any liabilities from the Pride lawsuit.

I define young as someone who is less than 35 years old, and has over a million dollars net worth — assets minus liabilities.

But to have the «vote» be worth less than zero, a liability?

A P / B Ratio of less than one can signal that a company is undervalued, or that the value of its assets minus liabilities is currently worth more than the share price.

On an aging car the coverage for the car itself should get cheaper and cheaper since the car is worth less, while liability coverage would not necessarily get cheaper.

True, some firms voluntarily file for bankruptcy when they see that their assets are worth less than their liabilities, and don't see any way out.

Therefore, in our opinion, Seahawk's deferred tax liability is certainly worth significantly less than the $ 86.3 m carrying amount and may effectively be worth nothing.

It looks like the Dresden mill alone is worth far more than the market cap of the stock less liabilities to the parent company.

Below, are lesser - known liability insurance policies that are worth considering for your professional coverage needs.

If your bike is worth less than the cost of full coverage, you may want to purchase only liability coverage.

If your vehicle is worth less than the cost of the comprehensive insurance, it might be a smart idea to just have liability and medical coverage.

New Jersey law requires you to carry a property damage liability policy with at least $ 5,000 worth of coverage and a bodily injury liability policy with limits of no less than $ 15,000 per person and $ 30,000 per accident.

If your car is worth $ 1,000 or less it's possible you could get by with just liability insurance.

Just because your net worth is less than zero, does not mean that someone will not come after you with a major liability claim in the aftermath of an injury accident at your Cape Coral home.

The amount of liability insurance you need depends on the worth of your personal assets, but insurance professionals typically recommend carrying no less than $ 300,000 bodily injury protection and $ 100,000 property damage protection.

If you have a used car worth less than $ 2000, then you have to cover it only with liability insurance.