adjusted book balance

adjusted book balance　调整后的账面余额　

a measure of a company’s valuation after liabilities，including off-balance sheet liabilities，and assets are adjusted to reflect true fair market value.The potential downside of using an adjusted book value is that a business could be worth more than its stated assets and/or liabilities because it fails to value intangible assets，account for discounts or factor in contingent liabilities.It is not often accepted as an accurate picture of a profitable company’s operating value，however it can be a way of capturing potential equity available in a firm.