Nope. Net Worth and Equity are the same, except that Net Worth is usually evaluated at fair market value while Equity is always at book value.
Equity = Assets - Liabilities, so your version would be Net Worth = 2 * (Assets - Liablities). Another way of understanding Equity is as the sum of paid in capital (or opening balances for a personal book) + income - expenses. Regards, John Ralls > On Aug 16, 2025, at 07:52, David G. Pickett via gnucash-user > <[email protected]> wrote: > > I look on it as: > Net Worth = Equity + Assets - Liabilities > where Equity is softer assets like the value of a business if sold, but > Assets are solidly accounted balances owed to you. Of course, a negative > Liability is as good as a positive Asset, but accounts are stuck with their > category as Asset or Liability with an assumed sign against Net Worth. > > I am sure this will upset the properly trained accountants! > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
