Net Block In Balance Sheet: Understand Gross Block, Depreciation & Asset Value for Smart Investment Decisions in India
When reviewing a company’s financial statements, the net block balance sheet plays a crucial role in understanding its asset valuation. This figure represents the actual value of a company’s fixed assets after deducting accumulated depreciation. The net block balance sheet is derived by subtracting accumulated depreciation from the gross block, which includes the original cost of assets and any improvements made. For example, if a company has a gross block of Rs. 20,000 and accumulated… Read More »Net Block In Balance Sheet: Understand Gross Block, Depreciation & Asset Value for Smart Investment Decisions in India