And in the case of Jason's business

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

So if the market value is 1, what are they saying about the assets?

less capital intensive that there's less money that's required

So I start off with 300 equity 300 gold pieces of equity.

That's my net worth.

Was working on.

It should start to make a little bit of intuitive sense

Show the Kontact Introduction page

I'll do that in yellow.

I think that's what I wanted a write here, market value of equity.

One, what shares are share of

liabilities plus equity.

Because he has to show the bank that it's going towards the pizzeria.

I use 100 gold pieces.

And then the equity is, essentially we would look at this formula.

In a world without leverage so if I didn't have all this

So this is just another visual representation that

It doesn't sound like we borrowed money or anything.

Good health is his capital.

liabilities.

So now it's getting interesting.

But let's say its assets are worth 1 million.

In return on equity, the numerator is the net income that we got, so it's 350,000.

Capitalist country.

So he owns it outright so all of the 100,000 of asset value is actually his equity.

So let me do that in a vibrant color.

That's 11,000.

Let me do equity in a different color.

It's all his equity.

Well, I have 250,000 left over.

Open the door, open the door

Remember liabilities plus equities are equal to assets.

How much equity do they have?

Developer Highlight wizard

Show status bar

Show facing pages

My liabilities would be 145,000.

But when I talk about the asset, I'm talking about only the operating assets.

I shouldn't have crossed it out, let me write it again. 4 billion, the 2.5 is what the market was saying.

I believe we should have the right to choose where we live.

So 26 billion of assets minus 23 billion of liabilities means that we have 3 billion of equity of shareholders' equity.