Book value, or net book value, is the term used to describe how much a business or asset is worth according to its financials. For businesses, it is the total value of tangible assets minus ...

Discover how adjunct accounts enhance financial reporting by increasing liability book values. Learn how they differ from contra accounts and see real-world examples.

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

Tangible Book Value (TBV) is a financial metric that evaluates a company’s net worth based solely on its tangible assets. This measure excludes intangible assets, such as intellectual property, ...

Learn what a contra liability account is, how it functions in financial accounting, and explore examples of this essential component in balancing liabilities.

Tangible Book Value Per Share (TBVPS) is a financial metric that measures the per-share value of a company’s net tangible assets, excluding intangible assets such as goodwill, patents, and trademarks.