Total Current Liabilities represent the sum of all short-term financial obligations a company must settle within a year. These include debts and other liabilities due in the near term, such as ...

"Total assets" is the sum of total current assets and total long-term assets After listing the assets, you then have to account for the liabilities of your business. Like assets, liabilities are ...

Once you determine the value of your assets and the value of your liabilities, you can use this formula to determine your tangible net worth: Tangible Net Worth = Total Assets - Total Liabilities ...

Total Liabilities: Includes all short-term and long-term obligations, such as loans, accounts payable, and bonds. Total Assets: Represents the sum of all current and non-current assets ...