The Owner’s Equity Statement is a financial report used to determine the net worth of a business by subtracting all liabilities from total assets. It provides an overview of the capital a company has invested in its operations, as well as the revenue it has generated from those investments. By looking at the owner’s equity statement, you can get an idea of how well the business is doing financially and how much money you may be able to receive if you sold it. This report also helps investors better understand the financial health of the business, giving them a better idea of the risks and rewards associated with investing in it.