And he owes this is his asset, and his liabilities is he owes one share of IBM to the broker.

But it's really a measure of the same thing.

I owe these people that money is 700 and my equity is 300.

So, remember, assets are equal to liabilites plus shareholder's equity, so if all of a sudden the market value of the equity, the market capitalization, for Ben's shoe company is 215,000... (That is the equity part right over here)

Our equity is equal to 300 gold pieces.

So we could say, well, a new figure comes out ... let's see African debt.

Because if someone tells you debt to equity, you can figure out the assets to equity, but in this case, the debt to equity ratio before I took any losses it was what?

So notice, I now have negative equity, right?

Mary's Voice To all patients of Dr. Howard Mierzwiak.

These are my assets, and these are my liabilities.

liquidate it.

And forgive us our debts, as we forgive our debtors.

And forgive us our trespasses, as we forgive those who trespass against us.

And forgive us our trespasses, as we forgive them that trespass against us.

So liabilities. Liabilities.

Let's say assets and I'll talk about margin requirements

liabilities.

He essentially borrows a share of IBM.

What are my liabilities?

If you take an MBA, they'll write it down, and it looks

And then we have the debt, the debt of the company, or the

Let's think about its liabilities.

Should Shareholders Be Kings?

I owe the bank 750,000.

Most times the liabilities are pretty easy to get a handle on.

Now what's our mantra of this day and age I wonder?

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

This was equity.

This is the equity...

And the equity holders get wiped out, the old equity holders.

So just to understand what he's talking about, the central bank, it has liabilities and assets,

Well, its assets are let's see one plus 21, 25, 26 billion in assets and its liabilities are 23 billion.

An even bigger picture, if I now look at my balance sheet, what are my liabilities now?

It's the split of just the equity part right over here

liabilities as well.

It had 5 million of debt.

What are my liabilities?

That assets, A for assets, is equal to

And this is an annual income statement.

What I'm squaring off in blue, that's the

So where does this lead?

Well I have cash, I have 250,000 worth of cash.

It doesn't matter.

Or the other way to view it is, assets minus liabilities is equal to equity, right?

Minus 1.075 that was the max that I could borrow