Net Worth definition

Net Worth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off, as per the audited balance sheet, but does not include reserves created out of revaluation of assets, write-back of depreciation and amalgamation.
Net Worth means the Net-Worth as defined in Section 2 of the Companies Act 2013.
Net Worth means as of the last Business Day of each Calculation Period preceding any date of determination, the excess, if any, of (a) the aggregate Outstanding Balance of the Receivables at such time, over (b) the sum of (i) the Aggregate Capital outstanding at such time, plus (ii) the aggregate outstanding principal balance of the Subordinated Loans (including any Subordinated Loan proposed to be made on the date of determination).

Examples of Net Worth in a sentence

  • Net worth certificate dated 21.7.2016 issued by Personal Guarantor’s auditor.

  • Net worth of the bidder should be positive in the last accounting year.

  • Net worth has been defined to mean the aggregate of the amount paid up on the issued share capital of the Group and the amount standing to the credit of its capital and revenue reserves (including any share premium accounts or capital redemption reserve but excluding revaluation reserve, and deducting any amounts attributable to intangible assets but adding back goodwill).

  • Sandeep Babu2.Book ValueBook Value of each Equity Share as on the date referred to Net worth or equity available to common shareholders.

  • No.: 022- 22873102; fax no: 56333374) certifying the Net worth and certifying access to liquid funds and adequacy of financial resources of M/s Poonam Fast Foods Private Limited to fulfill the Open Offer obligations.9. Copy of the Fixed Deposit Receipt dated February 20,2008.10.

More Definitions of Net Worth

Net Worth means, with respect to any Person, the excess of total assets of such Person, over total liabilities of such Person, determined in accordance with GAAP.
Net Worth means, as to any Person, the sum of its capital stock, capital in excess of par or stated value of shares of its capital stock, retained earnings and any other account which, in accordance with U.S. GAAP, constitutes stockholders equity, excluding any treasury stock.
Net Worth means, with respect to any Person as of any date of determination, the book value of the assets of such Person, minus the sum of (a) reserves applicable thereto, and (b) all of such Person's liabilities on a consolidated basis (including accrued and deferred income taxes), all as determined in accordance with GAAP.
Net Worth means net worth as defined in sub-section (57) of section 2 of the Companies Act, 2013.