When evaluating a company, two important financial metrics often come up: net worth and market capitalization (market cap).
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Understanding the average net worth by age allows you to look into your financial health and progress. See the coverage here.
Generally, NAV remains positive as it depicts the net worth of a fund or a company. However, if the liabilities significantly exceed the assets, the NAV could theoretically become negative.
Learn about Michael McCaul's net worth as we pick apart his assets and liabilities disclosed in his latest FD report.