net book value

(redirected from Carrying Values)

Net book value

The current book value of an asset or liability; that is, its original book value net of any accounting adjustments such as depreciation.

Net Book Value

In accounting, an asset's original price minus depreciation and amortization. For example, if a company bought piece of technological equipment for $100,000 with an absolute physical life of ten years and a patent lasting 20 years, one would account the net book value as the original price and subtract $10,000 per year (for depreciation due to reduced physical life) and $5,000 per year (for amortization).

In accounting a company, the net book value is the value of the company's assets minus the value of its liabilities and intangible assets. Put another way, the book value is the shareholders' equity, or how much the company would be worth if it paid of all of its debts and liquidated immediately. It is also known as the written-down value.

net book value

or

written down value

the accounting value of a FIXED ASSET in a firm's BALANCE SHEET that represents its original cost less cumulative DEPRECIATION charged to date.

net book value

the accounting value of a FIXED ASSET in a firm's BALANCE SHEET that represents its original cost less cumulative DEPRECIATION charged to date.
References in periodicals archive ?
Second, the company wrote the carrying values of its owned real estate down to estimated realizable values in 1993.
Based on recent independent reserve evaluations, the Company has re-evaluated its asset carrying values and made a decision with respect to further development of the property.
The carrying values before the valuation adjustment, valuation adjustment and estimated disposition value of those assets held for accelerated disposition are shown below.
Based on preliminary analysis, TLC expects to record a write-down in Q2-02 of approximately $17-$20 million to adjust the carrying values of this investment.
Due to deteriorating market conditions, the trust increased its investment reserves against the carrying values of both the Hawthorne, research and development facility and the Brooklyn Hall Street Industrial Complex, effective Dec.
Based on a review of the carrying values of certain assets in the persistent low gold price environment and the impact of specific operational issues during the third quarter, the Company estimates that it will record noncash charges totaling approximately $167 million after tax ($188 million pretax).
to reflect appropriate carrying values on its portfolios of purchased mortgage servicing rights (PMSRs).
In addition, the net loss includes approximately $35 million in after-tax charges relating to the carrying values of certain assets, principally surplus and obsolete equipment.
We plan to reduce nonperforming assets to presettlement levels through sales programs designed to take advantage of the discounted carrying values and our ability to act on market opportunities promptly.
The results for the fourth quarter of fiscal 1997 are expected to include an after-tax gain of approximately $17 million on the sales of assets and after-tax charges of approximately $35 million relating to the carrying values of certain assets, principally surplus and obsolete equipment.
As a result of the impact of currently depressed gold prices on MinVen's development strategy, management determined that it would be appropriate to adjust the carrying values in certain assets.
As a result, the company has reviewed the carrying values of existing investment values and amounts attributable to existing consulting agreements.