Your Financial Status as at 06-01-2009
Your current Net Worth is $ 0.00
Your Net Worth is a true representation of your wealth taking your liabilities into consideration.
A negative value would signal that your liabilities are more than your assets.
Your Solvency ratio is 0
The solvency ratio tells you how much your assets can fall in value before your net worth is zero.
The higher the ratio, the more cushion ou have against loss of asset value.
E.g. Your solvency ratio is 0.5 or 50%. If the value of your assets fall by 50%, you will be left with nothing after paying off all your liabilities. Any further fall in asset value will result in a negative net worth.
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Through it, you will be able to better manage your monthly cashflow, revenues and expenditures.

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