What does book valueWhat does book value mean? In financial accounting, book va... More mean?
In financial accounting, book value is the value of an asset on the .
It is based on the original cost less any depreciation, amortization or impairment costs.
Traditionally, a company’s book value is its total assets minus intangible assets and liabilities.
The term book value is sometimes also referred to as “carrying value”. In the United KingdomThe United Kingdom of Great Britain and Northern Ireland is... More, the term “net asset value” may refer to the book value of a company.
It is the total value of a ’s assets, which the would receive if the company was liquidated. This means the of a company will only rarely be below the book value.
