Net book value dictionary

The net book value of the plant and equipment included in the accounts prepared on 31 december 20 was eur 8,49 million. For example, an assets net book value is equal to the assets cost minus its accumulated depreciation. The current value of nonpublicly traded employer securities is usually determined by either an independent appraisal or a fair valuation formula e. Net book value the current book value of an asset or liability. Written down value of an asset as shown in the firms balance sheet. Gross book value means, at any time, ai the book value of the assets of boardwalk reit and its subsidiaries, shown on its then most recent publiclyissued consolidated balance sheet, plus the amount of accumulated depreciation and amortization shown thereon or the notes thereto. Nbv is sometimes also referred to as net asset value nav. Book value dictionary definition book value defined yourdictionary. To define net book value, it can be rightly stated that it is the value at which the assets of a company are carried on its balance sheet. Book value is calculated by subtracting any accumulated depreciation from. Book value or carrying value is the net worth of an asset that is recorded on the balance sheet.

In accounting a company, the net book value is the value of the companys assets minus the value of its liabilities and intangible assets. Net book value means, i for any vehicle, the net book value of such vehicle as reflected on the books of the company in accordance with gaap, after netting out without limitation a the cost of payoff of any lien including any consumer lien on such vehicle excluding the lien of the administrative agent under the loan documents and b reserves maintained in accordance with the company. The board of directors has evaluated the net book value of capitalized development costs, the net book value of the network investments, positive consolidation differences, deferred tax assets, contracts in progress and restructuring and other provisions, and is of the opinion that the amortizations and provisions are sufficient. With reverso you can find the english translation, definition or synonym for net book value and thousands of other words. It can be used in regard to a specific asset, or it can be used in regard to a whole company. The formula is the companys assets minus liabilities, intangible assets and the value of preferred stock. Mar 16, 2020 net worth is the amount by which assets exceed liabilities. Net book value nbv represents the carrying value of assets reported on the balance sheet, and is calculated by subtracting accumulated depreciation from the original purchase cost of the asset. It is equal to the cost of the asset minus accumulated depreciation. Original purchase cost here means the purchase price of the asset paid at the time when the assets were purchased by the company accumulated depreciation here means total depreciation charged or accumulated by the company on its assets till the date of the calculation of the net book value of the asset net book value calculation example. Book value meaning in the cambridge english dictionary. The net book value can be defined in simple words as the net value of an asset.

Definition of book value in accounting, book value refers to the amounts contained in the companys general ledger accounts or books. Net book values financial definition of net book values. Net book value is calculated by subtracting accumulated depreciation. Gains on property disposals are calculated by reference to historical net book value to the group. Dim dictionary as new dictionary of string, integer dictionary. Common problems with form 5500 filings and employee benefit plan audits. Net worth is a concept applicable to individuals and businesses as a key measure. Dec 14, 2018 net book value is the amount at which an organization records an asset in its accounting records. It is important to realize that the book value is not the same as the fair market value because of the accountants historical cost principle and matching princi. You can complete the translation of net book value given by the englishfrench collins dictionary with other dictionaries such as. Definition of book value written for english language learners from the merriamwebster learners dictionary with audio pronunciations, usage examples, and countnoncount noun labels. Book value definition and meaning collins english dictionary. Book value definition is the value of something as shown on bookkeeping records as distinguished.

Net book value legal definition of net book value by law. Buying that car at far less than book value was a great bargain. Net book value financial definition of net book value. Net book value means the carrying value of each of the assets as reflected on the books of seller as of the closing date in accordance with gaap and consistent with the accounting policies and practices of seller in effect as of the date of this agreement. See spanishenglish translations with audio pronunciations, examples, and wordbyword explanations. Net book value represents an accounting methodology for the gradual reduction in the recorded cost of a fixed asset. May 29, 2019 book value is an assets original cost, less any accumulated depreciation and impairment charges that have been subsequently incurred. Net book value, which is abbreviated as nbv, refers to the original cost of an asset as reduced by the accumulated depreciation that has been charged on it. Book value is calculated by subtracting any accumulated depreciation from an assets purchase price or historical cost. Definition of net book value in the financial dictionary by free online english dictionary and encyclopedia. Net book value is among the most popular financial metrics around.

For instance, value investors search for companies trading for prices at or below book value indicating a priceto book ratio of less than 1. Since book value represents the intrinsic net worth of a company, it is a helpful tool for investors wanting to determine if a company is underpriced or overpriced, which could indicate a potential time to buy or sell. Addrobin, 21 see if dictionary contains the value 21 it does. Book value definition, the value of a business, property, etc. Book value legal definition of book value legal dictionary. The calculation of book value is important in determining the value of a company that is being liquidated. Book value of an asset is the value at which the asset is carried on a balance sheet and calculated by taking the cost of an asset minus the accumulated depreciation. The value of an asset as it is carried on the companys books. Net book value is one of the most popular financial measures, particularly when it comes to valuing companies. The npv of an asset is essentially how much the asset is worth at a moment in time. Book value definition of book value by merriamwebster. Traditionally, a companys book value is its total assets minus intangible assets and liabilities. The net book value of banners leasehold properties comes to.

The net book value of an asset is calculated by deducting the depreciation and amortization. Book value is the term which means the value of the firm as per the books of the company. Book values definition of book values by the free dictionary. Book value dictionary definition book value defined. Net book value meaning in the cambridge english dictionary. Net book value formula with example people often use the term net book value interchangeably with net asset value nav, which refers to a companys total assets minus its total liabilities. Book value definition of book value by the free dictionary. Net worth is the amount by which assets exceed liabilities. Net book value is the value at which a company carries an asset on its balance sheet. The monetary amount by which an asset is valued on a companys balance sheet, a figure not necessarily identical to the amount the asset could bring. Information and translations of book value in the most comprehensive dictionary definitions resource on the web.

The company worth a net book value of 129 million in last years accounts is too small for a stock market flotation. Dictionary, encyclopedia and thesaurus the free dictionary 12,129,282,159 visitors served. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth. In business, the book value of an asset is the value it is given in the account books of. The result tells you what the tangible worth equals after liabilities are subtracted from tangible assets. Net book value meaning, formula calculate net book value. The book values of assets are routinely compared to market values as part of various financial analyses. Put another way, the book value is the shareholders equity, or how much the company would be worth if it paid of all of its debts and liquidated immediately. Net tangible book value how is net tangible book value. Nov 25, 2019 a conservative approach to evaluating a companys worth is to calculate tangible book value, also called net tangible assets. Gross book value legal definition of gross book value by. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. It is important to note that net book value almost never equals market value. For instance, value investors search for companies trading for prices at or below book value indicating a priceto book ratio.

Book value is often used interchangeably with net book value or carrying value, which is the original acquisition cost less accumulated depreciation, depletion or amortization. Find more about book value, the meaning of book value, book value related information and book value translations in kamus. In this example, the accumulated depreciation was calculated by determining the depreciation amount per month, and multiplying it by the number of months the asset was in use as of 12312016. Net book value is calculated as the original cost of an asset, minus any accumulated depreciation, accumulated depletion, accumulated amortization, and accumulated impairment the original cost of an asset is the acquisition cost of the asset, which is the cost required to not only purchase or. Net book value in accounting, an assets original price minus depreciation and amortization. The information includes capital expenditure, net book values, and depreciation. Since book value represents the intrinsic net worth of a company, it is a helpful tool. Net book value definition of net book value by lexico.

Net book value meaning of net book value by lexico. Because, according to the provisions of gaap, an assets bv cannot show any increase or decrease in the assets market value, it rarely reflects the. Net program that uses containsvalue module module1 sub main create new dictionary with integer values. In accounting, book value or carrying value is the value of an asset according to its balance sheet account balance. Net book value is the amount at which an organization records an asset in its accounting records. A revaluation of the brewers 1,600 pubs showed that they are now worth. Equal to its original cost its book value minus depreciation and amortization.