In the field of futures, net capital refers to a comprehensive risk supervision index based on the net assets of futures companies and adjusted the risks of assets, liabilities and other items according to liquidity, which represents the amount of funds that futures companies can use to deal with risks at any time. In fact, the index of net capital is currently mainly used in financial institutions such as securities companies, investment companies and guarantee companies, in order to squeeze bubbles and avoid risks.
The difference between net assets and net capital mainly includes the following differences:
1, and their measuring objects are different:
Net capital is a comprehensive regulatory index to measure the capital adequacy ratio and asset liquidity of securities companies. By monitoring the net capital of securities companies, the regulatory authorities can accurately and timely grasp the solvency of securities companies and prevent liquidity risks.
The net assets are private enterprises, state-owned enterprises, institutions, government agencies and foreign-funded enterprises.
2. The calculation methods are different:
Calculation formula of net assets: net assets = total assets-total liabilities.
The calculation formula of net capital is:
Net capital = net assets-risk adjustment of securities assets-risk adjustment of accounts receivable-risk adjustment of other current assets-risk adjustment of long-term assets-contingent liabilities × deduction ratio+/-others.