The Ardverikie Estate's net worth, based on its most recent available financial statements from 2022, stands at £9,288,981.00.
Understanding Ardverikie Estate's Financial Standing
Ardverikie Estate is a significant landholding, and its financial valuation reflects the total assets minus its liabilities. This "net worth" figure provides a comprehensive snapshot of its financial health and overall value as a going concern.
Key Financial Metrics
To provide a clearer picture of the estate's financial position, here's a summary of its key financial metrics from recent years:
| Metric | 2019 | 2022 |
|---|---|---|
| Cash | £456,386.00 | £339,231.00 |
| Net Worth | £6,576,655.00 | £9,288,981.00 |
| Total Current Assets | £645,141.00 | £628,074.00 |
| Total Current Liabilities | £556,797.00 | £634,276.00 |
As shown, the net worth of Ardverikie Estate has seen a substantial increase between 2019 and 2022, growing from approximately £6.58 million to £9.29 million. This growth indicates an enhancement in its overall asset base relative to its liabilities.
What Net Worth Signifies
Net worth is a fundamental indicator of financial health, calculated as:
Net Worth = Total Assets - Total Liabilities
- Assets include everything the estate owns that has value, such as property, land, equipment, and cash.
- Liabilities are what the estate owes to others, including debts, loans, and other financial obligations.
A higher net worth generally signifies a stronger financial position, indicating that the estate has more assets than debts, providing a solid foundation for its operations and future ventures.
