net asset value

(redirected from Stockholder's equity)
Also found in: Financial.

net asset value

n. Abbr. NAV
The market value of all securities owned by a mutual fund, minus its total liabilities, divided by the number of shares issued.

net asset value

n
(Accounting & Book-keeping) the total value of the assets of an organization less its liabilities and capital charges. Abbreviation: NAV

net′ as′set val`ue


n.
the price of a share in a mutual fund, equal to the total value of the fund's securities divided by the number of shares outstanding.
Abbr.: NAV
References in periodicals archive ?
The delisting application will be made as a result of the Company's inability to comply, at June 30, 2004, with the AMEX's continued listing standards set forth in Sections 1003 (a) (ii) - (iv) of the AMEX Company Guide due to (i) its stockholder's equity being less than $4 million and having sustained losses from continuing operations and/or net losses in three of its most recent fiscal years, (ii) its stockholder's equity being less than $6 million while having sustained losses in its five most recent fiscal years, and (iii) the existence of circumstances that make it questionable to the AMEX as to whether the Company will be able to continue its current operations and meet ongoing obligations.
At June 30, 2003, the company had a working capital deficiency of $2,470,000 and stockholder's equity of $2,200,000 compared to a working capital deficiency of $3,720,000 and stockholder's equity of $1,320,000 at December 31, 2002.
At March 31, 2003, the company had a working capital deficiency of $2,930,000 and stockholder's equity of $1,890,000 compared to a working capital deficiency of $3,720,000 and stockholder's equity of $1,320,000 at December 31, 2002.
The rules of the Nasdaq SmallCap market require the Company to maintain stockholder's equity of at least $2.
A consequence of the Company's share repurchase, undertaken over a year earlier when the Net Tangible Assets listing standard was in place, is that the Company's stockholders' equity fell short of the Nasdaq National Market's new Stockholder's Equity listing standard.