Meaning of the word "owners equity" in English

What does "owners equity" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

owners equity

US /ˈoʊnərz ˈɛkwɪti/
UK /ˈəʊnəz ˈɛkwɪti/

Noun

the amount of money that the owners of a company have invested in it, plus any profits that have been retained

Example:
The company's balance sheet showed a healthy increase in owner's equity.
Understanding owner's equity is crucial for assessing a business's financial health.