Owner’s Equity

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Modified on 2010/07/21 09:29 by swathen Categorized as Accounting
See Also:
Stock Options Basics
Current Assets
Current Liabilities
Fixed Assets
Over the Counter Bulletin Board (OTCBB)


Owner’s Equity Definition

Owner's Equity defined: it represents the company’s net worth, or its assets minus its liabilities. It is is a section on the balance sheet. It also represents the owners’ interests in the assets of the company. Owners’ equity is also called stockholders’ equity and shareholders’ equity.

Owner's Equity Explanation

Owners’ equity, explained simply, has two components: capital contributed from owners and shareholders, and profits earned by the company. Contributed capital refers to the funds raised by issuing stock to investors. The money investors paid to purchase shares of stock is contributed capital. The accumulated profits earned by the company are called retained earnings and are also included in owners’ equity.

The owners’ equity section of the balance sheet may include accounts such as common stock, preferred stock, additional paid-in capital, treasury stock (a contra-equity account), retained earnings, and other comprehensive income.

Owner's Equity Formula

There are two ways to use the owner's equity formula:

Owners’ Equity = Total Assets – Total Liabilities

Owners’ Equity = Contributed Capital + Retained EarningsTreasury Stock

Owner's Equity Calculation

Owner's equity calculated:

If:
Total Assets = $100,000
Total Liabilities = $50,000


Owner's Equity = $100,000 - $50,000 = $50,000

or

If:
Contributed Capital = $200,000
Retained Earnings = $50,000
Treasury Stock = $50,000


Owner's Equity = $200,000 + $50,000 - $50,000 = $200,000

Owner's Equity Example

Cynthia has a company, online, which makes custom t-shirts. Cynthia has worked hard, in both marketing and operations, to create a business which can sustain her lifestyle.

Cynthia initially took on some investment capital to start her business. She now wants to know total owner's equity. Cynthia looks at the owner's equity balance sheet column and performs the equation below.

If:
Contributed Capital = $200,000
Retained Earnings = $50,000
Treasury Stock = $50,000


Owner's Equity = $200,000 + $50,000 - $50,000 = $200,000

Cynthia knows the value of the owner's equity statement in her financials. Her Owner's equity accounts tell her the amount of money shareholders have in her company.