let me give you that piece of terminology, it just means net asset value.

little bit.

So 225,000

It's not like I didn't have any cost here.

And instead of putting that 400 in cash, because you didn't get the cash you can't do that,

I've gone over all of it with your money managers.

So this is the assets.

So this is just another visual representation that

They'll often say just like a big bucket of, they'll call them level three assets.

I still have no liabilities

Right?

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

Manage your personal finances

I don't want to draw this box.

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

Things like that.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

So whenever they get this money into circulation they do go out there and they do buy assets usually treasury assets, and then they say even, Indeed, although the bank of Japan's policy, so he's comparing relative to what Japan did when they kind of faced deflationary crisis.

And so liabilities plus equity is equal to assets.

These are my assets, and these are my liabilities.

I'll draw it a little bit bigger.

...I'm printing the money so that I can buy particular assets,

I'll check with Beasley at War Assets and see if we can't find another plant.

I didn't want to go there in the first video, and that's why I just said operating profit divided by assets.

So they really had, let's see, they had an 80,000 loan, a 250,000 asset, so they really had 250,000 minus 80,000, that's 170,000.

So that means borrower X defaulted on his loan.

What are my assets?

Malibu Equity and Investments. Roger Van Zant.

So its assets.

I'll do that in yellow.

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

My liabilities would be 145,000.

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

liabilities plus equity is equal to assets.

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

The assets are generating this.

Now we have 3,000 apples being produced, because these were really good investments.

Hi. Eugene Provost, financial adviser.

That assets, A for assets, is equal to

Or across the street from each other.

And what happens in bankruptcy?

liabilities.

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

So in this situation, the company is worth what?

So if I just had a personal balance sheet,