Hi, Can someone help me understand what book value is? I'm having a hard time understanding what book value is because I have searched up some book value formulas and some were different than what was stated above. which formula does the above definition refer to? and you can define book value for me if possible to understand the definition better. Thanks in advance!

FORMULA 1

FORMULA 2

Book value: If you take all the liabilities a company has, and subtract them from the assets and common stock equity of the company, what you would have left over is the book value. Most of the time, the book value is used as part of an evaluative measure, rather than being truly related to a company's market value. Book Value of a Company Total Assets - Total Liabilities InvestingAnswers 1000 x 178 Book Value of Asset Assets Book Total Value of_ Value an Asset Depreciation Other Expenses %