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How to add up buy and sell orders to determine net worth?
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Ara Galacticon
Doomheim
#1 - 2014-07-15 22:50:13 UTC
This is probably the dumbest question of the day, but am I adding up my assets wrong?

I'm trading a bunch of things, and I am doing (sellOrders) + (escrowed) + (wallet) + (inventory items plus their future profit).

Whenever I do this, If I have a bunch of buy and sell orders open, and it is way less than what I started trading with. And at the end of the day, I have far more than what I started with.

E.g. currently:
Sell Orders 139,797,000.00
Escrowed 143,796,000.00
Wallet 2,607,318,000.00
Physical Assets 10M
Total Assets 2,890,000,000.00

And I started with nearly 5B.


My question is, how do I add up my finances within the market system? Am I missing something? Am I ********?
Koniforous
Tauren Transit
#2 - 2014-07-15 23:02:32 UTC  |  Edited by: Koniforous
Did you add in the amount needed to cover the remaining escrow? (It will be listed in the market window).


I just use EVE HQ...


EDIT: wallet + Sell orders + buy orders + escrow + amount remaining to fill escrow + assets

TAUTX: Private Bank & Lending

TAUTX: Collateral Liquidation / Discount Items
Ara Galacticon
Doomheim
#3 - 2014-07-15 23:36:48 UTC
[quote=Koniforous]Did you add in the amount needed to cover the remaining escrow? (It will be listed in the market window).


I thought (amount remaining to fill escrow) was money already in my wallet, and buy orders was the numbers together?

I.e.

Buy orders = escrowed money + money remaining

So adding escrow + wallet accounted for all of it? But I only assumed.

I'm not online so I can't do the addition right now to confirm.
Koniforous
Tauren Transit
#4 - 2014-07-16 00:55:19 UTC
Ara Galacticon wrote:
[quote=Koniforous]Did you add in the amount needed to cover the remaining escrow? (It will be listed in the market window).


I thought (amount remaining to fill escrow) was money already in my wallet, and buy orders was the numbers together?

I.e.

Buy orders = escrowed money + money remaining

So adding escrow + wallet accounted for all of it? But I only assumed.

I'm not online so I can't do the addition right now to confirm.

You're probably right on that one actually (I haven't trained the margin trading skill, so I could avoid escrow confusion). In your original post though you didn't list buy orders as part of your equation. Could this be the problem?

TAUTX: Private Bank & Lending

TAUTX: Collateral Liquidation / Discount Items
Destitute Tehol Beddict
Binary Trading
#5 - 2014-07-16 01:03:15 UTC
I do this

Wallet Balance + Escrow + Sell Orderx(Modifier if you depreciate the value) + Est. Inventoryx(Modifier "same")

also Escrow is mutually exclusive from the Wallet Balance (two different piles of isk)

Loot Buying service: https://forums.eveonline.com/default.aspx?g=posts&m=4529397#post4529397
Ara Galacticon
Doomheim
#6 - 2014-07-16 01:04:42 UTC  |  Edited by: Ara Galacticon
Quote:
In your original post though you didn't list buy orders as part of your equation. Could this be the problem?


The amount of money in buy orders should be (if I'm not mistaken) the same as the amount escrowed.

I must be missing something in plain view.
Destitute Tehol Beddict
Binary Trading
#7 - 2014-07-16 01:08:57 UTC
Ara Galacticon wrote:
Quote:
In your original post though you didn't list buy orders as part of your equation. Could this be the problem?


The amount of money in buy orders should be (if I'm not mistaken) the same as the amount escrowed.

I must be missing something in plain view.


Not if you have the Margin Trading Skilled.

Loot Buying service: https://forums.eveonline.com/default.aspx?g=posts&m=4529397#post4529397
Elizabeth Norn
Nornir Research
Nornir Empire
#8 - 2014-07-16 01:13:23 UTC  |  Edited by: Elizabeth Norn
You dont count the "(additional x ISK to cover)", that's the remaining amount of ISK you owe to complete your buy orders, because of Margin Trading. Remember that your sell orders are only worth what they actually sell for.

In adfition to EVE HQ, there's jEVEAssets and https://ohheck.co.uk/EVEStats/richlist.php which seems to be down at the moment.

Free 3rd party services

Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
Ara Galacticon
Doomheim
#9 - 2014-07-16 01:30:21 UTC
Destitute Tehol Beddict wrote:

Not if you have the Margin Trading Skilled.



Ok, so if this is my balance, how much do I have in total?
Elizabeth Norn
Nornir Research
Nornir Empire
#10 - 2014-07-16 01:39:42 UTC
Ara Galacticon
Doomheim
#11 - 2014-07-16 01:48:37 UTC  |  Edited by: Ara Galacticon
Elizabeth Norn wrote:
Everything except the additional ISK to cover.


And not buy orders either, right?

Forgot to mention: I have margin trading IV.

http://oldforums.eveonline.com/?a=topic&threadID=1273249

https://forums.eveonline.com/default.aspx?g=posts&t=189061
Elizabeth Norn
Nornir Research
Nornir Empire
#12 - 2014-07-16 02:08:48 UTC  |  Edited by: Elizabeth Norn
Oh yeah. Buy orders is just escrow plus the amount to cover.

Free 3rd party services

Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
Ireland VonVicious
Vicious Trading Company
#13 - 2014-07-16 03:08:59 UTC
Ara Galacticon wrote:
Destitute Tehol Beddict wrote:

Not if you have the Margin Trading Skilled.



Ok, so if this is my balance, how much do I have in total?



2.9 bil.

You round down because counting chickens before they hatch can get you in trouble.
Sell orders are sketchy that way.
Dhaq
Doomheim
#14 - 2014-07-16 17:16:26 UTC
Wallet Balance + Sell Orders + Buy Orders - ISK to cover
Scion Lex
LEX Investments
#15 - 2014-07-20 21:35:41 UTC  |  Edited by: Scion Lex
Dhaq wrote:
Wallet Balance + Sell Orders + Buy Orders - ISK to cover


Yes and/or....

Wallet Balance+Sell Orders+ Buy Orders+Off Market Inventory+Value of Outstanding contracts+Capital Assets-Margin Value(Isk to cover)-Investment Capital-Expenditures=You