The difference between total financial assets (gross financial assets or GFAs) and total financial liabilities (total debt or outstanding liabilities):

Net financial assets = total financial assets – total financial liabilities

A positive amount of net financial assets reflects a net lending position, whereas a negative amount reflects a net borrowing position. Net financial assets are those financial assets available for an entity for present and future ability to convert these assets into monetary assets.

It is known for short as NFAs.