"What is it worth?" has different answers depending on why you are asking. Asset valuation chooses the right basis:
| Basis | Meaning | Typical use |
|---|---|---|
| Net book value | Cost less accumulated depreciation | Financial statements (cost model) |
| Fair / market value | Price in an orderly sale between market participants | Sales, revaluations, M&A |
| Replacement cost | Cost to replace with an equivalent asset today | Insurance cover |
| Liquidation value | Price in a quick or forced sale | Restructuring, lending |
Why it matters
Using the wrong basis leads to under-insurance, mispriced sales or misleading reports. All bases depend on an accurate register — you cannot value what you cannot find.
Example
A 4-year-old machine: NBV $32,000; estimated resale $28,000; replacement with a new equivalent $58,000. Each figure is "right" for its purpose.
In Asetavo
Asetavo produces valuation and NBV reports from the register, exportable to CSV and PDF. Market and replacement values come from your own appraisals.