The net worth of the company is their assets minus their liabilities and that represents the value that the company has if they paid off all their liabilities.

公司净资产为,资产减去负债,也表示,公司清偿债务后的价值

耶鲁公开课 - 金融市场课程节选

Management of these companies has, over time, caused the value of assets it has acquired to decrease so much that the cumulative value destroyed exceeds the value of all their assets currently.

FORBES: Big Write-Downs Usually A Red Flag For Failed Management

The majors charge an annual "wrap" fee on the value of all assets -- including no-loads -- of 1% or more, which is pretty expensive.

FORBES: Mutual fund supermarkets

Their pay and assets will not appear to fall in numeric terms as inflation pushes up the value of all the things they need to buy, whilst pegging their income and assets value to a never rising floor.

FORBES: Three Questions Facing Capitalism