Eiginfjárstaða
Eiginfjárstaða, also known as net worth, is a financial metric that represents the difference between an individual's or entity's total assets and total liabilities. It provides a snapshot of the financial health and wealth of an individual or organization at a specific point in time. Assets include items of value owned by the individual or entity, such as cash, investments, real estate, and personal property. Liabilities, on the other hand, are financial obligations or debts owed by the individual or entity, such as mortgages, loans, and credit card balances.
Eiginfjárstaða is commonly used by individuals to assess their financial situation, make informed decisions about investments
Calculating eiginfjárstaða involves subtracting the total value of liabilities from the total value of assets. For
Eiginfjárstaða can fluctuate over time due to changes in asset values, income, expenses, and liabilities. Regularly