The Owner's Equity calculator computes the owners equity as function of assets and liabilities.
INSTRUCTIONS: Choose currency units and enter the following:
Equity: The calculator returns equity (E) in U.S. dollars. However this can be automatically converted to other currencies (e.g. Yuan) via the pull-down menu.
In accounting, equity (or owner's equity) is the difference between the value of the assets and the value of the liabilities of something owed. Owner's equity is viewed as a residual claim on the business assets because liabilities have a higher claim. Owner's equity can also be viewed (along with liabilities) as a source of the business assets.