The Missouri Net Worth Statement is a financial statement used to determine the net worth of an individual or family. It is calculated by subtracting an individual's total liabilities from their total assets. It is commonly used by banks, lenders, and other financial institutions to assess an applicant's financial health. There are two types of Missouri Net Worth Statements: the Statement of Personal Net Worth and the Statement of Family Net Worth. The Statement of Personal Net Worth reflects an individual's assets and liabilities, while the Statement of Family Net Worth includes the assets and liabilities of all members of a family or household.