# NAV Calculator – Net Asset Value

URL: https://speedycalculator.com/calculators/finance/nav/
Last updated: 2026-10-25

> The NAV calculator works out the net asset value of a fund – total assets minus liabilities – and the NAV per share, the price at which mutual fund shares are bought and sold each day.

## Inputs

- Total investments value
- Cash and cash equivalents
- Accounts receivable
- Short-term liabilities
- Long-term liabilities
- Shares outstanding
- Market price per share (ETF or closed-end fund)

## Results

- Fund assets
- Fund liabilities
- Net asset value (NAV)
- NAV per share
- Premium (+) or discount (−) to NAV

## Formula

```
Fund assets = investments + cash + receivables
NAV = fund assets − short-term liabilities − long-term liabilities
NAV per share = NAV ÷ shares outstanding
```

## Explanation

Mutual funds are priced once a day at their NAV per share. ETFs and closed-end funds trade on exchanges and can trade at a premium or discount to NAV.

### How to use the NAV Calculator – Net Asset Value

- **Total investments value**
- **Cash and cash equivalents**
- **Accounts receivable**
- **Short-term liabilities**
- **Long-term liabilities**
- **Shares outstanding**
- **Market price per share (ETF or closed-end fund)**

Results update as you type, and every field accepts the units shown in its menu.

### How it works

Enter the value of investments, cash, receivables, liabilities and shares outstanding, and optionally the market price.

### Tips

- Take figures from the same financial statements and the same fiscal year.
- Compare ratios with companies in the same industry, not across industries.
- Use several valuation measures together; no single ratio tells the whole story.
- Market prices change every second – refresh the share price before you rely on a result.

### Common mistakes to avoid

- Mixing per-share figures with company totals.
- Using trailing earnings for one company and forward earnings for another.
- Forgetting dilution from options and convertible securities.

### Inputs explained

FieldWhat to enterTotal investments valueAmount in your currencyCash and cash equivalentsAmount in your currencyAccounts receivableAmount in your currencyShort-term liabilitiesAmount in your currencyLong-term liabilitiesAmount in your currencyShares outstandingA numberMarket price per share (ETF or closed-end fund)Amount in your currency

### What each result means

- **Fund assets** = [Total investments value] + [Cash and cash equivalents] + [Accounts receivable]
- **Fund liabilities** = [Short-term liabilities] + [Long-term liabilities]
- **Net asset value (NAV)** = [Fund assets] - [Fund liabilities]
- **NAV per share** = [Net asset value (NAV)]÷[Shares outstanding]
- **Premium (+) or discount (−) to NAV** = ([Market price per share (ETF or closed-end fund)]÷[NAV per share] - 1)×100

### Example values

How the main result changes when **Total investments value** changes and everything else stays at the example values above:

Total investments valueNAV per share47,500,00012.6371,250,00018.5695,000,00024.5118,750,00030.44142,500,00036.38190,000,00048.25

## Worked example

Inputs — Total investments value: $95,000,000; Cash and cash equivalents: $4,000,000; Accounts receivable: $1,000,000; Short-term liabilities: $1,500,000; Long-term liabilities: $500,000; Shares outstanding: 4,000,000; Market price per share (ETF or closed-end fund): $24.

Results — Fund assets = $100,000,000.00; Fund liabilities = $2,000,000.00; Net asset value (NAV) = $98,000,000.00; **NAV per share = $24.50**; Premium (+) or discount (−) to NAV = -2.04 %.

## FAQ

**What is NAV?**
The value of a fund's assets minus its liabilities.

**How often is NAV calculated?**
Mutual funds calculate it at the end of every trading day.

**Why do closed-end funds trade at a discount?**
Supply and demand for the shares can differ from the value of the holdings.

**What formula does the NAV Calculator – Net Asset Value use?**
Fund assets = investments + cash + receivables.


## Sources

- [U.S. SEC – Investor.gov compound interest and investing basics](https://www.investor.gov/)