How it is calculated
- Total assets = cash + investments + property + vehicles + other assets
- Total debts = home loan + car loan + credit cards + other debts
- Net worth = total assets − total debts
- Debt ratio = total debts ÷ total assets × 100
To plan a safety net, use the emergency fund calculator. To save toward a goal, use the savings goal calculator.
Worked example
Cash RM20,000, investments RM30,000, property RM400,000, vehicles RM40,000. Home loan RM300,000, car loan RM25,000, cards RM2,000:
- Total assets: RM490,000
- Total debts: RM327,000
- Net worth: 490,000 − 327,000 = RM163,000
Why your number may differ
Values such as property and vehicles are estimates and change over time. Some assets cannot be turned into cash quickly or without cost. Leave out items you would not sell, such as everyday belongings, if you want a simpler figure.